DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Garry Evans - 4 Jerome Powell - 2 Evans - 2 — - 1 Jackson - 1 Stocks - 1 It's - 1 isn't - 1
Top related locs:
U.S Jackson
Top related orgs:
BCA Research - 3 Service - 1 Federal - 1 Business - 1 Research - 1 CNBC - 1 Labor Department - 1 Wednesday - 1

Search resuls for: "Garry Evans"


4 mentions found


☆ Rate cuts won't prevent a recession and the economy is deteriorating 'quite rapidly,' investment strategist says
  + stars: | 2024-08-23 | by ( Kelly Cloonan | ) www.businessinsider.com   time to read: +3 min
Read previewMarkets are confident that rate cuts will benefit stocks and the economy, but one strategist says lower borrowing costs won't stave off a recession. Yet, BCA Research chief asset allocation strategist Garry Evans said this week that lower rates can't avert a looming downturn. "There's things that are breaking down quite rapidly now," Evans said, including recent manufacturing data. Related storiesEvans said labor and manufacturing data, plus a range of global data like weak Japanese exports, are showing signs of a tough economic outlook worldwide. AdvertisementEvans said the Fed will likely cut rates in September, but that it won't prevent a pending recession.
Persons: —, Jerome Powell, Jackson, Stocks, Garry Evans, Evans Organizations: Service, Federal, Business, Research, CNBC, Labor Department, Wednesday, Institute for Supply Management
☆ A recession is coming in the U.S., and 'a few rate cuts' won't prevent it, says strategist
  + stars: | 2024-08-23 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com   time to read: +2 min
Evans pointed to signs of the economy slowing down, including what he called the "deteriorating" U.S. labor market. The Fed funds futures market suggests that investors are expecting at least three rate cuts by the end of the year, according to the CME FedWatch Tool. "A few rate cuts are not going to prevent a recession. Average recession is 10 months… It takes something like a year before fed cuts actually start to give a boost to the economy," he said. "The market believes that the fed fund rate at the end of next year will be 3%.
Persons: Garry Evans, Evans, It's, Jerome Powell, isn't Organizations: BCA Research, . Federal, BCA Research's, U.S . Labor Department, Traders Locations: U.S, Jackson
☆ U.S. is heading into recession the next 12 months but market is ignoring that risk: Strategist
  + stars: | 2024-07-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. is heading into recession the next 12 months but market is ignoring that risk: StrategistGarry Evans of BCA Research says market risk is "very much" on the downside due to economic slowdown in the U.S. and high-concentration on AI stocks in markets.
Persons: Garry Evans Organizations: BCA Research Locations: U.S
☆ I don't see the science of the argument that Japan's corporate governance has improved: Strategist
  + stars: | 2024-05-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI don't see the science of the argument that Japan's corporate governance has improved: StrategistGarry Evans from BCA Research shares his contrarian view on investing in Japanese stocks.
Persons: Garry Evans Organizations: BCA Research
0 next >>
Total: 4