Dr. Doom sounds more like Dr. Boom these days, but Nouriel Roubini still sees plenty of risks looming over the US economy. The economist, who’s often referred to as “Dr. Doom” for his bombastic and frequently bearish predictions in markets, laid out his top fears about the macro environment speaking to Bloomberg this week. Roubini,
A fresh risk-on rally pushed stocks to records on Tuesday. US stocks have clawed their way back to records after a volatile rotation in the AI trade sent investors on a roller coaster ride in July. The Dow Jones Industrial Average and S&P 500 broke through to new highs as traders were encouraged by Treasury
Markets were rocked on Wednesday by a major resurgence of hostilities between the United States and Iran. Oil prices soared and stocks fell as the conflict escalated again, prompting President Donald Trump to declare that the ceasefire that has been in effect since mid-April is “over.” West Texas Intermediate and Brent crude oil each rose
