diverge

Major central banks diverge on when the first rate cuts will come

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European Central Bank (ECB) President Christine Lagarde gestures as she speaks to the media following the Governing Council’s monetary policy meeting at the ECB headquarters in Frankfurt, Germany, December 14, 2023.  Kai Pfaffenbach | Reuters The West’s major central banks all kept interest rates unchanged in recent days, but struck very different tones on the … Read more

Oil, gold and Treasurys diverge on U.S. recession risk: Livermore’s Neuhauser

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Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund manager David Neuhauser. The CIO of Livermore Partners told CNBC on Monday that many investors are hoping for a “Goldilocks” scenario, in which the economy doesn’t grow too quickly, or shrink too much. “The outlook … Read more