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Roaring 20s

All articles tagged with #roaring 20s

finance1 year ago•3 min saved

Potential Republican Sweep Sparks Optimism for Wall Street's Future

Market veteran Ed Yardeni predicts a potential extension of a "Roaring 20s" era on Wall Street into the 2030s following a Republican sweep in U.S. elections, with expectations of lower taxes and deregulation boosting economic growth. Despite a strong start to the decade, Yardeni warns of possible inflationary pressures and geopolitical risks. While some analysts share his optimism, others, like PIMCO's Dan Ivascyn, caution against potential economic overheating under a second Trump administration.

via Fortune|

#economic-growth #finance #republican-sweep

financeeconomy1 year ago•3 min saved

"Nvidia's Financial Forecast: Riding the Wave of AI Chip Market Shifts"

UBS's head of asset allocation in the US suggests that Nvidia's recent earnings beat and the surge in AI-related spending could usher in a new Roaring '20s economic boom, driven by higher productivity without sparking inflation. The combination of tight labor market, increased capital expenditure, and AI supports a continued surge in productivity, potentially leading to structurally higher trend growth. Market expectations are shifting towards a Roaring '20s outcome, with Nvidia's earnings affirming the momentum in generative AI and raising the likelihood for multi-year, above-trend growth.

via Markets Insider|

#ai #economic-outlook #financeeconomy

economy2 years ago•2 min saved

UBS Predicts Impending 1990s-style Economic Boom

UBS Global Wealth suggests that instead of a repeat of the "Roaring 20s," the current economic outlook resembles a 1990s-style boom. Despite concerns over inflation and rate shocks, the economy grew 4.9% in Q3 2022. UBS compares the current hiking cycle to that of 1994, predicting a soft landing in 2024 with modest rate cuts. While there are differences from the Clinton era, UBS believes something significant is happening in the US economy. U.S. stocks have been under pressure from rising benchmark rates, but the S&P 500, Dow Jones, and Nasdaq have shown positive performance this year.

via MarketWatch|

#economic-boom #economy #federal-reserve