* Victory still not imminent on the inflation war, advise economists
* President of the Teamsters asked White House won’t intervene in looming UPS strike
* JP Morgan And Goldman Sachs decline in the chances of a recession in the United States
* Slowdown in Chinese growth not a first order risk for America, US officials say
* Russia escalates the economic war on West by seizing the assets of two companies
* CNN Money Fear and Greed Index stay in Zone “Extreme Greed” on Monday
* US housing market recession seems to fade
* US chip industry Biden press refrain from additional restrictions in China
A so-called ‘continued recovery’ will help keep the US stock market rallying, predicted strategist Ed Yardeni. The chairman of Yardeni Research expects stocks to rise 20% from current levels as a “continuing recession” fades. “I think it will be because there won’t be a recession, because earnings will go up, and I think because the market will actually widen,” he told CNBC in a post. interview Monday. “I think the market was kind of thrilled with a disinflationary soft landing scenario. “It was a continuing recession, not an economy-wide recession. Now I think we’re in a gradual recovery. The ‘result,’ he says, ‘is that we’ve been in a bull market since October 12.”
