Stock Market Crash Warning: Don’t Get Caught Holding These 3 Energy Stocks.

Is the market likely to see a reset, similar to the ones after the dot-com bubble in 2000 and the 2008 financial crisis? As with everything in economics, opinions are divided. In this uncertain environment, identifying energy stocks to avoid becomes a critical strategy for investors looking to safeguard their portfolios. What is known is that the New York Fed’s recession probability indicator is still highly elevated at 58.3%, 12 months ahead. Moreover, the USG agencies are plagued with economic data revisions. At the end of 2023, Fed Governor Christopher Waller noted that “the problem with data is it gets revised.” It’s the same data, ranging from employment and payroll to GDP growth and inflation, that the central bank uses to determine monetary policies. And these policies can make the macroeconomic landscape worse or better. With so much noise, investors are on a back foot. In turn, they resort to defensive assets, as evidenced by the SPDR Gold Trust (NYSEARCA: GLD ) returning 16% over the last 6 months....

InvestorPlace - 5/2/2024 3:22:01 PM More News for HAL
Stock Analysis for HAL
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