Wall Street is ignoring the omens of recession – here's why
- Written by Jay L. Zagorsky, Senior Lecturer, Boston University
Why is this man smiling?
AP Photo/Richard Drew
The world is on the brink of a recession, if all the breathlessheadlines are to be believed. So why are U.S. stocks near all-time highs?
That’s a question my MBA students have been asking me lately. Even the Federal Reserve is concerned – at least worried enough to reduce U.S. borrowing...
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