Newsweek (May 13)
“China’s decision to raise tariffs on U.S. goods made its impact felt on Wall Street as stock markets began the week on a downbeat note. Both the Dow Jones Industrial Average and the S&P 500 index fell by more than 2 percent in early trading,” while the Nasdaq dropped even further. Market volatility “was directly linked to the escalating trade war between the U.S. and China…. The back-and-forth retaliation between the two superpowers wiped out the marginal gains stocks recorded at the end of last week.”
Tags: China, Dow Jones, Downbeat, Gains, Nasdaq, Retaliation, Stock market, Superpowers, Tariffs, Trade war, U.S., Volatility, Wall Street
Reuters (March 25)
“Downbeat data from the US and Europe, combined with a cautious tone from the Federal Reserve, frightened investors last week. The first inversion in the US bond yield curve since 2007 also heightened concerns, by raising fears of a recession in the world’s largest economy.”
BBC (January 17)
In the UK, “Surveyors and estate agents reckon the housing market outlook over the next three months is the worst for 20 years….. It’s the most downbeat reading since records started in October 1998 and the pessimism is blamed on the lack of clarity around Brexit.”
Tags: Brexit, Clarity, Downbeat, Estate agents, Housing market, Outlook, Pessimism, Surveyors, UK
Investment Week (December 9)
“The industry has been gripped by fears of an impending market correction for some time now and debating what could cause a pullback, but talk may have been premature as global equity markets continue to hit fresh record highs into the latter stages of 2017.” UK wealth managers have been “more downbeat than their global peers” due to domestic issues like “negotiating Brexit and the potential for a Labour win if another snap General Election is called.”
Tags: Brexit, Downbeat, Equity markets, Fears, Industry, Market correction, Premature, Pullback, Record highs, Snap election, UK, Wealth managers
Bloomberg (November 24)
“Youthful optimism can be hard to find in Japan, where millennials rank as the gloomiest of those in the world’s biggest economies.” Less than 40% of Japan’s millennials are optimistic about the future, “making them the most pessimistic in 18 countries surveyed by ManpowerGroup. They’re even more downbeat than young Greeks, who have suffered Great Depression-like conditions and political upheaval in recent years.”
Tags: Downbeat, Future, Gloomiest, Great Depression, Greeks, Japan, ManpowerGroup, Millennials, Optimism, Pessimistic, Upheaval
