SOCGEN: The good times are coming to an end in 2018
|11/30/2017||Posted by BusinessMediaguide.Com under General World News||
- Societe Generale economists and credit strategists forecast a slowdown in the US economy to begin between 2019 and 2020.
- This year has been marked by a strong earnings recovery and resilient economy, which have fueled investor interest in buying risky corporate bonds.
- But as the Federal Reserve and European Central Bank stop their own bond buying, the credit market will be more vulnerable, forecast Societe Generale strategists.
- Economists at other firms, including Morgan Stanley and Guggenheim, have also forecast that 2018 could represent a peak for this cycle.
The party’s almost over, Societe Generale strategists say.
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