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Why the stock market shrugged off weak data, recession fears
"The mindset of the market is to embrace risk because that brings rewards rather than losses -- keep shrugging it off," Steve Sosnick, chief strategist at trading firm Interactive Brokers, told ABC ... Read More
Stocks and bonds are behaving like the US economy is recession-proof
Markets are acting as if the US will stave off a recession forever, with stock and bond investors showing unprecedented confidence, DataTrek says. Read More
Leading economist issues stark recession warning for struggling US economy
Moody's chief economist Mark Zandi warned that the U.S. economy is on the precipice of recession as weak jobs data and rising inflation complicate the Federal Reserve's policy moves. Read More
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