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US Federal Reserve Chair Jerome Powell
US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.
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stock traders panic
Stocks could drop within months as headwinds mount, Ulrike Hoffmann-Burchardi says.
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unemployment
The US is nearing a dream scenario where inflation falls without a spike in unemployment, according to Morgan Stanley's top economist Seth Carpenter.
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traders
Stocks could plunge by 10% or more once investors start pricing in the risk of recession, Key Advisors' Eddie Ghabour says.
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Jerome Powell
Federal Reserve Chairman Jerome Powell participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, DC.
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US house prices
The average 30-year fixed mortgage rate clocked in at 7.48% the last week, according to Mortgage News Daily.