JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline
admin Investors worried about the next pullback for stocks might want to pause and consider this:…
Read MoreEconomic Performance/Indicators
Positive corporate earnings growth may spur additional, but slower, Fed rate hikes: Goldman Sachs
With nearly 74% of the companies in the S&P 500 that have reported earnings results…
Read More0.25% or 0.33%? Democrats’ Inflation Reduction Act wouldn’t lower prices by all that much, analysts say
The reviews are coming in for Senate Democrats’ Inflation Reduction Act of 2022, and some…
Read MoreGrowing up with rich friends can help a child escape poverty, researchers say
Want a more economically equal society? Start with your inner circle — or your child’s.…
Read MoreU.S. factories grow at slowest pace in two years, ISM finds. New orders fall again in bad omen
The numbers: A key barometer of American factories fell to a 25-month low of 52.8%…
Read MoreEurozone manufacturing downturn worsens in July, PMI falls below 50
The eurozone manufacturing sector fell deeper into contraction in July, with manufacturing purchasing managers index…
Read MoreSouth Korea reports trade deficit for fourth straight month in July
South Korea posted a trade deficit for a fourth straight month in July as energy…
Read MoreChina manufacturing sector contracts in July, home sales fall sharply
China’s major economic pillars wobbled in July with weakness in manufacturing and the all-important property…
Read MoreKashkari says Fed is committed to reining in inflation, but ‘we are a long way away’
Calling the latest inflation readings “very concerning,” Federal Reserve Bank of Minneapolis President Neel Kashkari…
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Opinion: The FAANMGs have been whittled down to the fantastic four
The anticipation of second-quarter Big Tech earnings was palpable. With a broad set of indicators…
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