This asset class is poised to rise 38% because markets overestimate risk of global recession, Goldman says
admin Still reeling from Fed Chairman Jerome Powell’s higher-for-longer remarks last week, riskier asset like equities…
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Dow drops 650 points as U.S. stocks fall sharply after Powell warns of pain to households in inflation battle
U.S. stocks were sinking Friday afternoon after Federal Reserve Jerome Powell said the central bank…
Read MoreFed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech
Federal Reserve Chairman Jerome Powell used the spotlight on the central bank’s Jackson Hole retreat…
Read MoreUS consumer outlook improves in August as inflation expectations fall to 8-month low
The numbers: A survey of U.S. consumers saw sentiment rise in August as falling prices…
Read MoreGerman consumer sentiment expected to drop to new record low in September
Consumer confidence in Germany is set to fall in September to an all-time low, as…
Read MoreU.S. stocks climb as strong economic data lifts sentiment ahead of Powell speech
U.S. stocks traded higher on Thursday with the main benchmarks headed for back-to-back gains as…
Read MoreGDP shrank at 0.6% annual pace in second quarter, but it wasn’t all bad news
The numbers: The economy contracted at an annual 0.6% pace in the second quarter, updated…
Read MoreJobless claims fall to one-month low of 243,000 with no sign of surging layoffs
The numbers: The number of people who applied for unemployment benefits last week fell to…
Read MoreGerman Business Sentiment Posts Small Decline in August
By Maria Martinez Business confidence in Germany worsened slightly in August as companies turned more…
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Weekend reads: When will the stock market come back to life?
The stock market always looks ahead — anticipating any signs of economic changes that may…
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