Whatever they say, consumers’ actual spending has remained rock solid, even if sentiment is yet to return to prepandemic levels.
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Fitting for 2025, a government shutdown is all but guaranteed to deliver even more uncertainty into the macroeconomic mix.
In a speech in Rhode Island, Jerome Powell reminded Wall Street and the world that The Fed remains in a “challenging situation.”
The hope for the S&P 500’s small-cap cousin after the Fed’s rate cut tells an important story about the broader economy.
Many advisors say the move isn’t enough to significantly change strategies.
The return-to-office orders have taken on new weight amid a softening labor market and broader economic anxiety.
Advisors are taking a variety of approaches in fixed income, stocks and alternatives.
Morgan Stanley analysts think the US economy has been in a “rolling recession” since 2022 — and it may already be almost over.
In an interview with Barron’s, Lowe’s CEO Marvin Ellison said a rebound is inevitable in America’s something’s-gotta-give housing market
Through August, Wall Street began rotating into small cap companies and sectors outside the bounds of the AI trade.
Part of the investor pullback comes after an MIT report that checked in on the billions that companies have spent on generative AI.
A full 37% of homebuilders have slashed prices this month, down ever so slightly from a record 38% in July.
The economy added just 73,000 jobs in July, according to the Labor Department, well below the expectations of economists surveyed.
Economists anticipated a 2.5% rate, so the better-than-expected top line figure was obviously cause for celebration, right?
The consensus takeaway from the earnings season so far is that the economy is, in spite of everything, doing pretty good.
The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.