Asian Shares Are Mixed
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As expected by virtually all market participants, the Federal Reserve maintained its short-term policy interest rate between 5.25% and 5.5% at its June meeting that concluded Wednesday afternoon. According to the FOMC, “the risks to achieving its ...
President Donald Trump received some rosy news on Friday morning when the Bureau of Labor Statistics released its report showing that the U.S. economy added 177,000 jobs in April. This came the month that Trump announced his “liberation day” tariffs ...
Weak US retail sales data was bad news for the economy but good news for markets; strong Purchasing Managers’ Indexes were the opposite. It seems the key driver is that UK stocks are reacting to the political certainty and stability leading up to ...
Are the financial markets priced for perfection? The ferocious rally in both stocks and bonds since November suggest it might be. It is an economy that is slowing just enough to lower inflation, but not enough to cause a recession. It is inflation ...
• Inflation is up, but so are the jobs numbers. We added 339,000 jobs to the American economy in May. But many companies, especially in high tech, are laying off people. • We are officially in a bull market. • Unemployment is at a 50-year low.
A strong U.S. economy was in the spotlight this week as the Federal Reserve Chair held a press conference and highlighted how healthy it is. However, some investors, business people, and other Americans watching probably felt that the economy is ...
With President Donald Trump imposing the largest tariffs on U.S. imports in a century – raising the prospect of sharply higher consumer prices and hammering the stock market – it may feel like the nation is already mired in recession. Except on days ...
Even with the recent market pullback, the S&P 500 Index (SPX) remains 12.5% higher on the year. The recent pullback represents only a -3.97% decline from the high reached on October 28. Based on sentiment surveys, the federal government shutdown has ...
Most stocks slipped on Wall Street Tuesday, but the market hung near its highest level in 20 months following a mixed set of reports that kept alive questions about whether the U.S. economy can pull off a perfect landing where it kills high inflation but ...