Germany ’s Economy Is in a Bad Slump. These 6 Stocks Could Rebound
Germany’s economy, historically the powerhouse of Europe, is going through a rough patch. Its reliance on Russian energy and trade with China will have to be scaled back and new sources of growth found. Investment will be needed and it will take time. As a result, the country’s stock market has…#russian #argentina (Source: Reuters: Health)
Source: Reuters: Health - November 12, 2023 Category: Consumer Health News Source Type: news
3% by the end of 2024: What economists say about Bank of Canada's latest rate decision
The Bank of Canada held its benchmark interest rate at five per cent on Oct. 25, its second consecutive pause, meeting economist expectations amid a slowdown in the economy. We apologize, but this video has failed to load. tap here to see other videos from our team. Try refreshing your browser, or…#bankofcanada #averyshenfeld #cibccapitalmarkets #governingcouncil #douglasporter #bmoeconomics #q3 #davidrosenberg (Source: Reuters: Health)
Source: Reuters: Health - November 12, 2023 Category: Consumer Health News Source Type: news
American consumers may be starting to buckle. Here are 5 warning signs a spending slowdown is on the horizon
None There are a handful of signals that point to the strong US consumer finally slowing down. • None Macquarie strategist Thierry Wizman, foresees the US economy slipping into a consumer-led slowdown. • None He said a downturn could hit sometime between now and the end of the first quarter of…#nonemacquarie #thierrywizman #macquarieglobal #q3 #credit #newyorkfed #sanfranciscofed #conferenceboard #expectationsindex #mckinsey (Source: Reuters: Health)
Source: Reuters: Health - November 11, 2023 Category: Consumer Health News Source Type: news
Japan banking giant MUFG bullish on China, Asia-Pacific growth as it bets on trade flows, ESG financing: Asia-Pacific CEO
Banking giant MUFG Bank’s corporate clients are bullish about China in the long run despite the country’s economic slowdown, according to a top executive at the Japanese…#mufg #asiapacific #esg #mufgbanks #hongkong #masakazuosawa #vietnam #mufgbank #osawa #asiapacificregion (Source: Reuters: Health)
Source: Reuters: Health - November 10, 2023 Category: Consumer Health News Source Type: news
BRICS: Economist Predicts ‘Messy’ Ending for the US Dollar
Amid the economic alliance’s de-dollarization efforts, the BRICS bloc has led one economist to predict a “messy” ending for the US dollar. Indeed, Kit Juckes of Societe Generale predicted that the rest of 2023 would arrive with a slowdown for the declining currency amid the growing economic…#kitjuckes #societegenerale #juckes #dreamstimecom #weakenedusdollar #usdollarheaded #messyending #brics #dethroneus (Source: Reuters: Health)
Source: Reuters: Health - November 9, 2023 Category: Consumer Health News Source Type: news
Why India is bucking the global slowdown trend
India is the fastest-growing major economy this year. While others in the region look to be struggling, there are few clouds on the horizon for India. Inflation is high, but falling, and the rupee is one of the strongest currencies in the region, which will be further helped as Indian government…#yoy #asiapacificregion #stableinr #rbi #reservebankofindia #inr #adr #jpmorgan #ustreasuries #usfederalreserve (Source: Reuters: Health)
Source: Reuters: Health - November 9, 2023 Category: Consumer Health News Source Type: news
Fed's Waller calls Q3 US GDP growth a'blowout,' but newer data suggest slowdown
Third-quarter U.S. economic growth, at an annualized 4.9% rate, was a "blowout" performance that warrants watching as the Federal Reserve considers its next policy moves, Fed Governor Christopher Waller said on Tuesday, while a colleague made an explicit call for another interest rate hike. "This…#federalreserve #christopherwaller #stlouisfed #waller #ohiobankersleague #michellebowman #atlantafed #lisacook #chicagofed #austangoolsbee (Source: Reuters: Health)
Source: Reuters: Health - November 7, 2023 Category: Consumer Health News Source Type: news
Europe ’s Steelmakers Feel Sting of the Economy's Downturn
(Source: Reuters: Health)
Source: Reuters: Health - November 7, 2023 Category: Consumer Health News Source Type: news
China's trade slump likely eased further in October: Reuters poll
China’s exports likely fell more slowly for a third consecutive month in October, a Reuters poll showed, adding to signs that the economy is stabilising even if the trade performance remains weaker than it was before Beijing removed anti-COVID curbs. Exports are expected to show a 3.3% fall in…#beijing #sino #bnpparibas #baltic #northamerican #southkorean (Source: Reuters: Health)
Source: Reuters: Health - November 6, 2023 Category: Consumer Health News Source Type: news
Sharp U.S. Hiring Slowdown Signals Cooling Economy Ahead
Job growth slowed sharply last month, a sign the U.S. economy is cooling this fall after a torrid summer. Employers added 150,000 jobs in October, half the prior month’s gain and the smallest monthly increase since June, the Labor Department said Friday. The unemployment rate rose to 3.9%, up a…#labordepartment (Source: Reuters: Health)
Source: Reuters: Health - November 6, 2023 Category: Consumer Health News Source Type: news
Euro zone economy started Q4 on back foot, stoking recession fears -PMI
FILE PHOTO: People walk on a shopping street in the southern German town of Konstanz LONDON (Reuters) - The downturn in euro zone business activity accelerated last month as demand in the dominant services industry weakened further, a survey showed on Monday, suggesting there is a growing chance…#konstanzlondon #pmi #hcob #cyrusdelarubia #europeancentralbank (Source: Reuters: Health)
Source: Reuters: Health - November 6, 2023 Category: Consumer Health News Source Type: news
Mitsubishi Heavy reaffirms upbeat outlook, shrugs off global woes
TOKYO -- Mitsubishi Heavy Industries on Monday reaffirmed its forecast for a 55% rise in operating profit for the year ending March, despite signs of a global economic slowdown, as the Japanese gas turbine maker continues to enjoy robust demand from utilities in the U.S. and Asia. The Japanese…#tokyo (Source: Reuters: Health)
Source: Reuters: Health - November 6, 2023 Category: Consumer Health News Source Type: news
China ’s Shoppers Are Skimping. The Pain Cuts Deep for Consumer Stocks
China’s economic recovery largely rests on whether the country’s consumers have recovered from the scars created by strict Covid restrictions, increased intervention in the private sector and a property slump. Recent quarterly results from global consumer giants doesn’t instill much confidence… (Source: Reuters: Health)
Source: Reuters: Health - November 3, 2023 Category: Consumer Health News Source Type: news
Exclusive-US amusement park operators Cedar Fair, Six Flags in merger talks-sources
U.S. amusement park operator Cedar Fair LP is exploring a potential merger with peer Six Flags Entertainment Corp, people familiar with the matter said on Wednesday. A tie-up between the two companies would come as concerns about a U.S. economic slowdown and consumers curbing their discretionary…#cedarfairlp #cedarfair #sixflags #cedarfairs #ontario #mexico (Source: Reuters: Health)
Source: Reuters: Health - November 1, 2023 Category: Consumer Health News Source Type: news
Midwest loses thousands of jobs as southern states boom
A slowdown in hiring in manufacturing and leisure and hospitality hurt the Midwest as the region lost thousands of jobs in October, according to data from the ADP Research Institute in collaboration with Stanford Digital Economy Lab, even as employers added workers in other parts of the country.…#midwest #adpresearchinstitute #eastnorthcentral #indiana #illinois #michigan #ohio #wisconsin #rustbelt #nelarichardson (Source: Reuters: Health)
Source: Reuters: Health - November 1, 2023 Category: Consumer Health News Source Type: news
