America ’s astonishing economic growth goes up another gear
T bunny, a pink mechanical hare that keeps banging its drum owing to long-lasting batteries, will celebrate its 35th anniversary this October. As if to mark the momentous occasion, the American economy is doing its best imitation of the advertising icon. Despite umpteen predictions of a slowdown,…#federalreserves #atlanta #andrewhunter #capitaleconomics #atlantafeds #andrewhollenhorst #citigroup #treasury #billdudley #jacksonhole (Source: Reuters: Health)
Source: Reuters: Health - August 23, 2023 Category: Consumer Health News Source Type: news
These 8 charts suggest US stocks still have more upside ahead, despite recent slump
Stocks to buy before earnings. Caspar Benson/Getty Images US stocks still have further room to run, according to a Wednesday note from GlobalData TS Lombard. The firm upgraded its outlook for US stocks and said any economic recession would be mild. These are the eight charts that suggest the bull…#globaldatatslombard #tslombard #treasury #tga #eps (Source: Reuters: Health)
Source: Reuters: Health - August 23, 2023 Category: Consumer Health News Source Type: news
UK on recession alert amid slump in private sector activity
Britain’s policymakers have been put on recession alert after a closely watched measure of economic health showed the UK gripped by a Europe-wide slump in private sector activity. In a sign that higher interest rates are now leading to a rapid slowdown in growth as well as choking off inflation,…#pmi #sp #chriswilliamson #hcb #cyrusdelarubia (Source: Reuters: Health)
Source: Reuters: Health - August 23, 2023 Category: Consumer Health News Source Type: news
Housing Market Crash Alert: Home Sales Slump in July
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Is the U.S. economy heading toward another housing market crash? Here's what investors need to know as home sales fall. The post Housing Market Crash Alert: Home Sales Slump in July appeared first on InvestorPlace. More From…#mintnewmillionaires (Source: Reuters: Health)
Source: Reuters: Health - August 22, 2023 Category: Consumer Health News Source Type: news
Popeyes is coming back to China in a big way
Fried chicken fans in China are about to get another option. The new operator of Popeyes in the country shrugged off an economic slowdown to announce a major expansion on Monday, with plans to open 1,700 stores nationwide over the next decade. At least 10 of the new outlets will launch in Shanghai…#popeyes #shanghai #timschina #timhortons #yongchenlu #postcovid #neworleans #pomelomilkshake #western #subway (Source: Reuters: Health)
Source: Reuters: Health - August 22, 2023 Category: Consumer Health News Source Type: news
Canadian banks ’ profits seen pressured by slower deal making, mortgage growth
Canada’s big bank results are expected to bring to light a number of challenges as lenders set aside more funds for bad loans in a tough economy that has also led to a slowdown in deal making and forced borrowers to rethink about new mortgages. The big six banks, which control a majority of the…#kbw #mikerizvanovic #royalbankofcanadaryt #tdbank #bankofmontrealbmot #bankofnovascotia #nationalbank #bankofcanada #baystreet #royalbankofcanada (Source: Reuters: Health)
Source: Reuters: Health - August 22, 2023 Category: Consumer Health News Source Type: news
China won ’t overtake US as world’s biggest economy anytime soon
China’s slowing economy is spooking economists worldwide, with investors unsure exactly how much a downturn will ripple through the global economy. Experts are also revising predictions over when China is projected to overtake the U.S. as the world’s biggest economy. The concerns are largely… (Source: Reuters: Health)
Source: Reuters: Health - August 21, 2023 Category: Consumer Health News Source Type: news
China's fiscal revenue slows as economy struggles
FILE PHOTO: How much worse can China's economic slowdown get? BEIJING (Reuters) -China's fiscal revenue rose 11.5% in the first seven months of 2023 from the same period a year earlier, but was slower than the 13.3% rise posted for the first six months, official data showed, amid signs the economy…#beijing (Source: Reuters: Health)
Source: Reuters: Health - August 21, 2023 Category: Consumer Health News Source Type: news
China cuts key interest rate amid economic slowdown
China’s central bank has cut one of its key lending rates but left another unchanged, surprising economists who had expected more forceful action to support economic growth amid widespread concerns over its path. The world’s second-largest economy is in the midst of a slowdown, and has slipped…#postcovid #evergrandegroup #peoplesbankofchina #julianevanspritchard #zichunhuang #capitaleconomics #countrygarden #georgemagnus #oxforduniversitys #chinacentre (Source: Reuters: Health)
Source: Reuters: Health - August 21, 2023 Category: Consumer Health News Source Type: news
The Four Big Structural Forces Holding Back China's Economy
The Chinese economy is in a slump. Industrial production is down. Retail sales are down. The property industry continues to struggle. The People's Bank of China just did a surprise rate cut. So what's driving the decline and what can the government do about it? On this episode of the podcast we…#peoplebankofchina #zongyuanzoeliu (Source: Reuters: Health)
Source: Reuters: Health - August 21, 2023 Category: Consumer Health News Source Type: news
UK Networks & Prime Video Donate More To Film & TV Charity Following 800% Rise In Applications For Financial Help
Major UK broadcasters and Prime Video have pledged extra donations to the UK’s Film & TV Charity following an astonishing 800% rise in grant applications from workers struggling with the economic downturn. The charity has also added an additional £500,000 ($636,000) to its budget as the BBC,…#primevideo #filmtvcharity #channel4 #channel5 #marcusryder #bbcnews #alexpumfrey #edinburghtvfestival #ryder #lookingglass (Source: Reuters: Health)
Source: Reuters: Health - August 21, 2023 Category: Consumer Health News Source Type: news
Why stock investors are suddenly so scared
Many investors are running a sizable profit this year – the S&P 500 is about 14% higher in 2023. But market losses have been piling up over the past month, particularly on growing fears of contagion from an economic slowdown in China. Inflation, Russia’s war in Ukraine and weakness in America’s…#ukraine #dow #youth #beijing #alexetra #apple #intel #ford #starbucks #sbux (Source: Reuters: Health)
Source: Reuters: Health - August 19, 2023 Category: Consumer Health News Source Type: news
Legendary investor Jeremy Grantham warns a recession is coming and the Fed ’s rosy forecast is ‘almost guaranteed to be wrong’
Despite nearly two years of recession predictions by Wall Street’s top minds, billionaire investors, and former Federal Reserve officials, the U.S. has yet to suffer an economic downturn. And with a strong labor market and inflation fading in the face of aggressive interest rate hikes, some…#federalreserve #jeromepowell #jeremygrantham #grantham #vanotterlooco #gmo #davidrosenberg #rosenbergresearch #rosenberg #fortunecom (Source: Reuters: Health)
Source: Reuters: Health - August 19, 2023 Category: Consumer Health News Source Type: news
3 Stocks to Buy Amid the August Market Pullback and Hold
The August downturn has been spurred by a mixture of profit-taking and a recalibration of the inflation outlook. The Fed’s July minutes, coupled with strong retail sales data and more showcase how sturdy the U.S. economy is at the moment. This means that Jay Powell and his peers will likely have…#jaypowell #ustreasury #rsi #cintascorporation #ctas #cintas #zacks #eps #lulu #nike (Source: Reuters: Health)
Source: Reuters: Health - August 19, 2023 Category: Consumer Health News Source Type: news
Opening Bell: 7.27.23
US economy picks up steam despite expectations of slowdown [AFP via Yahoo!]GDP growth in the world's biggest economy hit an annual rate of 2.4 percent for the April-June period, said the Commerce Department, despite analyst predictions of a cooldown from two percent growth in the first three…#commercedepartment #federalreserves #taiwan #carlsbad #siliconmotion #nand #google #elonmusks #twitterblue #esthercrawford (Source: Reuters: Health)
Source: Reuters: Health - August 18, 2023 Category: Consumer Health News Source Type: news
