The Economy Looks Sunny, a Potential Gain for Biden
A run of strong economic data appears to have finally punctured consumers’ sour mood about the U.S. economy, blasting away recession fears and potentially aiding President Biden in his re-election campaign. Mr. Biden has struggled to sell voters on the positive signs in the economy under his… (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Former Trump advisor praises Joe Biden's economy:'I was wrong '
Former Trump economic advisor Larry Kudlow conceded that his prediction of a looming recession was wrong and admitted that the U.S. economy is doing much better than expected under President Joe Biden. "I was wrong about the slowdown and the recession. So was the entire forecasting fraternity,"…#larrykudlow #kudrow #foxbusinessnetwork #donaldtrump #bigleaguedreams #lasvegas #nevada #stjohnbaptistchurch #columbia #southcarolina (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Top strategist says a ‘surprise’ rate cut could be coming next month
Over the past few months, with inflation fading, Wall Street has begun a new guessing game. Instead of attempting to predict the next recession, it’s all about timing the Federal Reserve’s interest rate cuts. In December, most experts—and investors—believed Fed Chair Jerome Powell would begin…#federalreserves #jeromepowell #chairpowell #albertedwards #sociétégénérale #trump #sociétégénérales #donaldtrump #variantperception #robertfkennedyjr (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
‘Mea Culpa!’ Fox’s Larry Kudlow Admits He Was Wrong to Predict a Recession
Fox Business host and former Trump White House economic advisor, Larry Kudlow, offered an earnest “mea culpa” on Thursday for having predicted a looming recession – or even a slowdown. “Sandra Smith, so you’re writing, texting me early in the morning, and all kinds of bad news. You know, I was…#trumpwhitehouse #larrykudlow #sandrasmith #challengergray #federalreserve #kudlow #foxbusinessnetwork #slowdown #mediaite (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
Surprise! Why These 3 Stocks Will Continue to Outperform
These trillion-dollar growth stocks still have massive upside potential Rising above adversity, the U.S. economy has soared above expectations. Growing at a 3.1% annualized clip in Q4 2023, any signs of a recession or market slowdown are hard to find. Consumers are still spending, and if the…#federalreserve #metaplatforms #meta #facebookinstagram #whatsapp #amazon #amazonwebservices #aws #irobot #nvidia (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
Brace for a recession that may trigger a stock-market meltdown worse than 2022, says top economist David Rosenberg
• None There's a recession looming that threatens to hammer stocks, David Rosenberg says. • None The veteran economist said the potential sell-off makes 2022's decline look like an…#davidrosenberg #nonelabor #rosenbergresearch #linkedin #northamerican #merrilllynch #yolo #mainstreet #chipsact (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
Today's Logistics Report: UPS Cuts Jobs, Weighs Broker's Future; Carbon Emissions Go Out to Sea
Europe’s economy fell further behind the U.S. in the final three months of last year. (WSJ) Germany narrowly missed a recession in the final quarter of 2023. (WSJ) A lack of major supply disruptions has helped the oil market keep its cool. (WSJ) Boeing is withdrawing a request for a safety…#wsj #boeing #max #toyotamotor #byd #suezcanal #hapaglloyd #portofzeebrugge #belgium #guardian (Source: Reuters: Health)
Source: Reuters: Health - January 31, 2024 Category: Consumer Health News Source Type: news
Vanguard Is Bullish on Bonds, but Watch Out: It Sees a Recession Approaching Later This Year
(Source: Reuters: Health)
Source: Reuters: Health - January 31, 2024 Category: Consumer Health News Source Type: news
Euro zone economy narrowly skirts recession, stagnates in fourth quarter
Cargo trains stand on the railway tracks at a transshipment station in Frankfurt am Main, western Germany, as in background can be seen the city's skyline, on January 23, 2024. The euro zone economy stabilized in the fourth quarter of 2023, flash figures published by the European Union's…#frankfurt #spain #europeancommission #bertcolijn #ing #europeancentralbank (Source: Reuters: Health)
Source: Reuters: Health - January 30, 2024 Category: Consumer Health News Source Type: news
Euro-Area 4Q GDP Stagnates, Unexpectedly Escapes Recession
The euro zone avoided a first recession since the pandemic as gross domestic product stagnated in the fourth quarter with growth ... (Source: Reuters: Health)
Source: Reuters: Health - January 30, 2024 Category: Consumer Health News Source Type: news
Economists Said Recession. They Were Wrong
The recession America was expecting never showed up. Many economists spent early 2023 predicting a painful downturn, a view so widely held that some commentators started to treat it as a given. Inflation had spiked to the highest level in decades, and a range of forecasters thought that it would…#federalreserve (Source: Reuters: Health)
Source: Reuters: Health - January 29, 2024 Category: Consumer Health News Source Type: news
More disinflation, no recession, US king of the world
For most of the past two years the world has fretted that, in order to wrestle inflation down, the Fed would have to raise interest rates by enough to cause a recession. Not surprisingly to those in the know, they have achieved the former without the expense of the latter. For the past several…#chart #m2 #treasury #chart5 #vix #chart7 (Source: Reuters: Health)
Source: Reuters: Health - January 29, 2024 Category: Consumer Health News Source Type: news
White House hopes rise that a strong economy will sell itself
After a year of recession doomsaying, an unexpectedly resilient economy is boosting the White House as it ramps up selling its record to Americans who’ve just started shaking off their “vibecession.” At the same time, senior administration officials say they’re increasingly confident the situation…#extraordinary #laelbrainard #jaredbernstein #treasury #janetyellen #democrats #republicans #joshburg #glassenterprises #bensalem (Source: Reuters: Health)
Source: Reuters: Health - January 29, 2024 Category: Consumer Health News Source Type: news
Global recessionary risks comparatively less in 2024: Goldman Sachs CEO
RIYADH: The likelihood of a global recession in 2024 is lower than the previous year but inflationary risks remain high due to an unpredictable political landscape, said Goldman Sachs CEO. In a recent podcast, David Solomon emphasized that he believes they are entering 2024 in a more constructive…#goldmansachs #davidsolomon (Source: Reuters: Health)
Source: Reuters: Health - January 28, 2024 Category: Consumer Health News Source Type: news
Street Calls of the Week: Exxon Mobil receives rare upgrade
AI and recession concerns place pressure on tech companies. During 2023, tech companies laid off 262,592 employees, which is 69% more than in 2022. This year seems to be... (Source: Reuters: Health)
Source: Reuters: Health - January 28, 2024 Category: Consumer Health News Source Type: news
