July 18, 2023
“Morgan Stanley analysts forecast that over the next five years, the country could account for 15% of Apple’s revenue growth — in contrast to 2% in the past five years and $6 billion today — and 20% of the company’s… Continue Reading…
July 10, 2023
“…“My purpose is to make sure we don’t engage in a series of unintended escalatory actions that will be harmful to our economic relationship with one another,” Yellen said in an interview that aired Saturday on CBS News’ “Face the Nation.”…” https://www.cnbc.com/2023/07/10/yellens-latest-trip-helps-set-a-new-normal-for-us-china-ties.html… Continue Reading…
July 7, 2023
“ … Dwindling savings, weak wage gains, and the return of student loan payments mean people have plenty of reason to tighten their belts for the second half of the year — and experts say that could ultimately curb gains in the stock market.… Continue Reading…
July 7, 2023
“Hiring slowed but remained sturdy in June as U.S. employers added 209,000 jobs despite inflation, high interest rates and nagging recession fears. Still, that’s the weakest showing since employers shed jobs in December 2020. The unemployment rate fell from 3.7% to 3.6%, the Labor Department… Continue Reading…
July 6, 2023
“…US stocks could crash 25% from their current levels with the Federal Reserve’s aggressive interest-rate hikes set to plunge the economy into a recession before year-end, according to FS Investments’ chief market strategist… “From our perspective, there’s probably only 3%… Continue Reading…
July 6, 2023
“Indian shares closed higher on Thursday, in contrast to weakness in Asian and European equities, bucking concerns around an escalating Sino-U.S. trade conflict and rising odds of further policy tightening by the U.S. Federal Reserve. The Nifty 50 index settled… Continue Reading…
July 5, 2023
“JP Morgan Chase has said there is a risk that the Bank of England will have to push interest rates as high as 7pc and trigger a “hard landing” in the economy to quell inflation….” https://finance.yahoo.com/news/bank-england-considers-clampdown-foreign-063037616.html Guess what? If inflation… Continue Reading…
July 5, 2023
“A legendary investor whose expertise lies in major stock crashes says the market is heading towards a burst bubble, akin to the crises seen in 1929 and 2000… Grantham, estimated to be worth $1 billion himself, previously estimated an 85% likelihood… Continue Reading…
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