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Tag: US Economy

US New-Home Sales Inch Up Amid Revised Figures for Prior Months

Sales of new homes in the United States saw a slight increase…

Fed Chairman Powell Calls for Fiscal Responsibility Amid Rising National Debt

As the United States' national debt approaches $34.2 trillion, prominent figures in…

Chinese Stock Rally Accelerates Amid Growing Policy Support: Market Update

The rally in Chinese shares gained momentum as authorities escalated support measures,…

Record January: US Corporate Bond Sales Surge to $188 Billion

Blue-chip firms in the US have broken records with $188.57 billion in…

Morgan Stanley and JPMorgan Recommend Buying the Dip in Treasuries Amid Recent Rout

Following the recent significant sell-off in five-year US notes, major Wall Street…

US Fourth-Quarter GDP Indicates Resilient Economy Despite Moderation; Global Central Banks Await Key Decisions

The anticipated moderation of US economic growth in the fourth quarter, following…

Growing Stock-Bond Correlation Sparks Concerns on Wall Street Amid Inflation Worries

As the equity market rebounds, there is a growing concern on Wall…

Piper Sandler Analyst Reverses Bearish Stance, Foresees S&P 500 Nearing 5,000 by End of 2024

In a surprising reversal, Piper Sandler & Co.’s Michael Kantrowitz, known for…

Goldman Anticipates Potential Upside in S&P 500 Earnings Forecast for 2024

Strategists at Goldman Sachs Group Inc. have expressed optimism that US corporate…

UBS Forecasts 2024 Recession for the US, Anticipates Aggressive Fed Rate Cuts

UBS, a prominent European bank, is predicting a recession for the US…