The 'Trade Downs' Suggest Consumers are Under More Pressure Than it Seems
On this Labor Day weekend I salute you all out there working mad hard to make sense of the US economy and then assessing what it could mean to stocks.
Recent
US Stocks Still Face Hard Landing Risks, Bank of America Says
Federal Reserve may very well be done hiking rates for now, but US stocks still face a pullback from the risk of a hard economic landing.
Three Words Loom Over the US Economy: 'Hard Data Confirm'
The economic story of the summer has been about resilient growth in the US.
China Stimulus Rally Lasts Just 10 Minutes, Showing Trader Gloom
A short-lived rally in Chinese stocks after Beijing’s latest attempt to shore up growth is underscoring the depth of investor pessimism.
The U.S. Economy Still On Track to Weaken by Year-End, Says Market Strategist
Adrian Day, president of Adrian Day Asset Management, expressed his belief that the U.S. economy is still on track to weaken by the end of the year.
Two-Year Treasury Yields at 5% Is ‘Pain Trade’ for Banks, TD Says
TD Securities strategist warns that the relentless jump in borrowing costs threatens to create fresh problems for the banking sector.
This Week in Bidenomics: One Last Splurge?
The overachiever of the year is the American consumer. But don't expect heroics.
