The State Of The American Consumer In A Single Quote
Every once in a while, we’ll get a single anecdote that succinctly reflects a much bigger story in the economy. Customers are focusing on essentials.
Every once in a while, we’ll get a single anecdote that succinctly reflects a much bigger story in the economy. Customers are focusing on essentials.
The U.S. economy is doing just fine and markets now accept a quarter-point rate cut from the Federal Reserve next month will be enough.
“There are enough similarities that the 1995 cycle could serve as potential roadmap for corporate earnings and equity prices in upcoming quarters.”
Economist Nouriel Roubini has been such a doomsayer for so long but he sounded uncharacteristically bullish amid Wall Street's recent panic.
Ed Yardeni, president of Yardeni Research and a seasoned Wall Street expert, anticipates just one rate cut from the Federal Reserve this year.
JPMorgan Chase CEO Jamie Dimon has a plan to reduce America's $35 trillion national debt—but it may not be welcomed by the country's wealthiest.
A milder inflation reading released Wednesday removes one of the last hurdles the Federal Reserve needed to clear before cutting rates in September.