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Don’t fear the PCE. The recent market dip leaves stocks more likely to rally in coming days
Market Watch· 2 hours agoThe good news, according to Fundstrat head of research Tom Lee, is that the stock market’s latest...
Fed not likely to begin cutting rates in July, says Atlanta President Bostic
Investing.com via Yahoo Finance· 7 hours ago“I'm keeping my eyes on the short-run trajectory, and if we can continue to see that trajectory move forward, I think we will be in a good place,” Bostic told Fox Business when asked if the ...
Krugman: Irrational fear of inflation shouldn’t drive Fed choices | HeraldNet.com
Everett Herald· 3 hours agoConsumers gave a number of reasons for reduced optimism, but every news article I saw about it attributed their pessimism to a jump in expected inflation, both over the next year and over the ...
Thursday was a sour day for the US economy — with an important silver lining
CNN Business via Yahoo Finance· 12 hours agoUS economic data released Thursday was broadly disappointing. America’s economy expanded at a weaker...
AI Is Out, Fed Rate Fears Are in. Why Stocks Face a Reckoning and 5 Other Things to Know Today.
Barrons.com· 3 days agoThe AI revolution is still going strong but its ability to prop up the market is dwindling. A big...
Wall Street tests the market fallout of a Trump-Biden rematch
Bloomberg via Yahoo Finance· 3 hours agoWells Fargo strategists also see “rising 2024 US election uncertainties” and a possible slowdown in...
Stock Market News for May 29, 2024
Zacks via Yahoo Finance· 2 days agoExpectations of more than one rate cut is a distant possibility now. Economic Data The Conference Reported that the consumer confidence index for May...
‘How can you tell me it won’t lead to stagflation?’ Jamie Dimon says ‘extraordinary’ government...
Fortune via Yahoo Finance· 2 days ago"I look at the amount of fiscal and monetary stimulus that has taken place over the last five...
Oil prices steady ahead of key US inflation data, OPEC+ meeting
Investing.com via Yahoo Finance· 7 hours agoWhile travel is set to increase in the next two months, it could grow less than expected amid demand headwinds from sticky inflation, high interest rates and cooling economic
Analysis: Inflation seems to finally be coming down again. Americans aren’t buying it | CNN Business
CNN.com· 40 minutes agoTarget slashed prices on more than 1,500 items, ranging from laundry detergent to cat food to...