The Fed’s latest economic projections hint at the potential for a bout of stagflation. Fed officials trimmed their expectations for growth and raised expectations for inflation in 2025. Uncertainty around the president’s new policies is high, Powell said at a press conference. The Fed’s interest rate decision didn’t turn any heads on Wall Street but…
Morgan Stanley’s CIO said bond yields had surpassed levels that support high stock valuations. Investors should focus on a select few sectors in the market, Mike Wilson says. The bank said it favored key sectors with strong earnings, like financials and media. The bond market is sending investors a clear signal about where to invest…
Bullishness is rising among fund managers surveyed by Bank of America. But an AAII survey suggests everyday investors are the most bearish since 2023. Big institutions are especially upbeat about international markets. Retail investors and fund managers are watching the same stock market, but they’re seeing two different things. The latest Bank of America survey…
Interest rates could be in the perfect range for markets right now, Morgan Stanley’s CIO said. The Fed left interest rates unchanged following its January policy meeting. Inflationary pressures could mean that future rate cuts aren’t coming for a while, forecasters say. The Federal Reserve’s decision to keep interest rates level after its policy meeting…
Bill Smead warns a stock market bubble is set to unwind. Rising 10-year Treasury yields will eventually put pressure on growth stocks, Smead argues. Smead’s view contrasts with Wall Street’s optimistic S&P 500 predictions for 2025. The ongoing optimism around the mega-cap AI stocks driving the S&P 500 doesn’t make sense to Bill Smead. The…
China’s leadership has called for institutional opening-up and efforts to build a “world-class” business environment this year as Beijing strives to rekindle confidence and growth, convince foreign firms to remain onshore and keep goods flowing as external shocks loom. The message was contained in a speech by President Xi Jinping that was released on Wednesday,…
BEIJING China’s Premier Li Qiang speaks during the opening ceremony of the China International Import Expo in Shanghai on Nov. 5, 2024. Chinese Premier Li Qiang said on Tuesday he was “fully confident” the country would hit its economic goals this year, lauding recent stimulus measures and suggesting there was still room for more. China‘s…
Global Materials for Electric Vehicle Charging Infrastructure Market Size To Worth USD 11025.2 Million By 2033 According to a research report published by Spherical Insights & Consulting, the Global Materials for Electric Vehicle Charging Infrastructure Market Size is Expected to Grow from USD 660.9 Million in 2023 to USD 11025.2 Million by 2033, Growing at a…
No one’s going to sound an alarm, blast out a text message, or shoot you an email about it, but the US economy is undergoing a historic shift. We are leaving one long period of expansion — what economists refer to as a “supercycle” — and entering a very different one. Over the past 15…
China’s National Day Golden Week holidays (1-7 Oct) generate the largest domestic tourism spending and trips amongst its major holidays which also include the Spring Festival (Jan/Feb) and Labour Day (May). Domestic tourism activities remained positive this year while there were also reports of stronger outbound and inbound travel during the period, UOB Group’s economist…