Europe Fears ‘Honeymoon Is Over’ As Biden Continues Trump’s ‘Protectionist’ Trade Policies
EU worried as Biden continues Trump's protectionist trade policies. Concerns about US commitment to rules-based system and potential conflict.
AI, Biotech, Energy Sectors Expect M&A Revival For 2024
The AI market, along with energy and biotech, are ripe for M&A following the worst performance in almost a decade for deal-making in 2023.
US Stocks Set For Mixed Open As Traders Await Tech Earnings Deluge, Central Bank Meeting: Analyst Says Fed Will Talk Tough For While Longer
With inflation data indicating a sustained downtrend and economic growth remaining resilient, the market looks ahead to build on its recent strength.
Top Asset Manager Predicts Economic Slowdown, Weaker Performance For ‘Magnificent Seven’ In 2024: ‘This Dynamic Generally Does Not End Well’
Amundi, with $2 trillion under management, anticipates a less robust economic growth in the upcoming year, which could result in a weaker performance from the leading mega-cap stocks.
Paul Krugman Counters Nikki Haley’s ‘Economy In Shambles’ Comment: ‘2023 Was A Miraculous Year’
The economy's resilience is underlined by recent data, but opinions are divided over the health of the economy.
Billionaire Investor Gundlach Foresees Recession, Recommends Cash Over Overvalued Stocks: ‘Skip This Last Phase Of The Exuberance Game’
Billionaire investor Jeffrey Gundlach sounded a note of caution, saying despite the "exuberance" in equity markets, a recession seems to be "inevitable."
Boeing 737 Max 9 Fiasco Will ‘Hurt The Entire’ US Economy, Aviation Expert Warns: ‘I Think Is Totally Incompetent’
The recent Boeing Co 737 Max 9 fiasco could have a significant impact on the entire U.S. economy, according to aviation expert Mike Boyd.
Stock Market Hits Record Highs, Tesla Tumbles, Netflix Soars: This Week In The Markets
Record highs for U.S. stock market indices fueled by AI investments and Fed rate cut hopes. Netflix soars, Tesla struggles, and Microsoft hits $3 trillion.
Stocks Ease Despite Benign Inflation Data, Bitcoin Stages Comeback: What’s Driving Markets Friday?
Stocks mixed in New York, with investors assessing mild inflation report and strong personal spending figures. Short-term Treasury yields rise, tech stocks lag, and Bitcoin surges 4.9%. Intel stock falls 12% despite positive earnings, while semiconductors sell off.
‘Cuts Are Coming’: 7 Economists On December Inflation Data, What It Means For The Fed, Markets
PCE inflation held at 2.6% in Dec, below forecast. Core inflation at 2.9%, suggests potential rate cuts.