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'Negative GDP Growth Is More Likely Than Not' In Q1, Economist Warns
Thursday, March 27, 2025 - 1:25pm | 714Wall Street received some positive data Thursday morning after the Bureau of Economic Analysis upwardly revised U.S. gross domestic product growth for the fourth quarter of 2024. But, experts are concerned about upcoming GDP estimates as the effects of new trade policies are felt. The Data: The...
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Fed's Favorite Inflation Gauge Set To Drop To Lowest Level In Over 3 Years: Is July Rate Cut Possible?
Thursday, July 25, 2024 - 11:56am | 640Investors are eagerly awaiting Friday’s announcement of the Personal Consumption Expenditure (PCE) price index, known as the Fed’s preferred inflation measure, as it could reinforce expectations of Fed rate cuts and provide relief to risky assets after this week’s sharp declines....
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Markets 'Should Breathe A Sigh Of Relief,' Economist Says: New GDP Report 'Is Very Impressive'
Thursday, July 25, 2024 - 11:17am | 734The U.S. economy is much stronger than people realize, Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, said on Thursday. To the extent that markets were worried about a growth slowdown, Zaccarelli added, they “should breathe a sigh of relief” after this...
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GDP Q2 Preview: 5 ETFs To Monitor Thursday As Economic Data Unfolds
Wednesday, July 24, 2024 - 1:31pm | 597Investors are eagerly awaiting this Thursday’s release of advance estimates for the second quarter’s gross domestic product (GDP) by the Bureau of Economic Analysis at 8:30 a.m. ET. In the first quarter of 2024, the U.S. economy grew at an annualized rate of 1.4%, a significant slowdown...
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The US Economy On A Tightrope With Continuing Bank Crisis, Company Bankruptcies: More Economic Updates Coming Next Week From Government
Friday, April 28, 2023 - 4:05pm | 578The S&P 500 logged a weekly gain following the release of encouraging inflation data and a weaker-than-expected first-quarter economic growth report. On Friday, the Bureau of Economic Analysis reported the personal consumption expenditures price index increased by 4.2% year-over-year in the...
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March PCE Price Index Preview: Here's Why Fed's Favorite Inflation Gauge Is A Key Market-Moving Event Before FOMC
Thursday, April 27, 2023 - 12:04pm | 782Market participants are eagerly awaiting for the March personal consumption expenditure (PCE) price index report from the Bureau of Economic Analysis on Friday (April 28), before the market opens. With the next FOMC meeting in less than a week, what is regarded as the Fed's preferred...
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Consumer Confidence Defies Recession Fears: Key Data Point Reveals Steady Spending
Tuesday, April 25, 2023 - 3:46pm | 447A slowdown in consumption in March appears to have unwound in April, according to the latest weekly payment card transactions data from the Bureau of Economic Analysis (BEA), indicating consumers are shrugging off the chance of a recession. What Happened: Card spending advanced by 15.5% for the...
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S&P 500 Trades Lower With Possible Recession On The Horizon, China's Economy Grows
Friday, April 21, 2023 - 3:58pm | 564The S&P 500 traded lower on the week as the latest round of earnings reports suggest a recession could be on the horizon. On Monday, China reported its economy grew 4.5% in the first quarter, exceeding economist estimates of 4% GDP growth. China finally lifted most of its COVID-19 economic and...
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The Fed's Favorite Price Measure Is Coming Friday, And It's Likely To Influence Next Move In Inflation Chess Match
Thursday, March 30, 2023 - 12:41pm | 514The SPDR S&P 500 (ARCA:SPY) has been trending higher over the last week on the heels of the Federal Reserve's 0.25% rate hike, which very well could be its last in its current chess match with inflation. The central bank's preferred inflation measure will be released ...
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US GDP Slows In Q4, Market Heats Up As Jobless Claims Tick Higher
Thursday, March 30, 2023 - 9:12am | 615The SPDR S&P 500 (ARCA:SPY) is moving higher Thursday morning after GDP came in below estimates and jobless claims topped forecasts. What To Know: Gross domestic product, or GDP, increased 2.6% in the fourth quarter, according to a third estimate from ...
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Critical US Jobs Report Coming On Friday: What Investors Should Expect
Monday, March 6, 2023 - 2:04pm | 601The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.7% on Monday ahead of a critical monthly U.S. jobs report expected out on Friday. Economists are expecting the U.S. Labor Department to report the economy added 200,000 jobs in February, down from 517,000 jobs added in January....
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The Fed's Preferred Inflation Measure Is Due Friday: Why It Could Send Shockwaves Across Markets
Thursday, February 23, 2023 - 12:30pm | 696The SPDR S&P 500 (NYSE: SPY) has been trending lower this week as new data continues to suggest that a more hawkish Federal Reserve could be preparing to swoop in and stifle markets. The central bank's preferred inflation measure will drop Friday in what could be a...
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Q4 GDP Rises 2.9% In What Should 'Reignite' Soft Landing Talks: 2 Experts Agree On The Fed's Next Move
Thursday, January 26, 2023 - 1:12pm | 674The U.S. economy grew more than economists had predicted in the fourth quarter, a welcome sign for bullish investors. Two experts were in agreement on how the Federal Reserve will respond to Thursday's print. What Happened: U.S. gross domestic product (GDP) ...
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Q4 GDP Estimate Tops Economist Forecasts In Positive Sign For US Economy: What It Means For The Federal Reserve
Thursday, January 26, 2023 - 9:37am | 706The U.S. economy grew by an estimated 2.9% from October to December, marking the second straight quarter of economic growth, a positive sign for broader markets. What To Know: Gross domestic product, or GDP, increased 2.9% in the fourth quarter, according to...
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Can The Economy Weather Inflation, A Winter Storm, Elon Musk?
Friday, December 23, 2022 - 4:58pm | 629The S&P 500 traded lower for the third consecutive week on concerns inflation may be more stubborn than anticipated. On Friday, the Bureau of Economic Analysis reported the personal consumption expenditures price index increased by 5.5% year-over-year in the month of November, down from 6.1% in...