economic growth

JPMorgan Chase & Co. (NYSE:JPM) is predicting that the S&P 500 will reach unprecedented levels, even amidst the current market instability. What Happened: In its mid-year outlook, JPMorgan has advised investors to brace for a period of volatility and irregular trading conditions, largely...

A recent survey conducted by The Wall Street Journal reveals that economists have drastically reduced growth estimates and raised inflation and unemployment projections since President Donald Trump assumed office, largely due to his trade policies. What Happened: The outlet reported on Saturday...

The latest surveys by S&P Global reveal an American economy firing on all cylinders in June, with robust activity and cooling inflation creating a goldilocks environment, giving the Fed more leeway to cut interest rates. S&P Global Purchasing Managers’ Indices (PMIs) For June: Key...

The new year hasn’t brought any respite from the mounting debt burden of the U.S., and the Treasury’s debt tracker shows that the national debt surpassed $34 trillion for the first time ever last week. What Happened: The national debt, currently at $34 trillion, crossed...

The resilient market looks set to open the week’s last trading session on a modestly positive note. Stocks have been mostly higher this week following the release of a tame consumer price inflation report on Tuesday, although the upward move hasn’t been very convincing. On Friday,...

The American economy has been able to stand firm against recessionary fears, displaying remarkable resilience this year, but the latest industry trends reveal some clouds in the sky. The preliminary August Purchasing Managers’ Index (PMI) estimates, a crucial barometer of economic vitality,...

The recent summer selloff in U.S. Treasury debt is being hailed as a golden opportunity for bond investors, providing the most attractive buying window in years, reports The Wall Street Journal. The Federal Reserve’s tightening policy, coupled with a resilient economy, has...

Despite the recent market rally, economists are skeptical about investors’ optimistic bets that the global economy is set for a soft landing and interest rates are close to their peak, Financial Times reports. Market Optimism Amid Declining Inflation: “In all the major regions we have...

The US dollar maintained a steady position as investors eagerly awaited the nonfarm payrolls report and assessed the implications of prolonged Federal Reserve interest rates on the economic growth outlook, Reuters reports. Anticipation for Nonfarm Payrolls Report Investors are keenly awaiting the...

The core purpose of the stock market is to allocate capital to good companies. Of course, we use it for our own benefit, whether it be retirement planning or speculative day trading. There are a lot of individuals who don’t want to make any stock investing decisions, and instead just want an...

It’s been one of those days. Stocks took it on the chin as the U.S. bond market flashed a signal for a potential recession, adding to investor worries stemming from disappointing economic data from China and Germany. But these were just symptoms of a larger problem, as they all suggest global...

Canada's gross domestic product (GDP) increased by 0.2 percent in May, fueled by a recovery in manufacturing, Statistics Canada reported on July 31. Auto manufacturing jumped by 5.7 percent as production levels returned to normal. Increases of 5.4 percent in rail and 1.2 percent in trucking led to...

The Bank of Canada is expected to keep the target rate unchanged in March meeting. The sharp deceleration in the fourth-quarter Canadian GDP is set to change the outlook for monetary policy overweighing the oil price increase. Cautiousness is likely to prevail in the communication of the policy...

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon explained on Wednesday during the Business Roundtable summit three "really bad facts" that need to be fixed to spur economic growth. Many Men Ineligible For Army Service Approximately 70 percent of all young men are ineligible for...