by Bloomberg.com | Dec 16, 2023 | alerts, Markets/Economy
A run-up in costs for a key ingredient squeezes the $48.8 billion confectionery sector just in time for the holidays. Bonbons and candy canes may dominate the American holiday aesthetic, but US confectionery companies are feeling anything but jolly as they head into...
by Bloomberg.com | Dec 15, 2023 | alerts, Markets/Economy
Anxiety about economy has been a drag on Biden’s campaign Brainard downplays risks of Fed’s last-mile push to 2% target Recent economic data have widened the runway for a so-called soft landing, with growing indications that inflation will continue to fall, White...
by Bloomberg.com | Dec 15, 2023 | alerts, Markets/Economy, Real Investment Advice
What is the “wealth effect,” and why is it important? It is a great question and reminded me of “A Funny Thing Happened on the Way to the Colosseum.“ The hysterical play by Craig Sodaro features a naive Swiss farmer heading for Rome. His dream is to become a stand-up...
by Bloomberg.com | Dec 14, 2023 | alerts, Markets/Economy
Analysts cut profit expectations for S&P discretionary sector ‘Revenue estimates are tumbling’ on demand doubts, BI says Analysts are growing increasingly doubtful that US consumer spending will hold up into next year, even as American shoppers continue to be...
by Bloomberg.com | Dec 8, 2023 | alerts, Markets/Economy
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