by Investing.com | Feb 29, 2024 | alerts, Markets/Economy
The Chicago Purchasing Managers’ Index (PMI) determines the economic health of the manufacturing sector in Chicago region. A reading above 50 indicates expansion of the manufacturing sector; a reading below indicates contraction. The Chicago PMI can be of some...
by Investing.com | Dec 7, 2023 | alerts, Markets/Economy
Alphabet (NASDAQ:GOOGL) stock is up more than 3% in early New York trading on Thursday following the release of Gemini, described as Google’s “largest and most capable AI model” to date. Analysts have responded positively to this long-anticipated AI...
by Investing.com | Oct 4, 2023 | alerts, Markets/Economy
Based on some comments, it appears we scared a few people with A Crisis Is Coming. Our article warns, “A financial crisis will likely follow the Fed’s “higher for longer” interest rate campaign.” We follow the article with more on financial crises to help calm any...
by Investing.com | Jul 9, 2023 | alerts, Markets/Economy
Michael Smolyansky, a senior Fed economist, claims corporate profit growth will slow appreciably. His case rests on corporate tax rates and interest rates. Access to his white paper, The coming long-run slowdown in corporate profit growth and stock returns, can be...
by Investing.com | Apr 11, 2023 | alerts, Markets/Economy
S&P 500 is likely to shift its direction in the coming days and likely correct 10% in the coming 3 to 6 months, Wells Fargo equity analysts told clients in today’s note. S&P 500 Futures are trading modestly higher in pre-market Tuesday and “within...
