by Bloomberg.com | Jan 5, 2024 | alerts, Markets/Economy
Steep drop in raw prices could indicate relief for consumers Fall in wholesale prices take time to feed through to retail Global food prices posted the biggest annual drop since 2015, amid signs that lower wholesale food prices are starting to feed through to...
by Bloomberg.com | Jan 4, 2024 | alerts, Markets/Economy
Consumer prices rose 3.8% from year ago in December; est. 3.9% Surge largely due to one-time energy aid payments in late 2022 German inflation quickened less than anticipated in December — reflecting a more muted boost from energy that may help keep wage demands at...
by Bloomberg.com | Jan 3, 2024 | alerts, Markets/Economy
ISM’s manufacturing index registered 47.4 in December Prices slid at faster rate while employment shrank less A measure of US factory activity remained stuck in contraction territory for a 14th month at the end of 2023, restrained by weaker orders. The Institute for...
by Bloomberg.com | Jan 2, 2024 | alerts, Markets/Economy
Nasdaq 100’s 1.7% first day drop is third-worst since 2001 ‘January rout in megacap tech is now consensus,’ BofA says Traders hoping that a pan-markets year-end rally would pick up where it left off got the opposite on 2024’s first trading day, a session that featured...
by Lance Roberts | Jan 2, 2024 | alerts, Markets/Economy, Real Investment Advice
With 2023 behind us, what does a stellar “Santa Claus” rally tell us about what to expect? What about this year being a Presidential election year? These questions make it an excellent time to review our “investor resolutions.” However, before we commit to our...
by Bloomberg.com | Dec 30, 2023 | alerts, Markets/Economy
Manufacturing PMI declined to 49 due to subdued demand The Chinese central bank could cut rates in early January: ANZ China’s factory activity shrank in December to the lowest level in six months, fueling expectations the government may have to act soon to add impetus...
