by Bloomberg.com | Feb 7, 2024 | alerts, Markets/Economy
Europe reluctance to take hard line on China looms as irritant Tariff hikes, countermeasures on Europe digital taxes in play Donald Trump is targeting the European Union for a potential slew of punitive trade measures designed to address long-standing grievances...
by Liberty Street Economics | Feb 6, 2024 | alerts, Markets/Economy
The New York Fed’s Center for Microeconomic Data released the Quarterly Report on Household Debt and Credit for the fourth quarter of 2023 this morning. Household debt balances grew by $212 billion over the last quarter. Although there was growth across most loan...
by Lance Roberts | Feb 6, 2024 | alerts, Markets/Economy, Real Investment Advice
In September 2021, I discussed how the markets had set its sights on the S&P 500 index hitting 5000. To wit. “Yes, the rally off the COVID-19 bottom in March 2020 has been extraordinary, but we think there are further gains ahead. Solid economic and corporate...
by NationalReview.com | Feb 6, 2024 | alerts, Markets/Economy
The Fed isn’t going to cut rates in May. Wages are growing and productivity is growing, too. But it may not be able to cut rates anytime soon. Here’s why: A record $8.9 trillion of government debt will mature over the next year, see the first chart below. The...
by CNBC.com | Feb 6, 2024 | alerts, Markets/Economy
China is in the middle of a secular stagnation, says Clocktower Group’s Marko Papic style="width: 100%; margin: auto; display: block;" class="vidyard-player-embed" src="https://play.vidyard.com/8G26DdWraGATyoWJLVDNj8.jpg" data-uuid="8G26DdWraGATyoWJLVDNj8" data-v="4"...
by Bloomberg.com | Feb 5, 2024 | alerts, Markets/Economy
CSI 1000 Index sinks 6.2% while CSI 300 ekes out a gain Investors expect policy support to be focused on large stocks China’s smallest stocks are flashing a warning about the potential downside for the world’s second-largest equity market if Beijing fails to follow...