by Reuters.com | Mar 25, 2024 | alerts, Markets/Economy
SYDNEY, March 26 (Reuters) – Australian consumer sentiment eased from 20-month highs in March as worries about the economic outlook and family finances returned to darken the mood, a survey showed on Tuesday. The Westpac-Melbourne Institute index of consumer...
by Bloomberg.com | Mar 25, 2024 | alerts, Markets/Economy
Price fell to 9 cents before shares were halted Monday morning EV maker’s talks with automaker for investment were terminated The New York Stock Exchange announced Monday it was suspending trading of Fisker Inc. stock after the electric vehicle startup’s shares sank...
by Yahoo.com | Mar 25, 2024 | alerts, Markets/Economy
Wall Street has a new high water mark for the S&P 500 (^GSPC). Oppenheimer chief investment strategist John Stoltzfus now sees the benchmark index ending the year at 5,500, reflecting a roughly 5% increase from Friday’s close. The call comes after a surge in...
by Liberty Street Economics | Mar 25, 2024 | alerts, Markets/Economy
While the slump in China’s property sector has been steep, Chinese policymakers have responded to the falloff in property activity with policies designed to spur activity in the manufacturing sector. The apparent hope is that a pivot toward production-intensive growth...
by MSN.com | Mar 23, 2024 | alerts, Markets/Economy
The American dream of homeownership is becoming increasingly elusive in many parts of the country. As people flee expensive states in search of affordability and quality of life, they’re also unknowingly sowing the seeds for potential housing market instability. This...
by John Mauldin | Mar 22, 2024 | alerts, Markets/Economy, Mauldin Economics
If, like me, you’re old enough to remember the 1990s internet bubble, today’s AI excitement might be giving you flashbacks. The parallels are unmistakable. Back then, a new technology was grabbing public interest and investment dollars because it promised to...