by Yahoo.com | Mar 2, 2024 | alerts, Markets/Economy
The market buzz around generative AI comes with heightened scrutiny, as Google (GOOG, GOOGL) was painfully reminded for the second time. The search giant said this week that it plans to relaunch its Gemini AI image generator after some users on social media showed how...
by Bloomberg.com | Mar 2, 2024 | alerts, Markets/Economy
Inflation remains elevated in the US and euro-zone, supporting assertions from central bankers in both regions that it’s too soon to start cutting interest rates. The Federal Reserve’s preferred gauge of underlying inflation rose in January by the most in a year,...
by Lance Roberts | Mar 1, 2024 | alerts, Markets/Economy, Real Investment Advice
After over two years, retail investors, also known as the “dumb money,” are almost back to breakeven. A recent chart by Vanda Research shows that the average retail “dumb money” investor portfolio still sports a drawdown despite the markets making new all-time highs....
by John Mauldin | Mar 1, 2024 | alerts, Markets/Economy, Mauldin Economics
Today, we have a different kind of letter. I’ve been in California for some rather innovative and hopefully life/health span-extending medical treatment. I’m fine, but it has been a bit tiring. So this week, I’m handing the keyboard to you, my intrepid and smart...
by Bloomberg.com | Mar 1, 2024 | alerts, Markets/Economy
University of Michigan preliminary and final readings diverged Consumers still think inflation is cooling, survey says US consumer sentiment faltered in late February as current views of the economy and the outlook deteriorated, marking a reversal from earlier in the...
by Bloomberg.com | Mar 1, 2024 | alerts, Markets/Economy
ISM factory index declined 1.3 points in February to 47.8 New orders, production and employment measures decreased A measure of US factory activity shrank at a faster pace in February as orders, production and employment contracted, suggesting manufacturing is...
