The Latest Breaking News on Economic Optimism Soars as Americans Embrace Promising Outlook for 2024

Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.

He thinks that the U.S. money supply and government-led infrastructure spending will keep the economy robust.

RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.

The dollar index (DXY00 ) on Friday rose by +0.56%. The dollar Friday rose moderately on stronger-than-expected U.S. economic reports. Also, signs of strong foreign demand for dollars are bullish for the greenback after the Federal Reserve facility that gives foreign central banks access to dollar funding was tapped for...

The Federal Reserve this week increased interest rates for the ninth time since last year and shows no indication of rate cuts this year despite lingering recession fears. As the macroeconomic backdrop remains uncertain, investors could consider buying fundamentally strong, dividend-paying stocks Walmart (WMT), Elevance Health (ELV), and Canon (CAJ)…

Streaming stocks faced a rough year in 2022 as subscriber growth slowed amid concerns about high inflation and macro uncertainties. Therefore, it could be wise to avoid fundamentally weak streaming stocks Warner Bros. (WBD), Paramount Global (PARA), and World Wrestling (WWE), given their weak fundamentals. Read more….

As investors continue to digest the news of the recent bank collapses and the Federal Reserve’s quarter-percentage-point rate hike, the stock market outlook seems bumpy for some time. With speculations of an economic slowdown, investing in prominent large-cap stocks Johnson & Johnson (JNJ), Visa (V), and Merck & Co. (MRK)…

The Fed’s hawkish stance, coupled with the recent banking-system tumult, will likely keep the stock market under some pressure. Given this backdrop, it would be wise if quality penny stocks Nokia Oyj (NOK), Rimini Street (RMNI), Rave Restaurant Group (RAVE), and Data Storage Corporation (DTST) could be added to your…

The recent financial-sector turmoil, the Fed’s hawkish tilt, and growing recession worries paint a gloomy picture for the stock market. Despite the headwinds, investors shouldn’t shy away from buying top-notch growth stocks Salesforce (CRM), AGCO (AGCO), and Cars.com (CARS), with solid fundamentals and the ability to deliver market-beating returns this…

Amid the banking turmoil and the Fed’s latest quarter-point rate hike, the odds of a recession are back on the rise. Hence, it could be wise to invest in no-brainer stocks Taiwan Semiconductor Manufacturing (TSM), Novo Nordisk (NVO), and Merck & Co. (MRK) now. Read more….

Investors are not buying the idea the Fed won't cut — not even a little bit.