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

The final datapoint to lock in the market’s expectation for the Federal Reserve’s next interest rate move comes on Tuesday in the week ahead.

Asian stock markets have followed Wall Street lower ahead of an update on United States employment amid worries about possible further interest rate hikes

A month ago, the government dropped a bombshell jobs report that showed that America’s employers added a sizzling half-million-plus positions in January — twice the December gain and far more than economists had expected

Powell's testimony to keep the interest rates higher if required has created chaos in the markets, with the U.S. jobs report looming large for the future of monetary policy. Given the volatile market backdrop, fundamentally sound dividend-paying stocks AbbVie (ABBV), Cisco Systems (CSCO), Westlake Chemical Partners (WLKP), and Spok Holdings…

Siegel says workers’ wage growth has been “way behind” historical norms and inflation is already fading, which means the Fed’s rate hikes are a mistake.

The Fed’s commitment to tame the sticky inflation is feared to trigger an economic slowdown in the near term. Amid such concerns, investors’ anxiety has been rising. Against this backdrop, quality stocks Novo Nordisk (NVO), Altria Group (MO), and Cardinal Health (CAH) might be owned by every trader at least…

Rising consumer spending amid high prices and a strong job market is expected to keep the stock market volatile for quite some time. Against this backdrop, quality ETFs Vanguard S&P 500 ETF (VOO) and SPDR S&P MIDCAP 400 ETF Trust (MDY) might be wise additions for March 2023. Read on….

Should BlackRock’s prediction prove true, borrowing costs would hit their highest level since 2001.

As Fed Chairman Jerome Powell cautions against higher-than-expected interest rates to curb inflation, markets fear this could tip the economy into a recession. Historically, value stocks have outperformed growth stocks in a high-interest-rate environment. Therefore, it could be wise for investors to buy fundamentally strong stocks ARC Document Solutions (ARC),…

With the Fed extremely likely to raise the benchmark interest rates higher than envisaged by policymakers, the economy and the stock market are expected to remain under pressure. Amid the uncertainty, it could be wise to invest in high-quality stocks Visa (V), Novo Nordisk A/S (NVO), and Autodesk (ADSK) for…

Asian stock markets are mixed after Wall Street steadied following a plunge on worries about more U.S. interest rate hikes