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

The Fed’s aggressive stance to tame inflation and recessionary concerns have weighed heavily on investor sentiments. Amid such market volatilities, quality stocks such as Taiwan Semiconductor (TSM), Halliburton (HAL), and Overseas Shipholding Group (OSG), which have maintained solid momentum, could be wise portfolio additions now. Read on….

The Dow Jones fell amid new inflation data. Tesla stock dived even as Elon Musk lashed out over a recall. Microsoft stock lagged.

“While history doesn’t repeat, it often rhymes,” Marko Kolanovic warned.

While inflation has been cooling, the jobs market remains tight. This could prompt the Fed to raise the benchmark rates more than many projected, leading to a recession this year. Amid this backdrop, investors could look to stabilize their portfolios by adding cash-rich dividend stocks Pfizer (PFE), BHP Group (BHP),…

The higher-than-expected January CPI data and robust jobs market indicate that the Fed’s fight against inflation might take longer than expected, potentially triggering the much-feared recession. Amid the current macroeconomic backdrop, it could be wise to invest in quality ETFs Vanguard Developed Markets (VEA), iShares Russell 2000 (IWM), and VanEck…

Call it the Goldilocks consumer

Wholesale prices in the United States surged 6% in January from a year earlier, decelerating for a seventh straight month

Consumers showing resiliency in the face of rising inflation have helped the U.S. GDP to come in better than expected in the last quarter. Moreover, hopes of the economy avoiding a deep recession this year are rising. The Nasdaq Composite began this year on a positive note. Hence, fundamentally strong…

NEW YORK - Wall Street stocks shrugged off early weakness and pushed higher Wednesday as they followed European bourses upward after strong US economic data.

Australia's unemployment numbers show a rise in January, sending stocks higher, while ANZ now expects the cash rate to peak at 4.1pc by May. Here's how the trading day unfolded.

Monthly inflation inched up in January. Moreover, the Fed could be forced to raise the benchmark rate higher than forecasted. Amid this backdrop, it could be wise for investors to buy fundamentally strong stocks Coca-Cola (KO), Bristol-Myers Squibb (BMY), Cardinal Health (CAH), and Bluegreen Vacations Holding (BVH), currently trading under…