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

The Federal Reserve's key inflation rate slid below 4% as price pressures keep easing. The S&P 500 slipped as the 10-year Treasury yield bounced off its lows.

Mike Wilson fears that investors have become overly optimistic after so many 'erroneous' recession predictions, and more stock market pain is coming.

Some recent economic data points have revived recession fears, sending equities sharply lower this September. Here are 3 recession-proof stocks that conservative investors can consider now.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. Stocks this morning are modestly higher. Stocks are wavering...

The Innovator IBD 50 ETF outperformed with a 1.2% afternoon increase.

The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged

SEC Postpones Bitcoin ETF Ruling, Dollar Index Hits 10-Month High

If you look at what’s increased most in price over the past year, such as petrol, there is little that higher interest rates would change

David Rosenberg said the current situation with the economy is like trying to cancel winter just because it didn’t snow in December. “It hasn’t materialized, dot dot dot, yet.”

The dollar index (DXY00 ) on Wednesday rose by +0.36% and posted a 9-3/4 month high. The dollar found support from Wednesday’s stronger-than-expected U.S. Aug capital goods new orders report, which helped push the 10-year T-note yield to a 16-year high and strengthened the dollar’s interest rate differentials. Also, a...

The Fed's key inflation rate likely cooled further last month. That may stem the rise in the 10-year Treasury yield and lift the S&P 500.