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

“I think it created this narrative that the worst is behind us...the recession happened somehow magically last year,” JPMorgan's top strategist told CNBC Tuesday. “We don’t agree.”

Despite the headline inflation cooling down, the Fed will likely continue raising interest rates to meet its inflation target. Moreover, S&P 500 earnings are estimated to have declined in the last quarter. Amid the uncertainties, investors should consider buying fundamentally strong and stable stocks Daikin Industries (DKILY), Takeda (TAK), and…

Falling inflation has raised the market’s hopes for rate cuts this year, but that optimism may be built on shaky ground. The U.S. economy is losing momentum, as retail sales and industrial production reported their biggest declines in recent months. As the market will likely remain volatile in the near…

Odds of the Fed slowing down on its rate hike aggression have been rising amid cooling inflationary pressures. Moreover, experts now see chances of the economy avoiding a recession. Therefore, investors might consider buying quality penny stocks ARC Document (ARC) and Rave Restaurant (RAVE) in 2023. Keep reading.

Even though inflation is showing signs of cooling, bearish projections for the foreseeable future indicate that the economic turmoil is far from over. Therefore, it could be wise to invest in quality, dividend-paying ETFs JPMorgan Ultra-Short (JPST), Vanguard Health Care (VHT), and Schwab U.S. Large-Cap (SCHV) this month that ensure…

From a mild recession to a so-called hard landing, we sift through the wild array of recession predictions.

Investors are still feeling very optimistic as the Australian share market has risen to its highest level since April, while Elon Musk has taken the witness stand for a second day to defend against allegations that he misled Tesla investors.

The stock market closed higher, led by the tech-heavy Nasdaq as stocks such as Nvidia, Salesforce and Apple gained.

With easing inflation and indications of a slower pace of rate hikes, the economy is likely to avoid a recession. Given the improving economic condition, it could be wise to invest in fundamentally strong and quality stocks Cisco Systems (CSCO) and Carrier Global (CARR) for big profits this year. Continue…