Sep 20, 2024 | Markets
Stock, bond valuations above start of 14 past easing cycles Asset bets on soft landing seen vulnerable to negative news For Wall Street traders whose taste for speculation only seems to get bolder by the week, Jerome Powell’s half-point rate cut was a moment of...
Sep 20, 2024 | Markets
Strategist maintains contrarian call, says S&P could drop 13% Peak in growth, value trends ‘presage’ bear market, he warns Bulls are charging around in stock-market forecasts, but to Stifel, Nicolaus & Co.’s Barry Bannister, this rally looks like a 1990s...
Sep 20, 2024 | Markets
Youth unemployment rate climbs for two months in a row Figure is more than three times the overall jobless rate China’s youth unemployment rate rose for the second straight month to its highest level this year as the labor market faces a challenging outlook due to a...
Sep 18, 2024 | Markets
They’ve raised allocations to listed companies, private equity Private equity, listed stocks make up half of their portfolios Citigroup Inc.’s family office clients are reducing their cash holdings to make investments in riskier asset classes, reflecting their...
Sep 17, 2024 | Markets
Value of purchases rose 0.1% in August; estimate 0.2% drop Control-group sales increased for a fourth straight month US retail sales unexpectedly rose in August, supported by online purchases that masked more mixed results at other merchants. The value of retail...
