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That puts the stock market in a precarious position. Expectations regarding rate cuts could change based on an important economic data point that will be published on Wednesday, Nov. 27.
A lot is going on next week. The U.S. Presidential Election is on Nov. 5 and the Federal Reserve kicks off its November meeting a day later, which will end on Nov. 7 potentially with another ...
Many on Wall Street have clamored that the market rally is set to broaden in 2024. ... This is The Takeaway from today's Morning ... Fundstrat head of research Tom Lee wrote on Friday that his ...
Here's what else happened today: The Fed won't cut rates at all in 2025 , Deutsche Bank says. The area of the stock market investors should avoid next year , according to Wells Fargo.
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
Enter consulting giant Bain & Company and a big, new forecast: “The market for AI-related hardware and software is expected to grow between 40% and 55% annually, reaching between $780 billion ...
After the historic drop and surge of 2020, US growth has remained robust except for the first couple of quarters in 2022. And the recent revision to Q2 2022 GDP, which flipped it to positive from ...
Consumer prices rose at the slowest pace since April 2021 as inflation showed further signs of cooling in May, according to the latest data from the Bureau of Labor Statistics released Tuesday ...