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Tag: Economy


Finance Tech, Trading

Trade tensions are just one of the three biggest challenges for the global economy, IMF says

April 20, 2018

Via: CNBC

While the “sun is still shining” on the global economy, clouds could be looming over the horizon, warned Tao Zhang, a deputy managing director for the International Monetary Fund. Speaking with CNBC’s Joumanna Bercetche on Thursday, Zhang said there are […]


Finance Tech, Financial Services, Industries, Trading

Tax cuts were supposed to juice the economy, but banks aren’t seeing it

April 16, 2018

Via: Market Watch

Is the tax revamp signed into law in December helping banks? One quarter in, earnings results show that it’s complicated. On Friday, JPMorgan Chase JPM, -2.71% said its quarterly profit jumped by more than one-third to an all-time high, helped […]


Finance Tech, Trading

Global markets mostly lower in muted Easter trading

April 2, 2018

Via: ABC News

Global markets mostly fell in muted trading Monday, as markets in Hong Kong, Australia and Europe were closed for Easter. KEEPING SCORE: Trading in France, Germany and Britain was closed for Easter and was to resume Tuesday. U.S. shares were […]


News

US personal income rose 0.4% in Feb, matching expectations

March 29, 2018

Via: CNBC

U.S. consumer spending rose marginally for a second straight month in February as households boosted savings, the latest indication the economy lost momentum in the first quarter. The Commerce Department said on Thursday that consumer spending, which accounts for more […]


Finance Tech, News, Trading

Trump’s chief metric for who is winning the trade war is moving in the wrong direction

March 28, 2018

Via: Business Insider

For most economists, a large US trade deficit is the natural and sustainable product of a very large consumer-driven economy that imports a lot of its goods. To Donald Trump and his economic team, the deficit is a scourge punishing […]


News

It’s time to test the early warning system for the economy and stocks

March 21, 2018

Via: CNBC

“This is a test. This is only a test. If this had been an actual emergency, you would have been instructed to tune to one of the broadcast stations in your area.” When I was kid, the Emergency Broadcasting System […]


News

Rising interest rates will be devastating to the US economy for one big reason

March 6, 2018

Via: CNBC

Rising interest rates will soon have a devastating effect on our economy, mostly because of a single factor that hardly anyone is talking about. The 10-year Treasury yield is about to cross 3 percent, a rate not seen since January […]


Finance Tech, Trading

Bull market turning 9 years old this week not near an end yet, despite some recent bumps

March 5, 2018

Via: CNBC

In the five weeks since stocks broke sharply lower, the market conversation has been dominated by short-term, tactical matters: Will the recent index lows hold? Will they be “re-tested” soon? When might the 10-year Treasury yield hit 3 percent? Yet […]


News

A hidden risk is lurking under the surface of the economy – and income inequality is to blame

February 23, 2018

Via: Business Insider

Amid all of the US market’s recent turbulence, one running narrative has remained largely unchanged: The economy is still in great shape, despite whatever else is going on. UBS disagrees. It argues that beneath the seemingly stable veneer of the […]


News

Trump’s economic vision ignores immigrants, but it will need their labor

February 22, 2018

Via: CNBC

In a new White House economic report, President Donald Trump’s advisers cite the importance of an expanding labor force to raising growth and incomes. So the Economic Report of the President suggests an array of policies to add workers, including […]