Tag: Economic recovery

The ISM Services index surprised analysts by rising to 56.0 in October, exceeding the expected pullback to 53.8. This marks the highest level since July 2022. The employment sub-index also saw a significant increase...

Italian ECB Governing Council member Fabio Panetta recently spoke about the importance of easing monetary conditions in the Eurozone due to concerns about economic weakness and declining inflation. He emphasized the need to address...

Asian equities are showing signs of resilience as they continue to rebound despite global market turbulence. The focus is now shifting towards key data releases in Japan, Australia, and China, which could potentially impact...

Consumer sentiment surveys have recently revealed that despite the economy's strength, many individuals are not feeling that same level of strength in their personal financial situations. The Conference Board’s Consumer Confidence Index and the...

Thomas Barkin, the Richmond Fed President, recently shared some valuable insights on the current hiring and firing trends in companies. According to him, there seems to be a notable shift in the labor market...

Japan's 225 stock index, also known as the JP 225 index, took a significant hit recently, dropping by a staggering 21% to reach a 10-month low of 30,361. This sharp decline was attributed to...

Chicago Federal Reserve President Austan Goolsbee recently addressed concerns about the deteriorating economy during an interview at Jackson Hole on August 8, 2023. Goolsbee emphasized that the central bank would closely monitor any signs...

The swing-state economies are showing optimal performance, but some believe they could have done even better if the Biden-Harris administration had been more strategic in their approach. While strong economic fundamentals are important, they...

Capital markets in New York are feeling the positive effects of recent news, bringing a sense of relief to Wall Street. The response in 2022 to spiked interest rates was immediate, with stocks taking...