JPMorgan Flips the Recession Switch: U.S. Economy Keeps Disco Grooving, Economists Change Tune JPMorgan’s economic maestros have pulled a dazzling move on us all – they’re no longer predicting a gloomy U.S. recession this year. The economy’s...
The US Labor Market: Flexing Muscles and Firing Up the Economic Engine! Well, looks like the US job market is strutting its stuff like a confident catwalk model! Economists are estimating a cool 200,000 new jobs in July, just like the previous month. It’s like...
Stocks Soar as Inflation Takes a Chill Pill U.S. stocks are joyfully dancing their way up the charts following the release of May’s inflation news, which turned out to be better than expected. At 11:00 ET (15:00 GMT), the Dow Jones Industrial Average proudly...
Futures slip, central bankers, Nvidia hit by China curbs – what’s moving markets In the unpredictable world of finance, where fortunes can soar and plummet like a caffeinated squirrel, futures decided to play a game of limbo and slipped lower, defying the...
Morgan Stanley Reworks Fed Forecast, Capitalizing on Powell’s Testimony In a strategic move, Morgan Stanley’s Chief US economists have recalibrated their Fed forecast, seizing upon Chair Powell’s recent remarks during congressional testimony. The...
PacWest sells $3.5 billion loan portfolio to asset management firm Ares PacWest Bancorp, on a mission to turbocharge its liquidity, announced on Monday that it’s parting ways with a whopping $3.54 billion lender finance loan portfolio, shipping it off to Ares...
