Mark Tepper, CEO of strategic firm Wealth Partners, discusses the weakness of the US housing market and predicts a massive rise in unemployment by the end of 2023. An end may finally be in sight to a prolonged downturn in the US housing market, according to Goldman Sachs strategists. Wall Street bank analysts said in …
The Dow Jones Industrial Average briefly fell 200 points on Tuesday as fourth-quarter earnings season picked up with eight major earnings reporters, including Johnson & Johnson (JNJ) and Verizon connections (VZ). software giant Microsoft (MSFT) Post-market reports. X Besides J&J and Verizon, other companies that reported earnings before Tuesday’s opening are also included 15:00 (mmmm), …
Falling Futures: economic data due; 6 earnings reporters Read More »
Quick PMI: The UK experienced a sharp contraction in activity in January In contrast to the eurozone’s apparent recovery in business activity in January, purchasing managers’ index (PMI) readings from the UK on Tuesday showed that the economy contracted at its sharpest rate in two years. The UK’s composite S&P Purchasing Managers’ Index, which includes …
The Bank of Japan is under heavy pressure while defending the yield policy The yen rose to a 7-month high, and the yuan rose as the dollar weakened More profits to come, many central bank speakers The British FTSE Index set a record SYDNEY/LONDON (Reuters) – Stocks were boosted on Monday as optimism about corporate …
Stocks rise and the yen rises as the Bank of Japan grapples with falling bond prices Read More »
