As corporate leaders increase their grim pronouncements about the future, there are still market economists who see stocks heading higher in the second half of this year and who say the US could sidestep a recession. Like all good statisticians, they have numbers to prove this.
“An easing up of supply chains implies less inflationary pressures as factories can get goods out the door quicker,” Dutta said. At the same time, consumer behaviour is changing, with goods consumption slipping 1.3% as services consumption gains 1.2%. Less demand and improved production “ought to result in a drop in prices,” he added. China’s Recovery JPMorgan Chase & Co’s Marko Kolanovic said the past year’s deep selloff in Chinese equities could finally be on the cusp of a turnaround.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Market data — June 7 2022Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE surrenders Monday’s gainsAustralia’s surprisingly big rate hike catches investors by surprise with looming US jobs data and Fed meeting adding to the cautious mood
Source: BDliveSA - 🏆 12. / 63 Read more »
Why savers are ditching the money marketSA investors are usually wary of risk, but many are dumping the safety of money market funds and turning to local equities. But does SA’s poor economic growth justify this approach? I suspect a lot of people are seeing a wave of localisation. This could drive local growth if only because supply chains have proven to be fragile.
Source: FinancialMail - 🏆 20. / 63 Read more »
GDP exceeds market projections, growing nearly 2% in first quarterThe manufacturing sector and trade industry were the biggest contributors to GDP growth
Source: BDliveSA - 🏆 12. / 63 Read more »
Why savers are ditching the money marketSA investors are usually wary of risk, but many are dumping the safety of money market funds and turning to local equities. But does SA’s poor economic growth justify this approach? Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo.
Source: FinancialMail - 🏆 20. / 63 Read more »
WATCH: Market ReportBusiness Day TV talks to Robert Towell from Sasfin Securities
Source: BDliveSA - 🏆 12. / 63 Read more »