The risk of a crisis over the next 6 to 12 months is rising as high rates bite and the stock market's AI rally fades, JPMorgan's quant chief says

Doctor: Your Hair Will Grow Like Crazy Stock market today: World shares surge after Wall St gains on signs the US jobs market is cooling

Stocks were higher in Europe and Asia on Monday following a report that signaled the US jobs market, while still healthy, shows some signs of cooling, raising hopes for an easing of interest rate hikes. Germany's DAX advanced 0.7% to 15,949.69 and the CAC 40 in Paris picked up 0.8% to 7,354.96. In London, the FTSE 100 was up 0.8% at 7,522.38. The futures for the S&P 500 and the Dow Jones Industrial Average were up 0.2%. U.S. markets will be closed for the Labor Day holiday.

Calgary mortgage broker Max Singh says it's like running full tilt, but getting nowhere. A financial morass where you can't get break free."You're not moving forward with your financial picture," said Singh.Singh, who's been in the financial services sector for 20 years and a mortgage broker in Calgary for the past nine, says he's seeing more clients accept longer amortization periods to lower their borrowing costs.Thirty-year terms, even 35.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

JPMorgan Analyst Sounds Deflation Warning for Grocery StocksThe potential for lower food prices in Europe is reason to be cautious on the grocery sector, according to JPMorgan Chase & Co. analyst Borja Olcese.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »