Some of the shine from the wave of quarterly earnings was dimmed somewhat by guidance that suggested economic headwinds were on the horizon that could hurt the consumer and weigh on loan demand.
JPMorgan said a “mild recession” was its base case and warned that it was beginning to see a slowdown in its auto lending business at a time when the bank’s home lending business has also come under pressure., however, pointed to a much healthier economic outlook, hitting a 12-month high. But that was driven by a fall in energy prices, which some believe may prove temporary.
“The narrative has swung too much in the favor of lower commodity prices going forward,” Will Rhind, CEO and Founder of GraniteShares told Investing.com’s Yasin Ebrahim in an interview Thursday. “But that [energy] is still a sector of the market where they are big concerns and problems with supply.” “Don’t look for the price of energy, oil, or gas to be on a linear move down from here…I think that there’s still a lot of potential for a surprise to the upside, especially with the ongoing war in Ukraine,” Rhind added.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »
7 value stocks to buy now, investing strategy: Top 1% fund managerA top fund manager who's beaten 99% of competitors over the past 5 years shares the investing strategy that led to his success — and 7 of his favorite value stocks right now 一位顶级基金经理在过去5年中击败了99%的竞争对手，他分享了导致他成功的投资策略，以及他目前最喜爱的7只价值股
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »