Strategists at two of Wall Street’s biggest firms are downplaying the risks posed by a looming earnings recession for corporate America, saying weakness among megacaps is masking broad-based profit growth.
For all the palpitations that the trade war between the U.S. and China will knock out their economies, it is Europe that increasingly looks like the biggest threat to global growth.
Oil prices have struggled to rally above $64 a barrel since last quarter's sharp pullback, but Goldman Sachs believes crude futures could break out in the coming months.
National debt for the first time passed $22 trillion this week — a big, scary number that really doesn't pose much of a threat now but threatens to in the future.
by Chris Combs The below attached article titled "Latest Warning Sign for Markets: A Possible Earnings Recession" needs further explanation. If earnings projections are being revised down by analysts, why has the stock market continued to recover? The downward revision in full year 2019 S&P 500 EPS is mostly the result of a decline in
U.S. employers posted the most open jobs in December in the nearly two decades that records have been kept, evidence that the job market is strong despite several challenges facing the economy.
The two best performers among the Group of Seven economies in the third quarter almost certainly took separate paths in the fourth, as Britain suffered a Brexit reality check, while the United States sailed on despite the trade war it has sparked.