China’s potential growth below 6% over next five years: central bank adviser
China’s potential economic growth will be below 6% over the next five years, an adviser to China’s central bank said on Saturday.
U.S. Consumer Sentiment Hits Seven-Month High Amid Stocks Cheer
U.S. consumer sentiment rose to a seven-month high as record stock prices bolstered optimism and Americans' buying attitudes improved, adding to renewed economic cheer following a robust jobs report.
Goldman’s David Kostin on his 2020 stock market outlook
David Kostin, Goldman Sachs chief U.S. equity strategist, joins “Squawk on the Street,” to discuss the market’s big move lower after President Trump’s comments that he might strike a trade deal with China only after the US presidential election in November 2020.
The U.S. Economy Keeps Defying the Recession Odds
It’s impressive how well the U.S. economy has held up during the past year. As early as 2018, leading indicators were suggesting a heightened risk of recession in 2019 or 2020.
China Financial Warning Signs Are Flashing Almost Everywhere
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the nation’s policy makers to the test.
U.S. consumer spending increases steadily; inflation muted
U.S. consumer spending rose steadily in October, suggesting the economy will probably maintain its moderate pace of growth in the fourth quarter.
Tiny Tax Moves Can Save You Big on Medicare Premiums
Now is a good time for higher-earning Medicare recipients to check whether a small reduction in this year’s income could make a big difference in future premiums.
Goldman says political gridlock to propel stocks in 2020: ‘United we fall, divided we rise’
Goldman Sachs told clients on Monday that the longest bull market in modern U.S. history will continue in 2020 and mark its 11th anniversary in part thanks to an expected political stalemate in Washington.
US consumer sentiment comes in higher than expected for November
Consumer sentiment unexpectedly rose in November, according to data released Friday by the University of Michigan.
Goldman sees the economy surprising in 2020 and these stocks benefiting most from the rebound
Cyclical stocks, those typically tied to economic growth, have led the record-setting rally in the past three months.