Wall Street Fears a Too-Hot Economy as Recession Bets Plunge
As the odds of a recession collapse on Wall Street, markets are back to being vulnerable to any sign that the US economy is running too hot.
As the odds of a recession collapse on Wall Street, markets are back to being vulnerable to any sign that the US economy is running too hot.
One of Wall Street’s biggest stock-market pessimists dialed back his bearish forecast for the S&P 500 Index.
ADP reported that 177,000 new workers were added last month, and on Friday the BLS reported 187,000 new hires.
The labor market is showing enough cracks to embolden some of the world’s largest bond investors to bet that the tightening cycle is finally ending.
Beyoncé, Taylor Swift, and Barbenheimer boosted summer spending, but the effect won't last.
On this Labor Day weekend I salute you all out there working mad hard to make sense of the US economy and then assessing what it could mean to stocks.
Federal Reserve may very well be done hiking rates for now, but US stocks still face a pullback from the risk of a hard economic landing.