Three Words Loom Over the US Economy: 'Hard Data Confirm'
The economic story of the summer has been about resilient growth in the US.
The economic story of the summer has been about resilient growth in the US.
A short-lived rally in Chinese stocks after Beijing’s latest attempt to shore up growth is underscoring the depth of investor pessimism.
Adrian Day, president of Adrian Day Asset Management, expressed his belief that the U.S. economy is still on track to weaken by the end of the year.
TD Securities strategist warns that the relentless jump in borrowing costs threatens to create fresh problems for the banking sector.
The overachiever of the year is the American consumer. But don't expect heroics.
Far from the recession forecasts of earlier this year, U.S. economic growth may actually be accelerating in the second half of 2023.
US economic story of the year was hammered home again on with the July retail sales report showing consumer spending remains surprisingly resilient.