BofA’s Moynihan Says Consumers Remain Resilient Amid Inflation
US consumers are still in a position of strength despite persistent inflation and other economic headwinds - BofA CEO Brian Moynihan said.
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Inflation Could Ease Faster Than Fed Believes, Reducing Need for Rate Hikes, Easing Recession Risk
Consumer price increases have pulled back sharply but Fed Chair Powell says further declines to Fed’s 2% annual target may prove a tougher slog.
Marketmind: Powell Confesses 'This Time It's Different'
Jerome Powell calmed the horses, a bit. Essentially another couple of Fed rate hikes were probably needed to get across inflation fully.
Stocks Are Poised to Hit New Lows This Year, Survey of Investors Shows
Investors have little confidence in US stocks even after this month’s surge, fearing weak corporate earnings could drag them back down.
Why It's Such a Bizarre Moment for Investors Rights Now: Morning Brief
The markets are off to a rocking start this year, making this a bizarre time to be an investor.
JPMorgan’s Kolanovic Says Stock Rally to Clash With Slowdown
Economy is headed for a downturn at a time stocks are rallying, setting the stage for a selloff, according to JPMorgan Chase & Co.’s Marko Kolanovic.
Peter Schiff: Inflation Will be Higher by Year's End; US Debt Tops Economic Hurdles
U.S. in danger of breaking through its debt ceiling. Wall Street traders are preparing for another year of market volatility in 2023.
