P&G CEO After Earnings Beat: 'The Consumer is Resilient'
P&G CEO Jon Moeller sees robust business conditions despite economic slowdown. Asked about price increases, Moeller said: "The consumer is resilient."
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'There’s Good News Hidden’ in the Current Market Turmoil
Stocks ended volatile week lower S&P 500 declining 1.6%. The index set closing low of 3,577.03 on Wednesday and intraday low of 3,491.58 on Thursday.
Torched Stocks Are About the Only Thing Working in Fed’s Favor
Inflation shows few signs of cooling in the economy. Same cannot be said of markets, which are starting to seem like only thing Fed has going for it.
BofA Sees More Pain In Store for Stocks After ‘Bear Hug’ Rally
Stock markets and the US economy will have to experience more pain before the Federal Reserve pivots away from its aggressive policy tightening.
IMF Chief Economist: 'Worst is Yet to Come' for Global Economy
IMF downgraded outlook of global economy in 2023 based on effects of Ukraine war, global inflation requiring interest rate hikes, slowdown in China.
Goldman Sachs Says Too Early to Price In a Fed Policy Pivot
Goldman Sachs Group Inc. analysts say “too early” to price in a dovish turn in Federal Reserve policy as the economic outlook isn’t bad enough yet.
Wall Street Is Missing the Risk to Stocks If Inflation Is Beaten
The conventional wisdom with stock bulls is that prices will take off when the Federal Reserve wins its fight against inflation.
