Economy

Recent

Investors are relieved that results are holding up better than feared, according to Goldman Sachs Group Inc. strategists.

S&P 500 is on track for best month since November 2020 and Bloomberg Treasury Index could close July with biggest gains since the start of pandemic.

Retailers on life support may go the way of the dinosaur in early 2023 should the economic slowdown cause a lackluster holiday shopping season.

Bob Michele, a bond market veteran, predicts a 75% chance of a US recession over the next 18 months, but thinks it’s priced in.

Improving flow of products from around the world, goods flooded into the U.S. in first three months of this year at record $3.4 trillion annual pace.

Recession calls are growing by the day, but the stock market remains wary of fully pricing in this scenario for the economy.

Solomon noted inflation is a “hard thing to crack,” but he is confident the Fed’s efforts to raise rates will get the situation under control.