Mixed Outlook for US Economy: Slower Growth and Positive Aspects
===============
#76cf07ec ver:1.3
Mixed outlook for US economy as weaker-than-expected Q1 growth data and drop in bond yields prompt speculation of interest rate cuts. Global stock markets decline, while S&P 500 and Nasdaq drop. Pending home sales slump and jobless benefits applications increase, but consensus earnings estimates for S&P 500 remain positive. Cash levels ample and markets price in 60% chance of Fed easing in September. Economic slowing doesn't significantly increase risk of recession in short term. #USeconomy #stockmarket #interestrates #housingmarket #joblessclaims...
#newstr #UsEconomy #StockMarket #Gdp #EconomicData #InterestRates #JoblessClaims #TreasuryYields #HomeSales #MortgageRates #FederalReserve
https://here.news/story/76cf07ec?ver=1.3
US Stocks Open Higher as Investors Await Key Inflation Data and Big Tech Earnings /
npub18l…f2u2v
2024-06-02 11:55:48
Author Public Key
npub18l6qrl3ptu3kjty9rggrfv28pptwpjnkta4mg98ehk88cgznhlmqkf2u2vPublished at
2024-06-02 11:55:48Event JSON
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"content": "Mixed Outlook for US Economy: Slower Growth and Positive Aspects\n===============\t\n#76cf07ec ver:1.3\n\nMixed outlook for US economy as weaker-than-expected Q1 growth data and drop in bond yields prompt speculation of interest rate cuts. Global stock markets decline, while S\u0026P 500 and Nasdaq drop. Pending home sales slump and jobless benefits applications increase, but consensus earnings estimates for S\u0026P 500 remain positive. Cash levels ample and markets price in 60% chance of Fed easing in September. Economic slowing doesn't significantly increase risk of recession in short term. #USeconomy #stockmarket #interestrates #housingmarket #joblessclaims...\n\n#newstr #UsEconomy #StockMarket #Gdp #EconomicData #InterestRates #JoblessClaims #TreasuryYields #HomeSales #MortgageRates #FederalReserve \n\n https://here.news/story/76cf07ec?ver=1.3",
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