tldrdaily.news logo
Tag

Economy And Finance

All articles tagged with #economy and finance

economy-and-finance2 years ago

"2024 Economic Forecast: Key Drivers and Surprises Shaping the Global Market"

Manulife strategists predict that the peak growth of the current economic cycle is behind us, with central banks continuing their fight against inflation and a shift towards supply-driven economies. They anticipate that economic growth will be more challenging in 2024, with the US potentially outperforming other major economies due to its strong labor market and consumer health. The battle against inflation is expected to be tough, with central banks possibly easing policies before inflation targets are met. A shift from globalization to onshoring and nearshoring is predicted, alongside increased economic decoupling and government spending. Investors are warned to be cautious about jumping too early into the next economic cycle, as challenges still lie ahead.

via Markets Insider|
#central-banks#economic-outlook#economy-and-finance
economy-and-finance2 years ago

"10-Year Treasury Yields Surge as Strong Jobs Data Dampen Rate Cut Expectations"

The yield on the 10-year U.S. Treasury note surged above 4% following a December jobs report that exceeded expectations, indicating a robust labor market. This could influence the Federal Reserve's decision on interest rate cuts, with some Wall Street expectations for a cut being pushed back. The strong jobs data, with 216,000 positions added in December, suggests the Fed may maintain its current policy longer than some investors anticipated.

via CNBC|
#economy-and-finance#federal-reserve#interest-rates
economy-and-finance2 years ago

"Uncertain Path Ahead as Fed Signals Persistent High Rates with No Clear Timeline for Cuts"

Federal Reserve officials indicated in December that interest rate cuts are likely by the end of 2024, with the path highly uncertain and dependent on economic conditions. The Federal Open Market Committee (FOMC) maintained rates between 5.25% and 5.5% and projected three quarter-point cuts by 2024's end. Despite improvements in inflation and supply chain issues, there is an "unusually elevated degree of uncertainty" about future policy, with the possibility of maintaining or even raising rates if inflation persists. The Fed also discussed reducing its bond holdings, with plans to wind down the process when appropriate. Markets, however, are anticipating more aggressive rate cuts than the Fed officials projected.

via CNBC|
#economy-and-finance#federal-reserve#fomc-minutes
economy-and-finance2 years ago

"2024 Economic Forecast: Key Trends to Monitor"

As we head into 2024, key economic trends to watch include a cooling labor market with job openings decreasing, inflation rates nearing target levels, the possibility of the Federal Reserve cutting interest rates, improving consumer sentiment, and a potential "Goldilocks" scenario for economic growth. Corporate profit margins remain high, and interest expenses for companies are stable despite rising rates. Analysts expect S&P 500 earnings to grow, and stock market trends suggest a potential continuation of the bull market, with historical patterns indicating positive returns in election years and following market rebounds. However, uncertainty remains a constant factor, with the potential for unforeseen events to impact the economy and markets.

via AOL|
##corporateearnings#economictrends
economy-and-finance2 years ago

"2024 Economic Outlook: Trends, Optimism, and Predictions Amidst Uncertainty"

As we head into 2024, key economic trends to watch include a cooling labor market with job openings nearing pre-pandemic levels, inflation rates stabilizing near the Federal Reserve's target, and the possibility of the Fed cutting interest rates. Consumer sentiment is on the rise, potentially signaling continued economic growth and a "Goldilocks" scenario. Corporate profit margins remain high, and while interest expenses have not significantly increased, the impact of new borrowing is worth monitoring. Analysts predict a rise in S&P 500 earnings, and stock market trends suggest a potential continuation of the bull market, influenced by historical patterns and election year dynamics. However, Wall Street strategists may revise their targets based on market performance, and as always, unforeseen events could impact economic outcomes.

via Yahoo Finance|
##corporateearnings#economictrends
economy-and-finance2 years ago

"Expert Insights: Navigating the 2024 Housing Market and Mortgage Rates"

Logan Mohtashami predicts a similar range for the 10-year yield in 2024 as in 2023, with mortgage rates potentially dropping to sub-5% if economic conditions weaken. Home prices are expected to see low single-digit growth unless mortgage rates stay low and new listings don't increase, which could drive prices higher. Existing home sales need lower rates for growth, while new home sales could benefit from builders' ability to offer lower rates. The economic outlook remains cautiously optimistic, with no immediate recession concerns unless jobless claims rise significantly. Mohtashami emphasizes the importance of tracking weekly housing market data to stay informed of rapid changes.

via HousingWire|
##economicforecast#economy-and-finance
economy-and-finance2 years ago

"Forecasting the Fed: Interest Rate Cuts and the 2024 Economic Outlook"

UBS chief US economist Jonathan Pingle predicts that the Federal Reserve will cut interest rates below 3% by December 2023, starting with a quarter-point cut in March. This forecast is based on the expectation of a mild recession in 2024, driven by a pullback in consumer spending. Pingle's projection of more than 225 basis points in cuts is significantly deeper than current market expectations and the Fed's own projections. The anticipated easing cycle is in response to a slowing economy and aims to prevent severe economic downturns, with a "soggy 2024" expected due to reduced consumer support.

via Yahoo Finance|
##economicforecast#economy-and-finance