The advent of the New Year brings a brief pause in stock market activity due to holiday closures. Yet, there's scant respite from the New Year's festivities for stock market participants, as they must remain vigilant of economic indicators to determine if the interest rate hiking cycle concludes as anticipated.
The robustness of the US employment sector is pivotal in assessing whether a 'Goldilocks' economy will persist into 2024, placing the Dec...

With quarterly reporting season just under way, the term "AI" has been used nearly twice as frequently in the conference calls of S&P 500 companies as it was in the previous quarter, a Reuters analysis showed.
Both companies said AI is already juicing sales but neither said when or if they will start breaking out any sales, costs or profits from the technology.
The JPMorgan team led by Dubravko Lakos-Bujas does...

As voters cast their ballots in the midterm elections, which are anticipated to terminate Democrats' dominance of the legislative branch and usher in a period of gridlock, Morgan Stanley and JPMorgan Chase & Co. are taking optimistic positions on stocks.
Divided governments are more likely to maintain the status quo, which lessens uncertainty, because they find it difficult to agree on new legislation. This could result in lower b...