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Recession Forecasts Have Been Wrong for Years. Here's Why a 'Perfect Indicator' Doesn't Exist.
Pound Sterling Gains Against US Dollar With US Core PCE Inflation in Traders' Radar
"Black Monday" has passed, but the fundamental factors have not changed, and next time we won't be so lucky!
A group of economists at the BIS carefully studied the reasons for the sharp drop in the US stock market on August 5th. They warned that investors may not be so lucky next time, and it is almost certain that the next turmoil will come sooner or later.
50 basis points to start an interest rate cut cycle? The Federal Reserve has never done this before.
Deutsche Bank believes that if the labor market remains stable, the Federal Reserve may choose to gradually reduce interest rates by 25 basis points, and will not reduce interest rates sharply all at once.
When the dollar weakens, the global market may benefit from the emerging trend.
In the past two months, the USD has fallen by about 5% against major currencies, and the USD index has dropped to a 13-month low, indicating that its post-pandemic surge has significantly weakened.
Nasdaq Tumbles Over 1% As Super Micro And Other Chip Stocks Decline: Fear & Greed Index Remains In 'Neutral' Zone
