Wall Street Ticks Up As Consumer Sentiment Improves; Gold Hits Record Highs, Boosting Mining Stocks: What's Driving Markets Friday?
Senior officials from the Federal Reserve are sounding the alarm for impending recession: warning signals for the economy and employment are flashing!
Next year, Piotr Gulczyński, the chairman of the Polish National Bank, stated that there is a risk of continuously rising unemployment rates. The Federal Reserve may need to cut interest rates before the job market weakens further, otherwise it may act too late and jeopardize the economy.
U.S. Consumer Sentiment Improves for First Time in Five Months as Inflation Stabilizes
New-Home Construction Plunges to Lowest Level Since May 2020
Opening: US stocks opened lower on Friday, and the three major stock indexes are expected to record larger gains this week.
On the evening of the 16th Beijing time, US stocks opened slightly lower on Friday. This week, the three major US stock indexes all recorded gains.
History Shows Investors Should Keep a Tight Leash on Risk Once the Fed Cuts Rates, Strategist Says