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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
Three key words for the Q2 financial report season in the U.S. stock market: labor market, consumption, and AI.
The new financial report season conveyed three messages to the market: the US labor market is still healthy, consumers have strong resilience, and future tech giants may continue to increase AI investments.
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