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.

wallstreetcnAug 16 11:26 ET

U.S. Recession Fears Are Receding, According to UBS

Seeking AlphaAug 16 10:47 ET

U.S. Consumer Sentiment Improves for First Time in Five Months as Inflation Stabilizes

Luzi Ann SantosAug 16 10:25 ET

Fed rate cut is imminent! Wells Fargo & Co: the US stock market will usher in a bull market comparable to 1995.

Paul Christopher, global investment strategist of Wells Fargo & Co, said that the US stock market is about to see an unprecedented rise in 30 years; the current market has similarities with the market in 1995, when the stock market was booming and the S&P 500 index hit 77 historical highs; investors may currently face an environment similar to that of 1995-inflation is declining, and the economy has not collapsed.

cls.cnAug 16 05:21 ET

JPMorgan CEO Damian: Using the 'Buffett Rule' to combat the rich may be a solution to the US debt problem.

Damon believes that to reduce the financial burden, we can follow the Buffett rule and levy more taxes on the wealthy, that is, families with annual incomes exceeding 1 million US dollars should pay no less tax than middle-class families.

wallstreetcnAug 16 03:46 ET

During the August sell-off, 'enthusiastic' retail investors bought technology stocks on the dip.

Due to the significant drop in the stock market in early August, retail investors held a positive view and saw a buying opportunity. This once again proves the phenomenon of buying on dips.

wallstreetcnAug 15 23:11 ET