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
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.
Goldman Sachs warns that the rapid rebound of the US stock market has led to a too quick recovery of market confidence.
Goldman Sachs' chief of asset allocation research stated that after global risk assets experienced a significant sell-off, the market sentiment quickly recovered, which should be regarded as a worrisome issue.
NASDAQ100: Has the Next Leg Lower Started?
Daily Roundup of Key US Economic Data for Aug. 28