MTGFX

US heading for shallow recession, no respite yet from rate hikes: Reuters poll

US heading for shallow recession, no respite yet from rate hikes: Reuters poll

BENGALURU, Dec 9 (Reuters) – The U.S. economy is heading for a short and shallow recession over the coming year, according to economists polled by Reuters who unanimously expected the Federal Reserve to US opts for a lower interest rate hike of 50 basis points in December. 14. The Fed still has at least half …

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Column: When Market Forecasters Should Earn Their Credentials: McGeever

Column: When Market Forecasters Should Earn Their Credentials: McGeever

ORLANDO, Fla., Dec 8 (Reuters) – When Yogi Berra said it was hard to make predictions, especially about the future, he probably didn’t have financial market analysts in mind. But the famous baseball player’s famous malapropism, also similarly expressed by others, probably applies as much to predicting the outlook for stocks, bonds and currencies as …

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The US service industry is picking up;  factory orders are accelerating

The US service industry is picking up; factory orders are accelerating

Activity in the services sector picks up in November Employment rebounds; supplier deliveries are improving Factory orders rise 1.0% in October WASHINGTON, Dec 5 (Reuters) – U.S. service-sector activity unexpectedly accelerated in November, with employment rebounding, offering further evidence of underlying economic dynamics. economy as it prepares for an anticipated recession next year. Monday’s Institute …

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Column: Dodging the Recession Could Whip the Markets: Mike Dolan

Column: Dodging the Recession Could Whip the Markets: Mike Dolan

LONDON, Dec 2 (Reuters) – A recession of sorts next year is quickly becoming a consensus – so much so that financial markets could find themselves whipped if they don’t materialize. The crux of most outlooks for 2023 is a year of contraction in activity at some point, disinflation and interest rate spikes. The result …

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As Fed plans to 'rise and hold,' new projections could show cost

As Fed plans to ‘rise and hold,’ new projections could show cost

WASHINGTON, Dec 2 (Reuters) – New projections from the U.S. Federal Reserve, released later this month, alongside an expected half-point hike in interest rates, could show that the target rate for the central bank is heading towards levels last seen on the eve of the 2007 financial crisis, and will also reveal policymakers’ best estimate …

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Global stocks gain on hopes recession warning will force Fed's hand

Wall Street ends sharply lower, hit by concerns over Apple and China

Cyber ​​Monday spending will hit $11.6 billion – report Crypto stocks fall as BlockFi files for bankruptcy Biogen down after death in Alzheimer’s drug trial End of indices: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – U.S. stocks ended sharply lower on Monday after protests in major Chinese cities over strict COVID-19 …

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Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest

Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest

Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over wages and conditions Apple says it has a team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday that a payroll-related “technical error” occurred when hiring new hires at a coronavirus-hit iPhone …

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US weekly jobless claims at 3-month high;  resilient capital expenditure

US weekly jobless claims at 3-month high; resilient capital expenditure

Weekly jobless claims increase from 17,000 to 240,000 Continuing claims rise by 48,000 to 1.551 million Core capital goods orders rebound 0.7% in October Shipments of basic capital goods jump 1.3% WASHINGTON, Nov 23 (Reuters) – The number of Americans filing new claims for unemployment benefits hit a three-month high last week amid rising tech …

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Global stocks gain on hopes recession warning will force Fed's hand

Global stocks gain on hopes recession warning will force Fed’s hand

Stocks rise as investors assess Fed rate moves in 2023 Treasury yields rise on tougher talks with the Fed Treasury Yield Curve Inversions Point to Recession Oil slides on rate hike, Chinese growth concerns NEW YORK/LONDON, Nov 18 (Reuters) – Global stocks edged higher and a key part of the Treasury yield curve inverted further …

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