UK Economy Stagnant in Q3 2024 Amidst Recession Fears and Budgetary Changes
The UK economy stagnated in Q3 2024, with 0% GDP growth due to decreased services and production, fueled by recession fears and the Labour government's Autumn Budget changes increasing employer NICs, impacting business investment and hiring, and potentially requiring government intervention in 2025.
UK Economy Stagnant in Q3 2024 Amidst Recession Fears and Budgetary Changes
The UK economy stagnated in Q3 2024, with 0% GDP growth due to decreased services and production, fueled by recession fears and the Labour government's Autumn Budget changes increasing employer NICs, impacting business investment and hiring, and potentially requiring government intervention in 2025.
Progress
48% Bias Score
Government Shutdown, Inflation Report Trigger Stock Market Decline
On December 20, 2024, stock futures fell, led by a 1% drop in Nasdaq-100 futures, due to a potential US government shutdown and an upcoming inflation report. Concerns include economic consequences of the shutdown and the impact of higher inflation on Federal Reserve policy.
Government Shutdown, Inflation Report Trigger Stock Market Decline
On December 20, 2024, stock futures fell, led by a 1% drop in Nasdaq-100 futures, due to a potential US government shutdown and an upcoming inflation report. Concerns include economic consequences of the shutdown and the impact of higher inflation on Federal Reserve policy.
Progress
56% Bias Score
Investor Shifts US Holdings to Select Canadian Stocks
Money manager Vishal Patel is shifting investments from U.S. stocks to select Canadian companies like Alimentation Couche-Tard, Brookfield Corp., and WSP Global, while trimming Nvidia holdings, due to their strong management and growth prospects, despite acknowledging certain risks.
Investor Shifts US Holdings to Select Canadian Stocks
Money manager Vishal Patel is shifting investments from U.S. stocks to select Canadian companies like Alimentation Couche-Tard, Brookfield Corp., and WSP Global, while trimming Nvidia holdings, due to their strong management and growth prospects, despite acknowledging certain risks.
Progress
44% Bias Score
Fed Rate Cut Disappoints Markets, Triggering Sharp Sell-Off
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, reducing its target range to 4.25%-4.5%, while revising its 2025 rate cut projections from four to two; this triggered a sharp sell-off in U.S. markets, which continued into Asia-Pacific markets; the Bank of Japan hel...
Fed Rate Cut Disappoints Markets, Triggering Sharp Sell-Off
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, reducing its target range to 4.25%-4.5%, while revising its 2025 rate cut projections from four to two; this triggered a sharp sell-off in U.S. markets, which continued into Asia-Pacific markets; the Bank of Japan hel...
Progress
48% Bias Score
China Targets 5 Percent GDP Growth in 2025 with Proactive Fiscal and Monetary Policies
China aims for 5 percent GDP growth in 2025, employing a more proactive fiscal policy with a potential 4 percent deficit and a moderately loose monetary policy involving interest rate cuts to counter economic challenges.
China Targets 5 Percent GDP Growth in 2025 with Proactive Fiscal and Monetary Policies
China aims for 5 percent GDP growth in 2025, employing a more proactive fiscal policy with a potential 4 percent deficit and a moderately loose monetary policy involving interest rate cuts to counter economic challenges.
Progress
40% Bias Score
Australia Faces \$21.8 Billion Budget Deficit, Higher Taxes, and Service Cuts Imminent
Australia's mid-year economic and fiscal outlook reveals a \$21.8 billion budget deficit over four years, driven by increased spending and sluggish growth, necessitating tax increases and service cuts without fiscal reform; a surplus is not projected until 2034/35.
Australia Faces \$21.8 Billion Budget Deficit, Higher Taxes, and Service Cuts Imminent
Australia's mid-year economic and fiscal outlook reveals a \$21.8 billion budget deficit over four years, driven by increased spending and sluggish growth, necessitating tax increases and service cuts without fiscal reform; a surplus is not projected until 2034/35.
Progress
44% Bias Score
Bank of America Predicts Significant Stock Upside for 2025
Bank of America analysts forecast significant stock price increases for Nvidia, Block, Cadence Design Systems, Chevron, and East West Bancorp in 2025, citing factors like macroeconomic improvements, robust capital positions, and rising AI investments.
Bank of America Predicts Significant Stock Upside for 2025
Bank of America analysts forecast significant stock price increases for Nvidia, Block, Cadence Design Systems, Chevron, and East West Bancorp in 2025, citing factors like macroeconomic improvements, robust capital positions, and rising AI investments.
Progress
48% Bias Score
Canadian Hiring Managers Increase Year-End Bonuses Amidst Economic Uncertainty
A new survey reveals that 95% of Canadian hiring managers in professional services plan to award year-end bonuses in 2024, a significant increase from 92% in 2023, with 65% planning to increase bonus amounts to retain talent amidst economic challenges and rising employee financial stress.
Canadian Hiring Managers Increase Year-End Bonuses Amidst Economic Uncertainty
A new survey reveals that 95% of Canadian hiring managers in professional services plan to award year-end bonuses in 2024, a significant increase from 92% in 2023, with 65% planning to increase bonus amounts to retain talent amidst economic challenges and rising employee financial stress.
Progress
40% Bias Score
Colombia's Central Bank to Make Cautious Interest Rate Cut Amidst Uncertainty
The Bank of the Republic in Colombia will likely cut interest rates by a maximum of 50 basis points this Friday, a decision influenced by internal changes within the bank, concerns about inflation despite its recent decrease, and external risks such as potential US protectionism and fiscal uncertain...
Colombia's Central Bank to Make Cautious Interest Rate Cut Amidst Uncertainty
The Bank of the Republic in Colombia will likely cut interest rates by a maximum of 50 basis points this Friday, a decision influenced by internal changes within the bank, concerns about inflation despite its recent decrease, and external risks such as potential US protectionism and fiscal uncertain...
Progress
40% Bias Score
Fed's Revised Rate Cut Projection Triggers Wall Street Sell-off
Wall Street experienced a sell-off after the Federal Reserve projected fewer rate cuts in 2025 than previously anticipated, causing major indexes to decline as investors adjusted to a less dovish outlook and higher inflation.
Fed's Revised Rate Cut Projection Triggers Wall Street Sell-off
Wall Street experienced a sell-off after the Federal Reserve projected fewer rate cuts in 2025 than previously anticipated, causing major indexes to decline as investors adjusted to a less dovish outlook and higher inflation.
Progress
44% Bias Score
Fed Cuts Interest Rate for Third Consecutive Meeting
The Federal Reserve cut the policy interest rate by 25 basis points to 4.25-4.50 percent on December 14, 2024, marking the third consecutive rate cut and a shift in monetary policy following a period of aggressive rate hikes in 2022 to combat inflation.
Fed Cuts Interest Rate for Third Consecutive Meeting
The Federal Reserve cut the policy interest rate by 25 basis points to 4.25-4.50 percent on December 14, 2024, marking the third consecutive rate cut and a shift in monetary policy following a period of aggressive rate hikes in 2022 to combat inflation.
Progress
24% Bias Score
Stagnant Wages Projected for Apulian Families in 2025
Bank of Italy projections forecast stable wages and purchasing power for Apulian families in 2025, despite a 1.7 percent employment increase and 0.5 percent GDP growth, highlighting the need for increased productivity to overcome national and international economic challenges.
Stagnant Wages Projected for Apulian Families in 2025
Bank of Italy projections forecast stable wages and purchasing power for Apulian families in 2025, despite a 1.7 percent employment increase and 0.5 percent GDP growth, highlighting the need for increased productivity to overcome national and international economic challenges.
Progress
44% Bias Score