Tag #Us Economy

nbcnews.com
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"Trump Acknowledges Grocery Price Reduction Challenges Despite Campaign Promises"

"President-elect Trump, in a Time magazine interview, acknowledges the difficulty of lowering grocery prices despite campaign promises, attributing current high prices to the Biden administration. He plans to lower costs through increased energy production and supply chain improvements, although exp...

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48% Bias Score

Zero Hunger
cnbc.com
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Fed Rate Cut Likely Next Week, Pending Inflation Data

Traders anticipate another Federal Reserve interest rate cut next week, with an 86% likelihood according to the CME FedWatch Tool, pending this week's CPI and PPI reports expected to show increases of 0.3% and 0.2%, respectively. The decision is also influenced by labor market concerns and political...

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44% Bias Score

Reduced Inequality
cnbc.com
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Conflicting Market Forecasts for 2025 Amidst Policy Uncertainty and Tariff Concerns

Citi forecasts mid-single-digit S\u0026P 500 gains in 2025 to 6,500 but warns of volatility; Barclays expects a continued 2024 rally; potential tariffs, not expected until late 2025, could reduce GDP by 1.2% and raise inflation by 1.1%; Biden may block U.S. Steel's $14.1B sale to Nippon Steel.

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32% Bias Score

Reduced Inequality
edition.cnn.com
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US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut

US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.

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44% Bias Score

No Poverty
theglobeandmail.com
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Falling Rents Prompt Cautious Approach to Canadian Apartment REITs

Scotiabank analyst Mario Saric advises patience in the apartment REIT market due to falling rents, expecting positive rent growth is needed for improved trading multiples; his top picks for 2025 are IIP and CAR.

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44% Bias Score

Reduced Inequality
forbes.com
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U.S. Economy Projected for Strong Growth in 2025 Despite Immigration Slowdown

Despite predictions of a recession, the U.S. economy is expected to experience robust growth in 2025, driven by fiscal stimulus from the incoming Trump administration, continued rate cuts by the Federal Reserve, and a strong consumer base; however, decreased immigration may temper job creation.

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44% Bias Score

Decent Work and Economic Growth
welt.de
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Biden warns of economic 'catastrophe' under Trump's planned tariffs

President Biden criticized President-elect Trump's planned tariffs on imports from Canada, Mexico, and China, warning of increased consumer prices and potential economic catastrophe; Trump's inauguration is scheduled for January 20th.

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40% Bias Score

Reduced Inequality
forbes.com
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Return to Classic Investing Strategies Amidst Economic Realities

Major investment forces are returning to classic investing strategies due to high inflation, rising interest rates, and overvalued assets, leading investors to focus on fundamentally strong companies and avoid speculative investments.

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52% Bias Score

Reduced Inequality
cnbc.com
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CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook

Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.

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52% Bias Score

Decent Work and Economic Growth
forbes.com
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Wells Fargo Stock Soars 51% on Strong Q3 Results and Deregulation Hopes

Wells Fargo's stock (WFC) surged 51% year-to-date, outpacing the S&P 500 and Bank of America, driven by strong wealth management performance despite lower net interest income in Q3 2024 ($20.4 billion revenue, $5.1 billion profit). Future prospects hinge on potential deregulation under a second Trum...

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44% Bias Score

Decent Work and Economic Growth
repubblica.it
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Wall Street's Structured Finance Surges to \$380 Billion

Wall Street's structured finance transactions hit \$380 billion in 2024, exceeding the 2007 pre-crisis peak, driven by investor demand for high returns despite increased risks, particularly in consumer credit and unconventional asset-backed products.

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40% Bias Score

Reduced Inequality
faz.net
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Gold Price Surge Predicted for 2025

Heraeus predicts gold prices to hit \$2950 per ounce by 2025, driven by Trump's inflationary policies, increased central bank purchases, and geopolitical risks; silver's outlook is brighter than palladium's.

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40% Bias Score

Reduced Inequality