Tag Archives: U.S. Economy

Stock Rally Continues in Asia; Yen Fluctuates: Groceries Wrap

Japanese broths increased a rallying in world-wide equities and the yen sold around a 15 -month high-pitched, with trading muted due to holiday closes across Asia. Australian shares were also higher, but with the majority major marketplaces across Asia Pacific shut for Lunar New Year vacations, publications may be light-footed. The S& P 500 topped … Read More

U.S. Growth Cools to 2.3% While Compensation Rates Intensify

What Our Economists Say First-quarter GDP is better than consensus, as Bloomberg Economics projected, but don’t pop the champagne yet. Excluding armory stockpiling, the amount is considerably less robust. Final sales, or GDP ex-inventories, rose 1.9% vs. 3.4% prior — the softest expres since the fourth quarter of 2016. We spotlit this not to be … Read More

Trump Taps Powell for Fed to Oversee Economy Fraught With Risks

Jerome Powell, said to be President Donald Trump‘s pick to be the next Federal Reserve chairman, about to be take the reins of the world’s most important central bank when the U.S. economy is reeling along at a speed he’ll be under pressure to sustain. Growth is accelerating, inflation is tamed and unemployment is the … Read More