Despite slowdown fears, US stocks still seen as best bet on the globe
Things might look a little gloomy in the world’s biggest economy, with slowing earnings growth and recession fears in the bond market, but stocks are still holding up just fine.
Stocks typically outperform even when bonds signal recession
Some investors may be freaked out over the recession signal being sent by bond market rates, but if history is a guide, there is still time to capture more gains in the stock market.
China trade deal likely; automakers can avoid tariffs with U.S. plants
U.S. President Donald Trump said trade negotiations with China were progressing and a final agreement “will probably happen,” adding that his call for tariffs to remain on Chinese imported goods for some time did not mean talks were in trouble.
EU leaders call for end to ‘naivety’ in relations with China
European Union leaders called for an end to naivety on Friday in relations with Beijing and said China was a competitor whose markets were not sufficiently open, although they did not spell out specifically what they planned to do.
Home sales make record jump, proving how sensitive buyers are to mortgage rates
Sales of existing homes skyrocketed a whopping 11.8 percent in February compared with January, according to the National Association of Realtors.
Credit Suisse raises S&P 500 forecast, sees 20% gain for 2019
Underneath the stock market’s epic rebound has been a “more favorable” trend that Credit Suisse says will drive the market higher.
Homebuilder sentiment holds steady despite a decline in mortgage rates
The nation’s homebuilders are feeling positive about their business, but not as much as they did a year ago.
‘The one report that everyone in Washington watches’ on employment just showed a big gain in job openings”
Job vacancies jumped to a fresh high of 7.6 million in January as employers continue to seek qualified applicants to fill positions, the Bureau of Labor Statistics reported Friday.
Treasury’s Mnuchin expects elements of China trade talks to be resolved soon
The Trump administration is discussing a thick tome of ideas with Chinese officials as the two sides seek a trade deal, with Washington expecting some elements to be resolved soon, U.S. Treasury Secretary Steven Mnuchin said on Thursday.