Jamie Dimon sees ‘no great potholes,’ saying 3%-plus economic growth ‘may very well continue’
The U.S. economy is humming along with little in the way to derail its recently stronger growth trajectory, the J.P. Morgan chief says.
Retailers could ring up more than $1.1 trillion in holiday sales, topping last year
Retail sales are expected to grow between 5 and 5.6 percent from a year ago, according to Deloitte’s annual retail sales forecast for the holiday season.
Goldman Sachs: Little sign of a recession for the next 3 years
Recession risk is low, even when looking out three years from now, according to Goldman Sachs.
5 Things About a U.S.-China Trade War That Might Surprise You
China and the U.S., the world’s two largest economies, have been quarreling over trade for months, engaging in a tit-for-tat tariff battle and intermittently frightening investors with the prospect of a full-blown trade war. But the macroeconomic fallout from a worsening of trade relations might not be as severe as feared, according to Capital Economics.
Even ‘Canary in the Coal Mine’ Indicators Say This Bull Market Is Mostly Healthy
Ten years after the start of a global financial crisis, some strategists are checking in with their go-to “canaries in the coal mine” to get a gut-check as U.S. stocks push higher and confidence in the economy grows.
Fed’s Bullard says labor market has ‘some room to run’
The U.S. labor market is not yet near the point of getting too tight as unemployed people are still being attracted off the sidelines and into jobs, St. Louis Fed President James Bullard said on Wednesday.
Goldman: Economy growing at ‘twice our estimate’ of its potential
Recent data is pointing to an economy growing at an even more rapid pace that will overcome various headwinds including the intensifying trade war, according to Goldman Sachs.