JP Morgan says the market is doing so well, it could hit the firm’s 2020 forecast this year
Positive signs on the U.S.-China trade talks prompted investors to dive into stocks again, and J.P. Morgan believes the rally is here to stay and the market could reach the bank’s 2020 target eight months
U.S. Companies Preparing for Long-Term ‘Confrontational Relationship’ With China
U.S. companies are preparing for tensions with China to extend far beyond the status of the continuing trade discussions, an executive for the U.S.-China Business Council said Monday.
Robert Shiller: Recession likely years away due to bullish Trump effect
Nobel-prize winning economist Robert Shiller believes a recession may be years away due to a bullish Trump effect in the market.
The hard data says the US economy is just fine
One major cluster of data shows the U.S. economy is doing well despite concerns of a potential recession.
Goldman Sachs: The economic run is not over and the US ‘is not close to recession’
A slew of weak economic data last week fueled fears of a recession, but Goldman Sachs said Monday the U.S. is still not close to a downturn.
Loretta Mester says consumers are holding up the economy, even as trade issues weigh it down
It’s trade policy, not Fed policy, that’s slowing economic growth, Loretta Mester, president and CEO of the Federal Reserve Bank of Cleveland, told CNBC on Friday.
Lagarde Says Global Recession Unlikely But Trade a Key Risk
“It is not in the baseline to have a recession,” Lagarde said in a Bloomberg Television interview on Tuesday. “That said, it’s mediocre growth, it’s at risk because of essentially one major threat, which is the trade
Powell says the Fed is not forecasting or expecting a recession
Federal Reserve Chairman Jerome Powell said Friday the central bank’s pivot this year to lower interest rates has helped sustain U.S. economic growth.
JP Morgan: The stock market ‘will advance into year-end’
Markets will rally for the rest of the year, according to J.P. Morgan.
Target CEO: US consumer confidence ‘remains strong’
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending, despite fears that some shoppers may be pulling back with the threat of another economic recession looming.