Fed adds its voice to rising fears about retirement investor core bond holdings
The bond market has become more concerned in recent months about the lower tier of the investment-grade market
US consumer spending surges, while underlying inflation slows
U.S. consumer spending increased by the most in seven months in October.
US third-quarter GDP growth unrevised at 3.5%
The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the Trump administration’s 3 percent target this year.
Fed warns that a ‘particularly large’ plunge in market prices is possible if risks materialize
The Federal Reserve issues a cautionary note about risks to financial stability, saying trade tensions, geopolitical uncertainty and a buildup in corporate debt among firms with weak balance sheets pose strong threats.
US-China trade war could create winners in Southeast Asia
Southeast Asia is “a very attractive alternative” for companies looking to diversify away from China in the trade war, according to Satish Shankar from management consultancy Bain & Co.
A $9 trillion corporate debt bomb is ‘bubbling’ in the US economy
At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high that it’s a manageable problem, at least for the next year or two.
Goldman Sachs on 2019: Raise cash, get defensive and look out below if more tariffs happen
Goldman Sachs is not feeling very bullish about stocks in 2019, according to its official outlook report to clients out this week.
JP Morgan sees a slowdown coming, with economy growing at less than 2 percent in 2019
JP Morgan economists expect economic growth to slow to 1.9 percent next year, as tax and other stimulus fades.
China and U.S. teams bypass Washington and go straight to Buenos Aires for trade talks
Chinese and American trade negotiators have made a last-minute change to their original plans and rescheduled their talks for Buenos Aires instead of Washington, a source who was briefed on the matter has told the South China Morning Post.…