Holiday sales on track to blow past record for spending, topping retail trade group’s biggest forecast
PUBLISHED FRI, DEC 3 202112:28 PM EST Melissa [email protected]_REPKO Holiday sales could best even the rosiest expectations for the major shopping season, according to the National Retail Federation. The major trade group’s economist, Jack Kleinhenz,
JPMorgan is out with an official 2022 outlook that sees good things for the market
PUBLISHED TUE, NOV 30 20218:05 AM EST Tanaya [email protected] The bronze Charging Bull in the financial district of New York City. Robert Nickelsberg | Getty Images Though JP Morgan thinks stock market gains be may
BMO says the secular bull market is ‘alive and well,’ sets bullish S&P 2022 target
Hannah [email protected]_ The bronze Charging Bull in the financial district of New York City. Robert Nickelsberg | Getty Images U.S. stocks are set for another winning year in 2022, according to BMO Capital Markets. Chief
U.S. Retail Sales Jump by Most Since March, Topping Forecasts
Tuesday, November 16, 2021 05:58 AM By Reade Pickert Purchases rose 1.7% in October without adjustment for prices Receipts rose in nearly all categories, including electronics (Bloomberg) -- U.S. retail sales rose in October for a
Goldman’s 2022 stock market outlook is out, and the firm sees another strong year
PUBLISHED TUE, NOV 16 202110:08 AM ESTUPDATED AN HOUR AGO Jesse [email protected] People walk along Wall Street in the financial district of Manhattan on September 29, 2021 in New York City. Spencer Platt | Getty
Profit-Plumped S&P 500 Walks Past CPI Shock With Barely a Bruise
Friday, November 12, 2021 01:07 PM By Katie Greifeld and Vildana Hajric Stock benchmark snaps longest winning streak since August 2020 Companies still able to get consumers to accept higher prices (Bloomberg) -- It took the hottest inflation
Four reasons why Americans can’t buy enough stuff.
Business Insider Americans won't stop buying stuff. Spending on durable goods has soared over the past 18 months, per a new JP Morgan note. It's partly because of a new way of life, and in other
Equities Climb as Companies Offer Signs of Economic Growth
6:41:22 AM The S&P 500 advanced after key earnings reports showed economic optimism and confidence that supply-chain and cost issues are manageable. President Biden’s unveiled spending plan and a 3Q GDP reading that wasn’t as bad some feared also
The freak out against potential stagflation ignores one crucial fact: The US economy is booming!!!
Some experts are worried that the US is headed for "stagflation"— an economic mess last seen in the 1970s. Stagflation requires high inflation, high unemployment, and low GDP growth. Since the economy is still booming,
Retail trade group expects holiday sales to rise by all-time record, despite congested ports
PUBLISHED WED, OCT 27 202110:53 AM EDTUPDATED 3 MIN AGO Melissa [email protected]_REPKO The National Retail Federation said Wednesday that it expects holiday sales during November and December to rise between 8.5% and 10.5%, which would total