This post was originally published on this site. Robust consumer spending growth continues to support both economic expansion and corporate earnings, with higher income consumers generating the greatest positive impact. Consumer spending is a key economic measure as it drives nearly two-thirds of U.S. economic activity.1 Jobs, incomes, and rising…
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Negotiating treacherous financial markets requires more semantics than economics
This post was originally published on this site. By: Satyajit Das US Federal Reserve Chairman Ben Bernanke (right) has introduced the term “taper” to the lexicon of central banking. It follows on from his “twist”. ECB President Mario Draghi’s stated strategy is “whatever it takes”. Detailed textual analysis, deconstructing policy…
FTSE 100 in biggest drop since April as stock market sell-off continues
This post was originally published on this site. And finally, Britain’s stock market has recorded its biggest one-day fall since the early days of Donald Trump’s trade war. The blue-chip FTSE 100 share index has closed down 123 points, or 1.27%, at 9552 points, its lowest closing point since 22…
Finance News on Investing, Public Financing, Loans, Banks
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