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A stock market correction is coming as rates, inflation, and valuations darken the outlook for investors, strategist says
The S&P 500 is poised for a 5% drop, according to CFRA chief investment strategist Sam Stovall.
Jennifer Sor
Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024
Growth in India, which already is strong and surging, may become more broad-based across both on th…
ANI
We've entered a world of zombie inflation. Wall Street is scared witless.
The sudden resurgence of inflation has caused some more alarmist analysts to suggest that the US ec…
Neil Dutta
Jamie Dimon says inflation is worse than people think, and that the market is too optimistic about a soft landing
"Inflation may not go away the way people expect it to," the JPMorgan CEO said, adding: "There are …
Filip De Mott
Stock market today: Dow drops 422 points as hot inflation scrambles rate outlook
Odds of a June rate cut have been slashed as the Fed looks like it will have to grapple with furthe…
Jennifer Sor
Fitch raises India's growth estimates for FY 25 to 7.2%
Investment will continue to rise but more slowly than in recent quarters, while consumer sp…
PTI
RBI retains inflation projection for FY25 at 4.5%
The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…
PTI
The inflation fight has stalled and the first rate cut won't happen until December, Bank of America says
"The acceleration of inflation this year makes a cut prior to December challenging, in our view," t…
Yuheng Zhan
Resilient India to outperform most global economies in FY24, says Client Associates
India today is a compelling destination for both foreign direct and portfolio investors. For the fi…
US stocks fall as investors digest impact of hot inflation data on Fed outlook
Investors this week have taken in a grab bag of economic data, including two hotter-than-expected i…
Phil Rosen
Americans' spending patterns are flashing a warning of a possible consumer-led recession
Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…
Jennifer Sor
Inflation comes in hotter than expected
The consumer price index rose by 3.1% year over year in January, lower than the 3.4% in December.
Madison Hoff
Nearly everyone has given up on their recession call, and that makes the outlook 'dangerously reminiscent' of 2007, SocGen says
Recession views feel dangerously similar to those prior to the 2008 crisis, as consensus shifts to …
Jennifer Sor
America's 'cardboard-box recession' is finally over, BofA says
Demand in the cardboard packaging industry is recovering, putting an end to an under-the-radar rece…
Filip De Mott
Stock market revives and surges by over 3%, closes above last Friday's high
Indian stock markets experienced a significant surge of over 3 percent by the closing session on We…
ANI
Why Gen Z is feeling so good about money right now
Compared to Gen X and baby boomers, a new TransUnion survey found Gen Zers are "the most stable" wh…
Ayelet Sheffey
Election fever? Equities and SIP inflows mark record highs in May, per AMFI data
The Indian mutual fund industry continued to register strong growth in fund inflows during May 2024…
The Fed should wait 'a couple years' before cutting rates as inflation is too sticky, top economist says
The Fed cutting interest rates too early is a big risk to the economy, Mohamed El-Erian has warned.
Jennifer Sor
Stock market today: US stocks fall as traders fret over inflation data and rate outlook
Stocks notched a second straight weekly loss on Friday as traders took in hotter-than-expected infl…
Jennifer Sor
Why the Fed's rate-cutting agenda could spark a recession, according to top economist Mohamed El Erian
The economy has a 35% chance of a hard-landing, according to top economist Mohamed El-Erian.