2024-08-21 14:59:08
Markets
Stocks
Economy
U.S. Stock Market Sees Slight Decline Amidst Uncertainty
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Reuters
Finance
Economy
The U.S. stock market saw a slight decline. Ahead of the Jackson Hole meeting, with thin materials, the continuous rise of the past few days has stopped. While the recovery from recession concerns continues, there are doubts about the sustainability of the rise. Chuck Carlson, CEO of Horizon Investment Services, pointed out that "last week was the best week of the year, but it is questionable whether this rise will continue." The S&P 500 and Nasdaq Composite have recorded the longest consecutive..
seekingalpha
Market Volatility: What's Going On - II
Politics
Finance
Economy
The author expects election uncertainty to dominate markets for the rest of the year, as the Federal Reserve navigates the political sensitivity of policy changes near the election. The Fed may cut rates by 50 basis points, risking criticism from candidates. Investors must account for this complex policy and political landscape in their market outlook.
CNBC
We expect the Fed to indicate it will cut rates in September, Azimut Group says
Economy
Finance
Politics
Nicolo Bocchin of Azimut Group discusses the signals the U.S. Federal Reserve might send at its Jackson Hole symposium.
CNBC
Recent volatility spike was a 'huge overreaction,' but expect more ahead, UBS strategist says
Finance
Economy
According to Gerry Fowler, head of European equity strategy and global derivative strategy at UBS, the recent volatility spike, driven by a weaker-than-expected U.S. jobs report in August and a more hawkish Bank of Japan leading to unwinding of the yen carry trade, was a 'huge overreaction'. However, UBS expects moderately elevated volatility ahead as the U.S. economy slows, with job losses indicated by nonfarm payrolls and initial jobless claims being key. UBS expects markets to 'settle at a..
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