Mixed Outlook for US Economy: Slower Growth and Positive Aspects
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#76cf07ec ver:1.3
Mixed outlook for US economy as weaker-than-expected Q1 growth data and drop in bond yields prompt speculation of interest rate cuts. Global stock markets decline, while S&P 500 and Nasdaq drop. Pending home sales slump and jobless benefits applications increase, but consensus earnings estimates for S&P 500 remain positive. Cash levels ample and markets price in 60% chance of Fed easing in September. Economic slowing doesn't significantly increase risk of recession in short term. #USeconomy #stockmarket #interestrates #housingmarket #joblessclaims...
#newstr #UsEconomy #StockMarket #Gdp #EconomicData #InterestRates #JoblessClaims #TreasuryYields #HomeSales #MortgageRates #FederalReserve
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