Economic Growth Forecasts for US and China Are Increasingly Diverging
Annual real GDP growth for the US in 2023 is expected to be nearly 2.5%, which is more than quadruple estimates from earlier this year of just 0.5%.
Source: businessinsider.com
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Top News In Nalyst Note Today - Breaking & Trending Today
Bitcoin Could Jump 10% As It Makes Bullish Moves Heading Into Year-End
"Our intermediate-term trend-following indicators support a bullish bias for the next several weeks," Fairlead Strategies' Katie Stockton said.
Source: businessinsider.com
Here's Why China's Weak Economy Is Good News for the US Stock Market
"China's economy is in a property-led and fertility-led depression," Ed Yardeni said, adding that China is "the world's largest nursing home."
Source: businessinsider.com
Stock Market Outlook: Even a Recession Can't Knock Down S&P 500 in 2024
"Unfortunately, bearish fear sells, and bulls are routinely doubted and panned. So, get ready for another year of analysis paralysis," BMO said.
Source: businessinsider.com
Magnificent 7 Tech Stocks Will Outperform the S&P 493 in 2024: Goldman
"The net margins of the Magnificent 7 are twice the margins of the rest of the index, and consensus expects this gap will persist through 2025."
Source: businessinsider.com