CHART OF THE DAY: High Interest Rates Not Hurting the Economy Just yet
"We don't see sufficient evidence that the global economy is headed for severe recession," Ned Davis Research said.
Source: businessinsider.com
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Top News In Nalyst Note Today - Breaking & Trending Today
China's Sales of US Treasury Bonds Aren't As Big As They Seem
"Although China's holdings of US debt are down, after some adjustments, it's a lot less than the headline implies," Ned Davis Research said.
Source: businessinsider.com
Stock Market Outlook: S&P 500 Nears Make-or-Break Moment for Bull Market
"Monthly S&P 500 seasonality suggests buying weakness into September and October prior to a fourth-quarter and year-end rally," Suttmeier said.
Source: businessinsider.com
Tesla Q3 Earnings Preview: Here's What Wall Street Expects From the EV Maker
Tesla already reported third-quarter deliveries of 435,059, below Wall Street's expectations of 451,000 vehicles.
Source: businessinsider.com
Stock Market Outlook: S&P 500 Earnings Estimates for 2024 Too Optimistic
"Delinquencies in consumer loans and corporate bankruptcies are starting to move higher, and this trend is likely to continue absent a cut in rates."
Source: businessinsider.com