Here's the most troubling part for market bulls in the CPI report
Core CPI, which excludes volatile food and energy prices, is proving stickier than expected and unsettling investors.
Source: cnbc.com
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US might be on the brink of a crisis similar to 2007 or 1998: Economist Sri Kumar
A US recession has been postponed for now, said Kumar, noting that the first half of 2024 could be pivotal.
Source: moneycontrol.com
Asia markets dip as investors look ahead to China GDP, Japan inflation data
China will release its third-quarter gross domestic product, while Japan’s inflation data and South Korea’s rate decision are also expected this week.
Source: nbcconnecticut.com
Asia markets open weaker as investors look ahead to China GDP, Japan inflation data
China will release its third-quarter gross domestic product, while Japan’s inflation data and South Korea’s rate decision are also expected this week.
Source: nbcdfw.com
Regional banks are in focus in the week ahead as third-quarter earnings season ramps up
Regional bank earnings are expected to be a weak point this earnings season.
Source: cnbc.com