This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Economic Update: Walmart Earnings : Reported lower-than-expected sales guidance, indicating potential weakness in U.S. Retail Sales Report : Previous week’s data showed signs of weakness. Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written.
Learn about his insights into effective communication and transparent expectations for remote teams, shared recently at the AICPA Personal Financial Planning Summit 2025. Senate committee during the pandemic. Explore how Reconciled’s culture promotes purpose and engagement, setting a standard for modern practice management.
FOMC Says Inflation Is Still Too High Presented by Cornerstone Financial Advisory, LLC Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. 6 This Week: Key Economic Data Monday: Durable Goods Orders. Thursday: Jobless Claims.
Yields rose after traders speculated that strong economic data might persuade the Fed to raise rates. Economic Strength, Housing Weakness The economy continued to evidence surprising strength according to data released last week. Despite worries of a struggling consumer, consumers increased their spending as retail sales rose 0.7%
Weekly Market Insights: Market Retreats On Inflation, Economic Reports Presented by Cornerstone Financial Advisory, LLC Stocks fell last week as investors reacted to disappointing inflation updates and other economic reports that fell short of estimates. 4 This Week: Key Economic Data Tuesday: Leading Indicators.
It was an inauspicious start to the week after a big-box retailer missed earnings and reduced forward guidance on Tuesday, sparking a broad market retreat. It was the second-consecutive quarter of negative economic growth, meeting the technical definition of a recession. This Week: Key Economic Data. Stocks Rally on Earnings.
A Tale Of Two Inflation Reports The biggest economic news last week was fresh inflation data. 6,7,8 This Week: Key Economic Data Tuesday: Empire State Manufacturing Index. Wednesday: Retail Sales. Source: Investor’s Business Daily, Econoday economic calendar; January 10, 2024 The Econoday economic calendar lists upcoming U.S.
A solid retail sales number, which reflected a strong consumer and supported the soft landing thesis, also boosted enthusiasm. 6 This Week: Key Economic Data Tuesday: Housing Starts. Index of Leading Economic Indicators. Source: Econoday, December 15, 2023 The Econoday economic calendar lists upcoming U.S.
Economic Strength The strength of the U.S. 5 This Week: Key Economic Data Tuesday: Consumer Price Index (CPI). Retail Sales. Source: Investors Business Daily – Econoday economic calendar; February 8, 2024 The Econoday economic calendar lists upcoming U.S. Treasury note yield is expressed in basis points.
4,5 This Week: Key Economic Data Monday: New Home Sales. Retail Inventories. Retail Inventories. Source: Investors Business Daily – Econoday economic calendar; March 18, 2024 The Econoday economic calendar lists upcoming U.S. Tuesday: Durable Goods Orders. Case-Shiller Home Price Index. Jobless Claims.
Retail sales, also reported on Thursday, were disappointing, rising less than expected and adding to the inflation angst. 5 This Week: Key Economic Data Monday: Housing Market Index. Source: Investors Business Daily – Econoday economic calendar; March 13, 2024 The Econoday economic calendar lists upcoming U.S.
5 This Week: Key Economic Data Tuesday: Retail Sales. Index of Leading Economic Indicators. Source: Econoday, October 13, 2023 The Econoday economic calendar lists upcoming U.S. This communication is strictly intended for individuals residing in the states of CA, CO, CT, FL, GA, IN, MA, NC, OH, SC,TN, TX and VA.
This Week: Key Economic Data Tuesday: Consumer Price Index (CPI). Retail Sales. Source: Econoday, November 10, 2023 The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials.
The rally paused in the final days of trading as stocks digested their gains and investors assessed weak retail sales and industrial production reports and a rise in continuing jobless claims. 6 This Week: Key Economic Data Tuesday: Existing Home Sales. Over the last 12 months, wholesale prices rose just 1.3%. FOMC Minutes.
Amongst other things, the August retail sales report showed that online sales grew at an annualized pace of 15% over the past three months. And if economic growth remains resilient, bond yields should not be moving lower. But mid- and small-cap stocks, which are even more geared to economic growth, outperformed.
Mixed Results Following Weak Economic Data Presented by Cornerstone Financial Advisory, LLC Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season. 4 Consumers Retrench Retail sales fell 1.1% Durable Goods Orders. Horton, Inc.
5 This Week: Key Economic Data Tuesday: Consumer Price Index (CPI). Thursday: Retail Sales. Source: Econoday, December 8, 2023 The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials.
The first was disappointing earnings results, coupled with the absence of earnings guidance from some companies due to an uncertain economic climate. Weak economic data, including declines in housing and leading economic indicators, also weighed on investor sentiment. 5 This Week: Key Economic Data Tuesday: Consumer Confidence.
Today, Goldman employs 9000+ Indians and serves leading corporate and institutional clients through corporate finance advisory, equity sales and trading, and fixed-income securities businesses, as well as providing macro-economic and investment research. EPS (TTM) 27.39 Stock P/E (TTM) 28.83 RoE 22.21% RoCE 27.2% Holding Value 220.6
Weekly Market Insights: Big Win For Big Tech Presented by Cornerstone Financial Advisory, LLC Stocks finished higher last week, with big tech again leading amid lingering uncertainty over how continued economic strength would influence the Fed’s rate decision. December retail sales came in strong, +0.6% Wednesday: PMI Composite.
After reports of a more pronounced slowdown in producer prices on Thursday, stocks surged higher, with technology and communication services companies leading the charge. A weak retail sales number on Friday shaved the gains to close out the week. 5 This Week: Key Economic Data Tuesday: Housing Starts. Existing Home Sales.
In doing so, I thought this conversation was really quite fascinating, and I think you will also, especially if you’re not only interested in equity, but curious as to how to combine various aspects of market functions, valuation, economic cycle, fed actions into one coherent strategy. But generally starts with the economic cycle.
Despite the week’s losses, stocks exhibited resiliency in the face of a string of troubling economic news that included flat retail sales, weak housing numbers, an inversion in the yield curve, and tepid economic data out of China. This Week: Key Economic Data. PANW), Zoom Video Communications, Inc. (ZM).
And so, coming out of school, I studied Economics and Spanish Literature, and I applied to a — a program that actually targeted Liberal Arts majors. And so, with this gave me exposure to everything from investment banking to retail, looking at like checking account campaigns, like how do you get more assets in the door to credit risk.
1,2,3 Possible Debt Deal After stumbling on weak April retail sales and a combination of disappointing earnings and weak guidance from a major retailer, stocks moved higher mid-week as the news on the debt negotiations turned more positive. 4, 5, 6 This Week: Key Economic Data Tuesday: Purchasing Managers’ Index (PMI) Composite.
Weekly Market Insights: Stocks Weather Summer Storm Of News And Indicators Presented by Cornerstone Financial Advisory, LLC Stocks extended their August declines last week as higher yields and weak economic data out of China soured investor sentiment. 4 Retail Sales Surprise Retail sales jumped 0.7% New Home Sales.
In theory, the move could spur borrowing and stimulate economic growth. If rates are cut too far, businesses and citizens may hoard physical cash, hobbling economic growth. Treasuries and other bonds with positive yields that are issued by governments with comparatively steady inflation and economic growth. gilts, U.S.
Stocks posted solid gains last week, buoyed by robust economic data and constructive comments from Fed officials. 1,2 Upbeat Economic News Three critical economic data points gave investors what they were looking for: wholesale inflation, consumer prices, and retail sales. Thursday: Jackson Hole Economic Symposium.
A bit of good news punctuated an otherwise sour Monday, as a stronger-than-expected retail sales report showed consumers were spending despite rising inflation. Retail sales increased 0.7% 6 This Week: Key Economic Data Tuesday: PMI Composite. This Week: Companies Reporting Earnings Monday: Verizon Communications Inc. (VZ)
Weekly Market Insights: Stocks Rise Modestly Over Short Trading Week Presented by Cornerstone Financial Advisory, LLC Stocks edged higher over the four trading days last week, with the three major averages taking turns leading based on various economic and artificial intelligence (AI) news. Retail sales rose 0.1 Jobless Claims.
The stock market edged lower last week as it digested a crosscurrent of conflicting economic data and contrasting comments from Fed officials. The economic picture, however, included some encouraging news as retail sales rose and producer price increases moderated. . This Week: Key Economic Data. Producer Prices Ease.
Upbeat Economic Data Although stocks were under pressure, some investors saw “green shoots” in a few economic reports. Retail sales were unchanged in June, which was better than expected. 7,8 This Week: Key Economic Data Tuesday: Existing Home Sales. 7,8 This Week: Key Economic Data Tuesday: Existing Home Sales.
trillion of debt due through 2025, with Morgan Stanley estimating that office and retail property valuations could fall 40%. Strength was seen in leisure and hospitality health care, government, and professional and business services, while retail and construction contracted. from a year ago, the slowest pace since June 2021.
19 recession-proof jobs Expert tip Skills for success Protecting your finances from difficult economic times What is the best job to have when the economy is struggling? Public safety workers Security guards, ambulance drivers, firefighters, and law enforcement officers are more often in need during economic downturns.
3 Midweek, news of stronger-than-expected retail sales report contributed to overall market momentum. Retail sales rose a seasonally adjusted 0.4 6 This Week: Key Economic Data Monday: Fed Officials Lori Logan, Neel Kashkari, and Jeffrey Schmid speak. PM), Verizon Communications Inc. (VZ), Beige Book.
Retail sales surged in July and are up 5% over the past three months after adjusting for prices. Resilient Economy May Be Accelerating Another month, another slew of economic data that not only shows the economy is resilient, but also that it may be accelerating. Retail sales and food services rose 0.7% Here’s a quick recap.
Hawkish comments by the Fed and weak economic data heightened investors’ recession concerns and sent stocks lower last week. The potential for higher rates for longer, along with disappointing economic data, particularly a sharp decline in retail sales, amplified fears of a recession and sent stocks lower for the remainder of the week.
There was some good news last week on the economic front and out of China, which started to loosen COVID restrictions. But it was a week where good news was considered bad news, as any signs of economic resilience stoked worries of a longer rate-hike cycle. This Week: Key Economic Data. Retail Sales.
They would have survived any economic adversity affecting their business, managing to stay profitable. Now this can become a compelling opportunity for us retail investors. PayTM’s parent ‘One97 Communication’ was founded by Vijay Shekhar Sharma. One97 Communications was listed on 18 November 2021. Lakh individuals.
7,8 This Week: Key Economic Data Monday: Empire State Manufacturing Index. Tuesday: Retail Sales. Source: Investors Business Daily – Econoday economic calendar; June 13, 2024 The Econoday economic calendar lists upcoming U.S. Fed Official Patrick Harker speaks. Industrial Production. EIA Petroleum Status Report.
dollar continued to climb, reflecting global economic weakness. Also helping the Friday rally was a strong retail sales report and additional second-quarter company reports. This Week: Key Economic Data. Index of Leading Economic Indicators. . Friday: Verizon Communications, Inc. (VZ), Stocks Slide. Also, the U.S.
In addition to macroeconomic factors, high COVID infections also risk slowing economic progress. Improving prospects against the pandemic as well as improved prospects for economic recovery should continue to help lift markets globally over time. S&P sectors were negative this week. The Week Ahead. More to come soon. Stay tuned.
We organize all of the trending information in your field so you don't have to. Join 36,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content