JP Morgan: U.S. Economy Hoping For A Boring 2024
Provided the economy transitions to 2% growth and 4% unemployment, inflation should continue its steady downward trend. Our baseline U.S. economic forecast for 2024 can be summed up by the number 2024 – 2% growth, 0 recessions, 2% inflation and unemployment staying at roughly 4%. However, there are clearly risks that could divert us from […]
John Hancock: Weekly Market Recap Week Ended December 22
Consumer turnaround After four consecutive months of declines, a survey of U.S. consumers recorded a strong rebound in sentiment about the economy. The University of Michigan said its December sentiment reading rose to 69.7 from 61.3 in the previous […]
Visual Capitalist: Visualizing $97 Trillion Of Global Deby In 2023
Global government debt is projected to hit $97.1 trillion this year, a 40% increase since 2019. During the COVID-19 pandemic, governments introduced sweeping financial measures to […]
John Hancock: Weekly Market Recap Week Ended December 15
Sinking yields The shifting rate outlook sparked a price rally in the bond market, sending yields lower. The yield of the 10-year U.S. Treasury bond fell below 4.00% on Thursday for the first time since late July. The 30-year Treasury yield also dropped, remaining slightly about the 4.00% threshold on Friday. Fed pivot […]
Columbia Threadneedle: 2024 Fixed-Income Outlook
Where are the opportunities for fixed-income investors? Our 2024 outlook video discusses two scenarios. Click here to watch Click here to watch the video Surce: https://www.columbiathreadneedleus.com/blog/locking-in-longer-term-yield-2024-fixed-income-outlook
Visual Capitalist: IMF Forecasts For International Interest Rates
With inflation impacting markets and international interest rates for more than a year, how are different central banks expected to act in the future? Although the outlook on inflation remains uncertain, the International Monetary Fund (IMF) expects most advanced economies to begin gradually easing interest rates by mid-2024. These charts show the IMF’s projected […]
John Hancock: Weekly Market Recap Week Ended December 8th
Steady jobs market November’s jobs growth figure of 199,000 came in slightly above most economists’ expectations and extended a recent run of moderate but solidly positive labor market momentum. The latest figure was above October’s jobs growth of 150,000 but below the 12-month average of 240,000. The unemployment rate slipped to 3.7% from […]
LPL: Consumers Getting A Mixed Bag
Key Takeaways: Homebuilders Look for Opportunities One of the confounding experiences for consumers these days is within the housing market. Prospective buyers are reading the tale of two markets when it comes to residential real estate. After a volatile 2022, the pace of new home sales has stabilized around the pre-pandemic rate. With supply […]
Visual Capitalist: Visualizing The Rise Of The U.S. Dollar Since The 19th Century
Visualizing the Rise of the U.S. Dollar Since the 19th Century As the world’s reserve currency, the U.S. dollar made up 58.4% of foreign reserves held by central banks in 2022, falling near 25-year lows. Today, emerging countries are slowly decoupling from the greenback, with foreign reserves shifting to currencies like the Chinese yuan. At […]
John Hancock: Weekly Market Recap Week Ended December 1
Bond price rally Prices of U.S. government bonds surged, sending yields lower, as investors appeared to focus on the prospect of potential interest-rate cuts in coming months rather than any further rate hikes. The yield of the 10-year U.S. Treasury bond fell on Friday to around 4.22%—the lowest in more than three months and down […]