Category Archives: Market Review
One Man’s Opinion: Will Capital Expenditures Rise In Sectors That Can Take Advantage Of Cheap US Energy Prices?
The US economy is held back by slow growth in exports amid other struggling major economies, said Russ Koesterich, chief investment strategist at BlackRock Inc. For much of the last 20 years, the US consumers have been the engine of … Continue reading
Major US indexes witnessed a decline this week despite domestic data showing a firming-up of the economy as US markets are in the middle of a technical correction, said Mohamed El-Erian, chief economic advisor at Allianz and the former CEO … Continue reading
The International Monetary Fund recently slashed global growth forecast amid slowdown in Europe and weakness in Japan. But lackluster global growth is unlikely to snuff-out the US bright spot, said Rick Reider, chief investment officer for fixed-income at BlackRock Inc. … Continue reading
The latest non-farm payrolls report showed the US added 248,000 jobs in September. Yet the lack of wage inflation has been a real puzzle and the only missing-piece in the jobs report, said Alan Krueger, a Princeton University economics professor … Continue reading
The latest upward revision of second-quarter US GDP to 4.6 percent indicates an annualized growth rate of 3 percent or more in the third quarter, said David Kelly, chief global strategist at JP Morgan Funds. After years of disappointing growth, … Continue reading
The Federal Reserve is likely to raise interest rates in June 2015 as economic data has been pretty soft in the last few weeks, said David Joy, chief market strategist at Ameriprise Financial. However, eventually, markets are likely to witness … Continue reading