Macro Briefing: 20 August 2024
TutoSartup excerpt from this article:
* Canadian rail strike could have economic ripple effects for US * AI hype is fading as investors worry about profits for the technology * China leaves key lending benchmark interest rates unchanged * US consumer inflation expectations fall sharply at medium-term horizon, but… * NY Fed survey al…
Macro Briefing: 20 August 2024
Author: James Picerno
* Canadian rail strike could have economic ripple effects for US * AI hype is fading as investors worry about profits for the technology * China leaves key lending benchmark interest rates unchanged * US consumer inflation expectations fall sharply at medium-term horizon, but… * NY Fed survey al…
* Canadian rail strike could have economic ripple effects for US
* AI hype is fading as investors worry about profits for the technology
* China leaves key lending benchmark interest rates unchanged
* US consumer inflation expectations fall sharply at medium-term horizon, but…
* NY Fed survey also finds workers increasingly worried about losing their jobs
* US Leading Economic Index continues to slide in July:
US stock market rose for an eighth straight day on Monday (Aug. 19). “What we’ve seen happen is a swath of recent data, which has eased fears about slowing US growth without stoking fears of re-accelerating inflation,” says Kyle Rodda, a senior market analyst at Capital.Com Inc.
Author: James Picerno