Slower Growth Expected For US Q3 GDP Report

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The downshift is prominent, but the estimate still points to low recession risk... Today’s data also offers pushback to recent fears that a US recession has started or is imminent... In addition to today’s Q3 nowcast, a series of other business-cycle metrics support the case for downplaying recession fears in the immediate future... 7), “the case for assuming that recession risk has spiked ...

Macro Briefing: 13 August 2024

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* Iran retaliation against Israel could come this week, says White House * Majority of Americans wrongly think US is in recession * Investor demand for bonds rebounds as recession fear rises * Fund managers raise cash holdings in August, BofA survey reports * German economic sentiment falls sharply in August * Big Tech’s electricity use higher than some demand in some countries * GM cuts staff i...

Harness the power of AI and ML using Splunk and Amazon SageMaker Canvas

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For example, we can see that a feature from the wearables data captured in Splunk—average_num_days_device_active—has a strong impact on whether the patient is likely to be admitted or not, along with their age... AWS offers the broadest and deepest set of AI and ML services and supporting infrastructure, such as Amazon SageMaker and Amazon Bedrock, to help you at every stage of your AI/ML ad...

Despite Recent Market Volatility, Most Markets Are Still Up In 2024

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It’s been a rough ride in recent weeks, but trend data still leaves room for debate on the prospects for maintaining bullish bets...The overall trend for a globally diversified portfolio, however, remains comfortably positive this year... But reviewing the trend through a US-equities lens suggests it’s premature to confidently declare that the bull run is over... Meanwhile, the S&P’s 5...

Macro Briefing: 12 August 2024

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* US sends more forces to Middle East, reacting to “escalating regional tensions” * Is the recent surge of market volatility over? Not yet, predict analysts * Increasingly price-sensitive consumers will help lower inflation rate * Nouriel Roubini–“Dr. Doom”–doesn’t expect a hard landing for US anytime soon * US inflation likely held stead in July, RBC predicts * Despite market volati...

Book Bits: 10 August 2024

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From Black washerwomen to white foremen, Illinois roomers to Georgia railroad men, workers turned to labor income as collateral for borrowing capital... By purchasing books through this site, you provide support for The Capital Spectator’s free content... of California Press) In a world increasingly run by algorithms and artificial intelligence, Hatim Rahman traces how organizations are using a...

How Deltek uses Amazon Bedrock for question and answering on government solicitation documents

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Question and answering (Q&A) using documents is a commonly used application in various use cases like customer support chatbots, legal research assistants, and healthcare advisors... Retrieval Augmented Generation (RAG) has emerged as a leading method for using the power of large language models (LLMs) to interact with documents in natural language... In this collaboration, the AWS GenAIIC ...