Economic Outlook for 2024
The latest forecast from top economists suggests that fears of a recession in the first half of 2024 have dissipated significantly. Compared to the previous survey, the likelihood of negative…
Unemployment in Eurozone Shows Signs of Increase
Unemployment in the eurozone has risen slightly from record lows in September, indicating that the labor market is starting to loosen. This comes as higher European Central Bank interest rates…
Consumer Outlook Brightens as Economic Data Shows Positive Signs
Retailers and other consumer companies experienced a boost in the market, with consumer discretionary stocks leading the charge. This surge was fueled by a series of positive economic data. One…
Labor Market Recoveries Mixed as NFP Jumps by a Below-Estimate Rate of 235,000
(BLS) Nonfarm payroll employment increased by 235,000 in August, less than the expected jump of 750,000, with the spread of Delta variant weighing on hiring. The unemployment rate only fell…