Hints and tips:
...“Markets are now pricing with a lag a recession in Germany, right when the data are pointing to a rosier scenario,” said Agnès Belaisch, chief European strategist at the Barings Investment Institute....
...Global economy The “sugar rush” from the Federal Reserve’s new rosier outlook for the US economy hides fears about scarring from the pandemic once the immediate stimulus jolt fades, says Washington bureau...
...Steven Mnuchin, the Treasury secretary, has asked the Fed to return unused funds from five such programmes that are set to expire at the end of the month, including two set up to purchase corporate debt,...
...Kohl’s issued a rosier earnings outlook alongside upbeat earnings earlier this morning sending its shares higher in pre-market trade....
...Our caution may seem at odds with much of the summer data, including manufacturing and employment reports, which paint a rosier picture and have pushed many forecasts of 3Q2017 GDP growth to 2.25%....
...US data released on Tuesday painted a slightly rosier picture, however....
...Steven Ricchiuto, chief US economist of Mizuho: The tone of the statement was also a bit hawkish with the emphasis on the tightening labour market and inflation being highlighted....
...A separate report from the Conference Board showed that consumer sentiment was lifted in early October by rosier outlooks for the next six months....
...While the current situation is rosier at the retailer than it has been for a while, the political and economic outlook remains murky....
...Director Steven Soderbergh isn’t altogether with it either....
...“At the moment…there’s a lot of wait and see,” said Hall Wilkie, president of Brown Harris Stevens, a broker....
...But, from an economic standpoint, the view is slightly rosier....
...US Treasuries ended 2006 on a downbeat note after a series of year-end data painted a picture of the world’s largest economy that was rosier than some investors had thought....
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