The real story behind the recent stock-market rally is of a “meh” economy, not an assumption that an economic boom is on the way
The more things change, the more they stay the same. The world economy has slowed sharply, central banks are worried enough that easing is back on the agenda, yet U.S. stocks this week broke above their September high.
What gives? In a word, Goldilocks. The economy is warm enough that fears of an earnings-crushing recession have gone away, but cool enough that the Federal Reserve won’t raise rates any time soon.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks rally again to record highs as earnings smash expectations — 'Is it different this time?'Better-than-expected earnings unleashed a wave of optimism in the US, sending the S&P 500 to its 'third big high.' Asia and Europe weren't as upbeat.
Read more »
These stocks are the biggest winners in the market's incredible rebound back to a recordStocks have come all the way back, ending one of their fastest and fiercest round trips in history. Here are the front-runners in this epic comeback.
Read more »
Stock market fails to extend climb to records as energy-sector retreat weighsThe S&P 500 and the Nasdaq Composite indexes on Wednesday failed to extend their climb into record territory as a pullback in the mostly buoyant energy...
Read more »
Russia's Stock Market Keeps Breaking RecordsImagine if Russian sanctions were removed? If Trump threatens Europe with a trade war over autos, Europe could conceivably ditch Washington's sanctions program.
Read more »
Russia's Stock Market Keeps Breaking RecordsImagine if Russian sanctions were removed? If Trump threatens Europe with a trade war over autos, Europe could conceivably ditch Washington's sanctions program.
Read more »
Stock market records, Amazon's visit to Madison Avenue, and mental-health startupsThe stock market is enjoying its best start to a year since 1987. The US economy blew past growth expectations in the first quarter. And yet.
Read more »
3M’s stock on verge of worst day since 1987 stock-market crashShares of 3M Co. plunge toward biggest one-day decline in over 30 years, after the industrial, health care and consumer products company reported missed...
Read more »
INTC Stock | INTEL Stock Price Today | Markets Insider
Read more »
3M’s stock suffers worst day since 1987 stock-market crashShares of 3M Co. ring up the biggest one-day decline in over 30 years, after the industrial, health-care and consumer products company missed profit and...
Read more »