Sunil Sahil
The US economy is still impressive. And we believe there is a clear-cut, foundational narrative that explains why we are in the position we are in as of July 2023. Consumer sentiment has improved recently, according to Liz Young, head of investment strategy at SoFi, who spoke to Yahoo Finance Live on Tuesday. “The market … Read more
Hong Kong and Shanghai made progress. Tokyo backed off. Prices for oil fluctuated. The Bank of England on Thursday increased its main lending rate to a 15-year high and signalled that it would stay high for some time, which caused a 0.3% decline in the benchmark S&P 500 index on Wall Street. Investors were alarmed … Read more
Following the announcement of enhanced anti-spying regulations by the administration of Chinese leader Xi Jinping, which left businesses confused of their rights, Mintz Group was one of a number of international consultants that were raided beginning in April. Mintz Group engaged in “foreign-related statistical investigation activities without obtaining approval,” according to a notification posted on … Read more
According to Morgan Stanley strategists led by Michael Wilson, one explanation is that a “sell-the-news” mentality has taken hold in the wake of second-quarter earnings, potentially dampening price growth. It is “very challenging for us to be bullish on the (S&P 500) index.” Investors have been alarmed by a recent rise in bond yields, which … Read more
Reuters: NEW YORK The riskier parts of the market are trembling as a result of rising U.S. Treasury yields, and investors are unsure how much damage this will do to the surge that has boosted everything from equities to bitcoin this year. Treasury yields this month reached their highest levels since 2007. Strong economic growth … Read more
Reuters: NEW YORK According to Goldman Sachs, the significant rise in investor equity allocations to U.S. stocks since the beginning of the year has more opportunity to grow before going above historical norms, indicating that the bull market may still have more gas in the tank. GS strategists stated in a note on Monday that … Read more
While stalwart equity bear Michael Wilson of Morgan Stanley predicts that sentiment will deteriorate further if investors begin to “question the sustainability of the economic resiliency,” David Kostin of Goldman Sachs Group Inc. believes there is still room for investors to increase exposure if the economy continues to be headed for a soft landing. After … Read more
The National Federation of Independent Business conducted a survey in July that was primarily concerned with how small businesses felt about banking and their credit needs. The results revealed that small businesses are much less concerned about the health of their bank than they were in the immediate wake of this spring’s bank failures, including … Read more
The economic narrative for 2023 has centred on lowering inflation and faster-than-expected economic growth preventing a recession in the US. Despite the fact that the economy is dealing with the highest interest rate environment in more than 20 years, this is the case. But as 2024 draws closer, the stronger-than-anticipated consumer could prevent more encouraging … Read more
You’ll probably need to obtain financing while buying a home. One of the most important things to consider before visiting a lender to apply is the amount of interest you will have to pay on your mortgage. How is the interest rate on your mortgage determined?The interest rate that you will be required to pay … Read more
