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Economic events

JPMorgan, Citi, and Goldman Sachs Reduce China’s GDP Forecast Multiple Times in 2021

by Adrian Jhonsan
JPMorgan, Citi, and Goldman Sachs Reduce China’s GDP Forecast Multiple Times in 2021

Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters BEIJING – International investment firms have changed their China GDP …

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Categories World

An Open Discussion on the Dow Jones Industrial Average

by Milton Acorn
An Open Discussion on the Dow Jones Industrial Average

Traders work on the floor of the New York Stock Exchange during afternoon trading on July 18, 2023 in New York City. Michael M. Santiago | Getty Images News | …

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Categories Science

Morgan Stanley attributes stronger GDP growth to Bidenomics

by James Odonell
Morgan Stanley attributes stronger GDP growth to Bidenomics

U.S. President Joe Biden gives a thumbs up as he walks with first lady Jill Biden to Marine One on the South Lawn of the White House July 14, 2023 …

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Categories Politics

Amid Low Poll Numbers, White House Ramps Up Bidenomics Efforts

by James Odonell
Amid Low Poll Numbers, White House Ramps Up Bidenomics Efforts

US President Joe Biden speaks about his economic plan “Bidenomics” at the Philly Shipyard, in Philadelphia, Pennsylvania, on July 20, 2023. Mandel Ngan | AFP | Getty Images President Joe …

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Categories Politics

Turkey’s central bank raises interest rate to 17.5%, but falls short of expectations

by Adrian Jhonsan
Turkey’s central bank raises interest rate to 17.5%, but falls short of expectations

Turkey’s Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. Sopa Images | Lightrocket | Getty Images Turkey’s central bank on …

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Categories World

July sees an increase in homebuilder sentiment, yet high mortgage rates dampen growth

by Craig Fedirighi
July sees an increase in homebuilder sentiment, yet high mortgage rates dampen growth

Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo Housing Market Index. It marks the …

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Categories Business

Goldman Sachs reduces possibility of a U.S. recession within the next year

by Adrian Jhonsan
Goldman Sachs reduces possibility of a U.S. recession within the next year

Skyline of lower Manhattan and One World Trade Center in New York City and the Water’s Soul sculpture on July 11, 2023, in Jersey City, New Jersey. (Photo by Gary …

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Categories World

China promises to enhance and broaden consumption for economic growth

by Adrian Jhonsan
China promises to enhance and broaden consumption for economic growth

China’s top economic state planner vowed Tuesday to “restore and expand” consumption in a wide-ranging plan to bolster growth in the world’s second-largest economy Fred Lee | Getty Images News …

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Categories World

Wall Street downgrades as fears of Chinese deflation compound growth concerns

by Adrian Jhonsan
Wall Street downgrades as fears of Chinese deflation compound growth concerns

Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more evidence that the stall in …

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Categories World

Increasing Numbers of Americans Choosing Spain as Their New Home, Despite Expensive Real Estate Costs

by Monica Lozano
Increasing Numbers of Americans Choosing Spain as Their New Home, Despite Expensive Real Estate Costs

The popularity of Spain among Americans is increasing, with more individuals relocating to the country as digital nomads or for retirement. According to the General Council of Notaries in Spain, …

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Categories Travel
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