Catenaa, Wednesday, March 26, 2025- Barclays has slashed their year-end S&P 500 target to 5,900 with deteriorating economic data and reduced earnings power of the listed companies. Barclays Strategist Venu Krishna slashed his 2025 S&P 500 price target to 5,900 from 6,600 on Wednesday with deteriorating US economic data. The estimate cut reflects Barclay’s expectation […]
Catenaa, Thursday, April 24, 2025- US Federal Reserve sees no urgency in changing policy rates and seeks more clarity to determine the impact of Trump’s tariffs on the economy. Federal Reserve Governor Christopher Waller said in a Bloomberg interview on Thursday that given the tempo at which the Trump administration’s import taxes shift, it wouldn’t […]
Catenaa, Thursday, May 22, 2025- JPMorgan Chase Chairman Jamie Dimon said stagflation risk can’t be ruled out for the US economy as the country faces huge risks from geopolitics, deficits and price pressures. Speaking to Bloomberg on the sidelines of the lender’s Global China Summit in Shanghai on Thursday, he said they don’t agree that […]
Catenaa, Thursday, May 15, 2025- US Federal Reserve Chair Jerome Powell said on Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, with economic uncertainty. “A critical question is how to foster a broader understanding of the uncertainty that the economy generally faces,” Powell said in his […]
Catenaa, Monday, March 10, 2025- US President Donald Trump refused to rule out a recession from his planned tariffs as the US economy is in a period of transition. In an interview with Fox News on Sunday, the president said his plans for bigger “reciprocal” tariffs will go into effect on April 2. The White House had […]
Catenaa, Wednesday, May 28, 2025- The United States’ national debt has surged past $36 trillion, prompting renewed warnings over the country’s long-term fiscal health as lawmakers advance proposals that could deepen the deficit further. On Sunday, a key congressional committee approved legislation to extend President Donald Trump’s 2017 tax cuts -a move that could add […]