Tag: Economy

Goldman Sachs just made it official: The pain at the pump is not going away anytime soon. The bank now expects Brent crude to average above $100 a barrel in March and $85 in April, a dramatic upward revision driven by the deepening crisis at the Strait of Hormuz…

During my many years of reporting and writing about real estate trends and other finance topics, including mortgage rates and the housing market in general, I’ve recognized the importance of paying close attention to numbers and statistics that wildly diverge from economic norms. Real estate …

Serbia’s central bank holds key rate at 5.75%, flags Middle East risks

With Nvidia’s flagship GPU Technology Conference (GTC) just days away, Bank of America is telling investors exactly what to watch and why the stock’s current valuation may not reflect what is coming. Analyst Vivek Arya reaffirmed a buy rating on Nvidia (NVDA) with a $300 price target ahead of the …

Wall Street’s biggest bank is not telling investors to panic. But it is telling them to brace for more turbulence before things get better. Mislav Matejka, JPMorgan’s head of global equity strategy, warned in a note to clients that equities could face additional short-term weakness before …

The stock market appears to be in the middle of a reset, but Bank of America feels investors shouldn’t expect a major rebound just yet.  BofA’s chief investment strategist, Michael Hartnett, argues that the conditions that usually signal the end of a brutal market correction are only partially …

From 1776 to 2026: Adam Smith’s lessons for the global economy

The global economy looks resilient, but the energy shock from the Iran war could flip the script, including for the U.S., which is still battling inflation in the final stretch. In a sitdown interview with Bloomberg, International Monetary Fund (IMF) Managing Director Kristalina Georgieva dropped a …

Jean Chatzky wants you to succeed in planning finances for the long term. She’s got a way of putting her advice in a succinct way. “Get out of your own way,” she says. In my many years of reporting on personal finance challenges Americans face, that recommendation stands out as a blunt — but …

War headlines have a way of sending investors running for the exits. Oil spikes, markets sell off, and the panic feels entirely rational in the moment. But JPMorgan has a message that might surprise you. In its geopolitical market analysis, the bank argues that concerns about war’s lasting impact …