The December numbers for the Caixin Manufacturing Purchasing Managers’ Index (PMI) were released today. They remained largely flat – a far better fate than the recent NBS PMI readings for China. The NBS China PMI December figures showed the third
January 2, 2024
Image Source: Unsplash The upcoming report from Constellation Brands (STZ – Free Report) is expected to reveal quarterly earnings of $3.04 per share, indicating an increase of 7.4% compared to the year-ago period. Analysts forecast revenues of $2.55 billion, representing an increase of
Image Source: DepositPhotosMarkets closed 2023 with the strongest rally for equities, bonds, gold, and cryptocurrencies in years. The level of complacency was obvious, registering an “extreme greed” level in the Greed and Fear Index.2023 was also an unbelievably bad year for
Image Source: Unsplash With 2023 behind us, what does a stellar “Santa Claus” rally tell us about what to expect? What about this year being a Presidential election year? These questions make it an excellent time to review our “investor resolutions.” However, before we commit
Data clearly suggested the upturn of the semiconductor cycle to be Korea’s main growth driver. But domestic growth deteriorated further due to tight credit conditions and risky real estate sector, weighing on overall growth. With inflation cooling to the 2%
We’re looking at the Euro on the monthly chart and what we’re seeing is a market that has been well bid in recent months.Video Length: 00:01:08More By This Author:A Round Of Profit Taking As New Year Gets Going US Dollar
The S&P 500 (Index: SPX) came close to reaching and surpassing its two-year-old record high of 4,796.56 from 3 January 2022 in the final weeks of 2023. Alas, the index fell short and closed out 2023 at 4,769.83, just 0.56% shy of
Image Source: DepositPhotosGold price (XAU/USD) kicks-off the 2024 year on a promising note, demonstrating a firm-footing on Tuesday amid prospects of a reduction in interest rates by the Federal Reserve (Fed) starting in March. Factors that are boosting rate-cut hopes are significant
Image source: Pixabay For quite a while there, you couldn’t go long without hearing about how the 2020s were about to repeat the 1970s. That was never any real risk, but why? What is inflation? Where does it come from (spoiler:
Image Source: Unsplash If you are a regular reader of my articles you are aware that I track the performances of 6 AI categories on a weekly basis and have just had my 2023 summary articles published on TalkMarkets. If you
