Tag: us economy

The S&P 500 is just 1% away from its all-time high, while the Dow Jones Industrial Average is 2% away from its all-time high.

On October 18, CNBC reported Bill Gross top picks. His top stock picks were Annaly Capital (NLY), Invesco (IVZ) and Allergan (AGN).

Moody’s Analytics sees a good chance for President Donald Trump's reelection. Its models suggest that his chances depend on three economic conditions.

On Thursday, Ray Dalio expressed concerns about the length of the current business cycle. He was speaking at IMF's Annual Meeting 2019.

Economist Robert Shiller isn't convinced with decade-low US unemployment data. Last month, unemployment data hit a 50-year low.

On Tuesday, Fed Chair Jerome Powell expressed willingness towards interest rate cuts amid the slowdown. So far, the Fed has cut the rates twice this year.

The Fed's stance for upcoming interest rates will be clear when it releases the September meeting minutes on Wednesday. Policymakers seem to be divided.

September's unemployment rate dipped from 3.7% to 3.5%—the lowest rate since December 1969. The labor force participation rate was stable at 63.2%.

Today, the ISM released its nonmanufacturing purchasing managers' index data—also known as the services PMI—which came in below market expectations.

On September 30, Jeffrey Gundlach talked to Fox Business and shared his views on the US economy, the 2020 presidential election, and the recession outlook.