Last week, major banks offered their forecasts for the U.S. stock market’s performance in 2026. They agreed share prices would continue to rise, though they differed over how much.
Tag: U.S. Economy
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CONSUMER SENTIMENT PERKS UP FROM DEEP LOWS
U.S. households were feeling a little better about the economy as December began, according to the University of Michigan’s monthly survey of consumer sentiment.
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U.S. REGULATORS DITCH RULES RESTRICTING RISKY LOANS BY BANKS
The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency have rescinded guidance instituted in 2013 to prevent banks from making “riskier loans to the buyout industry,” the Financial Times reported.
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SEPTEMBER’S INFLATION WAS LOWER THAN EXPECTED
The long-delayed report on September’s U.S. inflation rate showed core prices rose at an annual pace of 2.8 percent, 0.2 percent higher than in August and just below the 2.9 percent annual rate booked the month before.
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U.S. FACTORY PRODUCTION DECLINED AGAIN IN NOVEMBER
Overall business activity at U.S. factories slowed in November, according to the Institute for Supply Management’s (ISM’s) purchasing managers index.
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ECONOMIC UPDATE – MARKET OVERVIEW
Today, CNBC reported that “The recovery in commercial real estate has been slow and bumpy, much like interest rate policy over the past few years. The two, of course, are deeply connected.”
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UNHAPPY YEAR: MORE THAN A MILLION LAYOFFS IN AMERICA
Through November this year, U.S. companies have announced layoffs of 1.17 million workers, workforce consulting firm Challenger, Gray & Christmas reported.
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U.S. ECONOMY SHOWS WORRYING NEW SIGNS OF WEAKNESS
In September, American retail sales grew by just 0.2. percent, falling below economists’ forecasts and slowing sharply from previous months.
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LOW-INCOME AMERICANS “SCRAPING FOR CRUMBS” AMID AFFORDABILITY CRISIS
“It feels like everything is closing in around us,” Anissa Camacho, a 26-year-old florist in Bethlehem, Penn., told the Financial Times.
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ECONOMIC UPDATE – MARKET OVERVIEW
One of the latest on an economic downside in the U.S. is the Apartment List report showing that the median rent for apartments in what used to be “The Land of Opportunity,” fell 1 percent last month from October, and is down for the fourth month in a row.