US reindustrialization will be the top investment theme of coming decades, RBA says
RBA says energy and utility infrastructure, transportation, and real estate are top sectors within the theme of US reindustrialization.
U.S. economy
Home prices have risen more than double the pace of inflation since the 1960s
"If home prices had merely kept pace with inflation, the median home would cost only $177,500 today — compared to the $431,000 it actually costs."
US stocks trade mixed as fresh inflation data comes in hotter than expected
"If we see continued strength in the inflation data, it's possible that the Fed could push its rate cuts into 2025."
US stocks surge in tech-led rally after red-hot jobs report
Meta's stock surged by 20% on Friday, and strong jobs data fueled investors with optimism around the health of the US economy.
These are the 50 best stocks to buy now as the downturn ends and the US economy begins to recover, according to Bank of America
The US economy is entering a recovery phase, which is when cyclical stocks tend to outperform the rest of the market, according to Bank of America.
The US just imported its smallest share of Chinese goods in 17 years — and the big winners are Mexico and Vietnam
US' share of imported goods from China was 14.6% in the 12 months through July 2023, down from a 21.8% peak prior to an intensifying trade war.
Americans are exhausting their excess savings — and could run out of funds this quarter, Fed study says
"There is considerable uncertainty in the outlook, but we estimate that these excess savings are likely to be depleted during the third quarter of 2023," Fed researchers said.
Wharton professor Jeremy Siegel warms up to the Fed after giving it a D grade in its inflation fight – and doesn't see the US slumping into recession this year
The top economist highlighted "amazing resilience" in the US economy and doesn't think a recession will hit the US economy for the rest of 2023 and early 2024.
Bill Ackman says he's betting against 30-year Treasurys as a hedge against stubbornly high inflation
"The best hedges are the ones you would invest in anyway even if you didn't need the hedge. This fits that bill," Bill Ackman said.
The much-predicted recession may not happen at all
"As things cool down with the Fed rate hikes, we're just not likely to tip over into recession," Morgan Stanley's Seth Carpenter said. Here's a selection of bullish takes on the economy from prominent voices.
Fed minutes offered zero sign of dovishness - and higher interest rates are a 'silent killer' to US economic growth, Bleakley CIO says
"This is a silent killer, in my opinion, to economic growth," Peter Boockvar said of the Fed's interest-rate increases.
Fed's Powell says inflation isn't returning to 2% this year or next - suggesting investors should prepare for more interest-rate hikes
"I don't see us getting back to 2% this year or next year," said the Fed chair - suggesting the central bank's fight against inflation is far from over.
'Dr. Doom' Nouriel Roubini says the US is bound for recession - thanks to high interest rates, sticky inflation and a credit crunch
Dr. Doom economist Nouriel Roubini keeps pounding the recession alarm – stressing that higher interest rates, sticky inflation and a credit crunch are punishing the US.
'Rich Dad Poor Dad' author Robert Kiyosaki warns the economy is headed for 'crash landing' - says investors should buy bitcoin, gold
Robert Kiyosaki warned the US economy is heading for a severe downturn, saying investors should buy bitcoin, gold and silver.
US inflation just hit the lowest in almost 2 years, throwing further Fed rate hikes into question. Here's how President Joe Biden, Paul Krugman, David Rosenberg, and 4 others reacted.
Investors have cheered the latest CPI print which showed US inflation slowed to 4.9%, while some experts remain wary. Here's how 7 leading voices have reacted.
A US debt default will have 'unquantifiable' adverse consequences and unthinkable long-term implications, Wall Street experts warn
In a letter addressed to Treasury Secretary Janet Yellen, the 17-member group made the case for possibly repealing the US debt limit altogether.
The US economy is barreling toward a 'student loan cliff' as borrowers may soon owe $18 billion in monthly repayments, Jefferies analyst says
The US economy is barreling toward a 'student loan cliff,' with a moratorium on repayments set to end this year, according to Jefferies.
A credit crunch is coming for the US that'll tip the economy into recession, 'Dr. Doom' economist Nouriel Roubini warns
"Dr. Doom" Nouriel Roubini said a "good chunk of the US banking system" will face a serious credit crunch that'll likely trigger a recession.
Powell's Fed may be remembered not for conquering inflation but for undermining its own credibility, Mohamed El-Erian says
"My worry is that it may end up being remembered in a category of its own, as the Fed that undermined its own credibility," Mohamed El-Erian said.
The bond market is flashing a storm warning for the US economy, says Wall Street analyst Jim Bianco
The yield on the 10-year US Treasury note has fallen to its lowest level since September - and that's a bad sign for the US economy, according to Jim Bianco.