Q2 Earnings Season Wraps Up with Mixed Results and AI-Driven Shifts The second quarter earnings season is drawing to a close, delivering a largely positive set of results for Corporate America. Over 92% of S&P 500 companies have reported, with earnings per share projected to rise by 11% compared to …
Read More »PCE Report Looms as Inflation Stays Hot
Inflation likely remained higher than the Federal Reserve’s target in July, according to a survey of economists. The widely watched report from the Bureau of Economic Analysis is expected to show that consumer prices, as measured by the Personal Consumption Expenditures (PCE) index, rose by 2.6% over the past year—the …
Read More »Is the U.S. Economy Able to Survive a $37 Trillion Debt Bubble?
A curious paradox exists in modern economic reporting: rising consumer debt is often presented as a sign of economic confidence. Analysts and media outlets frequently cheer as households borrow more, framing it as a signal of optimism and a willingness to spend. However, a closer look at the data reveals …
Read More »Can Upcoming Inflation Data Stop the Yen’s Surge Against the Dollar?
The Japanese Yen is on a winning streak, pulling the USD/JPY currency pair below the key 147.00 psychological level. This recent slide is driven by a surprising tug-of-war between two of the world’s most influential central banks. While strong US economic data might suggest a robust dollar, the currency is …
Read More »Political Tensions Drive Gold to a Five-Week High Above $3400
Gold prices have surged, reaching a five-week high above $3,400, as market attention shifts from robust economic data to rising political uncertainty surrounding the Federal Reserve. Despite strong indicators of a resilient U.S. economy, safe-haven demand for the precious metal is dominating market sentiment. The rally is being fueled by …
Read More »Fed’s Lisa Cook Takes Trump, Powell to Court on Firing Decision
A recent lawsuit filed in federal court is challenging President Donald Trump’s decision to fire Federal Reserve Governor Lisa Cook. The lawsuit names both the president and Fed Chair Jerome Powell as defendants.Cook’s lawsuit argues that the president’s action was “unprecedented and illegal” and that there was no “cause” for …
Read More »U.S. Economy’s Unexpected Surge: Defying Tariffs and Higher for Longer Interest Rates
The U.S. economy is proving to be far more resilient than initially thought. Recent data from the Bureau of Economic Analysis shows a significant upward revision to the second-quarter growth rate, with the Gross Domestic Product (GDP) now estimated to have grown at an annual rate of 3.3%. This figure …
Read More »Unexpected Rise: Pound Defies Strong US Economy as Inflation Looms
The British Pound is on the move, gaining against the US Dollar despite strong economic signals from the United States. While US GDP growth smashed expectations, a cooling labor market and persistent inflation in the UK are giving the pound an edge. This unexpected dynamic has many analysts questioning why …
Read More »US Jobless Claims Show Slight Decline, Indicating Continued Labor Market Strength
According to the US Department of Labor (DOL), initial unemployment claims fell to 229,000 for the week ending August 23, slightly below forecasts of 230K and down from the revised 234K the previous week. The 4-week moving average rose 2,500 to 228,500, reflecting a minor short-term uptick. Continuing claims decreased …
Read More »U.S. GDP Growth Surpasses Expectations in Q2
The U.S. economy expanded at an annualized rate of 3.3% in Q2, according to the Bureau of Economic Analysis (BEA), exceeding both the initial estimate of 3% and the market expectation of 3.1%. Revision Details: Upward revisions in investment and consumer spending contributed to the stronger growth. Government spending was …
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