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Big declines in the stock market don't necessarily mean
there's a recession. The stock market is not the economy... |
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00:01 -
08/02/24 |
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Regional bank sentiment is becoming exhaustively low,
according to Goldman |
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The average interest rate on 48-month new car loans in the
US has moved up to 8.51%. That's the highest we've seen
since 2001. |
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Central bankers around the world had begun preparing for
rate cuts on the back of steadily weakening inflation. But
as the US jobs numbers demonstrate, hot labour markets are
the biggest potential barrier to them hitting their 2%
inflation goals |
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Yet another oddity in current labor market: full-time
employment has plunged by nearly 1.4 million people over
past three months … rolling 3m change of that magnitude is
rare going back in history |
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