With 2025 on the horizon, investors are sharpening their focus on the year ahead, selecting portfolio additions that aim to bring solid returns. “There is reason to be bullish,” says Jordan Jackson, a JPMorgan strategist covering the markets. He highlights positive trends in inflation and interest rates, noting that consumer spending is likely to respond in kind. “I think over the course of next year, we should continue to see consumers start to feel a little bit more confident about their walle
Charting the Global Economy: US Inflation Progress Stalls
(Bloomberg) -- US inflation is proving stubborn while consumer spending shows scant signs of any concerning slowdown, laying the groundwork for a more cautious approach to interest-rate cuts from the Federal Reserve.Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftUnder Trump, Prepare for New US Transportation PrioritiesNYC Congestion Pricing Plan With $9 Toll to Start in JanuaryZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $
What Analysts Think of Walmart's Stock Ahead of Earnings
Walmart is set to report earnings before the market opens Tuesday for the third quarter of fiscal 2025, with analysts expecting improving sales as Walmart continues to expand its customer base.
2024 FBS Summit: Hong Kong confab of family businesses talk about AI, geopolitics, markets
More than 100 of the world's wealthiest business owners gathered in Hong Kong this weekend, as the city stepped up its appeal to be the Asia-Pacific region's wealth management and family office hub. Business owners from the US, Europe, the Middle East, Southeast Asia and mainland China joined their Hong Kong counterparts at the principals-only 2024 Family Business Summit, organised by South China Morning Post and Blue Pool Capital with JPMorgan as the presenting partner. "Family businesses form
3 Ways the Trump Administration Could Change the Future of Crypto
Promises made by Donald Trump on the campaign trail could lead to major changes for the crypto industry in 2025.
The stock market's Trump honeymoon is turning sour
More than half of the stock market's post-Trump-election rally has been erased.
Alaska political leaders hope to see Trump undo restrictions on oil drilling
President-elect Donald Trump promised repeatedly during his campaign to expand oil drilling in the U.S., which is good news for political leaders in Alaska, where oil is the economic lifeblood and many felt the Biden administration has obstructed efforts to boost the state's diminished production. A debate over drilling on federal lands on Alaska's petroleum-rich North Slope will likely be revived in the coming months, particularly in the Arctic National Wildlife Refuge, which environmentalists have long sought to protect as one of the country's last wild places.
Health stocks are tumbling after Trump's appointment of vaccine skeptic RFK Jr.
Vaccine stocks have struggled since RFK Jr.'s appointment to health secretary, with Moderna and Pfizer seeing the deepest losses.
3 developments that could derail the stock market's post-Trump sugar high, BofA says
Though Bank of America expects continued stock market upside, three risks could upend the rally.
5 charts showing Trump's immense postelection market impact
Large-cap stocks just saw their biggest-ever week of purchases, according to Bank of America data.