China's retail sales grew last month at their slowest pace in nearly three years, official data showed Monday, underlining the tough battle leaders face in kickstarting consumption in the world's number two economy.
So what about our April 7 anniversary date? Dow gapped up on the other side of it. I had expected the bounce to continue last week. The amplitude I wasn’t sure of but now we’ve reached a very important inflection point.
Two major reporters: BAC (EPS $1.11 beat $1.01, NII +9%, every segment grew, net income +17%) and MS (EPS $3.43 crushed $3.02 by 13.6%, record revenue $20.6B, record equities trading $5.15B, ROTCE 27.1%, stock +4.3%).
Mortgage rates and inflation are expected to remain elevated through 2026 as pressures tied to geopolitical tensions keep Federal Reserve rate cuts on hold. That’s according to Mike Fratantoni, chief economist and senior vice president of research and business development at the Mortgage Bankers Association (MBA). Speaking during an
The International Monetary Fund (IMF) has forecasted a 4.1 per cent growth for Nigeria in 2026. This is even as global growth remains weak. In [...] Read Full Article →
