artoleshko Debt levels are a big worry, with both presidential candidates adding trillions to the national deficit during their first terms in office. It’s a problem because measures like tax increases and spending cuts are not popular with voters who only consider four years at a time, while it canContinue Reading
olddays UBS assigned buy ratings to Royal Bank of Canada (RY)(RY:CA) and National Bank of Canada (NA:CA)(OTCPK:NTIOF) as it initiated coverage of Canadian banks, saying it’s “cautiously optimistic” about the Big Six group of lenders in the country. Canada’s macro picture looks “challenging” with slow economic growth, rising unemployment andContinue Reading
shaadjutt/iStock via Getty Images International headlines are coming out of France this morning after Marine Le Pen and Jordan Bardella’s National Rally scored a victory in the first round of legislative elections. The party and its allies were projected to have won 33% of the vote, compared to the 29%Continue Reading
Jun. 25, 2024 8:32 AM ETBy: Liz Kiesche, SA News Editor peterhowell/iStock via Getty Images May Chicago Fed National Activity Index (“CFNAI”): +0.18 vs. -4.0 expected and -0.25 in April (revised from -0.23). Three-month average (“CFNAI-MA3): -0.09 vs. -0.05 prior (revised from +0.01). Three of the four broad categories ofContinue Reading
