A rolling recession in the economy is turning into a rolling recovery that should help limit downside in the stock market
He pointed out that the National Association of Home Builders/Wells Fargo Housing Market Index, which has soared 77% since December, is now above the neutral level of 50 for the first time since July 2022, indicating that a shortage of existing homes is boosting demand for new ones.
Other areas of the economy hinge on the strength of the consumer, and while many expect consumers to spend down their excess savings by the end of the year"We don't agree. We expect goods demand to start growing again later this year once it returns to its pre-pandemic uptrend. We also expect that consumers will have enough purchasing power to keep the economy growing," he said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Adobe's AI-driven stock rally can keep rolling, analyst says in upgradeAdobe shares have marched more than 30% higher over the past month, but one analyst thinks the company can continue to ride the artificial-intelligence wave.
Les mer »
2 in custody after rolling gun battle near San Francisco's Pier 39, supervisor saysBREAKING: Two people have been arrested in connection to what's being described as a rolling gun battle between two cars near San Francisco's Pier 39, a supervisor said on Monday.
Les mer »
Rolling Hills Estates teen publishes children’s book after COVID-19 hearing lossAfter partially losing her hearing, this Chadwick tenth grader put her anger and energy into publishing a children’s book about valuing people for their differences.
Les mer »
Investigation continues into rolling gunbattle near Pier 39 in San FranciscoSan Francisco investigators are still trying to sort out the details of a rolling gunbattle that erupted on Father's Day near Pier 39, leaving two people shot and at least four others injured in multiple scenes along the Embarcadero.
Les mer »
Witnesses describe mayhem of rolling gun battle along San Francisco's EmbarcaderoFor people who work in the area, a gun battle along San Francisco's Embarcadero on Father's Day was a harrowing event that's brought new worries to the busy waterfront.
Les mer »
Update: 1 arrested, 1 detained following rolling gun battle along San Francisco waterfrontTwo people were in custody following a rolling gun battle along the San Francisco Embarcadero waterfront early Sunday evening in which two people were shot near Pier 39 and four others injured.
Les mer »