The Global X ETFs November 2023 Consumer Pulse Survey: Holiday Spending reveals some interesting insights into consumer spending habits during the holiday season.
The recent earnings reports from major cybersecurity companies have shown promising growth, with many beating consensus expectations. This trend is expected to continue, driven by the increasing demand for cybersecurity solutions and the growing need for organizations to protect themselves against cyber threats.
The recent rally in the stock market can be attributed to a better-than-anticipated consumer inflation number, which sent bond yields sharply lower and ignited a powerful rally.
The real estate market is poised to benefit significantly as inflation cools and the Fed begins cutting interest rates next year, leading to increased building, improved affordability, and a recovering volume of transactions.
Gold saw a significant turning point in October, with the spot price rising 7.32% in the US$/oz, the largest monthly gain since March 2023.
Markets are on perpetual watch for an appearance of Goldilocks, and she might have made an appearance this morning.
Despite signs of a cooling labor market, with employment data showing a lower-than-expected growth in new private sector jobs and an uptick in the unemployment rate, the market remains optimistic about the future.
The use of AI in healthcare operations can bring significant cost savings across the ecosystem, with private insurance firms, physician groups, and hospitals all poised to benefit.
The job market may be slowing, but manufacturing continues to contract, with ISM's Purchasing Managers' Index falling to 46.7. What's next for the economy?
Mixed economic data are marginally improving investor sentiment despite lackluster earnings reports following strong equity market gains yesterday. However, stocks are on track to close out October firmly in the red.
Stocks retreated last week despite mostly better-than-expected earnings results, with investors troubled by declines in year-over-year net profit margins and tepid earnings guidance.