While the stock market has been pricing in a “soft-landing” scenario, a blowout jobs report, relatively strong corporate earnings, and Federal Reserve Jerome Powell’s recent comment may point to the possibility of “no landing,” where the economy is resilient while inflation stays above-trend.
With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit.
The data suggest not one but two risks that could give the White House headaches in the months leading up to November.
The artist, who has three nominations this year, partnered with Buffalo Trace Distillery on Traveller Whiskey