US Economy

Treasury Yields Edge Higher as Investors Grapple with Mixed Economic Signals

Treasury yields edged higher last week, reflecting investor uncertainty amidst mixed economic data and anticipation of the Federal Open Market Committee's (FOMC) upcoming policy decision, says Raymond James in its latest report. Yields on the intermediate to long end of the curve rose between 3 and 6 basis

Oil Price Outlook: Upside Risks Dominate, Says World Bank

Despite a moderate price increase projected for 2024, the World Bank's latest report on the global crude oil market warns of significant upside risks that could send prices soaring. Escalating geopolitical tensions, particularly in the Middle East, and potential disruptions to North American oil production are identified as
Oil Price Outlook: Upside Risks Dominate, Says World Bank

Global Economic Expansion Broadens, But US Growth Slows: S&P Global

The global economic expansion is becoming increasingly broad-based, with Europe and Japan showing signs of accelerating growth, according to the latest Flash PMI data compiled by S&P Global. However, the US economy appears to be bucking this trend. It is experiencing a slowdown in growth and a decline
Global Economic Expansion Broadens, But US Growth Slows: S&P Global

US Labor Market Braces for Mid-Cycle Slowdown

The US labor market is poised to enter a slowdown in the coming months, according to an analysis published by Goldman Sachs last week. The bank cites declining temp penetration, a leading indicator of broader labor market trends, as evidence of the impending slowdown. "With increasing instances of hiring

Corporate Credit Spreads Remain Tight

Corporate credit spreads widened slightly during the last weekly period, but remained tight overall. This indicates that market participants remain confident in the creditworthiness of borrowers and view the overall economy favorably, according to a report by Moody's Analytics. Moody's Ratings long-term average corporate bond spread
Corporate Credit Spreads Remain Tight

China Real Estate: Multi-Year Adjustments Needed, RBC Predicts

China's housing market is grappling with significant issues that could hinder the country's economic growth for years to come, according to a memo by Royal Bank of Canada (RBC). Affordability of Chinese Real Estate A key concern highlighted by the asset management firm is affordability. Housing
China Real Estate: Multi-Year Adjustments Needed, RBC Predicts

Global Economy Shows Signs of Sustained Growth, But Inflation Concerns Remain

The global economy is picking up steam according to a report by S&P Global. The latest Purchasing Managers Index (PMI) data from S&P Global reached 52.3, a nine-month high, indicating a broad-based recovery across sectors and regions. "This suggests a sustained and positive outlook

BOJ Chief Signals Rate Hikes If Inflation Persists

Bank of Japan Governor Kazuo Ueda has indicated that the central bank will likely raise interest rates if underlying inflation continues to rise. Speaking at a think tank event in Washington, Ueda acknowledged the challenges of determining the appropriate level of interest rates as Japan has not experienced a sustained

Moody's Analytics: ECB Rate Cut on Track for June

Moody's Analytics expects the European Central Bank (ECB) to implement its first interest rate cut in June, despite persistent inflation within the services sector, according to a research report published on Thursday. While acknowledging the need for further data to solidify the decision, the research firm suggests the

The Crisis of Aging

Author: Bruce Liegel The birth rate has been collapsing almost everywhere, with the exception of a few countries. Chart 1 below shows the global fertility rate, with the majority of the world at less than two live births per woman or the replacement level. Where this begins to really impact
The Crisis of Aging