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In today's market environment of precipitation appeared. Sensex & Nifty green today after many days closed. The Sensex closed at 26631.29 up 138.78 points, while nifty index at 7975.50 gained 42.60 points.The BSE Sensex index was closed up...Today ...
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“The demand for labor in the services sectors will likely be strong for the foreseeable future as consumers recalibrate spending habits to pre-pandemic norms,” he wrote. “The tight labor market could push the Fed to hike rates by 0.50% at the next meeting since services inflation ex housin...
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Zaccarelli said that it’s no surprise the market has performed well this year, in hindsight, given the strength of the economy and corporate profits. “We do think investors are being too sanguine about the recession risk on the horizon,” Zaccarelli said. “But given that we are in th...
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“The broader stock market (i.e., small cap stocks, cyclical sectors, international stock markets and emerging stock markets) is increasingly participating more pronouncedly in this rally suggesting the recession is ending,” Paulsen added.