“Investors are beginning to kind of understand that. Second, and possibly more importantly, we are also seeing earnings estimates continue to come down, during this just concluded result season, we are in the last few days of it,” says Manishi Raychaudhuri, Veteran Investor In Asian Equities. First up, I want to get a broad sense … Read more
Wall Street analysts and economists have converged on a more turbulent near-term trajectory for the US economy. The outlook is bumpier than anticipated, with lower growth rates, greater inflationary pressures, and more complicated international economic and financial interactions. However, opinions still diverge sharply on the longer-term prospects, with some believing the US is sharpening its … Read more
Asian equities edged lower with US futures ahead of jobs data that will help shape the outlook for Federal Reserve interest rates. Shares in Australia and Japan fell, while those in South Korea were little changed. Contracts for the S&P 500 dropped for a second day after US trading was closed on Thursday to observe … Read more