Also, the S&P Global measure of selling prices registered the weakest growth since May 2020, dragged down by service providers.
The speculative boomlet stands in contrast to the broader stock market which so far is ignoring the election.
Fidelity and BlackRock's spot bitcoin ETFs have taken 70% of the inflows into the new products.
Another year of solid growth would likely cement the elusive “soft landing” sought by Federal Reserve officials.
Employees are checking out post-pandemic in a massive hit to productivity, according to research by Gallup.
The Federal Reserve could begin easing by March, he said.
The central bank should lower interest rates over the next six to 12 months, he said.
Executives at major investment firms with almost $2 trillion discuss where they plan to put their money in 2024.
Investors need to keep their eye on establishing sustainable, long-term investments with reliable cash flows.
During the pandemic, a lot of Americans had to stay home--and many discovered that they preferred staying in to going out.
AI technology has long been perceived as a possible threat to human workers.
Cohen & Steers introduced the tool to show how a portfolio can perform with real estate allocations.
Uranium was among the best-performing assets in 2023.
Overall, firms noted an easing in inflationary pressures in recent weeks.
He suggested rates could go down sooner if inflation falls faster than expected.
This time around, quantitative tightening needn't destabilize money markets.
Traders said retail sales have been too buoyant to figure in fast rate cuts in the short term.
The veteran investor is well known in the industry for his annual financial predictions.
The conflicts have replaced inflation as the top concern among investors.
Most likely, the deficit and debt will continue to worsen, gradually adding to the underlying level of real interest rates.