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More downgrades. This time not on the sovereign but u. S. Banks, 10 downgrades overnight. Tom there is a bank story in italy as well. That is the economic thing to look at. Overwhelming everything here this morning led by the news out of china is it is deflation tuesday. Im looking at the screen and i have not seen that screen in 4, 5, six years. Jonathan dreadful. Tom we were out in front of the story, there is deflation in the air. I can bore you with eight ways, all you have to do is say even oil breaks down. Jonathan every time i get data out of china, it is downside surprise. Lisa one interesting area, the divergence between the u. S. And china has been accelerating. What you have seen with respect to the u. S. Dependence on china is it is decreasing even though in europe it is not. I wonder how much those stories are linked. The underperformance of germany and the outperformance of the United States. Tom the banks have to dea ....
Despite voters often thinking the economy performs better under their preferred candidate—thus potentially impacting their choices—Wall Street experts outline this is likely not true. ....
In this article, we will take a detailed look at the Reddit’s WallStreetBets is Buying These 13 Stocks for 2024. For a quick overview of such stocks, read our article Reddit’s WallStreetBets is Buying These 5 Stocks for 2024. Stocks are taking a breather on December 20 as investors step back and process the Fed’s possible path towards […] ....