(Bloomberg) Investors anticipating blockbuster profits in 2024 will be disappointed, according to Bloomberg’s latest Markets Live Pulse survey.Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Max Grounding Goes Global as Carriers Follow FAA OrderBoeing 737 Max Blowout Points to Pervasive FlawsThe consensus estimate of sell-side analysts is that S&P 500 earnings this year will reach historic levels, but those forecasts are too high, according to 50% of 380
Treasury Secretary Janet Yellen said she sees a good chance of the US economy achieving a soft landing, with the unemployment rate which has ticked up in recent months averting a sharp increase
US consumer behaviour has been confounding economic forecasters all of this year by moving out of step with inflation and interest rates. Macroeconomic data, too, is sending mixed signals on how far the US is from a recession. Chances are Black Friday sales figures will do little to shed clarity.
AUD/USD falls to lowest level since October 2022 US GDP expected to jump to 4.3% The Australian dollar has pared losses from earlier today. In the Europea