LONDON (Reuters) – The euro zone’s rebound from its deepest economic downturn on record faltered in August, surveys showed on Thursday, with some countries in the bloc suffering more than…
Tag: Momentum
Consumer spending up 1.9{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} in July as economic recovery loses some momentum
The numbers: Americans increased their spending in July for the third month in a row, but at a much slower pace in a sign that an economic rebound from the…
A 2nd coronavirus wave won’t stop the stock market’s momentum, Wharton professor Jeremy Siegel says
Bloomberg TV Jeremy Siegel, a Wharton finance professor, told CNBC that the stock market would not lose upward momentum if the US were to experience another wave of COVID-19 cases.…
More Signs Point to U.S. Economic Recovery Losing Momentum | Investing News
(Reuters) – U.S. retail foot traffic is slackening and growth in the number of shifts worked by hourly employees has ground to a halt, a clutch of high-frequency data showed…