JPMorgan Chase CEO Jamie Dimon isn’t convinced by positive economic indicators

Jamie Dimon, Chairman and CEO of JPMorgan Chase

  JPMorgan Chase & Co. CEO Jamie Dimon isn’t exactly an optimist on Wall Street, and seemingly rosy economic data won’t change his mind. Winn McNamee—Getty Images JPMorgan Chase & Co. CEO Jamie Dimon is rarely one of Wall Street’s most optimistic voices, and despite rosy data coming out of the U.S. economy, he Not … Read more

US orders for durable goods are sluggish.Corporate capital investment appears to be softening.

US orders for durable goods are sluggish.Corporate capital investment appears to be softening.

Lucia Muticani WASHINGTON (Reuters) – Orders for long-term use products made in the United States fell in January for the first time in nearly four years, but corporate capital spending appears to have slowed, a sign that the economy lost momentum at the start of the year. There is. Concerns about the economic outlook, particularly … Read more

Spring will be a ‘pivotal time’ for the housing market, CEO Royal Lepage says – National | Globalnews.ca

Spring will be a 'pivotal time' for the housing market, CEO Royal Lepage says - National | Globalnews.ca

Many Canadians who have been locked out of the housing market since the Bank of Canada started raising interest rates nearly two years ago are re-entering the fray, waiting for policy rates to be lowered. The Royal Lepage report, based on a Leger poll released on Tuesday, found that since the Bank of Canada began … Read more

If money is tight right now, why are car sales soaring?

If money is tight right now, why are car sales soaring?

Are you, like me, curious about why new car sales are so strong at a time when households struggling to pay their bills is a big topic in personal finance? ? Sales in seven out of 10 states last month exceeded pre-pandemic levels in January 2019, according to a report from DesRosiers Automotive Consultants. Total … Read more

Goldman Sachs predicts drugs like Ozempic and Wigovy could boost the U.S. economy by $1 trillion in a few years | CNN Business

Goldman Sachs predicts drugs like Ozempic and Wigovy could boost the U.S. economy by $1 trillion in a few years | CNN Business

George Fry/Bloomberg/Getty Images A pharmacist holds boxes of Novo Nordisk A/S Ozempic brand semaglutide medication lined up at a pharmacy on Monday, November 27, 2023 in Provo, Utah, USA. Washington DC CNN — Analysts at Goldman Sachs said in a recent research note that the U.S. economy stands to benefit significantly if Americans take popular … Read more