Labor market trends reveal cooling but not weakening in the labor market; the FOMC can provide a catalyst to reinvigorate hiring and consumer spending.
PwC’s survey indicates that overall spending will decrease by about 5% from last year, with Gen Z reducing their holiday budgets by nearly a quarter, while older shoppers plan to maintain their current spending levels or increase it.
Wall Street stumbled on Tuesday, with broad losses by midday in New York as investors turned risk-off amid mounting concerns over lofty valuations, seasonal headwinds and fiscal strains.
Nvidia Corp. (NASDAQ:NVDA) is up 2% in midday trading Monday, moving within striking distance of its all-time high—now less than 2 percentage points away—as investors remain upbeat ahead of the company's highly anticipated
The specter of a significant stock market correction, or even a full-blown crash, in 2025 is increasingly occupying the minds of financial analysts and investors. While not a universally accepted base case, a growing chorus of experts points to a confluence of macroeconomic headwinds that could trigger substantial market volatility.
