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Fresh economic data from the Chinese government paints a picture of a rapidly slowing and aging economy. The world’s second-largest economy reported just 3 percent GDP growth in the fourth quarter, a number that’s the lowest in decades besides the first year of the pandemic. This, was all during the same week that the country reported its first population decline since the mid-20th century. And, this week’s World Economic Forum summit in Davos, Switzerland is underway and tackling global issues in an age of increasing fractiousness among world powers.
The latest data on U.S. home sales showed a huge rebound of 14.5% in February, reversing a trend of decline that lasted more than a year. That said, the market is still fraught with uncertainty, especially amid the recent jitters in the global financial sector. We talk to Guy LeBas of Janney...
Published 03/21/23
Amid the continued fallout from the failure of two mid-sized U.S. banks and the acquisition of Credit Suisse, financial institutions are likely to start applying greater scrutiny to the loans they give out. We look at what could move banks’ calculus in that direction…and who would be most...
Published 03/21/23