economic predictions

Stocks Are Mixed. Dow Builds On Gains After 2 Retail Beats.

Stocks Are Mixed. Dow Builds On Gains After 2 Retail Beats.

Text size U.S. housing starts in July fell more than expected and to the lowest level since early in 2021. (Spencer Platt/Getty Images) Stocks were mixed in mid-day trading Tuesday after earnings from Walmart and Home Depot topped Wall Street forecasts, but a decline in housing starts provided further evidence of a slowing economy. The …

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The Bear Market Could Drive the Economy Straight Into Recession

The Bear Market Could Drive the Economy Straight Into Recession

Text size Traders working at the New York Stock Exchange, Monday, June 13, 2022. The last thing the U.S. economy needs is a drop in consumer spending driven by market declines, writes Desmond Lachman. NYSE About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He was formerly a deputy director …

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