Category: Economy

Column-The five charts flashing red for U.S. equity bulls: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) – As the classic market cliche goes, investors should worry most when the consensus is overwhelmingly optimistic and be bullish when it’s overwhelmingly bearish.     If investors apply this logic to the 2025 U.S. stock market outlook, they should be running for the hills.     By many measures – sentiment surveys, […]

Progressive’s quarterly profit more than doubles on strong insurance demand

(Reuters) – Progressive Corp said on Tuesday its third-quarter profit more than doubled, driven by strong demand for personal auto insurance policies. Encouraged by expectations of a soft landing, individuals and businesses are spending on insurance policies despite higher prices. Wage growth and a relatively strong labor market have also given confidence to customers to […]

Central banks may face volatile inflation for years to come, ECB’s Lagarde says

FRANKFURT (Reuters) – Profound shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, but sticking with inflation-targeting regimes is still the best option, European Central Bank President Christine Lagarde said on Friday. Economic shifts from deglobalisation and protectionism to vast advances in technology have puzzled economists […]

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