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US GDP report could show solid fourth-quarter growth but still signal a recession is coming, economists say
Economic growth is expected to have slowed slightly in the fourth quarter but was still solid, driven by a strong consumer. Economists will be studying Thursday’s report on U.S. gross domestic product carefully for signs of how strong or weak the consumer actually was at the end of 2022. Retail sales suggest spending fell off sharply as the year came to an end. GDP is reported at 8:30 a.m. ET. According to Dow Jones, economists expect that U.S. gross domestic product grew by 2.8% in the fourth quarter, down from the 3.2% pace in the third quarter. While economists see a strong fourth quarter, they are divided on ... (full story)
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From blockchaintipsheet.com|Jan 25, 2023It’s been a long two years at the Securities and Exchange Commission (SEC) for Commissioner Hester Peirce. She’s had to deal with an SEC Chair whose agenda she has openly ...
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From theblock.co|Jan 25, 2023Sen. Elizabeth Warren, D-Mass., pushed for tighter regulation on the crypto industry on Wednesday in an event hosted by the American Economic Liberties Project called "Confronting ...
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From coindesk.com|Jan 25, 2023Electric car maker Tesla (TSLA) did not buy or sell any bitcoin in the fourth quarter for the second straight quarter, the company reported Wednesday in its latest earnings ...
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From blockworks.co|Jan 25, 2023A majority of financial advisers plan to maintain or increase their clients’ exposure to crypto despite the extreme market volatility seen last year. About 15% of advisers said ...
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From bnnbloomberg.ca|Jan 25, 2023Deribit, the world’s biggest Bitcoin and Ether options exchange, is making plans to relocate to Dubai as soon as the third quarter if authorities in the crypto-friendly emirate ...
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From theblock.co|Jan 25, 2023Commodity Futures Trading Commission Commissioner Kristin Johnson is advocating for the agency to introduce new cryptocurrency rules while also calling on Congress to enhance the ...
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- Posted: Jan 25, 2023 7:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,875
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