### Summary
Wharton finance professor Jeremy Siegel believes that increased productivity will prevent a resurgence in inflation in the US.
### Facts
- 💰 Wharton finance professor Jeremy Siegel is not worried about inflation rebounding in the US, despite the signs of a resilient economy.
- 💼 GDP is expected to grow 5.8% over the third quarter, according to an estimate from the Atlanta Fed.
- 💼 Job growth and wage growth remain strong, with the US adding 187,000 payrolls and hourly earnings up 4.4% year over year in July.
- 💼 The recent improvement in statistics is attributed to a turnaround in productivity, which was poor last year.
- 💼 Siegel believes that the bounce-back in productivity will keep inflation in check and justify higher wages.
- 💼 However, other experts, like BlackRock, are more skeptical about the path of inflation.
- 💼 The Fed remains concerned about inflation and is open to more tightening measures.
- 💼 Stocks have slid as investors bet on the Fed hiking rates before the end of the year.
Global stocks rise as traders anticipate the Federal Reserve's summer conference for indications on inflation control and interest rate hikes.
Global stocks rise as traders anticipate the Federal Reserve's summer conference for indications on inflation control and interest rate hikes.
The stock market is rising despite bad news, as interest rates lower and stabilizing rates are seen as positive signs.
Stocks rise at the beginning of the week after last week's selling, with markets relieved by the 10-year yield remaining at around 4.3%, while anticipating Federal Reserve Chairman Jerome Powell's speech on Friday for insight on short-term interest rates and inflation control.
Stocks rise as markets shift focus from the Federal Reserve to corporate and economic reports, with the S&P 500 and Dow Jones Industrial Average both experiencing gains, while investors await upcoming economic data and inflation updates.
China stocks rise as investors welcome Beijing's efforts to support the market, while bonds rally and the dollar dips on possibly softening U.S. data.
Stocks were relatively unchanged as investors awaited new economic indicators and data on the health of the US economy, including consumer confidence, jobs openings, and inflation reports, which could impact expectations for future interest-rate rises from the Federal Reserve.
Buyers returned to the stock market after positive data on the U.S. jobs market suggested that wage inflation may decrease further, with Microsoft stock showing promising signs in forming a new base, while China's PDD Holdings experienced a significant gain amid hopes of government measures to stimulate economic activity. Additionally, megacap tech stocks led a broad rally in the stock market, with the Nasdaq composite rising 1.7%, and there is anticipation of a potential increase in the overnight fed funds rate and a rise in bond yields.
US stocks surged on Tuesday after new jobs data showed a decline in job openings, potentially easing wage pressures and giving the Federal Reserve room to adjust interest rates.
U.S. stock futures rise ahead of inflation and jobs data, with the key jobs report on Friday being the main focus for investors as they assess the possibility of interest rate changes.
US stocks opened higher on Thursday, supported by steady inflation and positive labor market data, with tech-heavy Nasdaq and S&P 500 both up 0.2% and the Dow up 0.4%, while investors anticipate a dovish Fed tilt.
U.S. stocks rose after August jobs data showed a slowdown in the pace of job gains, calming investor concerns about the Federal Reserve raising interest rates, with the Dow Jones Industrial Average rising 0.5%, the S&P 500 up 0.4%, and the Nasdaq Composite gaining 0.3%.
Asian stock markets rise on the belief that the Federal Reserve has finished raising U.S. interest rates and hopes that policy stimulus from Beijing will stabilize the Chinese economy, while trading remains thin due to a U.S. holiday.
Stocks in Asia rose as investors were encouraged by a report indicating a cooling US jobs market, potentially leading to a slowdown in the Federal Reserve's campaign to raise interest rates and slow the economy.
Stocks rose on Friday as the Nasdaq rebounded from Apple's recent slide, fueled by speculation that the Federal Reserve may not raise interest rates in September, while concerns about rising energy prices and Apple's market value decline continue to linger.
U.S. stock investors are closely watching next week's inflation data, as it could determine the future of the current equity rally, which has been fluctuating recently due to concerns over the Federal Reserve's interest rate hikes and inflationary pressures.
Summary: Stock futures are trading higher as investors anticipate the release of U.S. inflation data and consider its impact on monetary policy.
US stocks rose as the dollar fell, with technology stocks leading the way, and Treasury Secretary Janet Yellen expressing optimism about a potential soft landing in the economy.
Asian stocks rise as US CPI data solidifies Federal Reserve pause bets, leading to a positive market sentiment and a weaker US Dollar.
Wall Street stocks rose as investors analyzed strong retail sales and inflation data to predict the Federal Reserve's next move on interest rates, with the S&P 500 and Dow Jones Industrial Average both posting gains of around 1%.
Despite assurances from policymakers and economists, inflation in the US continues to rise, posing significant challenges to the economy and financial stability.
US stock futures rise as investors await Fed decision on rates; US debt rises to $33 trillion as government shutdown looms; Federal Reserve expected to pause rate hikes; Impact of government shutdown, autoworkers strike, and rising oil prices on the economy; Biden reshapes the Federal Reserve.
Stocks rebound and Treasury prices rise after three Federal Reserve officials warn of possible further rate hikes to control inflation, with the officials uncertain if the battle against inflation is over.
Investors are focusing on the release of economic reports on GDP and inflation as they evaluate the Federal Reserve's stance on interest rates and its efforts to cool down inflation. Metal prices have slipped due to concerns over global demand and the economy, and the risk of a government shutdown is also adding to the bearish sentiment. Earnings reports from various companies and core PCE inflation data are expected in the week ahead.
Stocks tumbled and fears about the US economy grew as economic data revealed a cloudy outlook and the potential for further interest rate hikes from the Federal Reserve.
Stock futures are rising as investors await a new measure of U.S. inflation after the worst month of the year for equities.
US stocks are expected to open higher as Wall Street reacts to the latest inflation data and attempts to recover from a challenging September.
Stocks rose on Friday as investors analyzed the latest inflation data, with the tech-heavy Nasdaq leading the gains, while bonds saw some relief from rate jitters; however, concerns over a US government shutdown and the impact of rising bond yields remain.
U.S. stocks mostly fell as investors considered the latest inflation data from the Federal Reserve, marking the end of a turbulent month for the market.
The inflation news is being replaced by recession news, leading to a decline in profits and job loss, but wage growth and corporate profits remain strong, suggesting a soft landing and potential rotation into average stocks.
The U.S. stock market has seen a sharp rise in 2023, but the gains have been driven by a small number of technology companies, while the overall market performance has been lackluster compared to previous years, indicating a potential risk for investors.
Stocks slip and yields jump after a strong jobs report, raising concerns among investors about the Federal Reserve's potential actions to control inflation.
Stock markets are wavering as investors anticipate another rate hike by the US Federal Reserve, fearing its impact on the global economy, however, recent inflation data suggests that inflation is declining and consumer spending is rising.
Underlying US inflation is expected to rise, supporting the idea that interest rates will need to remain higher for a longer period of time, as indicated by central bankers.
The US stock market continues to rise despite various challenges, similar to what happened in Venezuela when their stock market skyrocketed in the face of economic problems, and there are lessons to be learned from Venezuela's experience.
Wall Street stocks rise as investors hope for a pause in interest-rate hikes by the Federal Reserve, while keeping an eye on escalating conflict in the Middle East.
Stocks on Wall Street rose on Tuesday as investors were hopeful that the Federal Reserve is done with interest rate hikes, although caution remained due to the escalating Middle East conflict.
Stocks in China are rising after reports of stimulus plans, which is a familiar trend for investors who have seen similar government efforts to boost the economy.
U.S. stocks rise as Treasury yields fall and Federal Reserve officials provide favorable commentary, with the Nasdaq Composite leading gains.
Stocks are up and U.S. interest rate expectations are lower as a result of several Fed officials suggesting that rising yields may be helping their fight against inflation.
US stocks are expected to open higher as investors await inflation data and Federal Reserve minutes to gain insight into interest rate thinking, with Dow Jones Industrial Average futures up 0.2% and S&P 500 futures rising 0.2%.
US stocks gained at the open as investors analyzed wholesale inflation data and anticipated the Federal Reserve's minutes to gain insight into interest rate policies, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all showing gains.
Stocks rise as investors digest earnings from big banks and focus on the outlook for interest rates and bond yields; oil prices continue to climb due to tensions in the Middle East.