Raphael W Bostic

Stock Markets Today: China Economy, US Stocks, AMD China AI Chips, Fed’s Bostic

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Stock Markets Today: China Economy, US Stocks, AMD China AI Chips, Fed’s Bostic

Good morning. China sets its growth target, JPMorgan’s top market strategist warns about a US stock market bubble, and AMD runs into a roadblock in selling AI chips to China. Here’s what people are talking about. China set its annual growth target at around 5%, raising expectations for the nation’s top leaders to unleash more … Read more

US Economy Is Just Right, But Slowdown Fears Are Looming

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US Economy Is Just Right, But Slowdown Fears Are Looming

The long-anticipated US recession may still be lurking out there, somewhere. But for now, the economy is barreling toward 2024 in better shape than even optimists had expected only six months ago. Growth in the third quarter blew past expectations, jobs remain plentiful, consumers are still spending, and house prices have held firm. Signals from … Read more