Global S&P Futures lower in premarket
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- Wall Street ends sharply higher as Waller remarks ease rate hike fears
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- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
- Nvidia to acquire AI platform Hugging Face in landmark $12.9B deal
- Tesla to unveil Cybercab Texas today, details are few
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Why Telsey says 2025 outlook 'brings higher uncertainty'
January 1, 2025 10:00 AM ESTTelsey Advisory Group (TAG) has warned of increased uncertainty in 2025, citing changes in monetary policy, inflation trends, and a shifting economic landscape.
In its latest Monthly Economic Pulse note, TAG downgraded its economic indicator for monetary policy to Neutral from Tailwind.
They state that the Federal Reserves decision to slow interest rate cuts in 2025 has contributed to this cautious outlook. While 2024 saw 100 basis points in cuts, the Fed now... More
