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Stock impact report

Economic Preview: Bridge to nowhere? Some doubts on U.S. economy justified, doom and gloom is not [MarketWatch]

Regions Financial Corporation (RF) 
Last regions financial corporation earnings: 4/17 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.regions.com
Company Research Source: MarketWatch
Bridge to nowhere? Some doubts on U.S. economy justified, doom and gloom is not Just a few months ago, investors drove the U.S. stock market SPX, -2.33% to an all-time high. Now they’re scurrying for the off-ramp and showing fresh doubts about economy. Have things really gone south that fast? Not really. The economy is forecast to grow at an above-average speed of 2.6% in the fourth quarter, for one thing. Consumer confidence is at a two-decade high. The unemployment rate remains at a 49-year low. And the holiday shopping season is shaping up to be a big one. Still, some warning signs have emerged. Home sales have softened after a rise in mortgage rates. Corporate investment has tapered off. Job creation slowed in November. And a festering trade dispute with China and resulting tariffs have raised costs for businesses and consumers. “It’s becoming clearer by the day that the best days for this economic cycle are behind us,” asserted Scott Anderson, chief economist of Bank of the We Show less Read more
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