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Overall economic trends point to a slowdown

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Lofty post-pandemic outlays can't last, given higher debt servicing costs

  • By: Staff
  • August 30, 2023 August 30, 2023
  • 15:38
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Targeted stimulus and consumer spending seen as keys to jump-starting economy

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Traditional economic drivers have peaked, and headwinds are building, Moody's says

Central bankers working on economy

As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints

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Wholesale sales of selected products down 2.8% to $80.5 billion in June, with ag products leading way with 19.4% drop

Investment bear market concept, bear figure standing on financial report with red arrow pointing dow as price going down, low buy and high sell volume in stock or equity exchange market.

Earnings to remain under pressure as the sector faces slow growth and elevated costs

Consumer confused

Financial pressure likely to intensify as mortgages reprice in years ahead

Risk rating

New rating, AA+, is still considered well into investment grade

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Analyst sentiment turns rosier for S&P 500 companies, Refinitiv reports