‘Squawk on the Street’ crew react to December’s CPI report
CNBC’s Carl Quintanilla and Jim Cramer break down December’s CPI data.
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The S&P 500 ended 2023 with a bang, up 24% on the year despite persistent recession warnings, a regional banking crisis, widespread tech layoffs, and ‘higher-for-longer’ interest rates. Can the stock market momentum continue into 2024? Can the rally broaden out past…
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China seems to think that it is ‘out of the woods’: Professor
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Edmund Phelps of Columbia University says China seems to think that it has solved its problems, and its economy will see a return to “somewhat higher” growth rates. He also says China could “break loose” with a long wave of rapid innovation….
