Why did Oracle stock surge 40% recently?
How will the Fed's rate cut affect markets?
Why is Walmart investing heavily in AI?
What caused Klarna's IPO to jump 15%?
How is Biden's immigration policy impacting US population?
Why are South Korean firms hesitant to invest in US?
What led to major layoffs at Novo Nordisk?
Sorry Jerome, weakening economic data is ‘exactly what markets needed’, says Wharton professor
fortune.com/2025/09/09/sorry-jerome-weakening-economic-data-is-exactly-what-markets-needed-says-wharton-professor
Weaker labor data has boosted expectations of Fed rate cuts, with Wharton’s Jeremy Siegel predicting three reductions this year. Markets are rallying on the outlook, while Goldman Sachs’ Jan Hatzius warns job growth is fragile but sees a rebound by 2026 as tariffs ease and policy turns…
This story appeared on fortune.com, 2025-09-09 10:26:11.