Trump unlikely to get a majority in the Senate needed to politicize the Fed – this statement holds weight in the current political landscape. The composition of the Senate, with its potential shifts in the 2024 elections, plays a crucial role in determining the fate of the Federal Reserve’s independence. …
Read More »Chinese Demand Weighs on Luxury Sector in Second Half – Jefferies
Weak Chinese demand likely weighing on luxury sector in second half – Jefferies, a recent report by the investment bank, paints a concerning picture for the luxury industry. This analysis, fueled by China’s economic slowdown and shifting consumer preferences, highlights the potential impact on various luxury goods categories, from high-end …
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