Stagnation in Britain and Europe prompts rate cut, poses risks to investors

From Investing.com: 2024-12-16 05:21:00

U.S. economic growth contrasts with stagnation in Canada, Britain, Europe, and China, posing risks to investors. Britain reports a 0.1% GDP decline for the month, prompting the Bank of England to cut rates. The global economic slowdown could impact U.S. growth and stock market performance. The FOMC meets this week, with a 25bps rate cut expected. Economic indicators like GDP and ISM Manufacturing Index are crucial for evaluating earnings trajectory. Short-term market forecast predicts potential consolidation before a year-end rally. Managing risk is key amid high optimism and potential policy changes.



Read more at Investing.com: Britain and European Economic Growth Sputters