Barron’s (April 13)
“Wall Street chief executives’ cautious-to-downbeat remarks about the economy on Friday stood in contrast with their firms’ first-quarter showings and their outlooks for the rest of the year. JPMorgan Chase +4.00%, Wells Fargo -0.95%, and Morgan Stanley +1.44% reported solid earnings results, while BlackRock +2.33% posted another quarter of record assets.” Investors who were “expecting market-sensitive firms to dial down their earnings forecasts” instead found the firms “left their outlooks largely unchanged.” This could, however, just ”mean revisions are in store for later in 2025.”
Tags: Assets, BlackRock, Cautious, Chief executives, Downbeat, Earnings results, Economy, Forecasts, Investors, JPMorgan Chase, Morgan Stanley, Outlooks, Q1, Remarks, Wall Street, Wells Fargo
MSN (December 20)
“The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty.” After 10 days of losses, the DJSI “essentially ended Thursday flat” and the Federal Reserve “has become cautious about further interest rate cuts planned for next year” amid persistent inflation.
Tags: Cautious, DJSI, Economy, Fed, Flat, Interest rate cuts, Losses, Persistent inflation, President-elect, Rockier, Smooth, Trump, Uncertainty
Reuters (September 13)
“U.S. consumer sentiment improved in September amid subsiding inflation, though Americans remained cautious ahead of the November presidential election,” according to the University of Michigan. Preliminary readings show “consumer sentiment came in at 69.0 this month, compared to a final reading of 67.9 in August” while expectations for one-year inflation “fell for the fourth straight month to 2.7%,” marking “the lowest reading since December 2020.”
Tags: Cautious, Consumer sentiment, Election, Expectations, Inflation, September, Subsiding, U.S., University of Michigan
Bloomberg (December 1)
“For all the bullish milestones notched by November’s big market surge, recent history offers Wall Street a lesson in caution. Time and time again, speculation breaks out that the Federal Reserve is poised to ease monetary policy soon enough — spurring even cautious investors to erupt in a spasm of cross-asset buying. Stocks jump, bond yields fall, and a dash ensues among equity speculators into shady corners encompassing everything from meme fliers to crypto and profitless tech.”
Tags: Bonds, Bullish, Caution, Cautious, Cross-asset buying, Crypto, Fed, Investors, Market surge, Monetary policy, November, Speculation, Stocks, Tech, Wall Street, Yields
San Francisco Chronicle (June 16)
“California shrugged off 15 months of pandemic restrictions Tuesday and emerged into an appropriately sunny day to take a celebratory—if cautious—collective leap toward a post-COVID normal.” This historic day marks the first time “life could return to some semblance of what it used to be, a future bolstered by vaccines that will likely forestall another deadly surge.”
Tags: California, Cautious, Celebratory, Deadly surge, Forestall, Future, Normal, Pandemic, Post-Covid, Restrictions, Shrugged, Vaccines
Financial Times (July 22)
“As their booming share prices testify, technology groups have been brimming over with new business during the pandemic. For banks, there has been a special tech awakening…. After years of foot-dragging, many have been abandoning their cautious approach to cloud-based services and signing up with gusto to outsource their storage of data and other activities that demand high-intensity computing power.”
Tags: Awakening, Banks, Booming, Cautious, Cloud-based, Data, Foot-dragging, Outsource, Pandemic, Services, Share prices, Storage, Technology
New York Times (June 18)
“President Obama has, so far, struck the right note on Iraq…. He has been cautious— emphasizing the need for political reform in Iraq and reaching out to other countries that could have an impact on its fate.”
The Economist (May 31)
It has been 25 years since China stepped back from the abyss that was Tiananmen. This led to China’s longest stretch of stability “since the collapse of the Qing dynasty in 1911.” Nonetheless, “it is still wise to be cautious about the cohesion of Chinese politics.” While there is no immediate cause for alarm, “political risk is as important to bear in mind as the wobbles that are causing growing numbers of observers to worry about China’s economy.”
Tags: Cautious, China, Cohesion, Collapse, Economy, Politics, Qing dynasty, Risk, Stability, Tiananmen
