The S&P 500 may see a profit slowdown, its first in nearly 3 years, but a modestly encouraging economic outlook will cushion the blow, Lydia Boussour, senior U.S. economist at Oxford Economics, said.
Senior economist Boris Glass said the U.K. economy has foregone economic activity of £6.6 billion in each of the 10 quarters since the 2016 referendum.
Post-Brexit changes in import arrangements will make some grocery items expensive at local stores and make some disappear from shelves, an ING analyst has said.
Tim McCusker, the chief investment officer at NEPC, told International Business Times that China's bets on AI make for attractive investment opportunities.
Slower U.S. growth expectations and the Federal Reserve's more gradual approach towards interest rate hikes will weigh on the U.S. dollar in the second half of the year, analysts said in a poll conducted by International Business Times.
