We generally prefer stocks over bonds and are optimistic about
further upward revisions to earnings estimates.
Not exact matches
Growth is expected to moderate in 2018 and 2019 still but the
upward revision indicates that economists have got it wrong so
far over the impact of Brexit on the economy.
End - of - week profit taking prevented the U.S. dollar from extending its gains on Friday despite stronger - than - expected first - quarter U.S. GDP growth and an
upward revision to the University of Michigan's consumer confidence index.With that in mind, steady growth and rising inflation expectations should foster
further gains in the dollar next week as investors are convinced that the Federal Reserve will use the May meeting to prepare the market for a June hike.
Along with an
upward revision to June's already - robust number, the latest figures left average monthly job gains so
far in 2017 at 185,000, close to the strong pace set in 2016.
@lindaserena: The revised BC forcing estimate is merely based on a
upward revision of the BC aerosol loading in the atmosphere which seems to have been underestimated so
far (higher than previously thought).
Friday's September jobs report, including the strong
upward revisions for prior months, a sizable increase in earnings, and a sharp decline in the unemployment rate, should provide
further impetus for improving consumer confidence in the housing market.»