-- Switzerland’s economy unexpectedly maintained momentum at the start of the year on services and private consumption, while concerns about struggling exporters persist.Gross domestic product — adjusted for large sports events — increased 0.3% compared to the previous quarter, the State Secretariat for Economic Affairs said on Thursday. That’s stronger than the government’s initial 0.2% estimate, but matches the median forecast in a Bloomberg survey.
While exports are weighing on Swiss industry, low unemployment is bolstering consumption, particularly in services. An index of manufacturing purchasing managers has been below the growth threshold for more than a year, but expectations have slightly improved recently. The SNB — which is expected to lower borrowing costs again when it next meets on June 20 — has warned that growth will likely “remain modest” in coming quarters and predicts the economy will expand about 1% this year.The S&P 500 could plunge as much as 70% this cycle as markets hit a 'motherlode' of FOMO extremes, famed fund manager says
‘Big Short’ investor Michael Burry just made a big bet on gold — and dumped tech giants Alphabet and AmazonHere are two top dividend stocks long-term investors may certainly want to consider for their yields and growth profiles right now. The post 2 Dividend Stocks Paying 5% or More That Could Beat the Market in 2024 and Beyond appeared first on The Motley Fool Canada.While the Nasdaq Composite is at a record high, some experts believe that a shift is coming in the market.
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