Companies talk about “stagnation” less. Economic data helps explain why.
Wall Street was waiting for a recession that did not materialize nearly five months into the year. Executives at S&P 500 companies are reporting less recessions on earnings calls for the third straight quarter, according to FactSet. S&P Global’s composite US PMI showed that US economic output reached a 13-month high in May. Even the …
Companies talk about “stagnation” less. Economic data helps explain why. Read More »