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0.000328265376641329 0.000345542501727674 0.00293711126468562 0.00293711126468562 0.00552868002764341 0.00120939875604694 0.00552868002764341 0.0115324809951624
Stock impact report

Gordon Reid Top Picks for August 23, 2024 [BNN Bloomberg (Canada)]

Despegar.com, Corp. Ordinary Shares (DESP) 
Last despegar.com, corp. ordinary shares earnings: 3/5 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.despegar.com
Company Research Source: BNN Bloomberg
MARKET OUTLOOK: The focus of the market has shifted, from the U.S. Federal Reserve's attention on inflation to the economy, specifically the jobs market, the second piece of the Fed's dual mandate. The market wants to ascertain if a reduction of interest rates is a natural easing of tight monetary conditions in an otherwise healthy economy or a desperate, late attempt to avoid a recession that the Fed has created by keeping rates too high for too long. The July jobs report scared the market, but subsequent data may indicate that the numbers in that report were an anomaly, brought on by a shifting demographic and the effects of Hurricane Beryl. Inflation has come down to a manageable level, and while still a subject of conversation on Main Street, Wall Street has moved on. The bond market, with all its wisdom, is showing us the future as rates on two-year, ten-year and 30-year issues have fallen close to one percent from a level of about five to four per cent, plus or minus. So, i Show less Read more
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