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Negative trends deepen in European steel market, weakening recovery prospects for 2024 and 2025; EUROFER report indicates steel consumption rebound revised down to +1.4% for 2024
Published: July 25, 2024 by European Steel Association (EUROFER)
Commentary: Baby boomer retirements are a powerful force likely to keep wage and price increases higher than normal over next few years; industries with large shares of older workers include manufacturing, transportation, warehousing and health care
Published: July 24, 2024 by USA Today Online
GlobalData: Strong brand equity will be crucial for luxury brands in 2024 amid inflation in Europe/US, downturn in China impacting aspirational shoppers; only brands that appeal to ultra-wealthy or have superior fashion credentials are likely to succeed
Published: July 24, 2024 by ForeignAffairs.co.nz
UBS maintains view that US economy is headed for a soft landing, with inflation on downward trend and Fed poised to cut rates; market currently sees near-100% chance of September cut, with more cuts expected by year-end
Published: July 23, 2024 by Investing.com
Fannie Mae reports stronger-than-expected home price growth in Q2; prices up 3%, but forecast annual growth to moderate to 6.1% in 2024 and 3% in 2025
Published: July 23, 2024 by Fannie May

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