Wall Street expects Amazon to bounce back after the stock suffered its worst quarter in a decade

Amazon lost its status as a stock market darling in the fourth quarter, when the company’s shares plunged 25 percent, their steepest quarterly drop since 2008. Still, Wall Street analysts remain as optimistic as ever and are predicting a bounce back in 2019. According to FactSet, 41 of the 42 analysts with ratings on the stock recommend buying it, with KeyBanc’s Edward Yruma as the only analyst with a “hold” rating. “I’m very bullish on Amazon right now,” Loop Capital’s Anthony Chukumba, who has


Amazon lost its status as a stock market darling in the fourth quarter, when the company’s shares plunged 25 percent, their steepest quarterly drop since 2008. Still, Wall Street analysts remain as optimistic as ever and are predicting a bounce back in 2019. According to FactSet, 41 of the 42 analysts with ratings on the stock recommend buying it, with KeyBanc’s Edward Yruma as the only analyst with a “hold” rating. “I’m very bullish on Amazon right now,” Loop Capital’s Anthony Chukumba, who has
Wall Street expects Amazon to bounce back after the stock suffered its worst quarter in a decade Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: eugene kim, leonard ortiz, digital first media, getty images, source
Keywords: news, cnbc, companies, quarterly, market, amazon, quarter, suffered, worst, revenue, drop, stock, rating, fourth, amazons, street, wall, expects, decade, bounce, analysts


Wall Street expects Amazon to bounce back after the stock suffered its worst quarter in a decade

Amazon lost its status as a stock market darling in the fourth quarter, when the company’s shares plunged 25 percent, their steepest quarterly drop since 2008.

While a large part of the drop was due to the broader market sell-off, investors were also spooked by Amazon’s disappointing quarterly results that showed slowing revenue growth across the board.

Still, Wall Street analysts remain as optimistic as ever and are predicting a bounce back in 2019. According to FactSet, 41 of the 42 analysts with ratings on the stock recommend buying it, with KeyBanc’s Edward Yruma as the only analyst with a “hold” rating. There weren’t any downgrades in the fourth quarter.

“I’m very bullish on Amazon right now,” Loop Capital’s Anthony Chukumba, who has a “buy” rating and $2,200 price target, told CNBC. “I feel very strong about its fundamentals.”

Amazon’s market capitalization briefly topped $1 trillion in September, but is now worth roughly $733 billion, trading at around $1,575.39 per share at Friday’s close.

Chukumba said investor concerns of a slowdown are overblown, because the company has been more focused at growing its profitability than revenue in recent years. Almost all of Amazon’s high-growth businesses, such as cloud and advertising, have bigger profit margins than its traditional retail segment, although their revenue size is much smaller.


Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: eugene kim, leonard ortiz, digital first media, getty images, source
Keywords: news, cnbc, companies, quarterly, market, amazon, quarter, suffered, worst, revenue, drop, stock, rating, fourth, amazons, street, wall, expects, decade, bounce, analysts


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UBS expects ‘quite sharp gains’ in oil in 2019

UBS expects ‘quite sharp gains’ in oil in 20199 Hours AgoDominic Schnider of UBS Wealth Management says he sees oil prices heading toward $70 to $80 per barrel. He also says the market seems to be “underestimating” the fact that the Organisation of the Petroleum Exporting Countries will be cutting supply by 1.2 million barrels.


UBS expects ‘quite sharp gains’ in oil in 20199 Hours AgoDominic Schnider of UBS Wealth Management says he sees oil prices heading toward $70 to $80 per barrel. He also says the market seems to be “underestimating” the fact that the Organisation of the Petroleum Exporting Countries will be cutting supply by 1.2 million barrels.
UBS expects ‘quite sharp gains’ in oil in 2019 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-26
Keywords: news, cnbc, companies, schnider, gains, prices, ubs, underestimating, sharp, expects, wealth, quite, oil, sees, 2019, supply


UBS expects 'quite sharp gains' in oil in 2019

UBS expects ‘quite sharp gains’ in oil in 2019

9 Hours Ago

Dominic Schnider of UBS Wealth Management says he sees oil prices heading toward $70 to $80 per barrel. He also says the market seems to be “underestimating” the fact that the Organisation of the Petroleum Exporting Countries will be cutting supply by 1.2 million barrels.


Company: cnbc, Activity: cnbc, Date: 2018-12-26
Keywords: news, cnbc, companies, schnider, gains, prices, ubs, underestimating, sharp, expects, wealth, quite, oil, sees, 2019, supply


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World Bank expects China’s economic growth to slow to 6.2 percent in 2019

China’s economic growth is likely to slow to 6.2 percent in 2019 from an expected 6.5 percent this year, as headwinds increase due to its trade dispute with the United States, the World Bank said in a report published on Thursday. Its outlook on China’s 2018 economic growth, which would be the weakest in 28 years, remained unchanged from its prediction in April. Growth in Asia’s powerhouse economy slowed to 6.5 percent in the third quarter, the weakest pace since the global financial crisis. In


China’s economic growth is likely to slow to 6.2 percent in 2019 from an expected 6.5 percent this year, as headwinds increase due to its trade dispute with the United States, the World Bank said in a report published on Thursday. Its outlook on China’s 2018 economic growth, which would be the weakest in 28 years, remained unchanged from its prediction in April. Growth in Asia’s powerhouse economy slowed to 6.5 percent in the third quarter, the weakest pace since the global financial crisis. In
World Bank expects China’s economic growth to slow to 6.2 percent in 2019 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-20  Authors: afp, getty images
Keywords: news, cnbc, companies, united, 2019, economy, weakest, expects, growth, economic, slow, chinas, world, bank, policy, 62, trade


World Bank expects China's economic growth to slow to 6.2 percent in 2019

China’s economic growth is likely to slow to 6.2 percent in 2019 from an expected 6.5 percent this year, as headwinds increase due to its trade dispute with the United States, the World Bank said in a report published on Thursday.

Its outlook on China’s 2018 economic growth, which would be the weakest in 28 years, remained unchanged from its prediction in April.

“Looking ahead, China’s key policy challenge is to manage trade-related headwinds while maintaining efforts to limit financial risks,” the bank said its latest assessment on the world’s second-largest economy.

Consumption will remain the main driver of China’s economy, as weaker credit growth weighs on investment and slowing global demand and higher U.S. tariffs on Chinese shipments take a toll on the country’s exports, the report said.

“To stimulate the economy, fiscal policy could focus on boosting household consumption rather than public infrastructure,” the bank said, adding that China has room to further lower business taxes.

The government has pledged to cut taxes more aggressively next year, spurring a debate among Chinese economists on whether Beijing should expand its fiscal deficit ratio beyond 3 percent next year.

The government has in recent months unveiled a raft of policy measures, including cuts in banks’ reserve requirements to spur lending, tax cuts and steps to fast-track infrastructure projects.

Growth in Asia’s powerhouse economy slowed to 6.5 percent in the third quarter, the weakest pace since the global financial crisis. Indications are that momentum is likely to come off further in the current quarter and next year, with data last week showing surprising softness in November factory output and retail sales.

In October, the International Monetary Fund cut its forecast on China’s 2019 economic growth to 6.2 percent from 6.4 percent while keeping its 2018 outlook unchanged.

The World Bank said that while China continues its trade talks with the United States, it should increase its efforts to address trade partners’ concerns over intellectual property protection and technology transfers.


Company: cnbc, Activity: cnbc, Date: 2018-12-20  Authors: afp, getty images
Keywords: news, cnbc, companies, united, 2019, economy, weakest, expects, growth, economic, slow, chinas, world, bank, policy, 62, trade


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Goldman expects emerging market currencies to ‘bounce back’ in 2019

Goldman Sachs Asset Management expects to see improving economic conditions in emerging markets over the coming months, thus providing a springboard for the value of regional stocks and currencies. Emerging market currencies have been under pressure throughout much of 2018, on the back of a stronger U.S. dollar that is trading up almost 5 percent against a basket of six major currencies this year. But, the CEO for EMEA and Global Head of Fixed Income at Goldman Sachs Asset Management told CNBC o


Goldman Sachs Asset Management expects to see improving economic conditions in emerging markets over the coming months, thus providing a springboard for the value of regional stocks and currencies. Emerging market currencies have been under pressure throughout much of 2018, on the back of a stronger U.S. dollar that is trading up almost 5 percent against a basket of six major currencies this year. But, the CEO for EMEA and Global Head of Fixed Income at Goldman Sachs Asset Management told CNBC o
Goldman expects emerging market currencies to ‘bounce back’ in 2019 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-18  Authors: sam meredith, adam jeffery
Keywords: news, cnbc, companies, currencies, goldman, bounce, markets, management, basket, emerging, dollar, told, 2019, sachs, expects, market


Goldman expects emerging market currencies to 'bounce back' in 2019

Goldman Sachs Asset Management expects to see improving economic conditions in emerging markets over the coming months, thus providing a springboard for the value of regional stocks and currencies.

Emerging market currencies have been under pressure throughout much of 2018, on the back of a stronger U.S. dollar that is trading up almost 5 percent against a basket of six major currencies this year.

But, the CEO for EMEA and Global Head of Fixed Income at Goldman Sachs Asset Management told CNBC on Tuesday that while the dollar has performed well year-to-date, financial markets have probably “seen the best of it.”

“I guess if we go into next year, we would see many emerging market currencies in particular, many of which have underperformed significantly in 2018, having a bounce back,” Andrew Wilson told CNBC’s “Street Signs” on Tuesday.

The greenback stood at around 96.851 against a basket of rivals at around 1:10 p.m. London time.


Company: cnbc, Activity: cnbc, Date: 2018-12-18  Authors: sam meredith, adam jeffery
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Stocks cut losses after Lighthizer says he expects Trump-Xi dinner ‘success’

U.S. stock futures pared most of their losses after U.S. Trade Representative Robert Lighthizer said he expects a key dinner between President Donald Trump and China’s Xi Jinping to be a “success.” Dow Jones Industrial Average futures traded 73 points lower at about 8:23 a.m. Trump and Xi are scheduled to have dinner on Saturday and are expected to discuss trade issues between the two countries. However, China hawk Peter Navarro, Trump’s trade advisor, will attend the dinner between the two. He


U.S. stock futures pared most of their losses after U.S. Trade Representative Robert Lighthizer said he expects a key dinner between President Donald Trump and China’s Xi Jinping to be a “success.” Dow Jones Industrial Average futures traded 73 points lower at about 8:23 a.m. Trump and Xi are scheduled to have dinner on Saturday and are expected to discuss trade issues between the two countries. However, China hawk Peter Navarro, Trump’s trade advisor, will attend the dinner between the two. He
Stocks cut losses after Lighthizer says he expects Trump-Xi dinner ‘success’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-30  Authors: fred imbert, ryan browne, nicolas asfouri, afp, getty images
Keywords: news, cnbc, companies, expects, trade, china, trumps, losses, terms, economy, dinner, futures, trumpxi, lighthizer, cut, president, xi, stocks, points, success


Stocks cut losses after Lighthizer says he expects Trump-Xi dinner 'success'

U.S. stock futures pared most of their losses after U.S. Trade Representative Robert Lighthizer said he expects a key dinner between President Donald Trump and China’s Xi Jinping to be a “success.”

Dow Jones Industrial Average futures traded 73 points lower at about 8:23 a.m. ET, indicating a decline of 23 points. S&P 500 and Nasdaq 100 futures pointed a flat open. Dow futures had fallen more than 100 points earlier in the day.

Trump and Xi are scheduled to have dinner on Saturday and are expected to discuss trade issues between the two countries. Investors are eagerly looking ahead to the dinner as they have fretted over the impact of U.S. and China tariffs on the global economy and corporate earnings.

Lighthizer’s comments raise hope that a trade truce between the two countries could be struck. However, China hawk Peter Navarro, Trump’s trade advisor, will attend the dinner between the two.

Navarro is seen as a contentious figure in terms of Washington’s trade relations with Beijing due to his aggressive stance on the world’s second-largest economy. He clashed with White House economic advisor Larry Kudlow earlier this month after saying any deal with China would be “on President Donald J. Trump’s terms, not Wall Street’s terms.”


Company: cnbc, Activity: cnbc, Date: 2018-11-30  Authors: fred imbert, ryan browne, nicolas asfouri, afp, getty images
Keywords: news, cnbc, companies, expects, trade, china, trumps, losses, terms, economy, dinner, futures, trumpxi, lighthizer, cut, president, xi, stocks, points, success


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Trump has ‘silent’ support of world leaders to strike ‘hard bargain’ with China: Ex-NATO ambassador

The highly anticipated dinner between the two leaders, set for Saturday, will occur on the sidelines of the G-20 summit in Argentina. “I bet a lot of those leaders around the table at the G-20 might be whispering to Donald Trump, ‘Strike a hard bargain with the Chinese,'” Burns said. He expects China to offer a guarantee that they will import a certain level of U.S. exports per year. However, the administration is more interested in structural changes to China’s predatory trade practices, he add


The highly anticipated dinner between the two leaders, set for Saturday, will occur on the sidelines of the G-20 summit in Argentina. “I bet a lot of those leaders around the table at the G-20 might be whispering to Donald Trump, ‘Strike a hard bargain with the Chinese,'” Burns said. He expects China to offer a guarantee that they will import a certain level of U.S. exports per year. However, the administration is more interested in structural changes to China’s predatory trade practices, he add
Trump has ‘silent’ support of world leaders to strike ‘hard bargain’ with China: Ex-NATO ambassador Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: michelle fox, mikhail svetlov, getty images
Keywords: news, cnbc, companies, burns, trump, china, exnato, leaders, tariffs, silent, table, trade, g20, world, expects, chinas, chinese, hard, support, strike, bargain


Trump has 'silent' support of world leaders to strike 'hard bargain' with China: Ex-NATO ambassador

The highly anticipated dinner between the two leaders, set for Saturday, will occur on the sidelines of the G-20 summit in Argentina.

“I bet a lot of those leaders around the table at the G-20 might be whispering to Donald Trump, ‘Strike a hard bargain with the Chinese,'” Burns said.

The U.S. and China have been engaged in escalating tariffs. In September, the White House announced its latest duties on $200 billion of Chinese goods. If the two nations don’t reach a truce by 2019, the tariffs will jump from 10 percent to 25 percent. It’s part of the administration’s plan to obtain what it sees as more favorable trade deals for the U.S.

Trump has already fired the first round in negotiations, said Burns, who served as U.S. ambassador to NATO and was the State Department’s third-ranking diplomat during George W. Bush’s presidency.

The president told The Wall Street Journal earlier this week that he expects to move ahead with the 25 percent tariffs and also suggested he could place a 10 percent tariff on iPhones and laptops imported from China.

“He’s a cagey negotiator,” said Burns. “He’s trying to put the ball in China’s court and see the amount he can get from China, from Xi Jinping, across that table on Saturday night.

He expects China to offer a guarantee that they will import a certain level of U.S. exports per year. However, the administration is more interested in structural changes to China’s predatory trade practices, he added.

“It’s a cat-and-mouse game between two very strong-willed leaders, strong governments,” Burns said.


Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: michelle fox, mikhail svetlov, getty images
Keywords: news, cnbc, companies, burns, trump, china, exnato, leaders, tariffs, silent, table, trade, g20, world, expects, chinas, chinese, hard, support, strike, bargain


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Mortgage Bankers Association expects more millennials to buy houses


Mortgage Bankers Association expects more millennials to buy houses Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-29
Keywords: news, cnbc, companies, millennials, houses, bankers, buy, mortgage, expects, association


Mortgage Bankers Association expects more millennials to buy houses


Company: cnbc, Activity: cnbc, Date: 2018-11-29
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Investing in China: JP Morgan expects unicorn startups in next 5 years

More start-ups valued at $1 billion or more — so-called “unicorns” — are coming to China within the next five years, a J.P. Morgan Chase executive said on Wednesday. “We are very excited about the prospects for technology in China,” said Jing Ulrich, managing director and vice chairman for Asia Pacific at the investment banking giant. “I would say in the next three to five years, in some of these verticals, you will have a number of unicorns and super-unicorns emerging, and they should be very,


More start-ups valued at $1 billion or more — so-called “unicorns” — are coming to China within the next five years, a J.P. Morgan Chase executive said on Wednesday. “We are very excited about the prospects for technology in China,” said Jing Ulrich, managing director and vice chairman for Asia Pacific at the investment banking giant. “I would say in the next three to five years, in some of these verticals, you will have a number of unicorns and super-unicorns emerging, and they should be very,
Investing in China: JP Morgan expects unicorn startups in next 5 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: huileng tan, dave zhong, getty images for cnbc international
Keywords: news, cnbc, companies, xi, startups, ulrich, west, morgan, valued, unicorn, jp, investors, globally, china, billion, investing, expects, unicorns


Investing in China: JP Morgan expects unicorn startups in next 5 years

More start-ups valued at $1 billion or more — so-called “unicorns” — are coming to China within the next five years, a J.P. Morgan Chase executive said on Wednesday.

“We are very excited about the prospects for technology in China,” said Jing Ulrich, managing director and vice chairman for Asia Pacific at the investment banking giant.

In particular, China is “really leading the way globally” in the realms of artificial intelligence, “new-energy” vehicles and electronic payments, Ulrich said at CNBC’s East Tech West conference in the Nansha district of Guangzhou, China.

“I would say in the next three to five years, in some of these verticals, you will have a number of unicorns and super-unicorns emerging, and they should be very, very popular among investors globally,” Ulrich said.

Unicorns are commonly defined as start-ups valued at $1 billion or more.

Ulrich’s upbeat assessment comes amid an intense trade fight between Beijing and Washington. Investors will closely watch a weekend meeting between President Donald Trump and Chinese leader Xi Jinping at the G-20 summit in Buenos Aires, Argentina.


Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: huileng tan, dave zhong, getty images for cnbc international
Keywords: news, cnbc, companies, xi, startups, ulrich, west, morgan, valued, unicorn, jp, investors, globally, china, billion, investing, expects, unicorns


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Deere CEO expects trade war to have a long-lasting impact on agriculture

“We’re more concerned about the structural changes that it might force on the global supply of soybeans and other commodities,” Allen said on CNBC’s “Squawk on the Street.” A secondary concern for Allen is the farms that are very leveraged and are struggling in the short-term. “We think that’s probably best done outside of the public forum and done in more private conversations that can lead to more fruitful negotiations.” “I think they ought to pause and see if the economy continues to move for


“We’re more concerned about the structural changes that it might force on the global supply of soybeans and other commodities,” Allen said on CNBC’s “Squawk on the Street.” A secondary concern for Allen is the farms that are very leveraged and are struggling in the short-term. “We think that’s probably best done outside of the public forum and done in more private conversations that can lead to more fruitful negotiations.” “I think they ought to pause and see if the economy continues to move for
Deere CEO expects trade war to have a long-lasting impact on agriculture Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: amelia lucas
Keywords: news, cnbc, companies, war, soybeans, china, allen, supply, expects, trade, ceo, tariffs, impact, trumps, think, longlasting, president, private, deere, agriculture, rate


Deere CEO expects trade war to have a long-lasting impact on agriculture

Tariffs are doing more damage than good for US tech leadership, says Deere CEO 2 Hours Ago | 07:31

Deere Chairman and CEO Samuel Allen said on Wednesday that his main concern with President Donald Trump’s tariffs is the long-term effects it will have on the supply of agricultural commodities.

“We’re more concerned about the structural changes that it might force on the global supply of soybeans and other commodities,” Allen said on CNBC’s “Squawk on the Street.”

For example, if China were to seek out soybeans from another country like Brazil, those farmers could produce the soybeans quickly, which could lead to an oversupply over a longer period of time. That means the U.S. farmer will continue to be hurt by the tariffs even after they are lifted because of the surplus created by China seeking out substitute suppliers.

A secondary concern for Allen is the farms that are very leveraged and are struggling in the short-term.

Allen, who also serves as the chairman of the Council on Competitiveness, said he believes intellectual property theft by China is a valid issue that should be resolved. But he disagrees with Trump’s approach, saying that he does not think that tariffs make the U.S. more competitive against China and create more friction between the countries.

Instead, Allen favors negotiations away from the eyes of the public.

“There should be discussion with China and its leaders,” he said. “We think that’s probably best done outside of the public forum and done in more private conversations that can lead to more fruitful negotiations.”

Allen pointed to Trump’s strong will and skill set as a negotiator as reasons why he could have more success than his predecessors in private talks with China.

Once again, all eyes will be on Trump and President Xi Jinping at this weekend’s G-20 summit, where the two leaders could broker a truce on trade.

One issue that he does agree with the president on is the Federal Reserve raising rates.

“I think they ought to pause and see if the economy continues to move forward in a robust fashion,” Allen said. “They can always later mete another rate or two increase but I worry if they bring in another rate increase that it may be the triggering event that causes the economy to really slow down and so I would wish they would hold up for a few quarters.”

Allen said that Deere has seen a slowdown in orders because customers are worried about what could happen with rate hikes.

The effects of slowing home sales has not yet hit its construction equipment orders, however, because that equipment can also be used in oil production and fracking.


Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: amelia lucas
Keywords: news, cnbc, companies, war, soybeans, china, allen, supply, expects, trade, ceo, tariffs, impact, trumps, think, longlasting, president, private, deere, agriculture, rate


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China’s economy ‘may be bending,’ but it’s not ‘breaking,’ JP Morgan says

Reaching temporary truce between US and China ‘good for the market,’ JP Morgan says 4 Hours Ago | 05:01The world’s second-largest economy remains on track to be one of the fastest-growing globally, according to Jing Ulrich, managing director and vice chairman for Asia Pacific at J.P. Morgan Chase. “The important thing to note is the Chinese economy may be bending. It is not breaking,” Ulrich said Tuesday at CNBC’s East Tech West conference in the Nansha district of Guangzhou, China. She said the


Reaching temporary truce between US and China ‘good for the market,’ JP Morgan says 4 Hours Ago | 05:01The world’s second-largest economy remains on track to be one of the fastest-growing globally, according to Jing Ulrich, managing director and vice chairman for Asia Pacific at J.P. Morgan Chase. “The important thing to note is the Chinese economy may be bending. It is not breaking,” Ulrich said Tuesday at CNBC’s East Tech West conference in the Nansha district of Guangzhou, China. She said the
China’s economy ‘may be bending,’ but it’s not ‘breaking,’ JP Morgan says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-27  Authors: evelyn cheng, dave zhong, getty images for cnbc international
Keywords: news, cnbc, companies, morgan, breaking, economy, slow, worlds, bending, slowdown, jp, rate, ulrich, chinas, expects, growth


China's economy 'may be bending,' but it's not 'breaking,' JP Morgan says

Reaching temporary truce between US and China ‘good for the market,’ JP Morgan says 4 Hours Ago | 05:01

The world’s second-largest economy remains on track to be one of the fastest-growing globally, according to Jing Ulrich, managing director and vice chairman for Asia Pacific at J.P. Morgan Chase.

“The important thing to note is the Chinese economy may be bending. It is not breaking,” Ulrich said Tuesday at CNBC’s East Tech West conference in the Nansha district of Guangzhou, China.

She said the firm expects China’s economy to slow from 6.6 percent to 6.1 percent next year. Beijing’s efforts to reduce reliance on debt for growth, an increase in uncertainty among consumers and an investment slowdown in areas such as real estate are all contributing to the slowdown, Ulrich said.

However, a growth rate above 6 percent would still mark one of the fastest in the world, and would top the U.S., which grew at a 3.5 percent annual rate in the third quarter.

Ulrich added she expects the U.S. economy to slow next year, as corporate profit growth slows and the stimulative effects of tax cuts wear out.


Company: cnbc, Activity: cnbc, Date: 2018-11-27  Authors: evelyn cheng, dave zhong, getty images for cnbc international
Keywords: news, cnbc, companies, morgan, breaking, economy, slow, worlds, bending, slowdown, jp, rate, ulrich, chinas, expects, growth


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