Economic Optimism Grows Amid Stunning Forecast for Revenue Growth | EWTN News Nightly

About this sermon

Some promising news for the U.S. economy is fueling optimism on Wall Street. Tech company Oracle released a strong revenue forecast. Another boost for the stock market came after a surprisingly encouraging inflation report at the wholesale level. Together, these developments have increased expectations that the Federal Reserve may cut interest rates for the first time this year. Michael Busler, Professor of Finance at Stockton University, joins to break down what this means for the economy. He shares the broader significance of Oracle’s earnings forecast and the potential impact of an interest rate cut. He also looks ahead to a key U.S. housing price report expected soon and discusses whether there are real signs of sustained optimism for both the economy and the stock market. ------------ EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf