US Markets

The impacts of the pandemic-era government spending and monetary policy that helped support the U.S. economy have faded, and that makes the country vulnerable to a downturn in the coming months

“I think there’s a chance real numbers will deteriorate soon,” Dimon said at a Morgan Stanley conference on Tuesday, according to a transcript from FactSet.

The Organization for Economic Co-operation and Development downgraded the US growth outlook to 1.6% in 2025 and 1.5% in 2026. The OECD previously expected a 2.2% expansion in 2025.

Nvidia reported better-than-expected earnings and revenue on Wednesday, as the company’s booming data center business recorded year-over-year growth of more than 73%.

Overall revenue grew 69% during the quarter.

EPS FY25 = $3.00: FY26 =$4.25: FY27 = $6.00: FY28 $7.30