The good news is more rate cuts are on the way. The bad news is the economy is weaker and that will put pressure on earnings.

The U.S. economy is continuing to weaken, ... We are bearish over the next few months. The beige book continues to show weakness in the U.S.

The U.S. economy is continuing to weaken. We are bearish over the next few months. The beige book continues to show weakness in the U.S.

Bad news should always come after lunch.. first thing in the morning everything left a bruise.

The news should improve in the second half as likely Fed rate cuts begin to affect the economy and earnings momentum improves on easy comparison,

It means that the housing market is seriously slowing. It's not great news for the economy.