How the Narrative Around Jackson Financial Is Evolving After Analyst Revisions and Buyback Boost

Jackson Financial's fair value price target has seen a modest rise, moving from $103 to $104.80 following updated analyst outlooks. This revision comes as industry experts weigh recent improvements in the company's revenue growth projections and the continuing strength of its core business segments. Stay tuned to learn how investors can track these evolving valuations and stay informed as the company's narrative develops further.🐂 Bullish TakeawaysSeveral analysts have expressed renewed optimism regarding Jackson Financial's outlook, noting that updated revenue growth projections and improved …

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Tariffs cause some China imports to crash 44% in September

Container imports through U.S. maritime gateways in September declined 8.4% from August to more than 2.3 million, the third-highest September on record and 1.9% ahead of the same period in 2024 as resilient demand shook off trade uncertainty.Join the leaders shaping freight’s future at F3: Future of Freight Festival, Oct 21-22 . Network with the industry’s best and discover what’s next .Register now!Imports from China fell 12.3% month-over-month and 22.9% year-over-year, according to Descartes Datamyne. Steep declines were seen in aluminum, 43.8%, footwear, 33.9%, and electric machinery, 31.5%…

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Fed’s Barr says current policy rate is only modestly restrictive

Investing.com -- Federal Reserve Governor Michael Barr stated Thursday that the Fed’s current policy rate is only "modestly restrictive" despite being well above his estimate of the long-run neutral rate."If I were to take my long run estimate, I would say it was quite restrictive," Barr explained, but added that the long-run neutral rate isn’t the appropriate benchmark for assessing how the policy rate is currently affecting the economy.Barr pointed to various factors influencing his assessment, including "the way in which the economy is being affected by supply and demand shocks, given what’…

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Barr favors moving cautiously on rate cuts, reinforcing Fed divide on inflation risks

Federal Reserve Governor Michael Barr said Thursday that he favors a cautious approach to interest rates given uncertainties about whether tariffs would push inflation higher, breaking with some colleagues who are pushing aggressively for more easing.He even expressed skepticism about whether the Fed should fully “look through” higher inflation from import tariffs, as some of his fellow policymakers have argued while making their own case for lower rates.“There has been nothing “one-time” or predictable about these tariff increases, which have ratcheted upward this year on particular countries…

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Gold Tops $4,000 for First Time Fueled by US Shutdown

(Bloomberg) -- Spot gold smashed through $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally.It’s a milestone for bullion, which traded below $2,000 just two years ago, with returns that now outstrip those for equities this century. Gold has jumped more than 50% this year in the face of uncertainties over global trade, the Federal Reserve’s independence and US fiscal stability.Most Read from BloombergThe Long Comeback of the Erie CanalLondon’s ‘Superloop’ Buses Seek to Speed Suburban CommutesThe Federal Governm…

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Analysis-Turkey's gas shift threatens Russia and Iran's last big European market

By Can SezerISTANBUL (Reuters) -Turkey could meet more than half of its gas needs by the end of 2028 by ramping up production and increasing U.S. imports, in a shift that threatens to shrink the last major European market for Russian and Iranian suppliers.Washington has publicly pressured allies, including NATO member Turkey, to cut energy ties with Moscow and Tehran. At their White House meeting on September 25, U.S. President Donald Trump pressed Turkish President Tayyip Erdogan to cut Russian energy purchases.Diversifying supply would also strengthen Turkey's energy security and support its…

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