Daily Spotlight

Market Watch 2025-06-18T07:04:48.180

India Anticipated Growth Leader in 2025

The global economy is expected to grow at a sluggish and below-trend rate for the next several quarters, according to the World Economic Outlook from the International Monetary Fund. The world economy is expected to expand at a 2.8% rate in 2025 and a 3% rate in 2026, down from 3.3% in 2024. Though solid, these rates are below the long-term historical global growth rate of 3.8%, due to the impact of tariff uncertainty, inflation, and higher interest rates. For industrialized economies (the U.S., Europe, Japan, etc.), growth is forecast at 1.4% in 2025, followed by 1.5% in 2026. These forecasts have been lowered in recent months due to trade wars. Among the industrialized regions, the U.S. economy is expected to grow the fastest this year, at a 1.8% rate, while Japan's forecast is for 0.6% and Europe is estimated at 0.8%. For emerging economies (China, India, Russia, Brazil, Saudi Arabia, etc.), growth forecasts call for 3.7% in 2025 and 3.9% in 2026. The clear leaders are expected to be India and China, with average growth for the two years of 6.2% and 4.0%, respectively. These growth nations have different drivers: population growth in India, which points toward commodity and industrial-based infrastructure products; and productivity growth in China, which suggests spending on healthcare, technology, and financial services, as GDP/capita grows. Mexico and Canada are likely to be wild cards in the global economic landscape in coming years, as they have been targeted for tariffs by President Trump. Despite the uncertainty, global stocks are off to a strong start in 2025, with the EFA index (ETF = EFA) of developed companies up 10% year to date and the emerging markets ETF (EEM) up 12.5%. Japan, etc.), growth is forecast at 1.4% in 2025, followed by 1.5% in 2026. These forecasts have been lowered in recent months due to trade wars. Among the industrialized regions, the U.S. economy is expected to grow the fastest this year, at a 1.8% rate, while Japan's forecast is for 0.6% and Europe is estimated at 0.8%. For emerging economies (China, India, Russia, Brazil, Saudi Arabia, etc.), growth forecasts call for 3.7% in 2025 and 3.9% in 2026. The clear leaders are expected to be India and China, with average growth for the two years of 6.2% and 4.0%, respectively. These growth nations have different drivers: population growth in India, which points toward commodity and industrial-based infrastructure products; and productivity growth in China, which suggests spending on healthcare, technology, and financial services, as GDP/capita grows. Mexico and Canada are likely to be wild cards in the global economic landscape in coming years, as they have been targeted for tariffs by President Trump. Despite the uncertainty, global stocks are off to a strong start in 2025, with the EFA index (ETF = EFA) of developed companies up 10% year to date and the emerging markets ETF (EEM) up 12.5%.

Argus Fundamental
Universe Of Coverage

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Symbol - Company

Report Date

Industry

Previous Close

MMM - 3M CO.

04/28/2025

Industrial

$142.21

ABT - ABBOTT LABORATORIES

04/21/2025

Healthcare

$132.28

ABBV - ABBVIE INC

05/01/2025

Healthcare

$185.48

ANF - ABERCROMBIE & FITCH CO.

06/06/2025

Consumer Discretionary

$74.98

ACN - ACCENTURE PLC

03/24/2025

Information Technology

$312.03

ADBE - ADOBE INC

06/16/2025

Information Technology

$382.68

ADTN - ADTRAN HOLDINGS INC

05/21/2025

Information Technology

$7.80

AAP - ADVANCE AUTO PARTS INC

05/27/2025

Consumer Discretionary

$48.23

AMD - ADVANCED MICRO DEVICES INC.

05/08/2025

Information Technology

$127.10

ACM - AECOM

05/07/2025

Industrial

$112.19

Analyst
Quick Notes

Weekly Stock List: Focus List Changes

Christine Dooley

6/16/2025

View

Weekly Stock List: Energy, Wealth in the Ground

Christine Dooley

6/9/2025

View

Weekly Stock List: Companies Raising Guidance

Christine Dooley

6/2/2025

View

Weekly Stock List: What Are the Big Guns Buying?

Christine Dooley

5/27/2025

View

Weekly Stock List: Tariff Impact on U.S. Companies

Jim Kelleher

5/19/2025

View

more...

News & Media

Webinar Announcement - Markets & U.S. Economy: What Will the Second Half of 2025 Bring 07/02/2025

PDF icon Webinar Info

Webinar icon Register Here

Argus Updates Sponsored Research Coverage 06/11/2025
Argus Sponsored Research Reports Lands's End, Inc. (NasdaqGM: LE)

Webinar - Wealth in the Ground. 06/04/2025

PDF icon Webinar Slides

Argus Updates Sponsored Research Coverage 6/03/2025
Argus Sponsored Research Reports Build-A-Bear Workshop, Inc (NYSE: BBW)

Argus Updates Sponsored Research Coverage 05/27/2025
Argus Sponsored Research Reports TH International Limited (NasdaqCM: THCH)

Argus Updates Sponsored Research Coverage 05/22/2025
Argus Sponsored Research Reports Golden Matrix Group Inc (NasdaqGM: GMGI)

Argus Updates Sponsored Research Coverage 05/22/2025
Adobe PDF icon Flexshopper, Inc. (NasdaqCM: FPAY) - 05/22/2025 - Update Report

Argus Updates Sponsored Research Coverage 05/16/2025
Argus Sponsored Research Reports Bristow Group Inc. (NYSE: VTOL)

Argus Updates Sponsored Research Coverage 5/15/2025
Argus Sponsored Research Reports OTC Markets Group Inc (OTCQX:OTCM)

Argus in the News 05/15/2025
Argus’ Chris Graja on Walmart (WMT) Schwab Network

Webinar - Communication Services Disruptors. 05/07/2025

PDF icon Webinar Slides

Argus Updates Sponsored Research Coverage 05/06/2025
Argus Sponsored Research Reports Travelzoo (NasdaqGS: TZOO)

Argus Updates Sponsored Research Coverage 04/17/2025
Argus Sponsored Research Reports Heartcore Enterprises Inc (NasdaqCM: HTCR)

Argus Updates Sponsored Research Coverage 04/10/2025
Argus Sponsored Research Reports Ambow Education Holding Ltd. (NYSEAM: AMBO)

Argus Updates Sponsored Research Coverage 04/08/2025
Argus Sponsored Research Reports Cheche Group, Inc. (NasdaqCM: CCG)

Argus Performance - 04/02/2025

PDF icon Argus Research Releases 1Q 2025 Performance Data

Argus Initiates Sponsored Research Coverage 04/02/2025
Argus Sponsored Research Reports Golden Matrix Group Inc (NasdaqGM: GMGI)

Webinar Announcement - Investment Themes for 2025 . 04/02/2025

PDF icon Webinar Slides

Argus Updates Sponsored Research Coverage 04/01/2025
Argus Sponsored Research Reports Enerpac Tool Group Corp. (NYSE: EPAC)

Argus Updates Sponsored Research Coverage 03/26/2025
Argus Sponsored Research Reports Lands's End, Inc. (NasdaqGM: LE)

Argus Updates Sponsored Research Coverage 03/21/2025
Argus Sponsored Research Reports Bristow Group Inc. (NYSE: VTOL)

Argus Updates Sponsored Research Coverage 3/20/2025
Argus Sponsored Research Reports OTC Markets Group Inc (OTCQX:OTCM)

Argus Updates Sponsored Research Coverage 3/18/2025
Argus Sponsored Research Reports Build-A-Bear Workshop, Inc (NYSE: BBW)

Argus Updates Sponsored Research Coverage 03/06/2025
Argus Sponsored Research Reports Travelzoo (NasdaqGS: TZOO)

Webinar Announcement - Forecast for the Consumer Sector. 03/05/2025

PDF icon Webinar Info

PDF icon Webinar Slides

Argus in the News 02/28/2025
Argus’ Jim Kelleher on DELL SchwabNetwork.com

Argus in the News 02/13/2025
Argus’ Kevin Heal on Interest Rates Moneytalk

Webinar Announcement - Values in Healthcare. 02/05/2025

PDF icon Webinar Slides

Argus Annual Performance Review 01/31/2025

PDF icon Argus Quality Study

Argus Whitepaper on Activist Investing 01/31/2025

PDF icon Argus Whitepaper on Activist Investing

Argus Updates Sponsored Research Coverage 01/31/2025
Argus Sponsored Research Reports TH International Limited (NasdaqCM: THCH)

Argus Performance - 01/28/2025

PDF icon Argus Research Releases 4Q 2024 Performance Data

Argus in the News 01/27/2025
Reuters Argus’ Stephen Biggar on American Express earnings Schwab Network

Argus in the News 01/22/2025
Reuters Argus’ Kevin Heal on Regional Bank Earnings Bloomberg

Argus in the News 01/16/2025
Reuters Argus’ Stephen Biggar on bank earnings Reuters

Argus Initiates Sponsored Research Coverage 01/15/2025
Argus Sponsored Research Reports Ambow Education Holding Ltd. (NYSEAM: AMBO)

Argus Initiates Sponsored Research Coverage 01/14/2025
Argus Sponsored Research Reports Kandi Technologies Group Inc (NasdaqGS: KNDI)

Webinar Announcement - Argus Research Analysts Top Picks for 2025 - Wednesday 1/8/2025, 11am ET

PDF icon Webinar Slides

Argus Updates Sponsored Research Coverage 01/07/2025
Argus Sponsored Research Reports Enerpac Tool Group Corp. (NYSE: EPAC)

Argus Updates Sponsored Research Coverage 12/17/2024
Argus Sponsored Research Reports Lands's End, Inc. (NasdaqGM: LE)

Argus Updates Sponsored Research Coverage 12/13/2024
Argus Sponsored Research Reports Heartcore Enterprises Inc (NasdaqCM: HTCR)

Argus Initiates Sponsored Research Coverage 12/12/2024
Adobe PDF icon Flexshopper, Inc. (NasdaqCM: FPAY) - 12/12/2024 - Initiation Report

Argus Updates Sponsored Research Coverage 12/12/2024
Argus Sponsored Research Reports Build-A-Bear Workshop, Inc (NYSE: BBW)

Argus Updates Sponsored Research Coverage 12/10/2024
Argus Sponsored Research Reports Cheche Group, Inc. (NasdaqCM: CCG)

Webinar Announcement - Argus Research 2025 Outlook. 12/04/2024

PDF icon Webinar Slides

Argus Updates Sponsored Research Coverage 12/04/2024
Argus Sponsored Research Reports ASBISc Enterprises Plc (WSE: ASB)

Argus in the News 11/26/2024
Schwab Network Argus’ Stephen Biggar on payment companies SchwabNetwork.com

Argus Updates Sponsored Research Coverage 11/26/2024
Argus Sponsored Research Reports Bristow Group Inc. (NYSE: VTOL)

Argus Updates Sponsored Research Coverage 11/22/2024
Argus Sponsored Research Reports OTC Markets Group Inc (OTCQX:OTCM)

Argus Initiates Sponsored Research Coverage 11/20/2024
Argus Sponsored Research Reports Enerpac Tool Group Corp. (NYSE: EPAC)

Argus in the News 11/14/2024
Schwab Network Joe Bonner on Palantir (PLTR) Bloomberg Yahoo Finance

Argus in the News 11/11/2024
Schwab Network Joe Bonner on Palantir (PLTR) SchwabNetwork.com

Webinar Announcement - Financial Services Sector Outlook. . 11/06/2024

PDF icon Webinar Slides

Argus Updates Sponsored Research Coverage 11/1/2024
Argus Sponsored Research Reports Travelzoo (NasdaqGS: TZOO)

Argus in the News 10/23/2024
Yahoo Finance Jasper Hellweg quoted on Eli Lilly’s New Alzheimer’s drug Kisunla Time Square Investment Journal

Argus in the News 10/17/2024
Yahoo Finance John Eade disscusses how US election could impact the markets MONEYTALK podcast

Argus in the News 10/16/2024
Yahoo Finance Argus’ Stephen Biggar on bank loss reserves Marketplace Radio podcast

Argus in the News 10/15/2024
Yahoo Finance Argus’ Stephen Biggar on the 'Better Picture' Ahead for Banking Stocks SchwabNetwork.com

Argus in the News 10/7/2024
Argus’ Stephen Biggar on 3Q bank earnings Yahoo Finance

Webinar - The Election: Scenarios and Sector Outlook. 10/02/2024

PDF icon Webinar Slides

Argus in the News 9/26/2024
Schwab Network Argus’ Stephen Biggar on Visa SchwabNetwork.com

Argus Updates Sponsored Research Coverage 9/24/2024
Argus Sponsored Research Reports SS Innovations International, Inc. (OTC Pink: SSII)

Argus in the News 9/20/2024
Schwab Network Argus’ Joe Bonner on CrowdStrike (CRWD) SchwabNetwork.com

Argus Updates Sponsored Research Coverage 9/17/2024
Argus Sponsored Research Reports QuantaSing Group Ltd. (NasdaqGM: QSG)

Argus in the News 9/16/2024
Schwab Network Argus’ Stephen Biggar on Banks SchwabNetwork.com

Argus in the News 9/12/2024
David Toung discusses opportunity in healthcare stocks Money Talk

Argus Updates Sponsored Research Coverage 9/12/2024
Argus Sponsored Research Reports Lands's End, Inc. (NasdaqGM: LE)

Argus Updates Sponsored Research Coverage 9/06/2024
Argus Sponsored Research Reports TH International Limited (NasdaqCM: THCH) - 9/06/2024

Argus Updates Sponsored Research Coverage 9/05/2024
Argus Sponsored Research Reports Cheche Group, Inc. (NasdaqCM: CCG)

Webinar - Consumer Discretionary: Retail and Housing Outlook. 9/04/2024

PDF icon Webinar Slides

Argus Updates Sponsored Research Coverage 9/04/2024
Argus Sponsored Research Reports Build-A-Bear Workshop, Inc (NYSE: BBW)

Argus in the News 8/28/2024
Schwab Network Argus’ Joe Bonner on Tech Earnings Preview: CRM, CRWD, MDB SchwabNetwork.com

Argus Updates Sponsored Research Coverage 8/23/2024
Argus Sponsored Research Reports OTC Markets Group Inc (OTCQX:OTCM)

Argus Updates Sponsored Research Coverage 8/23/2024
Argus Sponsored Research Reports ASBISc Enterprises Plc (WSE: ASB)

Argus Updates Sponsored Research Coverage 8/15/2024
Argus Sponsored Research Reports Bristow Group Inc. (NYSE: VTOL)

Webinar - Utilities: Opportunities in a Declining-Rate Environment. 8/07/2024

PDF icon Webinar Slides

Argus Updates Sponsored Research Coverage 8/6/2024
Argus Sponsored Research Reports Travelzoo (NasdaqGS: TZOO)

Argus in the News 8/6/2024
Money Talk Argus’ Joe Bonner on PLTR EPS SchwabNetwork.com

New Portfolio Update

The Argus Sustainable Growth Theme Model Portfolio

Sustainable Impact Investing is gaining traction not only with Argus Research clients but also with the global investment community. As assets have flowed in over the past 40 years, Sustainable Investing has evolved. The discipline, originally known as Socially Responsible Investing, first focused on excluding companies that conducted business in South Africa, or participated in industries such as tobacco, alcohol, and firearms. In time, the list of industries to avoid increased to include soft drinks, fast food, and oil and gas, among numerous others. Performance of initial strategies lagged, and the approach has been modified. Now, instead of merely identifying industries to avoid, the discipline promotes “sustainable” business practices across all industries that can have an “impact” on global issues such as climate, hunger, poverty, disease, shelter, and workers’ rights. Given the strategy’s focus on leading management practices, we expect the growth curve for Sustainable Investing to again slope upward in the years ahead.

Market View

Connecting the Dots

Stocks are up at Wednesday midday. Wall Street is waiting on the Fed’s rate announcement at 2pm ET, followed by Chairman Powell’s press conference at 2:30pm. This round, analysts get the added information of the Fed’s “dot plot” which lays out Fed members’ collective vision of where they see interest rates down the road. The yield on the 10-year Treasury note is 4.36%. Crude oil is at $74 per barrel.

Active Stocks: Hasbro (HAS) cut 3% of its workforce. The CEO had warned that tariffs could lead to higher prices and layoffs. Korn Ferry (KFY) shares are getting a bounce higher after beating earnings expectations. La-Z-Boy (LZB) missed on earnings and offered guidance that is below analyst forecasts. The S&P 500 is up 0.41%, the Dow is up 0.41%, the Nasdaq is up 0.57%, and the Russell 2000 is up 1.10%. Industries trading higher today include: Automobiles, Leisure Products, and Electronic Equipment Instruments & Components. Industries trading lower today include: Energy Equipment & Services, Wireless Telecommunication Services, and Beverages. The VIX is down 1.53 at 20.07 after closing yesterday at 21.60. Options on Kroger Co/The (KR) have appeared on the most-active list today with more than 3,429 contracts of the Jun. 20 $64 put, changing hands. The put/call ratio is 0.9 (1,367,659)/(1,526,601). NYSE Adv/Dec (1969/722). Nasdaq Adv/Dec (2960/1219). [Argus Research, various news and data sources]

The S&P 500 is up 0.41%, the Dow is up 0.41%, the Nasdaq is up 0.57%, and the Russell 2000 is up 1.10%.

Industries trading higher today include: Automobiles, Leisure Products, and Electronic Equipment Instruments & Components. Industries trading lower today include: Energy Equipment & Services, Wireless Telecommunication Services, and Beverages.

The VIX is down 1.53 at 20.07 after closing yesterday at 21.60. Options on Kroger Co/The (KR) have appeared on the most-active list today with more than 3,429 contracts of the Jun. 20 $64 put, changing hands. The put/call ratio is 0.9 (1,367,659)/(1,526,601).

NYSE Adv/Dec (1969/722). Nasdaq Adv/Dec (2960/1219).

[Argus Research, various news and data sources]

Weekly Economic Commentary

Jim Kelleher, CFA, Director of Research - 06/16/2025

Slow Summer Ahead? Don’t Be so Sure

The “lazy hazy crazy days of summer,” according to singer Nat “King” Cole, are the time for soda and pretzels and beer. Summer has not typically been a busy time in the stock market, with little net gain over the “Wall Street summer” timeframe of June through September. When stocks do make a big move in the June-September timeframe, they are slightly more likely to move to the downside than to the upside. ... more

Latest Research

Argus Fundamental
Universe Of Coverage

Daily Spotlight

Market Watch {date:this.formatDateShort}

{title}

Daily Spotlight

India Anticipated Growth Leader in 2025

Market Podcast

Argus President John Eade reviews his 8 Fundamental Forecasts for 2023

Argus Fundamental
Universe Of Coverage

Analyst
Quick Notes

Weekly Stock List: Focus List Changes

Weekly Stock List: Energy, Wealth in the Ground

Weekly Stock List: Companies Raising Guidance

Weekly Stock List: What Are the Big Guns Buying?

Weekly Stock List: Tariff Impact on U.S. Companies

News & Media

New Portfolio Update

The Argus Sustainable Growth Theme Model Portfolio

Market View

Connecting the Dots

Weekly Economic Commentary

Slow Summer Ahead? Don’t Be so Sure

Latest Research

Argus FundamentalUniverse Of Coverage

Daily Spotlight

Market Watch {date:this.formatDateShort}

{title}

Daily Spotlight

India Anticipated Growth Leader in 2025

Market Podcast

Argus President John Eade reviews his 8 Fundamental Forecasts for 2023

Analyst Quick Notes

Weekly Stock List: Focus List Changes

Weekly Stock List: Energy, Wealth in the Ground

Weekly Stock List: Companies Raising Guidance

Weekly Stock List: What Are the Big Guns Buying?

Weekly Stock List: Tariff Impact on U.S. Companies

News & Media

New Portfolio Update

The Argus Sustainable Growth Theme Model Portfolio

Market View

Connecting the Dots

Weekly Economic Commentary

Slow Summer Ahead? Don’t Be so Sure

Argus Fundamental
Universe Of Coverage

Analyst
Quick Notes