FED’S KEY INFLATION GAUGE HITS 30-YEAR HIGH The Core Personal Consumption Expenditures Index, the U.S. Federal Reserve’s preferred measure of inflation, rose to 3.6 percent in August from a year earlier, the U.S. Bureau of Economic Analysis reported, the number’s biggest jump since May 1991. The index excludes the costs of energy and food. The...
314 search results for: SPOTLIGHT ON CHINA
SPOTLIGHT: INFLATION STILL INFLATING
INFLATION WILL GET WORSE, NOT BETTER, OECD SAYS Through 2022, prices will increase significantly more than expected in the world’s most advanced economies, the Organization for Economic Cooperation and Development (OECD) said. Inflation’s pace will quicken to 4.5 percent in this year’s final quarter, the OECD said, boosted by logistics tangles and climbing commodity prices....
SPOTLIGHT: CRYPTOS GO MAINSTREAM
HEDGE FUND OPENS DEDICATED CRYPTO DIVISION. Hedge fund Brevan Howard has established a dedicated division to “significantly expand” its investments in digital assets. The London-based fund, with more than $20 billion under management, has hired Colleen Sullivan, founder and former CEO of crypto firm CMT Digital, to run its new BH Digital unit. The fund...
ECONOMIC UPDATE – MARKET OVERVIEW
October Surprise? Take a look at the facts. October did not start off great for U.S. equities, however, the markets recovered with the S&P 500 hitting new highs.
ECONOMIC UPDATE – MARKET OVERVIEW
Everything's coming up roses. In Japan, the world’s third-largest economy, its central bank said today that it will keep its cheap money scheme going (i.e. quantitative easing) and its negative 0.1 interest rates to juice up its economy which contracted at an annualized 2.9 percent rate in the last quarter.
ECONOMIC UPDATE MARKET OVERVIEW
As we had forecast in July, when the U.S. equity markets were still rising high, they would decline sharply in September and October.
ECONOMIC UPDATE – MARKET OVERVIEW
All the economic eyes are on the central Banksters. What will they do next? Raise, lower or hold their interest rates.
OIL PRICES JUMP AS MIDEAST WAR EXPANDS
The price of Brent crude oil, the benchmark for world oil prices, spiked more than 9 percent last week, trading above $78 a barrel after Israel bombed targets in Lebanon and Iran and Israel exchanged aerial attacks.
IRAN CALLS OUT G7 HYPOCRISY AFTER GROUP CONDEMNED TEHRAN’S RETALIATORY STRIKE ON ISRAEL
The U.S.-led G7 last week condemned Iran for defending itself against recent Israeli war crimes in the region and discussed the appropriate response to punish Tehran—prompting the Iranians to call out the group’s hypocrisy.
FAST-FASHION GIANT MISSING PROFITABILITY TARGET
Sweden’s H&M, the global fast-fashion house, has said it will likely not reach its goal of a 10-percent operating margin this fiscal year.