Stocks Come Off Another Dreadful Week On Rising Bond Yields, But Further Downside Could Be Limited
The S&P 500 ended last week with 90 points or a 2% loss, the Dow Jones with 1200 or a 3.4% loss, and the tech-heavy Nasdaq with 337 points or a 2.5% loss.
Evergrande's Problems Reveal Something Scary About China's Debt
Evergrande's problems reveal something scary about China's debt: Nobody knows how big and how bad it is.
Netflix And Disney Shouldn't Take Subscribers For Granted, Like Old Cable
Both companies are cracking down on password sharing, meaning that the effective subscription rates for friends and family become even costlier.
Stocks Face A Rough Road Ahead On Rising Bond Yields
When bond yields rise, the opportunity cost of capital committed to equities rises, and therefore, the expected return on equities decreases. As a result, equities command lower valuations.
Climate Change Could Make And Break Tourism Fortunes – Who Would Be Winners And Losers?
If the shift in the weather pattern is the case, it could lead to a slowdown and even a reversal of tourism trends between northern and southern Europe, as north Europeans would rather spend their summer vacation time at home than travel in south Europe.
Stocks Rode A Year Of A Resilient Economy – What Is The Next Catalyst?
Twelve months ago, Wall Street was trading on the narrative that the U.S. economy will slide into a full-blown recession for the rest of the year.
July CPI: Is The Fight For Inflation Over?
Both headline July Consumer Price and Producer Price Index are highly volatile, as they include food and energy, which are influenced by seasonal and geopolitical factors.
S&P 500 Companies Are Paying The Price Of The New Global Divide
According to a recent FactSet Geographic Revenue Exposure report, S&P 500 companies with more than 50% overseas sales have suffered a revenue and earnings shortfall, underperforming those with less than 50% overseas sales presence.
Stocks Get A Boost From Amazon Earnings, Steady Bond Yields
After the close of the regular trade session on Wednesday, Amazon reported a second-quarter net income of $6.7 billion or 65 cents per share on $134.4 billion in revenues.
July Jobs Report: Will Wall Street Get What It Wished For?
The Bureau of Labor Statistics (BLS) will release the July nonfarm payrolls report on Friday morning. It's a survey of private business establishments in the country measuring the net number of jobs generated monthly.
Three Best AI Bets On Wall Street
Artificial Intelligence (AI) is the next big thing that promises to change the world and bring new fortunes to Wall Street.
What P&G Price Hikes Tell About Basic Consumer Goods Inflation
P&G's price hikes may continue as the company faces cost pressures on several fronts.
Stocks Caught Between Better Earnings And Rising Interest Rates
A stronger-than-expected U.S. GDP report and robust durable goods sales shook off fears of an impending recession, aiding the positive sentiment about corporate earnings.
Burrito Price Hikes Are Cooling Off Chipotle's Growth
An aggressive pricing strategy that helped Chipotle Mexican Grill shift the cost of inflation to its customers last year is beginning to cool off the company's robust growth.
FOMC July 26 Meeting: A Last Rate Hike?
The chances for another hike have been rising thanks to a robust labor market, something the Fed monitors closely in determining the direction of the nation's monetary policy.
Why Wall Street Cooled Off On Netflix's Earnings
The streaming giant added close to 6 million subscribers and a solid revenue of $8.19 billion, up from $7.97 billion a year ago. In addition, it hiked its free-cash-flow estimates.
China's Producer Deflation Could Crush Smaller Manufacturers Around The World
China's deflation will soon be exported to the rest of the world, as the country is the world's largest factory, making it a price-maker.
Why Wall Street Cooled Off To Big Bank Earnings
Last Friday, Citigroup, JP Morgan and Wells Fargo reported better earnings than the previous quarter.
Did China Kill Hong Kong's Competitiveness?
The Hong Kong government was quick to blame the pandemic for the city's drop in international competitiveness.
However, the cause must be searched in factors like the national security law Beijing imposed to suppress the pro-democracy movement and exercise control over the semi-autonomous region of Hong Kong.
US Consumer Inflation Remains A 'Core' Problem
Wednesday's data showed inflation is at its lowest since early 2021, but it remains a "core" issue for the US economy.
Zimbabwe's Stock Market Rally: How Long Will It Last?
Zimbabwe's inflation was running at an annual rate of 176% in June, while interest rates stand at 150%. That makes experts skeptical about the rally in Zimbabwe's equities, warning investors of the potential risks.
Stocks And Bonds Take A Wild Ride On Conflicting Jobs Reports – What Is Next?
The labor market's resilience supports expectations for a hawkish Fed, meaning Wall Street is in for higher interest rates for extended periods.
Will Japan Stop Counting Lost Decades?
That isn't the first time the Japanese economy has shown signs of life. These signs appeared several times over the last three decades but eventually faded, pushing the world's third-largest economy from one swamp of stagnation to another.
Espresso House Beats Starbucks In Its Own Game—With The Help Of A Labor Union
Unlike Starbucks, which strives to keep its employees from unionizing, Espresso House has a labor union representing its 7000 employees.
June Jobs Report To Make Or Break Wall Street's Rally
The consensus forecast among economists is that the U.S economy added 250,000 jobs in June, down from 339,000 in May.
China's Slowdown Could Spell Trouble For The Asian-Pacific Region And The World
Since the Great Recession, China's annual GDP growth has slowed, from around 14% in 2007 to about 4.5% recently, below the official targets. China's economic slowdown is partly a numbers game. High growth numbers are harder to sustain as economies grow in size.
AI Could Set The World Economy Into Another Virtuous Cycle Of Growth, Solving The Inflation Problem
AI systems will ease labor shortages, raise productivity, and fuel supply-side growth, solving the inflation problem.
How Denmark Beats The US In International Competitiveness
By 2023, the U.S. dropped to the 9th position on the IMD's World Competitiveness Ranking, while Denmark made it to the top of the list.
Does The US Have A China Strategy?
The radical differences in how Beijing and Washington perceive the new geopolitical landscape are most pronounced in the South China Sea.
Why Rising Interest Rates Won't Push The US Economy Into A Recession
In its regular June meeting last week, the Fed sent a clear and loud message to markets: Fighting inflation isn't done. Interest rate hikes will continue for the rest of the year until inflation reaches the official goal of 2%.
