Elizabeth Warren Rips Fed's 'Extreme' Interest Rates Hike As Anger Grows:
newsweek.com/elizabeth-warren-rips-fed-extreme-interest-rates-hike-anger-grows-1775499
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| Last Updated | Jan 21 23 |
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US business activity cools in April; inflation measures mixed: U.S. business activity cooled in April to a four-month low due to weaker demand ...
reuters.com/markets/us/us-business-activity-cools-april-inflation-measures-mixed-2024-04-23/
Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
Inflation’s Last Mile Will Test Jerome Powell and the Federal Reserve: Slower disinflation and approaching elections are a dangerous combination.
bloomberg.com/opinion/articles/2024-04-23/inflation-s-last-mile-will-test-jerome-powell-and-the-federal-reserve
Paid articlePaid
Higher interest rates are rippling through the market again: Borrowers from homebuyers to the federal government are seeing their costs surge.
axios.com/2024/04/23/interest-rates-higher-for-longer
Quick Glance: McConnell Attributes Delay in Crucial Ukraine Aid to Tucker Carlson and Trump
- Mitch McConnell celebrated new U.S. aid to Ukraine and blamed Tucker Carlson and Donald Trump for the delay.
- McConnell emphasized the importance of Ukraine aid, criticized Carlson and Trump for the delay, and praised the expected passage of the bill.
- He expressed support for Ukraine aid and highlighted the significance of supporting freedom-loving countries globally.
- McConnell expressed optimism about the GOP Senate nominees and confidence in winning the majority to transition into the role of majority leader.
Why the Fed keeping rates higher for longer may not be such a bad thing: It's a tough case to sell that higher interest rates today are having a substantially ...
cnbc.com/2024/04/24/why-the-fed-keeping-rates-higher-for-longer-may-not-be-such-a-bad-thing.html
StanChart Tells Clients Craving Oil, Copper to Beware Inflation: Some Standard Chartered Plc clients are increasingly favoring tangible assets like copper and ...
bloomberg.com/news/articles/2024-04-24/stanchart-tells-clients-craving-oil-copper-to-beware-inflation
Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
Paid articlePaidQuick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches New Way: The Federal Reserve is stuck in a mode of forecasting and public communication ...
bloomberg.com/news/articles/2024-04-21/fed-s-forecasting-method-looks-increasingly-outdated-as-bernanke-pitches-new-way
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Powell Signals High Rates for Longer Due to Persistent Inflation: Federal Reserve Chair Jerome Powell said recent inflation data have indicated it will likely ...
bloomberg.com/news/articles/2024-04-16/powell-signals-high-rates-for-longer-due-to-persistent-inflation
Paid articlePaidQuick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
FTC votes to ban noncompete agreements for most workers: U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule ...
apnews.com/article/jobs-employers-noncompete-agreements-economy-pay-4d7b3eb8e143cfd52025c7f2f5259fc4
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Gold (XAUUSD) Steady After Two-Day Drop Driven by Easing Mideast Tension: Gold ticked down ahead of US data due later this week that may shed more light on the ...
bloomberg.com/news/articles/2024-04-24/gold-xauusd-steady-after-two-day-drop-driven-by-easing-mideast-tension
Paid articlePaid Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
Paid articlePaid Gold (XAUUSD) Falls Again After Biggest Daily Slump in Almost Two Years: Gold extended losses after its biggest daily decline in almost two years ...
bloomberg.com/news/articles/2024-04-23/gold-xauusd-falls-again-after-biggest-daily-slump-in-almost-two-years
Goolsbee Says Fed Needs More Time Before Cutting as Prices Stall: Federal Reserve Bank of Chicago President Austan Goolsbee said progress on inflation has ...
bloomberg.com/news/articles/2024-04-19/goolsbee-says-fed-needs-more-time-before-cutting-as-prices-stall
Paid articlePaid New US Home Sales Jump to Highest Level Since September: Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out ...
bloomberg.com/news/articles/2024-04-23/new-us-home-sales-jump-to-highest-level-since-september
Paid articlePaid US Stock Market Uncertainty Has Traders Buying Put Options to Hedge Portfolios: Stock market investors who have been reluctant to hedge their portfolios in the ...
bloomberg.com/news/articles/2024-04-24/reluctant-traders-protect-themselves-from-further-market-mayhem
Paid articlePaid Traders Add Bets That Fed to Skip Interest-Rate Cuts This Year: Traders in the US interest-rates market have started to put on wagers that the Federal Reserve ...
bloomberg.com/news/articles/2024-04-23/traders-add-bets-that-fed-to-skip-interest-rate-cuts-this-year
Fed’s Powell Rethinks Interest-Rate Cuts For 2024 To Combat Inflation: A string of disappointing inflation data has forced the Federal Reserve to reset the clock ...
bloomberg.com/news/articles/2024-04-19/fed-s-powell-rethinks-interest-rate-cuts-for-2024-to-combat-inflation
US Rent Inflation Looms Over Potential Interest-Rate Cut: Rent increases are taking longer to moderate in the Northeast and Midwest than in the West and South.
bloomberg.com/news/articles/2024-04-18/us-rent-inflation-looms-over-potential-interest-rate-cut
Paid articlePaid Fed May Delay Rate Cuts Until After 2024, Neel Kashkari Says: The Federal Reserve needs to achieve more confidence that inflation is declining before cutting ...
bloomberg.com/news/articles/2024-04-18/kashkari-says-fed-could-potentially-hold-rates-steady-all-year
ECB Can Move First But Fed Divergence Would Be Felt, Vujcic Says: The European Central Bank can lower interest rates before the Federal Reserve does likewise ...
bloomberg.com/news/articles/2024-04-19/ecb-can-move-first-but-fed-divergence-would-be-felt-vujcic-says
Emerging Markets Extend Bounce to Second Day After US PMI Miss: Emerging-market stocks rose for a second session amid signs of easing tensions in the Middle East ...
bloomberg.com/news/articles/2024-04-23/emerging-market-stocks-sustain-recovery-as-mideast-concerns-ease
Paid articlePaid Fed to Cut Interest Rates Twice in 2024, BlackRock’s Rick Rieder Says: Bond investors confronting a painful run-up in yields in the past month may soon find ...
bloomberg.com/news/articles/2024-04-22/blackrock-s-rieder-sees-scope-for-two-fed-rate-cuts-this-year
Fed's Loretta Mester Expects Inflation to Fall Further: Federal Reserve Bank of Cleveland President Loretta Mester said monetary policy is in a good place ...
bloomberg.com/news/articles/2024-04-17/mester-says-fed-can-hold-rates-steady-not-in-a-hurry-to-cut
Strong US Dollar Looks Set to Stay, Forcing Investors, Economies to Rethink: The world’s financial markets are encountering a force they didn’t bet on for 2024: ...
bloomberg.com/news/articles/2024-04-22/dollar-s-extended-supremacy-is-a-stark-wake-up-call-for-markets
Why Is US Inflation Still High? Blame Powell Pivot, Housing Shortage: This was supposed to be the year that US inflation rode the last mile down to 2% ...
bloomberg.com/news/articles/2024-04-17/inflation-s-stubborn-start-to-2024-blamed-partly-on-powell-pivot
Paid articlePaid Fed May Not Cut Interest Rates at All This Year, JPMorgan's Daniel Pinto Says
bloomberg.com/news/articles/2024-04-18/relatively-high-chance-of-no-rate-cuts-this-year-jpmorgan-s-pinto-says
Paid articlePaid Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
bloomberg.com/news/articles/2024-04-19/economists-dial-up-us-gdp-forecasts-temper-fed-rate-outlook
Paid articlePaid Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Fed’s Uncertain Path Creates Bind for Bank of Canada’s Macklem: The Bank of Canada is getting closer to cutting interest rates, but there are limits to how far ...
bloomberg.com/news/articles/2024-04-19/fed-s-uncertain-path-creates-bind-for-bank-of-canada-s-macklem
Paid articlePaid US Rate Cuts Latest: Fed’s Preferred Inflation Gauge Is Set to Back Patience: Federal Reserve officials are about to get further confirmation that progress ...
bloomberg.com/news/articles/2024-04-20/us-rate-cuts-latest-fed-s-preferred-inflation-gauge-is-set-to-back-patience
Paid articlePaid Higher for Longer Hits Bonds With 5% Yields Back in Play: Welcome to the Weekly Fix, the newsletter that’s confident rate cuts are coming sometime, somewhere ...
bloomberg.com/news/newsletters/2024-04-19/higher-for-longer-hits-bonds-with-5-yields-back-in-play
Gold Seen Hitting $3,000 at Citi on Investor Inflows and Fed Expectations: Gold is set to reach $3,000 an ounce over the next six to 18 months on increasing ...
bloomberg.com/news/articles/2024-04-16/gold-seen-hitting-3-000-at-citi-as-investor-inflows-juice-rally
Paid articlePaid Bloomberg Evening Briefing: Blame the Rent for America’s Sticky Inflation: Get caught up.
bloomberg.com/news/newsletters/2024-04-18/bloomberg-evening-briefing-blame-the-rent-for-america-s-sticky-inflation
Asian Stocks Fall as Israel-Iran Tensions, Hawkish Fed Stance on Rates: Asian stocks plunged as broad risk aversion swept through markets on renewed concerns ...
bloomberg.com/news/articles/2024-04-19/asian-stocks-slump-as-mideast-woes-hawkish-fed-sour-sentiment
Paid articlePaid Fed’s Rate-Cut Delay, Explained: What It Means for US and World: The US Federal Reserve and its vast global audience thought 2024 would be a rate-cut bonanza ...
bloomberg.com/news/articles/2024-04-19/fed-s-rate-cut-delay-explained-what-it-means-for-us-and-world
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Fed Says Persistent Inflation Is Seen as Top Financial Risk: Higher-than-expected interest rates amid persistent inflation are perceived as the biggest threat to ...
bloomberg.com/news/articles/2024-04-19/fed-says-persistent-inflation-is-seen-as-top-financial-risk
Paid articlePaid
Stocks Poised for Higher Open: The March personal consumption expenditures report and other economic data this week could help provide clarity on the Federal ...
barrons.com/articles/stocks-poised-for-higher-open-cff03ea3
Paid articlePaid Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Fading: The Bloomberg Open, Europe Edition: Good morning. China’s economy is already fading after a strong start to the year. UBS says a Fed rate hike is ...
bloomberg.com/news/newsletters/2024-04-16/fading-the-bloomberg-open-europe-edition
Paid articlePaid JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
Bond-Market ‘Washout’ Near, Setting Up a Moment to Buy, JPMorgan’s Michele Says: ‘I’m trying to hang onto all my fingers and toes and keep my discipline ...
bloomberg.com/news/newsletters/2024-04-22/bond-market-washout-near-setting-up-a-moment-to-buy-jpmorgan-s-michele-says
Fed’s Daly Says No Urgency to Cut, Policy in a Good Place: Federal Reserve Bank of San Francisco President Mary Daly reiterated there’s no urgency to adjust ...
bloomberg.com/news/articles/2024-04-16/fed-s-daly-says-no-urgency-to-cut-policy-in-a-good-place
Paid articlePaid Investment Opportunities With Hot Inflation, Higher-for-Longer Interest Rates: Rising prices and high interest rates are frustrating investors ...
bloomberg.com/news/articles/2024-04-19/investment-opportunities-with-hot-inflation-higher-for-longer-interest-rates
Paid articlePaid Firms in Beige Book Fret Over Any Lengthy Baltimore Port Closure: The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis ...
bloomberg.com/news/articles/2024-04-17/firms-in-beige-book-fret-over-any-lengthy-baltimore-port-closure
Paid articlePaid Powell’s US Rates Warning Means Headaches for Rest of the World: Federal Reserve Chair Jerome Powell is making life tougher for his peers around the world as the ...
bloomberg.com/news/articles/2024-04-17/powell-s-us-rates-warning-means-headaches-for-rest-of-the-world
Paid articlePaid ECB’s Vasle Sees Limit to How Far Lagarde’s ECB Can Diverge From Powell and Fed: The European Central Bank can’t fully disregard inflation dynamics and monetary ...
bloomberg.com/news/articles/2024-04-18/ecb-s-vasle-sees-limit-to-how-far-lagarde-s-ecb-can-diverge-from-powell-and-fed
Paid articlePaid
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
Podcast: Which Way Will the UK Go on Rate Cuts?: On this episode of In the City , we explain two schools of thought on the BOE’s strategy, and their implications ...
bloomberg.com/news/articles/2024-04-24/podcast-which-way-will-the-uk-go-on-rate-cuts
Paid articlePaid Fed’s Williams Still Expects Rate Cuts to Begin This Year: Federal Reserve Bank of New York President John Williams said the central bank will likely start ...
bloomberg.com/news/articles/2024-04-15/williams-says-fed-likely-to-start-lowering-rates-this-year
Paid articlePaid World Economy Latest: Fed’s Delay to Cut Recalibrates All Interest Rates: Federal Reserve Chair Jerome Powell signaled US central bankers will wait longer to cut ...
bloomberg.com/news/articles/2024-04-20/world-economy-latest-fed-s-delay-to-cut-recalibrates-all-interest-rates
Paid articlePaid Fed’s Jefferson Sees Steady Interest Rate Helping to Push Down Inflation: Federal Reserve Vice Chair Philip Jefferson said he expects inflation will continue to ...
bloomberg.com/news/articles/2024-04-16/fed-s-jefferson-sees-steady-interest-rate-helping-to-push-down-inflation
Paid articlePaid Student-Loan Interest Rates Set to Reach Great Recession Highs: Anyone who needs to borrow from the US government to cover college tuition this fall will likely ...
bloomberg.com/news/articles/2024-04-22/student-loan-interest-rates-set-to-reach-great-recession-highs
Paid articlePaid Fed’s Uncertain Path Creates Bind for Bank of Canada’s Macklem: The Bank of Canada is getting closer to cutting interest rates, but there are limits to how far ...
bloomberg.com/news/articles/2024-04-19/fed-s-uncertain-path-creates-bind-for-bank-of-canada-s-macklem
Paid articlePaid Recent Data Support Rates Staying Higher for Longer: Fed Vice Chair
barrons.com/articles/rate-cuts-fed-vice-chair-jeffersin-ae880630
Paid articlePaid Troubled Borrowers Seen Fighting for Runway Without Fed Cuts: The surprising resilience of the US economy would seem, on the face of it, to be good for ...
bloomberg.com/news/articles/2024-04-19/troubled-borrowers-seen-fighting-for-runway-without-fed-cuts
Paid articlePaid Rupiah (IDR) Slump May Keep Bank Indonesia Rate Cuts at Bay Until 2025: Indonesia’s central bank will likely postpone monetary easing to later this year ...
bloomberg.com/news/articles/2024-04-23/rupiah-slump-may-keep-bank-indonesia-rate-cuts-at-bay-until-2025
Morgan Stanley Sees Fed Cut Delay Pushing Back Easing in Asia: Most central banks across Asia are likely to begin cutting interest rates later in the year — if ...
bloomberg.com/news/articles/2024-04-16/morgan-stanley-sees-fed-cut-delay-pushing-back-easing-in-asia
Paid articlePaid IMF Urges Asia’s Central Banks to Avoid Closely Tracking Fed: The International Monetary Fund cautioned Asian central banks against prioritizing what they think ...
bloomberg.com/news/articles/2024-04-18/imf-urges-asia-s-central-banks-to-avoid-closely-tracking-fed
US Durable Goods Orders Rose in March 2024: Orders placed with US factories for business equipment rose modestly in March, indicating firms are cautious about ...
bloomberg.com/news/articles/2024-04-24/us-orders-for-business-equipment-tick-up-after-downward-revision
Paid articlePaid Five Things You Need to Know to Start Your Day: Asia: Musk postpones his trip to India. The Fed explores a new way of economic forecasting ...
bloomberg.com/news/newsletters/2024-04-21/five-things-you-need-to-know-to-start-your-day-asia
Stand Pat: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-16/stand-pat-the-bloomberg-close-americas-edition
Paid articlePaid Muni Funds Lose Most Cash Since 2022 With Fed Delaying Cuts: Investors yanked money from municipal bond funds at the fastest clip in more than a year as they ...
bloomberg.com/news/articles/2024-04-19/muni-funds-lose-most-cash-since-2022-with-fed-delaying-cuts
Paid articlePaid
Mortgage rates jump past 7% for the first time in 2024, posing big dilemma for homebuyers
nypost.com/2024/04/18/business/mortgage-rates-jump-past-7-for-the-first-time-in-2024-posing-big-dilemma-for-homebuyers/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
BPI’s Bill Nelson Sees Fed Pushing Reserves Below Resistance Point: As the Federal Reserve shrinks its balance sheet, there’s a chance policymakers will keep ...
bloomberg.com/news/articles/2024-04-17/bpi-s-nelson-sees-fed-pushing-reserves-below-resistance-point
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
Europe Faces Twin Blow If ECB and Fed Don’t Cut, Scicluna Warns: The euro zone’s stuttering economy would face a twin blow should interest rates not be lowered ...
bloomberg.com/news/articles/2024-04-19/europe-faces-twin-blow-if-ecb-and-fed-don-t-cut-scicluna-warns
BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
bloomberg.com/news/articles/2024-04-19/bofa-strategists-say-rates-jitters-are-fueling-stock-outflows
Paid articlePaid Stock Market Today: Dow, S&P Live Updates for April 16: The world’s biggest bond market remained under pressure and stocks wavered after Jerome Powell signaled ...
bloomberg.com/news/articles/2024-04-15/stock-market-today-dow-s-p-live-updates
Paid articlePaid US Economy Has 'Expanded Slightly' Since Late February, Fed Beige Book Says
bloomberg.com/news/articles/2024-04-17/us-economy-expands-slightly-inflation-modest-fed-beige-book
US Bond Yields Climb on Interest-Rate Hike Mention by Fed’s Williams: The US bond market’s recovery from the year’s highest yield levels was cut short Thursday ...
bloomberg.com/news/articles/2024-04-18/bonds-stumble-on-mere-mention-of-fed-rate-hike-by-williams
Paid articlePaid Rupee recovery likely to be challenged by importers, Fed view: The Indian rupee is expected to open little changed on Tuesday on expectations that importers will ...
reuters.com/markets/currencies/rupee-recovery-likely-be-challenged-by-importers-fed-view-2024-04-23/
Gold (XAUUSD) Holds Near Record as Traders Overlook Delayed Cuts Scenario: Gold held near a record-high, even as as investors weighed a shift in messaging from ...
bloomberg.com/news/articles/2024-04-17/gold-xauusd-holds-near-record-as-traders-overlook-delayed-cuts-scenario
Paid articlePaid
Mortgage Rates Pass 7% for First Time in 2024: The average 30-year fixed mortgage rate this week was 7.1%, according to Freddie Mac.
barrons.com/articles/mortgage-rates-pass-7-percent-a68234b4
Paid articlePaid 'As Long As Needed': The Bloomberg Open, Europe Edition: Good morning. Jerome Powell says the Fed can wait as long as needed before cutting rates ...
bloomberg.com/news/newsletters/2024-04-17/-as-long-as-needed-the-bloomberg-open-europe-edition
Paid articlePaid PineBridge Eyes Long Asia Credits as Pendulum Swings on Fed Cuts: PineBridge Investments, which runs one of the top-performing bond funds in Asia in recent years ...
bloomberg.com/news/articles/2024-04-21/pinebridge-eyes-long-asia-credits-as-pendulum-swings-on-fed-cuts
Paid articlePaid
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows: A trove of anecdotes on the economy gathered by the Federal Reserve over five decades may hold ...
bloomberg.com/news/articles/2024-04-17/fed-s-beige-book-holds-clues-to-predicting-downturn-study-shows
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Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Dollar Power: Fed's Higher-for-Longer Is Turning the Currency Screws: Powell makes clear that the Fed won’t cut soon. The dollar is turning the screws ...
bloomberg.com/opinion/articles/2024-04-17/dollar-power-fed-s-higher-for-longer-is-turning-the-currency-screws
Paid articlePaid Treasury Yields Reach New 2024 Highs After March Retail Sales: Most US Treasury yields climbed to new year-to-date highs — and the 2-year note’s approached 5% — ...
bloomberg.com/news/articles/2024-04-15/treasury-yields-reach-new-2024-highs-after-march-retail-sales
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