Investors are buying European stocks at the fastest pace in almost a year. Meanwhile, inflows into U.S. equities have been sluggish amid recession fears. A report by Bank of America (BofA) showed. European equity funds received $3.4 billion in inflows in the week ending Friday, according to the report, which strategists including Michael Hartnett cited … Read more
Last December, the U.S. Personal Consumption Expenditure (PCE) price index saw its slowest growth in more than a year, with both the headline index and the core index, which excludes food and energy, slowing further from a year earlier. Meanwhile, spending fell, fueling speculation that the Fed would slow its pace of rate hikes even … Read more
Executives of the Financial Services Agency instructed top management of regional banks to accurately analyze and understand the impact of rising domestic interest rates on their portfolios and credit costs, and give priority to responding to market fluctuations. I found it encouraging. This was confirmed by several people familiar with the matter. At a meeting … Read more
U.S. economic growth in the fourth quarter of 2022 (October-December 2022) outperformed market expectations and moderately slowed as the Fed hopes to keep inflation under control without impeding growth. But economists who have dug into the details of the statistics also see enough warning signs to suggest there remains a significant risk of a recession … Read more
U.S. real gross domestic product (GDP) figures for the first quarter of last year increased at a healthy pace. However, a series of interest rate hikes by the Fed risks slowing growth this year. Key Point Preliminary real GDP for October-December increased by 2.9% year-on-year compared to the previous quarter The median forecast of economists … Read more
![[U.S. market]Stocks bottom out, tech concerns recede-dollar hits mid-129 – Bloomberg](https://i0.wp.com/assets.bwbx.io/images/users/iqjWHBFdfxIU/iPlhrP3XYYOg/v1/1200x800.jpg?fit=%2C&ssl=1 "[U.S. market]Stocks bottom out, tech concerns recede-dollar hits mid-129 – Bloomberg")
The US stock market made up for the decline on the 25th.After the close of the previous day, Microsoft’s cloud business revenue slowed downOutlookIn the morning, the stock was sold, but closed well beyond the intraday lows. stock closing price Compared to the previous business day Rate of change S&P 500 Stock Index 4016.22 -0.73 … Read more
Improving sentiment for U.S. stocks is running counter to deteriorating economic data and corporate earnings, Morgan Stanley strategist Michael Wilson argued. U.S. equities bearish Wilson pointed to a sharp drop in leading indicators on Thursday. This will lead to a sharp decline in corporate profits, which will ultimately lead to a decline in US stocks, … Read more
Investors are their biggest underweight to U.S. stocks since 2005, according to a Bank of America (BofA) survey of fund managers. Investors are looking for cheaper regional stocks as market sentiment improves, he said. Respondents in the January survey were “significantly less bearish” than they were in the fourth quarter of last year, with a … Read more
Football ace Cristiano Ronaldo has signed a two-and-a-half-year deal with Saudi Arabia’s Arnasr. The deal could have made him one of the highest-paid athletes in the world. Although Arnasr did not disclose, the British newspaper The Sun reported that the annual salary of Ronaldo (37) of the Portugal representative could exceed 200 million dollars (about … Read more
The UK will require all travelers from China to prove they have tested negative for the new coronavirus. The Times reports it, citing government officials. According to The Times, Prime Minister Sunak intervened and ordered a mandatory negative test. In addition to presenting a negative certificate, up to one in five Chinese travelers will be … Read more