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://assets.bwbx.io/images/users/iqjWHBFdfxIU/iPlhrP3XYYOg/v1/1200x800.jpg "[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
Investors pulled money out of stocks at a record pace in the days after major central banks made it clear they were relentless in their fight against inflation. A fitting end to the worst year for global equity markets since the financial crisis. About $42 billion (about 5.57 trillion yen) outflowed equity funds in the … Read more
China plans to shorten the mandatory quarantine period for foreign travelers starting in January. Said a person familiar with the matter. With the “Zero Corona” policy, which completely suppresses the new coronavirus, the last remaining restrictions will be lifted. Officials are considering a “0+3” measure to end quarantines in hotels or quarantine facilities and monitor … Read more
The US Federal Open Market Committee (FOMC) will decide to slow the pace of interest rate hikes at its meeting on the 14th, but the terminal rate (the ultimate destination of interest rates) is expected to be higher than expected in precedence. As Fed Chairman Jerome Powell said, this is not an accommodative change, but … Read more