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Bloomberg (March 2)

2024/ 03/ 03 by jd in Global News

“European Central Bank officials confronting faster-than-expected inflation might also wonder if this is just the last stumble before their 2% target looms large. While the 2.6% outcome for February released on Friday — and a still-stubborn 3.1% result for the so-called core measure — present grounds for caution, the downward momentum in consumer prices is getting harder to ignore.”

 

Investment Week (September 12)

2023/ 09/ 14 by jd in Global News

“Annual growth in employees’ average total pay, including bonuses, was 8.5%; which was boosted by the NHS and Civil Service one-off payments made in June and July. Due to the strong momentum in wage growth, the Bank of England is expected to push ahead with a 25 basis point interest rate rise at its Monetary Policy Committee meeting later this month.”

 

Seattle Times (August 4)

2021/ 08/ 05 by jd in Global News

“In a sign of growing momentum for vaccine mandates, Microsoft has reversed course and will now require employees to be fully vaccinated to enter the company’s U.S. offices and other worksites.” The revised policy “follows similar moves last week by other employers including tech rivals Google and Facebook, along with Disney and Walmart.”

 

Bloomberg (April 16)

2021/ 04/ 17 by jd in Global News

“China’s economy soared in the first quarter as consumer spending strengthened, joining production and investment in recovering from the Covid slump a year ago.” Year on year, GDP “climbed a record 18.3%,” but that is “skewed by comparisons from a year ago when the economy was in lockdown. A better reading of the economy’s momentum comes from quarter-on-quarter growth, which slowed to 0.6% from 2.6% in the previous three months.”

 

Reuters (September 5)

2019/ 09/ 06 by jd in Global News

“The most likely outcome is now that GDP growth will come in below 2.5%, perhaps significantly lower, the worst since the recession of 2008/09. By implication, oil consumption growth is likely to slip below 1% and 1 million bpd, in line with BP’s latest forecast,” but well short of the last two decade’s 1.5% average annual growth rate. “Until the global economy recovers momentum, oil consumption growth is likely to remain well below trend, keeping prices under pressure.”

 

Fortune (June 7)

2018/ 06/ 09 by jd in Global News

“As the problem of plastic waste around the world has gotten worse, many countries and companies have begun to ban single-use plastic items.” Ikea has added momentum to this movement. Ikea announced “it will stop selling single-use plastic products in its stores and remove them from its restaurants by 2020.” This ties into the retailer’s larger sustainability vision. Ikea seeks “to become ‘planet positive’ by 2030, and aims to purchase 100% renewable energy by 2020, achieve zero emissions on deliveries by 2025 and start using only renewable and recycled materials in its products.”

 

Barron’s February 21)

2018/ 02/ 22 by jd in Global News

“Retailers had a great holiday season to end 2017…but not all of them will be able to hang on to that momentum throughout the year.” Despite some gains, such tighter inventory control and higher gross margins, “investors will be more focused on whether or not companies can sustain that momentum, given how retail was trounced last year by worries about Amazon.com and e-commerce in general.”

 

Retail TouchPoints (January 4)

2018/ 01/ 07 by jd in Global News

Despite a strong holiday sales season, “a real department store turnaround will demand a lot of work.” 2018 will represent “a major ‘prove it’ period for department stores. The sector has taken quarterly sales hits for several years, forcing major players to shutter hundreds of stores, but early holiday numbers indicate these retailers have harnessed some positive momentum.”

 

Institutional Investor (October Issue)

2017/ 10/ 30 by jd in Global News

“Japan’s back, baby! No, you’re not hallucinating…. The world’s third-largest economy may finally have put its deflationary past behind…. Gross domestic product expanded for six straight quarters through June, momentum not seen in more than a decade, and private consumption, which accounts for two thirds of GDP, rose nearly 1 percent in the second quarter.”

 

Reuters (April 27)

2017/ 04/ 28 by jd in Global News

For “the first time since March 2008 the BOJ used the word ‘expansion’ to describe the state of the economy, signaling its conviction that the recovery was gaining momentum.” Still, some “analysts doubt inflation will accelerate as quickly as the BOJ projects, with slow wage growth keeping households from boosting spending.”

 

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