RSS Feed



Tag Cloud


Reuters (July 29)

2022/ 07/ 31 by jd in Global News

“The prospect of a U.S. recession could mean more pain for battered stocks, despite a recent rebound that has taken the benchmark index to its highest level in more than a month.” If the U.S. is indeed entering recession “history shows the rough ride stock investors have endured this year may get even bumpier.”


Institutional Investor (July 28)

2022/ 07/ 30 by jd in Global News

“Inflationary pressures, rising interest rates, a global energy crisis, and a looming recession didn’t stop investors from committing net new capital to sustainable strategies.” During Q2, according to Morningstar, global sustainable funds “brought in $32.6 billion in net new money” while the “broader global fund market experienced $280 billion in net outflows.”


Bloomberg (July 27)

2022/ 07/ 29 by jd in Global News

In unscripted remarks, Fed Chair Jerome Powell mentioned interest rates are at a “neutral level,” which is shorthand for “consistent with monetary policy being neither contractionary nor expansionary.” If rates really “are already at neutral. This would improve the chances of the Fed being able to soft-land the economy, thereby reducing inflation with limited damage to livelihoods and without triggering unsettling financial instability.”


Washington Post (July 26)

2022/ 07/ 28 by jd in Global News

“The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers keep spending, businesses keep posting profits and the economy keeps adding hundreds of thousands of jobs a month.”


CNN (July 26)

2022/ 07/ 27 by jd in Global News

Is the U.S. “heading for a recession” or “already in one”? Since “it already feels like a recession, such fine distinctions may not matter. “Soaring prices… make it tougher to pay for everyday expenses and monthly bills. The stock market has tanked this year. Home sales have started to slip. Consumer confidence is low.” One mid-July poll found that 65% of US voters already “think we’re in a recession.”


Investment Week (July 25)

2022/ 07/ 27 by jd in Global News

“Excluding investment companies and international companies whose London quote was secondary, 1,180 companies were listed on the LSE as of the last day of trading in May 2022, down from 1,349 in May 2019.” During the first half of 2022, “the number of companies floating on the LSE also fell drastically…with just 26 companies debuting, marking a 45% decline compared to the first half of 2021. The UK was not alone. Global IPO activity was poor, with the number of deals falling to 46%.”


New York Times (July 25)

2022/ 07/ 26 by jd in Global News

“Scorching temperatures swept the Northeast on Sunday in the region’s first prolonged heat wave of the summer…. Other parts of the country also sweltered, with Oklahoma enduring temperatures that have topped 100 degrees in nine of the past 11 days.” The “sobering reality” is that “dangerous temperatures are becoming a summertime norm for the United States and elsewhere, with heat waves, wildfires and droughts disrupting day-to-day life across the globe.”


Barron’s (July 24)

2022/ 07/ 25 by jd in Global News

“China’s property slump and suffering economy is leading some to wonder if China could be on the brink of its own Lehman-style crisis. While the troubles facing China’s economy are substantial, it’s unlikely to push China into the type of meltdown that sends the country’s financial system into a tailspin.”


Wall Street Journal (July 23)

2022/ 07/ 25 by jd in Global News

The facts being presented by the Jan. 6 special committee are “sobering,” and “the most horrifying to date” was “President Trump’s conduct as the riot raged and he sat watching TV, posting inflammatory tweets and refusing to send help…. Character is revealed in a crisis, and Mr. Pence passed his Jan. 6 trial. Mr. Trump utterly failed his.”


The Street (July 22)

2022/ 07/ 24 by jd in Global News

“The cryptocurrency market has lost $2 trillion in value since hitting an all-time high of $3 trillion in early November, according to data firm CoinGecko. Prices for bitcoin, the king of cryptocurrencies, are down more than two-thirds since hitting an all-time high of $69,044.77 on November 10.”


« Older Entries