Markets Insider (August 3)
“Japan’s stocks took a hit on Friday, fueled by economic concerns in the US and the Bank of Japan’s interest-rate hike earlier this week.” Closing down 5.8%, the Nikkei marked “its largest daily decline since March 2020 after hitting record highs earlier this month.” The Nikkei was not alone. Amid signs of a cooling economy, U.S. stock indices “tanked across the board over the past two days due to a combination of discouraging economic data points, including rising unemployment and slowing manufacturing and construction.”
Tags: 2020, 5.8%, BOJ, Construction, Cooling, Decline, Discouraging, Economic concerns, Friday, Interest-rate hike, Japan, Manufacturing, Nikkei, Record highs, Stocks, U.S., Unemployment
Wall Street Journal (May 4)
“Evidence is stacking up that the U.S. economy has slowed, led by the formerly red-hot services sector. Yet overall activity levels remain healthy, and some cooling is welcome news to investors because it opens the door back up to possible rate cuts by the Federal Reserve.”
Tags: Cooling, Economy, Evidence, Federal Reserve, Healthy, Investors, Rate cuts, Red-hot, Services sector, Stacking up, U.S.
CNN (May 9)
“After 14 straight months of year-over-year home price growth reaching into the double digits, we’re finally starting to see the early signs of a cooling housing market.” This doesn’t portend an imminent crash. “In fact, prices may not even fall. Rather, this will be a much-needed rebalancing from the unhealthy market conditions we see today.”
Tags: Cooling, Crash, Double digits, Early signs, Homes, Housing market, Price growth, Rebalancing, Unhealthy
AP News (January 13)
“Earth simmered to the sixth hottest year on record in 2021.” This “did not represent a cooling off of human-caused climate change” as La Nina lowered temperatures. Indeed, 2021 was the hottest La Nina year ever and “part of a long-term warming trend that shows hints of accelerating.” Data from both NASA and NOAA show “the last eight years have been the eight hottest on record.”
Tags: 2021, Accelerating, Climate change, Cooling, Earth, Hottest, Human, La Nina, NASA, NOAA, Record, Temperatures, Warming trend
Wall Street Journal (January 15)
“Rising temperatures last year capped the world’s warmest decade in modern times.” Moreover, according to the same NASA findings, 2020 tied with 2016 as the hottest year ever. This came “despite cooling ocean currents and a drop in greenhouse gas emissions” associate with the COVID-19 pandemic.
Tags: 2016, 2020, Cooling, COVID-19, Emissions, GHG, NASA, Ocean currents, Pandemic, Rising temperatures, Warmest decade, World
