The Times (June 11)
“Since the historic Nato summit in The Hague one year ago this month, European leaders have pledged massive increases in defence spending in the face of increasingly acute threats of Russian aggression. Yet the reality is that key west European governments – especially the UK, France and Italy – are not putting their money where their mouth is for fear of undermining lenders’ confidence in their national debt.”
Tags: Confidence, Defense spending, Europe, France, Governments, Historic, Italy, Leaders, Lenders, National debt, Nato summit, Pledged, Russian aggression, Threats, UK
Bloomberg (April 6)
“Chinese bonds may be reaching an historic turning point, with yields climbing from record low levels as deflationary pressures ease and expectations for monetary loosening recede…. Sentiment in the largest emerging debt market has shifted after a slew of upbeat data, from a surprise growth rebound to slower factory-gate price declines, cast fresh doubts on the deflation-driven narrative that has dominated trading in recent years.”
Tags: Bonds, China, Deflationary pressures, Emerging debt market, Expectations, Growth, Historic, Monetary loosening, Rebound, Record low, Sentiment, Turning-point, Upbeat, Yields
Bloomberg (August 28)
“US companies are planning to buy back shares at a historic pace, a sign of Corporate America’s confidence in the economy.” In July, “announced share repurchases totaled $166 billion, the highest dollar value on record.” Subsequently, these went on to surpass “$1 trillion on Aug. 20, marking the shortest amount of time needed to reach that level.”
Tags: $1 trillion, Buy back, Companies, Confidence, Corporate America, Economy, Historic, Record, Share repurchases, Shares, Surpass, U.S.
CNN (October 30)
“The US economy seems to have pulled off a remarkable and historic achievement.” James Bullard, the former president of the Federal Reserve Bank of St. Louis, is among the “economists and officials who told CNN the economy has finally pulled off” a soft landing. “That scenario, in which inflation is tamed without a recession” would mark “an exceptionally rare achievement.”
Tags: Bullard, Economists, Economy, Fed, Historic, Inflation, Officials, Rare, Recession, Remarkable, Soft landing, St. Louis, Tamed, U.S.
Seeking Alpha (September 21)
“It was a historic week for Wall Street, with the benchmark S&P 500… closing above the 5,700 points level for the first time ever. Meanwhile, the blue-chip Dow (DJI) surpassed and ended above the 42,000 points mark for the first time ever. The advance was driven by what was undoubtedly the most important event of the week:” the Fed’s half-point interest rate cut.
Tags: Advance, Benchmark, Blue-chip, Dow, Fed, Half-point, Historic, Interest rate, S&P 500, Wall Street
Wall Street Journal (May 30)
“Donald Trump became the first former president ever convicted of a crime, with a Manhattan jury finding him guilty Thursday of 34 felonies for falsifying records to cover up hush money paid to a porn star. The historic verdict… could threaten his 2024 bid to return to the White House.”
Tags: 34 felonies, Convicted, Cover up, Crime, Falsifying records, Guilty, Historic, Hush money, Jury, Manhattan, Porn star, President, Trump, Verdict
USA Today (June 12)
“A historic heat wave in the West was forecast to roll eastward this week after Phoenix, Las Vegas and Denver joined a plethora of cities and towns posting record temperatures and more than 50 million Americans sweltered under heat advisories.” Across a large swathe of the country, temperatures are “ranging from 10 to 30 degrees above normal for this time of year.”
Tags: 50 million, Denver, Heat advisories, Heat wave, Historic, Las Vegas, Phoenix, Record, Temperatures, U.S.
Houston Chronicle (July 15)
“The $3.5 trillion budget proposed by top Democrats represents the biggest move yet by President Joe Biden to attack climate change, including provisions such as clean energy standards for power grids, fees on methane emissions from oil and gas drilling, and increased incentives for electric cars.” If enacted, the legislation, “would set in motion a historic shift from fossil fuels and deliver a blow to the oil and gas producing regions across Texas, which have powered the nation’s economy for a century.”
Tags: $3.5 trillion, Biden, Clean energy, Climate change, Democrats, Drilling, Emissions, EVs, Fees, Fossil fuels, Gas, Historic, Methane, Oil, Power grids, Shift, Texas
CBC News (June 29)
“Lytton, B.C., has broken the record for the hottest temperature ever recorded in Canada for a third straight day, hitting a scorching 49.6 C on Tuesday. The latest record was broken as a historic heat wave continues to scorch Western Canada, leading to a spike in sudden deaths in B.C. and dangerous wildfire conditions.”
Tags: 49.6 C, B.C., Canada, Dangerous, Heat wave, Historic, Hottest, Lytton, Record, Scorching, Spike, Sudden deaths, Temperature
Bloomberg (February 12)
“GameStop is only the most public manifestation of a trend that radically departs from all precedents. Some of the potential consequences are worrying…. The most heavily shorted stocks have been doing well ever since the recovery from the initial shock of the pandemic got under way last March.” This has created “a historic ‘black swan’ disaster for short sellers.”
Tags: Black swan, Consequences, Disaster, GameStop, Historic, Pandemic, Precedents, Recovery, Shock, Shorted stocks, Trend, Worrying
