Wall Street Journal (January 6)
“Investors are bracing themselves for volatility in 2022. Easing supply chain snarls, potential interest rate increases and slowing growth in corporate earnings are all being closely watched. Contributing to the murky picture: a mixed economic recovery, complicated by the fast-moving Omicron variant of Covid-19, which is making it harder for investors to consider whether to readjust portfolios toward value stocks.”
Tags: 2022, COVID-19, Earnings, Growth, Interest rates, Investors, Murky, Omicron, Portfolio, Recovery, Slowing, Snarls, Supply chain, Variant, Volatility
New York Times (May 2)
“What the Venezuelan opposition boldly proclaimed on Tuesday as a ‘final phase’ in the opposition’s three-month campaign to oust the Venezuelan strongman, Nicolás Maduro, fizzled out by Wednesday, leaving behind murky claims of secret talks gone wrong, defectors who didn’t defect and Russian and Cuban meddling. What comes next was even less clear than before.”
Tags: Cuba, Defectors, Final phase, Fizzled, Maduro, Meddling, Murky, Opposition, Russia, Strongman, Venezuela
The Economist (September 15)
“Debt stalks Africa once again. Over the past six years sub-Saharan governments have issued $81bn in dollar bonds to investors hungry for yield. Piled on top of this are murkier syndicated loans and bilateral debts, many to China and tied to big construction projects. Public debt has climbed above 50% of GDP in half the countries in sub-Saharan Africa. The risk of a crisis is growing.”
Tags: Africa, China, Construction projects, Crisis, Debt, Dollar bonds, GDP, Investors, Murky, Sub-Saharan, Syndicated loans, Yield
Wall Street Journal (October 15)
“Murky data” are adding “to China’s housing headache.” The housing glut has eased in China, moving down from 25.2 months’ worth of supply in March to 16.5. But the “glut in China’s property market is worse than official data show,” as data excludes many partially completed or not yet for sale homes.