MarketWatch (May 22)
“A soaring 30-year Treasury yield has grabbed the lion’s share of attention lately when it comes to signaling how the U.S. fiscal outlook is rattling investors.” What’s happening in Japan, as bond yields surge, is a “less-talked-about factor weighing on sentiment.” Yields on 30-year JGBs rose “to almost 3.17% on Thursday, the highest in roughly 25 years of record-keeping” while 40-year yields “jumped to 3.67%, the highest level since its inception in 2007.” The “sharply higher yields on Japanese government bonds” may already be enticing “the country’s investors to return home.” It is likely that “the recent selloff in the Japanese bond market may have played at least some role in the Treasury market’s own selloff of the longest-dated government maturity Thursday morning.”
Tags: 3.67%, 30-year, 40 year, Bond yields, Enticing, Fiscal outlook, Investors, JGBs, Rattling, Sentiment, Soaring, Surge, Treasury, U.S.
Fortune (March 9)
“U.S. outperformance in the global economy and across financial markets is fading as President Donald Trump’s tariffs weigh on growth prospects and send investors to seek gains elsewhere. U.S. stocks are down so far this year and the Nasdaq slipped into correction territory, while European and Chinese stocks are soaring.”
Tags: Soaring
Financial Times (December 3)
“America’s economy is soaring ahead of its rivals,” and its “outperformance is rooted in long-term productivity growth that is the envy of the developed world.” Many of these productivity gains are coming from tech investments. “China is the only other large economy making significant strides in tech R&D spending…. the amount of venture capital invested in AI in China is now the second highest globally after the US.”
Tags: AI, China, Developed world, Economy, Envy, Investments, Outperformance, Productivity growth, R&D spending, Rivals, Soaring, Tech, U.S., VC
Markets Insider (January 17)
“The US and European Union are seeing large stockpiles of solar panels after soaring manufacturing capacity fueled a substantial oversupply.” At year end, “an estimated 45 gigawatts of modules in the US and 90 gigawatts in the EU had piled up, nearly twice the forecast installations for 2024.” The glut is leading to “even lower prices” and “fierce competition between manufacturers,” with “less efficient manufacturers… bound to lose out, as overcapacity and low module prices add to financial challenges.”
Tags: 2024, 45 GW, 90 GW, Competition, EU, Forecast installations, Glut, Manufacturing capacity, Overcapacity, Oversupply, Prices, Soaring, Solar panels, Stockpiles, U.S.
New York Times (October 27)
“Because of soaring deforestation rates under President Jair Bolsonaro, the Amazon ecosystem is on the brink of catastrophe.” For Brazilians, “this will be a painful election between two deeply flawed candidates. But for the future of human life on this planet, there is only one right choice.” Luiz Inácio Lula da Silva “promises to stop the destruction.”
Tags: Amazon, Bolsonaro, Brazil, Candidates, Catastrophe, Deforestation, Destruction, Ecosystem, Election, Flawed, Future, Human life, Lula da Silva, Planet, President, Soaring
Business Insider (September 9)
“For the first time in decades, the western world is preparing for widespread and rolling energy shortages. The US, UK, and EU have all been squeezed by Russia’s invasion of Ukraine, soaring costs for electricity and fuel, and record-breaking heat waves. While fall is just around the corner, the worst of the energy strain is likely still to come.”
Tags: Costs, Electricity, Energy shortages, EU, Fuel, Heat waves, Invasion, Record breaking, Russia, Soaring, U.S., UK, Ukraine, Western world
Bangkok Post (September 2)
“Many developing countries are teetering on the edge of a debt crisis, with the Covid-19 pandemic, soaring food and energy costs, and the monetary tightening of major economies all threatening to push them over.” Lebanon, Sri Lanka and some other countries have already teetered. “As of the end of March, 38 of 69 low-income countries were either already in or at high risk of debt distress. Middle-income developing countries’ debt-service burden is at its highest level in 30 years.”
Tags: COVID-19, Debt crisis, Developing countries, Distress, Energy costs, Food, High-risk, Lebanon, Low income, Major economies, Middle-income, Monetary tightening, Pandemic, Soaring, Sri Lanka, Teetering, Threatening
CNN (July 26)
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.”
Tags: 65%, Bills, Consumer confidence, Expenses, Home sales, Prices, Recession, Soaring, Stock market, U.S.
New York Times (May 11)
The weak yen, coupled with soaring food and energy costs, “are posing yet another challenge for the world’s third-largest economy as Japan trails other major nations in emerging from the economic blow of the pandemic. The rise in prices has spooked Japanese consumers used to decades of stability, and the weak yen is starting to look as if it will depress demand at home more than stimulate it abroad.”
Tags: Challenge, Consumers, Costs, Economy, Energy, Food, Japan, Pandemic, Prices, Soaring, Spooked, Stability, Weak yen
Investment Week (March 28)
Global dealmaking has dropped “to its lowest level since the start of the Covid-19 pandemic…. Just over $1trn of deals were struck in the first quarter of 2022, nearly a quarter less than the same period last year.” Primary factors behind slowing M&A activity appear to be “tougher regulations on both sides of the Atlantic, soaring inflation and Russia’s invasion of Ukraine.”
Tags: 2022, COVID-19, Dealmaking, Global, Inflation, M&A, Outbreak, Pandemic, Q1, Regulation, Russia, Slowing, Soaring, Tougher, Ukraine, War
