Russian President Vladimir Putin has said the West is reluctant to recognize “irreversible tectonic shifts” in international relations and that the Asia-Pacific region has become a magnet for human resources, capital and development capabilities. production. Mikhail Svetlov | Getty Images News | Getty Images Russian President Vladimir Poutine on Wednesday accused the United States of … Read more
Russian President Vladimir Putin has said the West is reluctant to recognize “irreversible tectonic shifts” in international relations and that the Asia-Pacific region has become a magnet for human resources, capital and development capabilities. production. Mikhail Svetlov | Getty Images News | Getty Images Russian President Vladimir Poutine on Wednesday accused the United States of … Read more
In the blink of an eye on Tuesday, the U.S. bond market’s focus shifted to fears of a sharp and unexpected economic slowdown and away from persistently high inflation for most of the day. negotiation. This shift in sentiment came after data showed the U.S. new home sales plunged in July to its lowest level … Read more
Some market gurus are beginning to worry that Wall Street’s summer rally is starting to run out of steam, after stocks quickly went from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely heading for a pullback, even though the economy is in better shape than many … Read more
Some market gurus are beginning to worry that Wall Street’s summer rally is starting to run out of steam, after stocks quickly went from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely heading for a pullback, even though the economy is in better shape than many … Read more
Turkish President Tayyip Erdogan arrives for a NATO summit in Madrid, Spain, June 29, 2022. Sweet Nachos | Reuters Turkey’s central bank shocked markets on Thursday with a cut in its benchmark key rate, despite inflation in the country nearing 80%. The country’s currency, the readdecreased by 0.9% compared to the dollartrading at over 18.1 … Read more
Traders, investors and economists are all counting on Wednesday’s Consumer Price Index report to show a drop in the annual rate of inflation in the United States for July. But there’s another number buried in the consumer price index data that has the propensity to rattle markets. This is called the year-over-year core CPI reading, … Read more
We are one day away from data that could be a turning point for the markets. If Wednesday’s CPI fails to show a slowdown in prices, expectations will rise for a bigger Fed rate hike in September, which could send stocks tumbling. But if it swings the other way, especially after surprisingly good jobs data, … Read more
