Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Tag Archive for: may 10 2022
SURGING OIL PRICES DRIVE RECORD INFLATION IN GERMANY Prices in Germany shot up 7.8 percent in April, year over...
TOP 2022 TREND, DRAGFLATION: CHINA’S ECONOMY IS SHRINKING China’s Caixin purchasing managers index (PMI) for service industries plunged to...
As inflation keeps rising, so too will interest rates. Here is a summary of recent hikes. BANK OF ENGLAND...
MAERSK REPORTS RECORD PROFITS, WARNS OF SLOWING ECONOMY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0AP Moller-Maersk, the world’s most profitable shipping line, became even more profitable in this year’s first quarter, booking $19.3...
EU MULLS BAN ON RUSSIAN OIL. WILL IT MATTER?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0The European Commission has proposed banning all imports of Russian oil by the end of this year, the Financial...
TOP 2022 TREND, DRAGFLATION: EUROZONE BORROWING COSTS SPIKE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0Interest rates in the 19-nation Eurozone are surging as the European Central Bank (ECB) is halting its multi-year bond-buying...
TOP 2022 TREND, DRAGFLATION: FRENCH AND GERMAN FACTORY OUTPUT SAGS IN MARCH
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0The number of new orders placed with German factories declined 4.7 percent in March, according to state agency Destatis,...
TOP 2022 TREND, DRAGFLATION: EUROZONE RETAIL SALES TANK
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 0Retail sales across the 19 countries using the euro currency slipped 0.4 percent in March, three times more than...
RUSSIA EXPERIENCING MASSIVE TECH “BRAIN DRAIN”
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 10 2022, 2As many as 70,000 skilled tech workers have left Russia since the Ukraine war began, with another 100,000 expected...
The U.S. trade gap grew to $109.8 billion in March, a 22.8-percent jump from February, as Americans grabbed more...
VALUE OF CORPORATE BONDS RANKED AS “JUNK” DOUBLES IN 2022
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 10 2022, 0The value of U.S. corporate junk bonds, those trading for 70 cents on the dollar or less, has almost...
RECESSION COMING? FORMER FED VICE-CHAIR SAYS YES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 10 2022, 0The U.S. Federal Reserve’s attempts to quell inflation will not be adequate to spare the economy from a recession,...
OIL MAJORS USE CASH TO BUY BACK STOCK, INCREASE DIVIDENDS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 10 2022, 0ExxonMobil and Chevron Corp. together will plow $50.3 billion into stock buybacks and shareholder dividends this year, compared to...
During the week ending 5 May, U.S. mortgage interest rates for a 30-year, fixed-rate loan averaged 5.27 percent, moving...
QUITS, JOB OPENINGS SET RECORDS IN MARCH
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 10 2022, 0The number of open jobs in the U.S. averaged 11.5 million in March, up slightly from 11.3 million in...
U.S. wages rose 5.5 percent in April, year over year, while inflation sped at an annual rate of 8.5...
COMEDY CLASSIC: PRESSTITUTES AND POLITICIANS WHO PUSH THE COVID JAB, GET COVID
Support, , TRENDS IN THE COVID WAR, may 10 2022, 3Presstitutes looking for a free dinner last weekend and a chance to suck up to politicians, attended the White...
FDA SAYS IT WILL STRICTLY LIMIT USE OF THE JOHNSON & JOHNSON VACCINE DUE TO BLOOD-CLOT RISKS
Support, , TRENDS IN THE COVID WAR, may 10 2022, 2The Food and Drug Administration announced last week that it will strictly limit the use of Johnson & Johnson’s...
MODERNA ANNOUNCES NEW BID TO KEEP SELLING THE COVID JAB
Support, , TRENDS IN THE COVID WAR, may 10 2022, 0Moderna, the U.S. drugmaker that made historic profits due to its COVID-19 vaccine, announced last week that up to...