Cryptocurrencies’ prices bumped up Friday after Jerome Powell, chair of the U.S. Federal Reserve, said in testimony before the...
Tag Archive for: oct 5 2021
WITH VIETNAM LOCKDOWN SENDING BUSINESS TO OTHER COUNTRIES, THEY DO AN ABOUT FACE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, oct 5 2021, 2Vietnam has imposed one of the world’s most stringent lockdowns in Ho Chi Minh City and its environs in...
TURKEY: A CRIME TO TELL THE ECONOMIC TRUTH?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, oct 5 2021, 3The government-run Turkish Statistical Institute (TurkStat) filed a criminal complaint against the Inflation Research Group (IRG), after theYreported that...
CENTRAL BANKERS WARN OF LONGER-LASTING SUPPLY DISRUPTIONS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, oct 5 2021, 3Supply disruptions will last longer than initially thought, according to the heads of four of the world’s largest central...
EUROZONE CONSUMER RISING: WILL IT LAST?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, oct 5 2021, 0Despite supply chain chaos and a pending energy crisis, citizens of the 19-country Eurozone are spending at a rate...
POWER SHORTAGES CUT CHINA’S FACTORY OUTPUT: HOW BAD IS BAD?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, oct 5 2021, 2Widespread power outages across China, the worst in more than a decade, forced the first contraction in the country’s...
WILL EVERGRANDE DIVE CRASH CHINESE MARKETS?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, oct 5 2021, 3Major investors, including Blackrock, Bridgewater Associates and Pacific Investment Management, are shrugging off the financial crisis that has struck...
GLOBAL CHIP SHORTAGE TO COST AUTO MAKERS $210 BILLION THIS YEAR
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, oct 5 2021, 2The global auto industry will build 7.7 million fewer vehicles this year, costing the companies $210 billion in sales,...
All 40,000 U.S. employees of International accounting and business services firm PricewaterhouseCoopers (PwC) who work in client services are...
“BIGS” WILL STILL PAY NO TAX UNDER BIDEN REFORM
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, oct 5 2021, 5President Joe Biden has decried the current tax structure that enables 55 of America’s richest and most successful companies...
August’s continuing boom in home construction offset the continuing decline in other sectors of the building industry, leaving construction...
MAJOR COMPANIES STORING CASH IN REAL ESTATE: WIN OR LOSE?
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, oct 5 2021, 3Publicly-traded U.S. companies are holding a record $2.7 trillion in cash, cash equivalents, and short-term investments, an increase of...
U.S. consumers spent 0.8 percent more in August than in July, after July’s figure was revised downward to -0.1...
FED’S KEY INFLATION GAUGE HITS 30-YEAR HIGH The Core Personal Consumption Expenditures Index, the U.S. Federal Reserve’s preferred measure...
SPOTLIGHT: THE “BIGS” KEEP GETTING BIGGER
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, oct 5 2021, 2BUYOUT LENDING SOARING Facing a possible hike in capital gains tax rates proposed by President Joe Biden, companies are...
After decades of transactions handled through phone calls and handwritten notes, initial public stock offerings (IPOs) are going digital....
WORLD’S BOND MARKET SUFFERS WORST MONTH SINCE MARCH
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, oct 5 2021, 1Investors jumped out of bonds last week after the Bank of England and U.S. Federal Reserve signaled a willingness...
The more things change, the more they remain the same. Americans are currently getting hit with inflation and energy...
The Federal Reserve trading scandal may not have been tamped down with the resignations of two regional presidents. Bloomberg...
DOLLAR GENERAL EMPLOYEES: PLANTATION WORKERS OF SLAVELANDIA
Support, , TRENDS EYE VIEW, oct 5 2021, 0The “business” news is that billionaire Jamie Dimon, the Bankster boss of JP Morgan Chase—the gang that commits crimes...