Creeping Inflation

Asian stocks rise slightly, USD decline

Asian stocks on the rise Wall Street had a mixed session overnight, with the street falling into their bliss and buying tech and selling everything else, though the session was quiet. The S&P 500 edged down 0.08%, while the Nasdaq rose 0.49% and the Dow Jones fell 0.37%. Obviously, Wall …

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Is this bull market in equities just too good to last?

Equity markets started June on a positive note and, so far at least, ignore the fact that June is traditionally the weakest month of the year. Global stocks rose 0.7% in local currency last week and are now about 1% above their peak a month ago. The good performance was …

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Yen down 6% versus dollar ignores global trade recovery

As the global economic recovery from the coronavirus accelerates, Japan appears to be standing still as its currency retreats. The yen has already fallen nearly 6% against the dollar this year, the worst performance among the Group of 10 currencies, as global markets brace for an interest rate hike almost …

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Make no mistake, the risk of inflation is real: Mervyn King

Price stability is when people stop talking about inflation and their decisions reflect real economic factors. It had been a long time since inflation was a topic of discussion but, especially in the United States, it has returned to the public debate. In several advanced economies, it is easy to …

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The ECB is not about to falter at the first sign of recovery: ecological week

Subscribe to the New Economy Daily newsletter, follow us @economy and subscribe to our podcast. European Central Bank officials will debate whether to extend their high pace of emergency bond purchases this week, a judgment that rests on the fragility they determine for the economy’s recovery. Confidence has been the …

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This recession-resistant stock just pulled it out of the park

One of the big fears of investors right now is that companies that have performed particularly well during the most intense stages of the COVID-19 crisis will not be able to match their pandemic-fueled sales as a result. of the pandemic. Those favorable winds pushed these outperforming stocks to extreme …

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May jobs signal a mixed bag for the housing industry

Total non-farm payroll employment increased by 559,000 in May, below the rate forecast by economists of 675,000 new jobs. According to US Bureau of Labor StatisticsUnemployment now stands at 5.8%, about 30 basis points lower than in April and now at its lowest rate since the start of the pandemic. …

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Recent horror films offer a slight escape from the woes of the pandemic

You would think it was Halloween instead of summer with all the horror / thriller movies populating the local theaters. Perhaps it was a backlog of unreleased films when Covid-19 closed theaters and made distributors eager to release new films? “The Unholy” still haunts local theaters after his reverence in …

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U.S. tech stocks lead Wall Street down

US stocks came under pressure on Thursday as investors digested a new investment ban from the Biden administration, new economic data pointing to a strengthening labor market and prospects the Federal Reserve may begin to consider scaling back its political support as inflationary pressures intensify. The tech-rich Nasdaq Composite led …

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Analysis: Fed’s accommodative approach to inflation complicates BOJ debt reduction plans

TOKYO (Reuters) – The recent pledge by the U.S. Federal Reserve to keep interest rates low despite rampant inflation has created new headaches for the Bank of Japan, which is trying to quietly wean the economy from its massive stimulus measures. FILE PHOTO: A one hundred US dollar bill and …

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