Pioneers, creators, and industry forerunners unveil Five trends to Watch amidst the Paradigm Shift towards a Virtual Economy HONG KONG, Aug. 10, 2022 /PRNewswire/ — The Yahoo Finance All Markets Summit Extra Asia returns to Hong Kong! Since its event last year, the global economy has been on a rollercoaster ride as new technologies have shifted the way we interact, transact, and live in both real and virtual worlds. Keynote speaker_John Tsang, former Financial Secretary of Hong Kong SAR and… Source link
Read More »Top economist Mohamed El-Erian says the everything bubble is over. It’s a paradigm shift away from a ‘silly’ artificial economic world
Wednesday’s decision by the Federal Reserve to hike interest rates by 75 basis points was its biggest hike since 1994, and economists are starting to digest what a paradigm change it is. One of the world’s most prominent Fed watchers, Mohamed El-Erian, chief economic adviser of financial services firm Allianz and president of Queens’ College at Cambridge, says it’s part of a “great awakening” for central banks, as several others took action this week. For instance, the Swiss… Source link
Read More »Morgan Stanley executive warns of a recession and even bigger ‘paradigm shift’
The economy is likely to blow hot and cold for the immediate future, Morgan Stanley’s copresident says, as the economy swings between fears of inflation and fears of contraction. Last week, Ted Pick, head of institutional securities at investment bank Morgan Stanley, joined bankers and investors from Jamie Dimon to Carl Icahn in warning that chances of a recession are steadily rising, marked by periods of a hot and cold economy. “There is a fire narrative, and that fire narrative is… Source link
Read More »‘We’ve seen a paradigm shift in how people search for travel’
The Telegraph On which mode of transport are you most likely to catch Covid? If you’re hoping to travel (either abroad or domestically) this summer, you may be pondering the best way to actually get to your holiday destination of choice. Transport safety has always been a big question, but since the pandemic, a new element has been added to this – what risk of infection do you expose yourself to aboard each one? While there hasn’t been a definitive answer to the question, it is possible… Source link
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