Tag Archives: risk

Sanctions on Russia have effectively isolated Vladimir Putin’s country from the global economy, with the country at increased risk of not being able to pay its bills. The major credit rating agencies have begun the process of declaring the country in default, which generally refers to a government unable to meet obligations on its debt. The agencies add that further sanctions at the end of May will further ratchet up pressure on Russia. On Friday, S&P Global Ratings downgraded Russia’s… Source link

Goldman Sachs isn’t yet ready to join the chorus of its peers in calling a U.S. recession, but it sure appears to be inching closer to that frenzied camp. “We do put some weight on the historical patterns [of the labor market] and believe that the overheating of the labor market has raised the risk of recession meaningfully. The yield curve seems to discount a recession probability in 2023 of about one in three, roughly double the unconditional average, and we would broadly concur with this… Source link

Oil prices have come down below $100/barrel after staying above that level for much of last month. The Ukraine-Russia war worsened the upward trend costs for energy across the globe. Yahoo Finance asked several experts what sustained prices above $100/barrel means for a risk of a recession in the U.S. and in other parts of the world. Most agree oil would have to stay closer to $130 in order to create enough demand destruction to spur a recession in this country. But some parts of the world… Source link

(Bloomberg) — Most Read from Bloomberg Emmanuel Macron’s bigger-than-expected lead in the first round of French presidential elections brought immediate relief to markets worried over a victory for his nationalist rival Marine Le Pen. The euro rose in Asian trading as foreign-exchange markets opened for the week, after early estimates showed Macron had a vote share of almost 29%. That was good news for investors, who had feared a closer contest and a support surge for his rival. Euro Stoxx… Source link

(Bloomberg) — Whatever hardships are afflicting global stock investors, it’s worse in other markets, and that alone may be enough to keep the equity rebound going for now. Most Read from Bloomberg Stocks recovered in record time from the initial shock of the war in Ukraine and the havoc it’s wreaked on global commodity supplies. That followed their resistance to successive waves of the coronavirus pandemic since 2020. Now, they’re refusing to be undone by ominous portents in bond… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 30, 2022 There have been a lot of news headlines weighing on markets over the last month. But the two biggest ones are: As we prepare to flip the calendar into April, markets remain fixated on both stories. But which one remains the bigger risk? That depends on who you ask. The common talking point at the beginning of the war in… Source link

While the Moscow Exchange is set to reopen Thursday after a four-week shutdown, trading in Russian stocks listed on international exchanges remains on pause indefinitely — and the suspension is dramatically lifting the risk of default for these companies. Since stock exchanges worldwide halted trading of Russia-linked companies over the country’s invasion of Ukraine, the median one-year market signal probability of default for nearly two dozen foreign-listed Russian enterprises has spiked… Source link

War is not only on the battlefield. Hackers are actively struggling with each other as well. Recently, Anonymous said that they had breached Russian search engine Yandex.ru and put 150k users at risk. However, it’s impossible to claim whether this information is accurate. Moreover, many users claim that the passwords do not work. And even if they work, 2FA would make them useless. JUST IN: The network of the Russian search giant https://t.co/yGsYTZ1Lyr has been breached by #Anonymous,… Source link

A recessionary storm could be forming off into the distance amid a host of inflationary and geopolitical concerns, warns strategists at Goldman Sachs. “We now see the risk that the U.S. enters a recession during the next year as broadly in line with the 20-35% odds currently implied by models based on the slope of the yield curve,” said Goldman Sachs Chief Economist Jan Hatzius. The top Wall Street strategist cut his 2022 U.S. GDP forecast to a growth of 1.75% from 2% previously. Consensus… Source link

America’s fast-food giants have a lot on the line amid the escalating situation between Russia, Ukraine and the rest of the world. That’s in large part because Western fast-food players have expanded significantly into Russia with their cheap burgers and fried chicken over the past 20 years. By Yahoo Finance’s calculations, McDonald’s, Papa John’s, KFC, Pizza Hut, Burger King and Starbucks operate about 2,700 restaurants in Russia. The two largest players are McDonald’s and Yum! Brands’ KFC… Source link