Tag Archives: risks

[unable to retrieve full-text content]A gigantic new ICBM will take US nuclear missiles out of the Cold War-era but add 21st-century risks  Yahoo News Source link

Markets remain on edge regarding the outlook for inflation, as seen in the hit to stocks last week amid a hotter than expected read on the Producer Price Index (PPI). Furthermore, this week’s Federal Reserve meeting could feature Chairman Jerome Powell pushing back on recent financial easing in markets. Couple those factors with expectations for muted corporate profit growth and a recession in the U.S., and uncertainties for the stock market in 2023 are abound. The team at Deutsche Bank led by… Source link

This post was originally published on TKer.co Stocks fell last week, with the S&P 500 declining 3.4%. The index is now up 9.9% from its October 12 closing low of 3,577.03 and down 17.9% from its January 3 closing high of 4,796.56. Last week I published a roundup of Wall Street forecasters’ outlook for stocks in 2023. In a nutshell, they were unusually bearish with more than half of them predicting the S&P 500 to close 2023 lower on the year. One commonly cited risk was the expectation that… Source link

Google says the Indian competition regulator’s order is a “major setback for Indian consumers and businesses” and it is reviewing the decision to evaluate “next steps.” The Competition Commission of India fined Google $161.9 million on Thursday for anti-competitive practices related to Android mobile devices and ordered a number of redressal measures that could force Google to make fundamental changes to its business strategies. A Google spokesperson told… Source link

In October 2006, Nouriel Roubini predicted that a housing crash in the U.S. could trigger a recession and “hard landing” around the world. The economist, known as “Dr. Doom,” continued to warn of impending worldwide threats during the following decade and a half. In an interview with Yahoo Finance’s editor-in-chief on Monday for the All Markets Summit, Roubini outlined imminent risks around the globe that he also details in his new book, “MegaThreats: Ten Dangerous Trends That Imperil Our… Source link

(Bloomberg) — Asian markets risk a reprise of crisis-level stress as two of the region’s most important currencies crumble under the onslaught of relentless dollar strength. Most Read from Bloomberg The yuan and yen are both tumbling due to the growing disparity between an uber-hawkish Federal Reserve and dovish policy makers in China and Japan. While other Asian nations are digging deep into foreign-exchange reserves to mitigate the dollar’s damage, the yuan and yen’s slump is making… Source link

Denmark is effectively banning Google’s services in schools, after officials in the municipality of Helsingør were last year ordered to carry out a risk assessment around the processing of personal data by Google. In a verdict published last week, Denmark’s data protection agency, Datatilsynet, revealed that data processing involving students using Google’s cloud-based Workspace software suite — which includes Gmail, Google Docs, Calendar, and Google Drive… Source link

The World Bank warned Tuesday that the global economy faces the risk of dreaded “stagflation,” with this combination of high inflation and low growth tipping some countries into recession. “The war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation are hammering growth. For many countries, recession will be hard to avoid,” said World Bank President David Malpass. In its updated Global Economic Prospects report, the World Bank slashed its forecast for… Source link

Traders are betting the Federal Reserve’s 0.5% rate increase today is far from its last this year. Fed funds futures are pricing in hikes of varying sizes for the next five meetings, and Fed officials themselves have endorsed that view — and suggested again today in their statement — that increases will continue. But what if the U.S. economy isn’t strong enough to withstand those rate increases and the Fed is forced to stop? “The Fed was too slow to act when the economy was growing,… Source link

(Bloomberg) — A growing list of risks is turning China into a potential quagmire for global investors. Most Read from Bloomberg The central question is what could happen in a country willing to go to great lengths to achieve its leader’s goals. President Xi Jinping’s friendship with Russian leader Vladimir Putin has made investors more distrustful of China, while a strongman narrative is gaining momentum as the Communist Party doggedly pursues a Covid-Zero strategy and unpredictable… Source link