Tag Archives: shift

Morgan Stanley executive warns of a recession and even bigger ‘paradigm shift’

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

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More signs that a major shift in the economic narrative could be underway

More signs that a major shift in the economic narrative could be underway

This post was originally published on Tker.co. There’s more evidence that the economic narrative could be undergoing a major shift. For months, we’ve been living in an economy in which strong demand has been met with lagging supply, causing inflation inflation to surge. We now appear to be shifting to a phase where demand growth is cooling and supply chains are easing, which should cause inflation to come down. According to Census Bureau data released Wednesday, orders for nondefense… Source link

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‘It’s a dramatic shift,’ says food exec

‘It’s a dramatic shift,’ says food exec

Consumers continue to grapple with inflation — and it’s leading to shifting behaviors at the grocery store. Saffron Road, which manufactures clean-label frozen food products and better-for-you meals, noticed an uptick in sales over the past few months as more shoppers gravitate toward frozen items amid the current economic environment. “The last six months, we’ve been on a tear,” Adnan Durrani, Saffron Road CEO, told Yahoo Finance, adding that the brand has seen “record months, every… Source link

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A major shift in the economic narrative could be underway

A major shift in the economic narrative could be underway

The overarching narrative of the markets and economy has been one of strong demand meeting lagging supply, a dynamic that has caused inflation to surge. While most signs suggest these trends continue to persist, a handful of anecdotes from the past week suggest this narrative could be changing. Signs that inventories are no longer depleted Supply chain disruptions have been reflected by depressed inventory/sales ratios. In fact, many businesses have been complaining that sales would be stronger… Source link

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The end of mask mandates? CDC eases guidelines for schools and public spaces, signaling larger shift.

Amid plummeting COVID-19 rates, the Biden administration eased its indoor mask recommendations Friday for about 70 percent of Americans, including most schoolchildren — a shift that could hasten the end of mask mandates in the United States. Before Friday, more than 96 percent of U.S. counties were considered areas of “substantial” or “high” transmission, where the Centers for Disease Control and Prevention recommended masking in most indoor settings. Now just 37.3 percent of… Source link

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Theatre-only shift ‘speaks volumes’ for box office as studios abandon hybrid streaming model

In 2021, the movie industry deployed multiple experiments to combat the pandemic, primarily through hybrid streaming releases.  But it looks like 2022 will be a year of back to basics for studios, even as the Omicron variant rears its head. The at-home vs. theatrical fight first made waves at the end of 2020, after Warner Bros. (T) announced that all of its 2021 films will have a day-and-date release on HBO Max, in addition to a cinematic rollout.  The studio kept that promise throughout the… Source link

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These 2 stocks could be huge winners from a once-in-a-decade fashion shift

This fall, if you aren’t rocking some form of wide leg jeans while also owning shares of Abercrombie & Fitch (ANF) and American Eagle Outfitters (AEO) in your portfolio you may be off trend in two areas of your life. Google searches for low-rise jeans have surged 91% over the past six months — with wide leg and flare jeans being the most popular styles — per fresh analysis from Jefferies retail analyst Stephanie Wissink. In other words, the 18-year reign of skinny jeans as the de facto… Source link

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Distributional shift challenge launched by Yandex at NeurIPS

Through a collaboration with Oxford and Cambridge Universities, and as part of the NeurIPS conference on machine learning (ML), Yandex is to launch the global ‘Shifts Challenge’. The three-pronged competition is designed to tackle the problem of distributional shift in ML and features the largest autonomous vehicle (AV) data set in the industry to date. Containing 600,000 scenes, equivalent to over 1,600 hours of driving, the data set was collected through self-driving… Source link

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Labor shortage accelerates shift away from drug testing for new hires

Drug tests are no longer required for most jobs in the municipal offices for Isle, Minnesota, a small town tucked on the southeastern corner of the Mille Lacs Lake. The reason? The town’s liquor store needs just one more person so that its owner, Don Graber, can stop working double shifts on the weekend. “There’s a lot of things that are scaring away potential hires and that was one of them,” Graber told Yahoo Finance. Graber successfully lobbied the town to eliminate the drug test, a… Source link

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China lifts cap on births in major policy shift

(Adds quote)    By Tony Munroe and David Stanway    BEIJING, May 31 (Reuters) – Married Chinese couples may have up to three children, China announced on Monday, in a major shift from the existing limit of two after recent data showed a dramatic decline in births in the world’s most populous country.    Beijing scrapped its decades-old one-child policy in 2016, replacing it with a two-child limit to try and stave off risks to its economy from a rapidly aging population. But that failed… Source link

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