Tag Archives: ShortTerm

Consumer expectations for inflation over the next year dropped to the lowest level since July 2021, according to a survey from the New York Federal Reserve released Monday. Expectations for inflation one year ahead fell in December by 0.2 percentage points to 5%. However, three-year-ahead inflation expectations were unchanged in December at 3%. Inflation expectations for the next five years inched up by 0.1 percentage point to 2.4%. The incremental drop in short-term expectations is… Source link

Online Travel This Week Airbnb thinks it’s unfair that the European Commission is proposing increased data-sharing requirements on short-term rental providers across the zone, but Google seemingly is escaping the clampdown. In a reply to the European Commission proposal on data collection and sharing made earlier in 2022, Airbnb issued a statement late last month noting that small players would have compliance requirements far less onerous than major short-term rental platforms, “or even… Source link

Russia invaded Ukraine Thursday, shelling key strategic targets.Vadim Zamirovsky/AP Morgan Stanley Wealth Management CIO Lisa Shalett said the Russia-Ukraine conflict will keep markets in risk-off mode for weeks. She said a rapidly-changing situation often results in a flight out of risk assets, but this isn’t a good strategy in the longer run. Russia invaded Ukraine on Thursday in the region’s largest military operation since World War 2. Financial markets have been roiled this week after… Source link

The Nasdaq Composite (^IXIC) finally slipped into correction territory Wednesday for the first time since March 2021 — prompting bearish headlines and warnings from pundits. But a Yahoo Finance analysis of nearly 50 years of Nasdaq data reveals this may be a short-term buying opportunity. A market correction is traditionally identified as a drop of 10% or more from a recent high, measured from the closing high to the closing low. The threshold is admittedly arbitrary, but nevertheless it… Source link

The financial crisis gripping major Chinese property developer Evergrande has triggered a sharp turn in broader stock market sentiment, as seen by the S&P 500 dropping below its key 50-day moving average.  With news of the Evergrande debacle gaining steam last Friday, the S&P 500 closed the session below the 50-day moving average for the first time since June. The tenuous situation of Evergrande — which includes potential missed debt repayments — gained steam over the weekend and caused… Source link

(Bloomberg) — Former U.S. Treasury Secretary Lawrence Summers said the Federal Reserve’s massive bond-buying program is resulting in a “bizarre” situation in which the government’s funding structure is overly focused on the short-term. Under its quantitative easing program, the Fed purchases longer-term Treasuries and the money it creates to buy them ends up in the accounts that banks hold with the central bank, in the form of overnight reserves. These reserves earn a rate of interest… Source link

In 2021, a grassroots movement has emerged and low-priced stocks are being targeted – but not necessarily in a bad way. If anything, the attention surrounding meme stocks has only helped to boost their prices and shine the spotlight on under-the-radar businesses. A prime example of this would be Exela (XELA) stock, which has seen unusual trading volume and price action recently. There’s an old saying in the financial markets: know what you own. Therefore, we’ll delve into what Exela does… Source link

Bitcoin’s price has fallen to its lowest point in over a week as traders stare down prospects of shifting U.S. monetary policy and continued tightening of regulation of cryptocurrencies in China. At 20:00 UTC on Monday, the price of the world’s foremost crypto began declining from around $35,466 to a low of $33,221. Prices were up slightly on the hour, and one bitcoin was changing hands for roughly $33,793 at the time of publication. The move marked the largest single daily loss for the… Source link

Reuters Nippon Steel may beat profit forecast on strong overseas demand – executive Nippon Steel, the world’s No.3 steelmaker, may beat its own profit forecast for the year to March 31, 2022, as its exports and overseas businesses benefit from robust demand and strong steel prices, a senior company executive told Reuters. “Overseas steel demand is fairly strong,” Executive Vice President Takahiro Mori said in an interview. “As China, which produces nearly 60% of global steel, intends to cut… Source link