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Biden spending spree to unleash inflation, big-money managers worry

Big-money managers worry President Biden’s ambitious spending plans could derail the momentum seen in markets and the economy, according to a new Bank of America survey......»»

Category: topSource: foxnewsApr 13th, 2021

Market Extra: Can a pent-up economy outweigh higher taxes for stock-market investors?

It’s “hard to argue” that markets have already priced the rising risk of higher taxes, according to David Kelly, chief global strategist at JPMorgan Chase & Co.’s asset management unit......»»

Category: topSource: marketwatchApr 12th, 2021

Commodities Corner: Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle

After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if the global economy continues to recover and the pandemic moves closer to an end......»»

Category: topSource: marketwatchApr 9th, 2021

Bond Report: U.S. Treasury yields climb amid global reflation fears

U.S. Treasury yields rose overnight on Friday's trade amid signs of reflationary forces brewing in the world's second largest economy......»»

Category: topSource: marketwatchApr 9th, 2021

Biden is trying to derail China"s effort to build the world"s fastest supercomputer needed for unstoppable missiles

The US is locked in a global arms race with China and Russia to build the most advanced hypersonic missile, which is virtually unstoppable. Military vehicles carry DF-17 missiles, a weapon armed with a.....»»

Category: worldSource: nytApr 8th, 2021

: Will China’s new digital yuan threaten King Dollar’s reign?

China is the first major economy to issue a blockchain-enabled, digital version of its currency, the yuan, and this development has some in Washington worried that the U.S. dollar's status as the global reserve currency is under threat......»»

Category: topSource: marketwatchApr 6th, 2021

The giant ship stuck in the Suez Canal is costing the global economy an estimated $400 million per hour

On average, $9.7 billion in goods travels through the canal, which connects Asia and Europe, every day. The Ever Given, trapped in the Suez Canal, Egypt, as of Thursday, March 25, 2021. Suez Canal Authority A c.....»»

Category: smallbizSource: nytMar 25th, 2021

Supercharged Economy Leaves Global Supply Chain "Stretched Thin"

Supercharged Economy Leaves Global Supply Chain "Stretched Thin" Shipping container shortages across Asia, vessel traffic jams at ports, higher shipping costs, and soaring input prices - .....»»

Category: blogSource: zerohedgeMar 16th, 2021

The Bubble Of Everything: How A Debt-Driven Economy Creates More Frequent Crises

The Bubble Of Everything: How A Debt-Driven Economy Creates More Frequent Crises Authored by Daniel Lacalle, The pace of global recoveries since 1975 has been slower and weaker, consistently evey time, according to the O.....»»

Category: blogSource: zerohedgeMar 13th, 2021

2021 is a "turning point" for inflation and stock investors should anticipate lower long-term returns as a result, Bank of America says

An "explosive cyclical reopening of the global economy" will raise inflation, and investors should prepare for lower stock returns as a result, BofA said. John Moore/Getty Imag.....»»

Category: smallbizSource: nytMar 11th, 2021

The Macro Factors Driving The COVID Economy In Two Charts

The Macro Factors Driving The COVID Economy In Two Charts Via Global Macro Monitor, Here’s a couple of interesting and surprising charts, which explain what has been driving the COVID economy and why the U.S. economy is set up for m.....»»

Category: smallbizSource: nytMar 9th, 2021

: Biden stimulus will give a major boost to the global recovery, OECD says

The world economy is on track to be back to its pre-pandemic level by the middle of the year thanks to the $1.9 trillion fiscal stimulus package, the OECD said on Tuesday......»»

Category: topSource: marketwatchMar 9th, 2021

Airline stocks climb on economic recovery optimism as Senate approves landmark stimulus package

Airlines were among the hardest hit when large swaths of the global economy shut down at the start of the pandemic. LINDSEY WASSON/Reuters Shares of airline companies rose on Monday amid surging optimism around the ongoing economic.....»»

Category: topSource: businessinsiderMar 8th, 2021

China Exports Jump By Most Ever As Global Economy Redlines

China Exports Jump By Most Ever As Global Economy Redlines China's exports surged b.....»»

Category: smallbizSource: nytMar 7th, 2021

Oil prices up more than $1 on growing global economy optimism

Oil prices rose more than $1 on Monday on optimism in the global economy thanks to progress in a huge U.S. stimulus package and on hopes for improving oil demand as vaccines are rolled out......»»

Category: topSource: foxnewsMar 1st, 2021

Global Economy To Rebound In 2021 With APAC To Lead Recovery

Global economy to rebound in 2021 with APAC to lead recovery, says GlobalData Q4 2020 hedge fund letters, conferences and more APAC Set To Become The Fastest Growing Region T.....»»

Category: blogSource: valuewalkFeb 27th, 2021

Global Military Spending Hit Record High In 2020 With US In The Lead

Global Military Spending Hit Record High In 2020 With US In The Lead Authored by Dave DeCamp via AntiWar.com, Despite the damage coronavirus lockdowns did to the world’s economy.....»»

Category: dealsSource: nytFeb 26th, 2021

Despite record year in 2020, Sprouts will open fewer stores than expected in 2021

Sprouts Farmers Market Inc. put up record earnings numbers in 2020, despite the global pandemic that stalled the economy in most sectors. The Phoenix-based specialty grocer released its earnings for the fourth quarter and the full year of 2020 on.....»»

Category: topSource: bizjournalsFeb 26th, 2021

Commodities Corner: Why copper just scored its biggest monthly gain since 2016

Copper prices score their largest monthly gain in over four years on Friday, as traders bet that a recovery in the pandemic-hit global economy will lead to a significant rise in demand for the industrial metal......»»

Category: topSource: marketwatchFeb 26th, 2021

Yellen describes vaccines as global economy"s "strongest stimulus" in G-20 letter

Treasury Secretary Janet Yellen on Thursday said vaccinations are the strongest stimulus that countries can provide to the world economy, in a letter to Group of 20 countries. "A rapid and truly global vaccination program is the strongest stimulus we c.....»»

Category: topSource: marketwatchFeb 25th, 2021