Used Car Prices Continue to Ease — But Are Still 50% Higher Since COVID-19
After skyrocketing since the outbreak of COVID-19, used car prices have finally started to ease, raising early hopes that a bubble is starting to wane.
‘Biden To Unveil New Efforts To Protect S. Korea From Nukes’
https://www.wftv.com/news/politics/biden-unveil-new/YNED5OWDUZ7LAOEB7GROTSPRSQ/
President Joe Biden will use this week's celebratory state visit by South Korean President Yoon Suk Yeol to underscore
Bed Bath & Beyond Goes Bust, Crocs Outpaces Retail Giants, Summers Spells Out Best China Strategy And More: 5 Key Stories You May Have Missed From The Weekend
The earnings season picks up steam in the coming weeks, and most analysts expect the market to take cues from the quarterly reports. Here’s a recap of a few major headlines that hit the wire over the weekend:
US Stocks To Open lower As Tech Earnings Loom: Why This Analyst Sees Equity Market Struggling In ‘Weeks, Months Ahead’
Stocks futures were on the back foot to start the week as traders await earnings from a slew of high-profile tech stocks, with Meta Platforms, Inc. (NASDAQ: META), Alphabet, Inc.
What’s The Biggest Risk That Central Bankers Are Worried About In 2023? Find Out
Reserve managers are reportedly considering above-target inflation as the biggest risk this year, according to a survey of…
‘Japan to subsidize half of costs for lithium and key mineral projects’ -Nikkei
https://asia.nikkei.com/Economy/Japan-to-subsidize-half-of-costs-for-lithium-and-key-mineral-projects#:~:text=Japan%20to%20subsidize%20half%20of%20costs%20for%20lithium%20and%20key%20mineral%20projects,-Push%20to%20reduc https://asia.nikkei.com/Economy/Japan-to-subsidize-half-of-costs-for-lithium-and-key-mineral-projects#:~:text=Japan%20to%20subsidize%20half%20of%20costs%20for%20lithium%20and%20key%20mineral%20projects,-Push%20to%20reduce&text=TOKYO%20%2D%2D%20The%20Ministry%20of,Japanese%20companies%2C%20Nikkei%20has%20learned.
‘ Data Company Palantir To Help Ukraine Prosecute Alleged Russian War Crimes’ – Financial Post
https://financialpost.com/pmn/business-pmn/data-company-palantir-to-help-ukraine-prosecute-alleged-russian-war-crimes-2
Ukraine plans to deploy software from U.S. data analytics provider Palantir Technologies Inc to
Next Week’s Earnings Reports Could Be ‘Final Round’ Battle Between Hot Stock Market, Slumping Economy
The New York Fed recession probability model suggests there is a 57.7% chance of a U.S. recession in the next 12 months, the highest recession probability since 1982. However, you wouldn't know it by looking at the stock market.
S&P 500 Trades Lower With Possible Recession On The Horizon, China’s Economy Grows
The S&P 500 traded lower on the week as the latest round of earnings reports suggest a recession could be on the horizon.
BofA Strategist Says Central Banks Are Locked In High Inflation, Predicts Drop In Stock Earnings
A structurally higher inflation is currently being "locked in" by central banks, which will force the stock market to re-adjust to a new inflation-interest rate regime over the coming years, said Michael Hartnett, chief investment strategist at Bank of America Securities.