😆//@PearlynCSY:Fed minutes released Wednesday indicated that officials are prepared to move ahead with multiple 50 basis points interest rate increases. In addition, the Federal Open Market Committee said policy may have to move past “neutral” and into “restrictive” territory. The minutes indicate that members are hopeful they can bring down inflation, but also concerned about financial stability risks. Market pricing currently sees the Fed moving to a policy rate around 2.5%-2.75% by the end of the year, which would be consistent with where many central bankers view a neutral rate. Statements in the minutes, though, indicate that the committee is prepared to go beyond there. The minutes mentioned inflation 60 times, with members expressi
A 'Lost Decade' Ahead For Markets?
SummaryOver the last 120 years, valuations have consistently proved to be a strong predictor of futu
Fish and chips are among the most common dishes in the UK, which is deeply dependent on imports from Ukraine and Russia. According to NFFF officials, around 40% of the industry's cod and haddock come from Russia, and 50% of its sunfloweroil is from Ukraine.The UN warns that 49 million people across 43 nations are facing emergency levels of hunger. The UN Secretary-General says the crisis in Ukraine will have lasting implications around the world.Inflation of global economies since 2020From the charts above, most major economies are fighting inflation since 2020. Only China is seeing a downward trend for inflation.China continues to record a net inflow of cross-border capital in April 2022.Recession taunts the market as earnings disappoint. It may not be a taunting as we could wel
$Roblox Corporation(RBLX)$ Roblox had a sharp correction from November 2021 highs of $141.60 to current levels of $32.55. That said, it finally seems that the correction is over with the stock looking undervalued. We have to consider that RBLX is well-positioned, with a potential $800 billion metaverse. Overall, the company’s growth metrics remain encouraging and the stock plunge has clearly been an overreaction. Thus, RBLX stock is worth holding for the next few years.
Tesla Loses $126 Bln in Value Amid Musk Twitter Deal Funding Concern
(Reuters) - $Tesla Inc (TSLA)$ lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $4