Despite Inflation Surge, the Fed Should Keep Steady
Thursday, February 10, 2022 10:42 AM By The Editors (Bloomberg Opinion) — A further spike in U.S. inflation in January — prices were 7.5% higher than a year ago, the fastest increase for 40 years — was the last the thing the Federal Reserve wanted to see as it weighed its next moves in monetary policy. It had […]
Read This Before You Worry About the Yield Curve: Macro Man
“Excellent article about the yield curve and how to interpret market participants expectations of the future” Read This Before You Worry About the Yield Curve: Macro Man Thursday, February 10, 2022 07:02 AM By Cameron Crise (Bloomberg) — Well, that’s put the cat amongst the pigeons, hasn’t it? At some point there will come a […]
Inflation-Stoking Supply Crunch Set to Ease in Second Half
Wednesday, February 9, 2022 03:17 AM By Christian Wienberg and Anna Edwards Maersk says ocean bottlenecks to ‘normalize’ around midyear Shift will ease pressure on trade but erode shipping revenue (Bloomberg) — A major player in global trade signaled disrupted supply chains rattling economies from Vietnam to Germany may return to normal within months, easing concerns of a […]
The Housing Party Is Starting to Wind Down
Wednesday, February 9, 2022 03:00 AM By Gary Shilling (Bloomberg Opinion) — With demand waning and supplies increasing, the housing market is in for a lot of pain. Low interest rates have been a boon to housing, making mortgages more affordable and allowing consumers to refinance existing loans, with many of them tapping the equity in […]
The unprecedented boom in container shipping may be starting to fade
The unprecedented boom in container shipping may be starting to fade, A.P. Moller-Maersk signaled, providing an early sign inflation-driving supply chain snarls may be ebbing. The world’s biggest owner of container ships expects a strong first half before a “normalization” early in the second and said 2022 earnings will be well below estimates after a record […]
CNBC CFO COUNCIL ‘This is a big deal’: How Apple earnings can grow even if iPhone growth goes to zero
In its own way, Apple may have found a financial solution to the supply chain crises dogging manufacturers worldwide. After the latest set of Apple quarterly numbers, Wall Street analysts running the numbers say it’s possible to see how Apple can deliver double-digit profit growth without needing its manufacturing-driven hardware business, including iPhones, to grow at all. Last […]
Inflation will remain sticky high for a while but should ease this year: BlackRock’s Rick Rieder
Rick Rieder, BlackRock’s chief investment officer of global fixed income, joins CNBC’s ‘Squawk Box’ to discuss inflation, the Federal Reserve and more.
Goldman Sachs Predicts Fed Will Raise Rates Five Times This Year
Friday, January 28, 2022 11:13 PM By Simon Kennedy (Bloomberg) — Goldman Sachs Group Inc.’s economists joined Wall Street peers in forecasting the Federal Reserve will raise interest rates more aggressively than they previously expected. Economists led by Jan Hatzius now predict the Fed will lift its near zero benchmark by 25 basis points five times this year rather than […]
JLR Expects Car Sales to Recover as Chip Crunch Eases
Monday, January 31, 2022 06:32 AM By Ragini Saxena India’s Tata Motors says chip crisis to ripple through 2022 JLR reports jump in order book on Range Rover models (Bloomberg) — Jaguar Land Rover said sales are set to rebound as the worst of the protracted semiconductor shortage gripping the industry has passed. Production at the […]
You can credit Tim Cook’s supply chain mastery for that boost in Apple shares
PUBLISHED FRI, JAN 28 202210:17 AM ESTUPDATED FRI, JAN 28 20221:30 PM EST Steve Kovach @STEVEKOVACH Apple CEO Tim Cook said he sees supply chain problems improving in the March quarter. The comments sent Apple shares up as much as 5%. Cook’s comments on the supply chain echo those of his peers in the industry, […]