by Bloomberg.com | Mar 10, 2024 | alerts, Markets/Economy
Major automakers look to high-tech features beyond drivability Country’s cut-throat industry has had sluggish start to year In China, electric vehicles with built-in fridges and even in-car karaoke systems are considered passé. Instead, carmakers are turning to...
by South China Morning Post | Mar 9, 2024 | alerts, Markets/Economy
Consumer price index (CPI) grows by 0.7 per cent year on year in February, beating forecasts and marking first rise following six months of decline However, factory-gate prices fall for 17th straight month in what analyst describes as ‘warning signal’ that deflation...
by Bloomberg.com | Mar 9, 2024 | alerts, Markets/Economy
Chinese consumers and central banks have bolstered gold market Timing of Fed pivot to cutting rates remains key gold driver This week’s gold rush may have been triggered by bets on the US Federal Reserve’s long-anticipated pivot to looser monetary policy, but the...
by Bloomberg.com | Mar 8, 2024 | alerts, Markets/Economy
Conservatives irate over lack of major spending cuts in bill Remaining parts of the government now face March 23 deadline The US Senate approved a $460 billion funding package, sending it to President Joe Biden in time to sign before a looming Saturday partial...
by Bloomberg.com | Mar 8, 2024 | alerts, Markets/Economy
Central bank posted lowest monthly CPI in almost 12 years The country is experiencing gradual economic recovery, VP says Venezuela’s Vice President Delcy Rodríguez on Friday rejected the findings of an opposition-led research group that showed consumer prices slipped...
by John Mauldin | Mar 8, 2024 | alerts, Markets/Economy, Mauldin Economics
“There is a difference between you and me. We both looked into the abyss, but when it looked back at us, you blinked.” -Batman, referencing Nietzsche in 2010’s Justice League: Crisis on Two Earths -My first thought on the quote: Think Jerome Powell and the FOMC The...
