by Bloomberg.com | Feb 9, 2024 | alerts, Markets/Economy
(Bloomberg) — The consumer price index continued to draw relatively weak response rates in 2023, calling to question the accuracy of the widely watched US inflation data. The share of completed surveys that were used in the CPI estimation stood at 71% in 2023,...
by Lance Roberts | Feb 9, 2024 | alerts, Markets/Economy, Real Investment Advice
The cost of housing remains a hot-button topic with both Millennials and Gen-Z. Plenty of articles and commentaries address the concern of supply and affordability, with the younger generations getting hit the hardest. Such was the subject of this recent CNET article:...
by Bloomberg.com | Feb 9, 2024 | alerts, Markets/Economy
Commercial real estate is a key focus for ECB supervisors Contagion spreading to European banks as values plunge The European Central Bank is signaling to lenders that they may face higher capital requirements if they have an insufficient handle on risks they face...
by John Mauldin | Feb 9, 2024 | alerts, Markets/Economy, Mauldin Economics
One of the more fascinating and mysterious parts of watching the Federal Reserve is the ongoing dialogue between Fed leaders and Wall Street. We imagine private meetings held in great secrecy. Those may in fact occur, but I’m not sure they are even necessary. The...
by Bloomberg.com | Feb 9, 2024 | alerts, Markets/Economy
Nearly $20 billion rushed into China shares during last week Officials ramp up market intervention to stem stock rout Funds tracking the topsy-turvy Chinese stock market just recorded their biggest-ever weekly inflows, according to Bank of America Corp. strategists. A...
by Bloomberg.com | Feb 9, 2024 | alerts, Markets/Economy
L’Oreal shares tumble after China weakness weighs on sales Hermes sales were boosted by strength in Americas and Japan Just over a year after China ended its Covid-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up to...
