American Economics Thread
- Thread starter Bernard
- Start date
What's his portfolio position?
But more importantly, he wrote a sentence that connects buzzwords but don't make a coherent point.
QE (which is often just the Fed buying hundreds of billions worth of USTs) influences market behavior of how much UST gets bought, wow who could've fucking guessed? And what do deficits have to do with anything? QE isn't about deficits lol
0.25% increase in the interest rate. Pretty standard. Doubt the markets will react much, but that was probably the intention.
I wouldn't be surprised if the original intent was either a 0.5%+ increase or a non-increase (0%), but the Fed decided to send a more "neutral" signal at the last minute, which I don't blame them for, all things considered in the last two weeks.
I wouldn't be surprised if the original intent was either a 0.5%+ increase or a non-increase (0%), but the Fed decided to send a more "neutral" signal at the last minute, which I don't blame them for, all things considered in the last two weeks.
Yellen, caught between markets and US Congress, tweaks message
Janet Yellen is the face of US govt on the issue and her public comments have sent markets on a roller-coaster ride.If Yellen can't get an invite to Beijing soon, she'll have to settle for Macau.
There’s another ticking time bomb in the US commercial real estate sector just waiting to go off
The S&P Global US Services PMI rose to 53.8 in March 2023 from 50.6 in January, easily beating market expectations of 50.5, preliminary estimates showed. It was the fastest rise in output since April 2022, with firms linking the upturn to stronger demand conditions and a renewed increase in new business. New orders increased for the first time since last September, and at the fastest since May 2022 with domestic and foreign client demand both improving. Input prices rose markedly, despite the rate of cost inflation softening to the second-slowest since October 2020. Firms’ pricing power was buoyed by stronger demand conditions, as they raised their selling prices at the sharpest rate for five months. Pressure on capacity drove job creation, as service sector employment rose at the steepest rate since last September. Finally, concerns relating to inflation and higher interest rates weighed on confidence, as the degree of optimism dipped to below the series average.
The S&P Global US Manufacturing PMI increased to 49.1 in March of 2023 from 47.3 in February, beating forecasts of 47, preliminary estimates showed. The reading pointed to the smallest contraction in the current five-month sequence of falling factory activity, amid a renewed rise in production and a softer fall in new orders. Also, inflationary pressures softened amid less marked supplier price hikes and moderations in some raw material costs. There was also an unprecedented improvement in supplier delivery times which in turn led to a slower fall in input buying and a softer depletion of pre-production inventories. Lead times were reduced to the greatest extent on record, allowing firms to start replenishing stocks and process backlogs of work, which fell solidly. Employment continued to rise at a modest pace and firms noted further difficulties finding skilled candidates. Finally, confidence was the lowest for three months amid inflationary concerns and uncertainty about demand.
source: Markit Economics
The S&P Global US Manufacturing PMI increased to 49.1 in March of 2023 from 47.3 in February, beating forecasts of 47, preliminary estimates showed. The reading pointed to the smallest contraction in the current five-month sequence of falling factory activity, amid a renewed rise in production and a softer fall in new orders. Also, inflationary pressures softened amid less marked supplier price hikes and moderations in some raw material costs. There was also an unprecedented improvement in supplier delivery times which in turn led to a slower fall in input buying and a softer depletion of pre-production inventories. Lead times were reduced to the greatest extent on record, allowing firms to start replenishing stocks and process backlogs of work, which fell solidly. Employment continued to rise at a modest pace and firms noted further difficulties finding skilled candidates. Finally, confidence was the lowest for three months amid inflationary concerns and uncertainty about demand.
source: Markit Economics
Worst comes to worst Asian Americans can still use their life’s savings to bail out every one else voluntarily or otherwise.
Doubt they have enough.