Economists say it’s now likely the Fed will cut rates this year, possibly as early as July.
— Read on www.cnbc.com/2019/06/07/its-no-longer-a-question-of-whether-the-fed-will-cut-interest-rates-but-when.html
Category: Blog
Europe’s 5G to cost $62 billion more if Chinese vendors banned: telcos – Reuters
A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months, according to an industry analysis seen by Reuters.
— Read on www.reuters.com/article/us-huawei-europe-gsma/europes-5g-to-cost-62-billion-more-if-chinese-vendors-banned-telcos-idUSKCN1T80Y3
Inflation and Deflation
Inflation Explained
Goldman Sachs and UBS execs: Markets are ‘overpricing’ Fed rate cuts
The financial markets are getting too far ahead on expectations for potential for Federal Reserve rate cuts, according to a pair of top global bankers at UBS and Goldman Sachs.
— Read on www.cnbc.com/2019/06/06/goldman-sachs-and-ubs-execs-markets-are-overpricing-fed-rate-cuts.html
Here’s how high oil could go if a conflict broke out with Iran
In an area responsible for the shipment of one-third of the world’s seaborne oil, just how high could military confrontation — or indeed, an outright war — send the price of crude?
— Read on www.cnbc.com/2019/06/06/heres-how-high-the-price-of-oil-could-go-if-conflict-broke-out-with-iran.html
Fed Inches Toward Rate Cut as Trade War Frays Patience
The Federal Reserve’s top policy makers aren’t yet ready to cut interest rates, but worsening trade tensions are nudging them in that direction. In separate comments Tuesday, Fed Chair Jerome Powell and his No. 2, Richard Clarida, reassured nervous investors they’re watching closely for signs that disputes
— Read on ca.finance.yahoo.com/news/fed-inches-toward-rate-cut-040000573.html
Loonie will surge if Poloz doesn’t follow Fed on cuts: Rosenberg – BNN Bloomberg
Loonie will surge if Poloz doesn’t follow Fed on cuts: Rosenberg – BNN Bloomberg
— Read on www.bnnbloomberg.ca/loonie-will-surge-if-poloz-doesn-t-follow-fed-on-cuts-rosenberg-1.1269061
Google, Facebook have tight grip on growing U.S. online ad market: report – Reuters
The U.S. internet advertising industry is projected to hit $160 billion by 2023 from $107 billion last year, led by fast-growing categories like mobile video with Alphabet Inc’s Google and Facebook Inc firmly controlling the market, consultancy PwC said on Wednesday.
— Read on www.reuters.com/article/us-alphabet-facebook-advertising/google-facebook-have-tight-grip-on-growing-u-s-online-ad-market-report-idUSKCN1T61IV
Infographic: A Brief Timeline of U-Turns from the Chinese Market
It’s hard to ignore the massive economic opportunities available in the Chinese market, but it’s also notoriously difficult to succeed in.
— Read on www.visualcapitalist.com/timeline-of-u-turns-from-china/