(Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic has cracked open the door to discussing a September pause in the central bank’s aggressive rate hikes — a move that will only be on the table if inflation falls more than expected over the summer.Most Read from BloombergPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysStocks Finish Off Session Lows While Bonds Climb: Markets WrapSocial Media Stocks Sink to Erase $135 Billion on Snap WarningTexas Shoot
— Read on ca.finance.yahoo.com/news/fed-might-adopt-bostic-rate-224321947.html
Category: Blog
Alan Blinder predicts 50% to 60% chance of a mild recession next year
Alan Blinder, former Federal Reserve vice chair, thinks that it’s likely the U.S. will fall into a recession next year.
— Read on www.cnbc.com/2022/05/24/alan-blinder-predicts-50percent-to-60percent-chance-of-a-mild-recession-next-year.html
European Central Bank chief signals possible July rate hike
FRANKFURT, Germany (AP) — The president of the European Central Bank on Monday gave the clearest sign yet that policymakers will aim to raise interest rates as soon as July to ease surging inflation. In a blog post on the Frankfurt, Germany-based bank’s website, President Christine Lagarde said she expects asset purchases that buoy the economy would end “very early in the third quarter.” “This would allow us a rate lift-off at our meeting in July, in line with our forward guidance,” she wrote. “
— Read on ca.finance.yahoo.com/news/european-central-bank-chief-signals-191021052.html
Visualizing China’s $18 Trillion Economy in One Chart
China’s economy reached a GDP of 114 trillion yuan ($18 trillion) in 2021, well above government targets. What sectors drove that growth?
— Read on www.visualcapitalist.com/visualizing-chinas-18-trillion-economy-in-one-chart/
Gloomy Goldman offers 20 ‘safety’ stocks with valuations below the previous 2 bear markets – MarketWatch
Goldman Sachs offers up 20 stocks that could steer you through the next bear market.
— Read on www.marketwatch.com/story/gloomy-goldman-offers-20-safety-stocks-with-valuations-below-the-previous-2-bear-markets-11652700051
15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors – MarketWatch
Signature Bank, Nvidia, Salesforce and 12 other companies may be oversold, based on expectations for earnings and sales growth in 2023.
— Read on www.marketwatch.com/story/15-stocks-that-have-fallen-at-least-33-but-by-these-measures-are-still-standouts-in-their-sectors-11652712725
Consumer confidence tumbles in Canada as housing market reverses – BNN Bloomberg
Consumer confidence tumbles in Canada as housing market reverses – BNN Bloomberg
— Read on www.bnnbloomberg.ca/consumer-confidence-tumbles-in-canada-as-housing-market-reverses-1.1766582
Bernanke says the Fed’s slow response to inflation ‘was a mistake’
Former Federal Reserve Chair Ben Bernanke said the central bank erred in waiting to address the inflation problem.
— Read on www.cnbc.com/2022/05/16/bernanke-says-the-feds-slow-response-to-inflation-was-a-mistake.html
Interactive Map: Crude Oil Pipelines and Refineries of U.S. and Canada
Explore North America’s crude oil pipelines and refineries across the U.S. and Canada in our interactive map.
— Read on elements.visualcapitalist.com/mapped-crude-oil-pipelines-and-refineries-of-the-u-s-and-canada/
The History of Energy Transitions
The current energy transition is unprecedented in both scale and speed. This infographic puts it into historical context.
— Read on elements.visualcapitalist.com/the-history-of-energy-transitions/