Category: Economy

Introduction Global equities long/short hedge funds faced a tight spot in the last two days as U.S. bond yields declined, according to notes from two investment banks seen by Reuters. Goldman Sachs and Jefferies reported that the long/short hedge funds, which take positions on the rise and fall of stocks, took a hit after Federal […]

Youth Concerns and Biden Administration’s Response In a recent survey, housing ranked second only to inflation among respondents aged 18 to 34. Recognizing the impact of this issue, President Biden has directed his economic aides to develop new strategies to assist Americans struggling with the costs of homeownership. The administration is leveraging federal grants to […]

“`html Disputes Over Side Agreements In the spring, lawmakers and President Biden reached a deal on the federal government’s spending for the 2024 fiscal year, amounting to $1.59 trillion. This agreement, known as the Fiscal Responsibility Act (FRA), included $69 billion in additional side agreements that were not explicitly included in the legislation. Some House […]

Positive Outlook for UK Economy Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, stated that “the UK economy continues to dodge recession with growth picking up some momentum at the end of the year.” The increase in GDP during the final quarter suggests that the economy did not stagnate during the period. It […]

Introduction The latest survey reveals a rapid decline in French business activity in December, signaling further deterioration in the demand for goods and services in the Eurozone’s second-largest economy. The HCOB France flash Purchasing Managers Index (PMI) for the dominant services sector, compiled by S&P Global, reached a 37-month low of 44.3 points. This level […]

The Feel-Good Fed Rally Continues The feel-good Fed rally shows no signs of slowing down as Asian stocks climb to a four-month peak, setting Europe up for another strong session. This week, the MSCI World index is on track for its seventh straight winning week, marking its longest run in six years. The bullish narrative […]

Concerns Over Hungary’s Veto Hungarian Prime Minister Viktor Orban has reaffirmed his decision to veto the 50-billion-euro EU aid package for Ukraine, insisting that Hungary needs to secure the funds it requires from the EU budget. Orban’s objection to the package, which aims to provide vital financial support to Ukraine and allocate additional funds for […]

BOJ’s Unique Position Among Central Banks The BOJ, considered a global outlier, is anticipated to conclude the year as one of the world’s most dovish central banks. However, economists predict that it may soon start increasing interest rates, contrasting with other developed nations that have either paused rate hikes or are preparing for cuts in […]

Introduction Few central bank watchers believe that the electoral cycle will significantly alter the direction of monetary policy. However, there is speculation as to how elections in the US and UK might affect the timing of interest rate moves in the coming year. The Federal Reserve has already indicated a willingness to cut rates in […]