November 14, 2022 Market News

latest news global market financial updates business coverage stock breaking consizos matteo puddu

The fintech world is happening and it’s all on Consizos .com

Providing you unbiased latest updates on finance, technology, business and politics from every corner of the world.

Fresh financial headlines to keep you up-to-date

  • Joe Biden indicates he’ll run in 2024, following Democrats’ midterms wins (Source: The Guardian https://www.theguardian .com/us-news/2022/nov/10/joe-biden-2024-president-election)
  • 25% is the EV’ percentage of total China car sales in September (the U.S. was at 7%)
  • S&P 500 earnings have been coming down, but 2023 forecasts could get worse (Source: FactSet). Check the Callie Cox’s tweet:
  • Standard Chartered economist Christopher Graham expects the euro area economy to tip into a shallow recession this winter, due to higher energy prices and ECB tightening. But he sees three factors that could lead to a more serious downturn: a cold winter, a stronger Chinese recovery impacting commodity demand, and an Italian bond-yield “blowout.”
  • It’s a terrible time to buy a house: mortgage rates for a 30-year fixed rate loan are now hovering above 7%, more than 4 percentage points higher than a year ago. (By Anna Bahney, CNN Business https://edition.cnn .com/2022/11/12/homes/buying-a-home-high-rates/index.html)
  • Reliance-Metro acquisition: the deal includes 31 wholesale distribution centers, land banks and other assets owned by METRO Cash & Carry here, they said. This is going to help Reliance Retail, the country’s largest retailer, expand its presence in the B2B segment. Check the @ stock_market_update_hub’s Instagram post:
  • Is the glass half full? Investors can take advantage of the drops this year in stocks and bonds to avoid paying capital-gains taxes elsewhere
  • “[…] one should invest there because it’s the second-biggest economy in the world, the main competitor to the U.S. in most ways, and a good diversifier in a world in which such competitions exist. Of course, if these competitions turn into greater economic or military wars, it won’t be good for either country, and neutral countries with strong finances and minimal internal conflicts will do best.” (Ray Dalio interview Barron’s 14/11)
  • Market expectations for future inflation have eased to about 2.5%. But history says when inflation tops 8%, it can take years for it to recede (Source: Bloomberg https://www.bloomberg .com/news/articles/2022-11-10/us-core-cpi-slows-more-than-forecast-gives-fed-downshift-room?leadSource=uverify%20wall)
  • A sort of international regulation is needed for cryptos? FTX collapse could be a precedent. Check the Alex Torelli’s tweet:

Stay updated on the latest global market news.

#finance #investing #stocks #market #fintech #fintok #crypto #business #economics #politics

crypto ev financialstatement india inflation

SUPPORT US 🙏 Subscribe, turn on notification and hit that like button!

DISCLAIMER

Legal Notice: The views and opinions expressed on Consizos .com are provided for information purposes only and should NOT be taken as (a) a solicitation of an offer to buy or sell a security, (b) an endorsement or recommendation of any particular security or trading strategy, or (c) investment advice.
BEFORE MAKING ANY INVESTMENT DECISION, IT IS STRONGLY RECOMMENDED YOU SEEK ADVICE FROM A QUALIFIED BROKER OR INVESTMENT ADVISOR.

Consizos.com does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular security, trading strategy, or information source. All content appearing on Consizos .com is protected by copyright law. Rebroadcasting or any other commercialized use of our program content is strictly prohibited.

FinTech education for everyone

About the author

Leave a Comment