Podcast appearances and mentions of christopher waller

S&P Futures are moving lower this morning due to an escalation of trade tensions between the U.S. & China. Both sides have accused each other of violating the 90-day trade truce. President Trump said that he will be raising tariffs on steel and aluminum from 25% to 50%. The EU and the U.S. will be holding trade talks this week. Fed Chairman Jerome Powell well be making some opening remarks today, yesterday Fed governor Christopher Waller indicated that the Fed will likely be able to lower interest rates this year. Oil prices are spiking this morning as geopolitical concerns with Ukraine and Iran overtake OPEC decision to hike its output in July. On the economic front ISM Manufacturing PMI data is out today. SAIC is trading lower after an earnings miss this morning. This week's earnings announcements include, SIG, DG, HPE, CRWD, DLTR, PVH, FIVE, CIEN, DOCU, LULU & AVGO.

Federal Reserve Governor Christopher Waller discusses the impact of the Trump administration’s tariff policy on the US economy and Fed monetary policy. He speaks with Bloomberg's Michael McKee See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) President Donald Trump pledged he will still apply tariffs to phones, computers and popular consumer electronics, downplaying a weekend exemption as a procedural step in his overall push to remake US trade. (2) Strategists at Goldman Sachs Group cut their targets for key Chinese stock indexes for a second time this month, citing heightened trade tensions with the US. (3) The dollar fell for a fifth day as traders looked past a reprieve on the imposition of certain electronic tariffs and after President Donald Trump downplayed his exemption for the technology sector. (4) Treasuries gained after last week’s rout as President Donald Trump paused import duties on a range of consumer electronics. Investors also await speeches from Fed officials Christopher Waller and Patrick Harker. (5) British companies’ finance chiefs had adopted their most defensive positions since the pandemic even before US President Donald Trump’s tariffs sent global markets into a tailspin. (6) UK officials are rushing to secure the raw materials needed to keep Britain’s last primary steel manufacturer running, with other businesses offering to provide help.See omnystudio.com/listener for privacy information.

Nossos sócios Luiz Eduardo Portella, Tomás Goulart e Sarah Campos debatem, no episódio de hoje, os principais acontecimentos da semana no Brasil e no mundo.⁠ ⁠ No cenário internacional, o destaque foi a divulgação dos dados de inflação nos EUA (PPI e CPI), um pouco abaixo do esperado, gerando expectativa similar para o PCE. Ainda por lá, foram divulgados dados de vendas no varejo e produção industrial, indicando atividade forte; e o diretor Christopher Waller, do Fed, trouxe discurso dove, indicando tranquilidade a respeito dos dados e expectativa de 3 a 4 cortes de juros ao longo do ano. No Reino Unido, os dados de inflação também surpreenderam positivamente. ⁠ No Brasil, foram divulgados dados de atividade (PMS – serviços), mais fracos que o esperado, que levaram a revisões baixistas para o PIB do 4º trimestre. Entretanto, as atenções ficaram voltadas para a polêmica ao redor do tema de uma suposta taxação do PIX, que levou o governo a recuar e revogar a norma da Receita Federal que tratava do monitoramento das movimentações financeiras. ⁠ Nos EUA, os juros fecharam na semana (5 anos -15 bps), e as bolsas tiveram bom desempenho – S&P500 +2,91%, Nasdaq +2,85% e Russell2000 +3,96%. No Reino Unido, os juros também fecharam (entre 15 e 20 bps). No Brasil, o jan/26 fechou 10 bps, enquanto o jan/35 abriu 12 bps, e o Ibovespa subiu 2,94%. ⁠ ⁠⁠⁠⁠⁠Na próxima semana será importante acompanhar a posse do novo presidente americano, Donald Trump; dados de atividade (PMIs) na Europa; reunião do banco central do Japão (BoJ); e divulgação do IPCA-15 aqui no Brasil. ⁠ ⁠Não deixe de conferir!⁠

No Dailycast de hoje, Richardi Ferreira traz as principais notícias e indicadores econômicos que vão movimentar o mercado financeiro. Nos EUA, destaque para a divulgação do JOLTs e a fala do dirigente do Fed, Christopher Waller. Na França, a turbulência política continua a gerar volatilidade. No Brasil, o destaque é a divulgação do PIB do terceiro trimestre e o resultado primário do governo central. Para ver esse e outros conteúdos de investimentos acesse o BB Private Lounge no link bb.com.br/lounge.

Nossos sócios Gabriel Abelheira, Sarah Campos e Yara Cordeiro debatem, no episódio de hoje, os principais acontecimentos da semana no Brasil e no mundo.⁠ ⁠ No cenário internacional, o foco ficou voltado para os dados de mercado de trabalho nos EUA, como JOLTs, ADP e Payroll, todos sinalizando tendência de desaceleração. Um dos diretores do Fed, Christopher Waller, falou hoje, afirmando que definir o ritmo e a magnitude dos cortes de juros será desafiador, mas que a atividade não parece estar colapsando, ao nosso ver revelando preferência inicial por ajustes graduais. No Canadá, o banco central cortou a taxa de juros em 0,25%, como amplamente esperado, com dados de emprego também reafirmando contexto de desaceleração. No Japão, os dados de salário vieram acima do esperado, e os membros do BoJ seguiram falando em subir juros caso os preços evoluam conforme a expectativa. ⁠ No Brasil, o governo apresentou o PLOA de 2025 ao final da última semana: como esperado, com receitas otimistas e despesas também otimistas com relação às projeções a mercado. Ainda, foi divulgado o PIB do 2º trimestre desse ano, bem mais forte que a expectativa, puxado por demanda doméstica e setores sensíveis a política monetária, com revisão altista do 1º trimestre. Por fim, foi agendada a sabatina do indicado para a próxima presidência do BCB, Gabriel Galípolo, que ocorrerá 08/10. ⁠ Nos EUA, o juro de 1 ano fechou 31 bps, enquanto as bolsas tiveram desempenho bastante negativo - S&P500 -4,25%, Nasdaq -5,89% e Russell2000 -5,69%. No Brasil, o jan/26 fechou 26 bps, o Ibovespa caiu 1,05% e o real ficou próximo a estabilidade (+0,13%). ⁠ ⁠⁠⁠⁠⁠Na próxima semana será importante acompanhar a decisão do Banco Central Europeu, números de inflação dos EUA, China e Brasil, além de dados de atividade (comércio e serviços) por aqui. ⁠ Não deixe de conferir!⁠

Desde que empezamos el mes de septiembre el informe oficial de empleo de EEUU de agosto se presentaba como la cita clave de la semana. El mercado laboral estadounidense se ha venido enfriando en los últimos meses, algo que preocupa porque podría ser la antesala de una importante desaceleración del crecimiento económico de EEUU. El dato ha salido por encima del empleo registrado en julio (que fue de 89.000) pero bastante inferior a las previsiones del consenso que apuntaban a una creación de 160.000 puestos de trabajo y EEUU ha creado 142.000 en agosto con una tasa de desempleo que sí ha estado en línea con las expectativas, del 4,2%. El análisis con Antonio Castelo, de iBroker. Ahora, a esperar cómo lo digiere el mercado y qué efectos tendrá en la reunión de la Reserva Federal del 18 de septiembre. Tras el dato, hablarán el gobernador de la Fed, Christopher Waller, y el de Nueva York, John Williams.

Nossos sócios Luiz Eduardo Portella e Tomás Goulart debatem, no episódio de hoje, os principais acontecimentos da semaana no Brasil e no mundo. No cenário internacional, foram divulgados dados de inflação nos EUA (PCE), em linha com o esperado, mas com revisões de PIB e perspectivas do 3º trimestre indicando consumo ainda muito forte. Na Europa, também foram divulgados dados de inflação, que vieram em linha com o esperado, mostrando a parte de serviços ainda firme. No Brasil, o destaque ficou para o discurso do presidente do BCB, Roberto Campos Neto, na Expert, no qual ele reforçou a mensagem que já vinha trazendo, vista como dove, falando abertamente de gradualismo e incerteza dos movimentos de juros, além de afirmar que as precificações a mercado estão incondizentes com a comunicação formal da entidade. Foram divulgados dados de inflação (IPCA-15), ligeiramente acima da expectativa e com a parte de serviços devolvendo uma parte da alta do mês anterior; e dados de mercado de trabalho (PNAD Contínua), que segue muito forte, porém dando leves sinais de moderação. No âmbito político, houve polêmica a respeito do anúncio do programa vale-gás, visto como uma tentativa de ampliar despesas fora do arcabouço fiscal. Por fim, foi confirmado o nome do diretor Gabriel Galípolo como indicação para a presidência do BCB. Nos EUA, o juro de 10 anos abriu 11 bps, enquanto as bolsas não tiveram variações expressivas - S&P500 +0,24%, Nasdaq -0,74% e Russell2000 -0,09%. No Brasil, o destaque ficou para o movimento de juros: (jan/26 abriu 37 bps, jan/29 abriu 55 bps), o Ibovespa fechou estável (+0,03%) e o real desvalorizou 2,59%. Na próxima semana será importante acompanhar a divulgação dos dados de mercado de trabalho (JOLTs e Payroll), de atividade (ISM) americanos, além do discurso do membro do Fed, Christopher Waller. Não deixe de conferir!

Federal Reserve officials anticipate signaling a potential interest rate cut today. Inflation nears the Fed's 2% target, and unemployment has risen to 4.1% this year. To balance inflation control and avoid a recession, officials may reduce rates by September to achieve an economic "soft landing." While Former President Trump opposes rate cuts before the election, Fed board member Christopher Waller considers a cut increasingly likely. Financial markets predict a rate cut at the next Fed meeting in mid-September. Jerome Powell, the Fed Chair, will discuss plans at the Jackson Hole conference in late August. Economists expect gradual rate cuts unless severe job market issues arise. Statements after Fed meetings may indicate further progress toward inflation goals. July data reveals inflation decreased to 2.5%, with falling rental prices and slower car insurance cost increases contributing to this decline. Wage growth has moderated, reducing inflationary pressures.Learn more on this news visit us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

Em maio, a economia brasileira cresceu 0,25%, com o IBC-Br subindo também 1,30% em relação ao mês de maio do ano passado, apesar da tragédia climática no Rio Grande do Sul. O relatório Focus reduziu a projeção de inflação após nove semanas de alta. Nos EUA, a maioria dos mercados espera que o Fed corte juros em setembro. Christopher Waller, um dos dirigentes do Fed, indicou que esse momento está se aproximando, devido a um mercado de trabalho mais equilibrado e a moderação da inflação. Além disso, falamos sobre o que motivou a alta do Ibovespa de 119 mil pontos para 129 mil pontos no último mês. Esses são os assuntos debatidos no Investidor em Foco de hoje, que conta com Renata Colombo, Gabriela Soriano e Martin Iglesias. Siga-nos no Instagram: https://www.instagram.com/itaupersonnalite/ Essa é uma comunicação geral sobre investimentos. Antes de contratar qualquer produto, confira sempre se é adequado ao seu perfil.

Microsoft holds its developer conference where CEO Satya Nadella hails the tech giant's new A.I. software. However, Amazon says its decision to hold out and wait for Nvidia's more powerful offering was a mutual decision between the two companies. Wall Street predicts Nvidia earnings could triple amid particularly choppy trade. U.S. equities once again hit fresh new highs on rate cut timing speculation. Our colleagues Stateside hear from Christopher Waller who urges patience and says he requires ‘several more months' of favourable inflation data. And in the UK, headline CPI is due to fall close to the BoE's 2 per cent target. Governor Andrew Bailey signals a rate cut is appearing on the horizon.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Microsoft's developer conference is underway with CEO Satya Nadella giving the keynote speech right now. We'll continue to bring you all the latest headlines from that event as we get them. Plus, the tech-heavy Nasdaq hanging near the flat line after hitting a record high in yesterday's session. We're on record close watch for both the Nasdaq and the S&P 500. The Dow meanwhile, is on pace for a second positive day in three. This comes as we've heard from five Fed officials so far today, all conveying the same message: the path to 2% will be longer than expected, and bumpy. The first cut is expected to come in September. Let's see if that changes after our first and exclusive interview with Fed Governor Christopher Waller. 

Nossos sócios Luiz Eduardo Portella, Yara Cordeiro e Sarah Campos debatem, no episódio de hoje, os principais acontecimentos da semana no Brasil e no mundo.⁠ ⁠ ⁠No cenário internacional, o destaque foi a divulgação do CPI nos EUA, que veio em linha com as expectativas do mercado. Esse resultado, em conjunto com o varejo mais fraco, foi visto como positivo após um primeiro trimestre com números mais robustos. Os dirigentes do FED, ao longo da semana, demonstraram maior otimismo com a inflação, afastando os temores sobre novas altas de juros. Na China, os dados de abril sinalizaram fraqueza no setor de crédito e vendas no varejo. Em resposta, o governo anunciou medidas significativas para estabilizar o mercado imobiliário, incluindo financiamento adicional, flexibilização das regras de hipoteca e a possibilidade de comprar imóveis não vendidos.  No Brasil, a divulgação da Ata do Copom e a demissão do presidente da Petrobras, Jean Paul Prates, adicionaram volatilidade ao mercado, devido à percepção de um maior intervencionismo do governo federal. A pesquisa Focus desta semana mostrou que as medianas das expectativas de inflação permaneceram inalteradas. No entanto, o resultado da próxima semana poderá apresentar alguma desancoragem, refletindo a interpretação do mercado sobre o conteúdo da ata. ⁠Nos EUA, observamos o fechamento da curva de juros, com o rendimento do título de 10 anos atingindo 4,42%, e os índices acionários atingindo novas máximas, com o S&P500 subindo 1,54%, o Nasdaq avançando 2,12%, e o Dow Jones alcançando o marco histórico de 40.000 pontos. No Brasil, em meio aos ruídos mencionados anteriormente, os juros continuaram subindo (jan/27 +4 pontos-base), enquanto o Ibovespa registrou uma valorização de 0,43% e o real 1,03%. ⁠Na próxima semana, a atenção estará voltada para as divulgações dos PMI's ao redor do mundo, para os dados de inflação do Reino Unido e para o discurso do dirigente do FED, Christopher Waller. Enquanto isso, no Brasil, a agenda está relativamente calma, com o mercado direcionando sua atenção para a pesquisa Focus e possíveis pronunciamentos dos diretores do Banco Central. ⁠ Não deixe de conferir!⁠

In episode 242 of The Just Checking In Podcast we checked in with Christopher Waller. Chris is the Founder of ‘We Power On', which aims to improve men's lives through the power of walking, talking and connection. Every Sunday, Chris runs a walk and talk group in Epsom in Surrey for men from all walks of life to join and get whatever they are struggling with off their chest. Chris started the group in September 2022 following his own struggles with his mental health which came when he was signed off work for four months during the Covid-19 lockdown. The isolation he and all of us was forced to do, took him to the point of suicidality. Since Chris started it, We Power On has gone from strength to strength with a community now built because of his work, monthly social events and other activities which keeps people connected. In this episode we discuss: how and why Chris started We Power On, the persistence he needed to have when no man turned up to his walks for the first two months of the walks and the responsibility he now feels for a lot of the men who come to the walks. For Chris's mental health, we discuss the impact of the Covid-19 lockdown on his mental health, suicidality and how the walks have helped transform his life. As always, #itsokaytovent You can find out more about We Power On and how to follow them on social media here: https://linktr.ee/we_power_on Support Us: Patreon: www.patreon.com/venthelpuk GoFundMe: www.gofundme.com/f/help-vent-supp…ir-mental-health Merchandise: www.redbubble.com/people/VentUK/shop Music: @patawawa - Strange: www.youtube.com/watch?v=d70wfeJSEvk

No Daily Cast de abertura de hoje, Richardi Ferreira, estrategista de investimentos do Banco do Brasil, traz as principais informações do mercado financeiro. Nos Estados Unidos, os investidores aguardam dados de inflação e atividade, com destaque para a participação do Diretor do Federal Reserve, Christopher Waller, em evento. Ontem, as bolsas dos EUA fecharam em queda devido aos aumentos dos rendimentos dos treasuries. Na Zona do Euro, a leitura final do Índice de Preços ao Consumidor e discursos de dirigentes do Banco Central Europeu influenciaram as bolsas, que fecharam em baixa. Na Ásia, dados setoriais da China sinalizaram uma melhora na economia, enquanto no Japão a produção industrial teve ligeira melhora. No Brasil, o Ibovespa encerrou o pregão com valorização, impulsionado por ações cíclicas e frigoríficos, e o dólar fechou em baixa cotado a R$5,13. Para ver esse e outros conteúdos de investimentos, acesse o BB Private Lounge no link bb.com.br/lounge.

Jay Powell squashed Christopher Waller's comments on Friday saying that he stilll thinks inflation is coming down, China PMIs accelerate, and Tesla deliveries are likely released tomorrow. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure

El dato macro más importante de la semana se publicará este viernes y Wall Street lo cotizará el próximo lunes cuando vuelva a abrir tras el parón de Semana Santa. Es el deflactor de consumo privado PCE de EEUU, la medida de inflación preferida por la Fed, que podría dar alguna pista de los próximos movimientos del banco central estadounidense sobre los tipos de interés. El gobernador de la Fed, Christopher Waller, dice ahora que "no hay prisa" por flexibilizar la política monetaria. Entre tanto, el Ibex 35 llega a la Semana Santa en máximos de los últimos siete años. Nuestro selectivo podría cerrar marzo con un repunte de más del 10%, su mayor avance desde noviembre de 2023. Entre los peores valores, ACS, lastrado por las informaciones sobre la renegociación del contrato de su mayor autopista en Texas. En el mercado de commodities, el oro se encamina a su mayor subida mensual, por encima de los 2.200 dólares la onza. Hablaremos de Formación con Marc Ribes, cofundador de Blacbkird, y también tendremos Consultorio de Bolsa este Jueves Santo, más reducido, con Rafael Ojeda, de Fortage Funds.

Noticias Económicas y Financieras Los inversores en acciones están cerrando un excelente primer trimestre, y el mercado continúa aplastándolo con máximos históricos casi diarios. El S&P 500 ha subido un 10% en los primeros tres meses del año, alcanzando ya la marca de 5.200 puntos que incluso los analistas más optimistas habían pronosticado para todo 2024. No se trata sólo de la revolución de la IA y los Siete Magníficos (o "Super Seis" menos Tesla). Los 11 sectores del S&P 500 han subido en lo que va del año, excepto el sector inmobiliario, y el impulso se ha extendido incluso recientemente a otros índices como el Russell 2000. Los récords tampoco se han limitado a las acciones, con bitcoin $BTC-USD y oro $XAUUSD:CUR alcanzando nuevos máximos, en un repunte que se ha extendido a todas las clases de activos. El mercado estará cerrado mañana por Viernes Santo, lo que significa que hoy será la última sesión del trimestre. Sam Bankman-Fried, el deshonrado fundador del colapsado intercambio de criptomonedas FTX, escuchará hoy cuánto tiempo pasará en prisión. Según el gobernador de la Reserva Federal, Christopher Waller, "no hay prisa" para que el banco central de EE.UU. empiece a recortar los tipos de interés. $DIS La integración de Walt Disney Hulu no es la única noticia que aparece en los titulares. La Casa del Ratón y los aliados del gobernador de Florida, Ron DeSantis, llegaron a un acuerdo sobre el desarrollo futuro de Disney World. $AMZN Amazon gasta miles de millones en la startup de IA Anthropic. $CCL Carnival advierte que el colapso del puente de Baltimore podría recortar las ganancias. $FSRN Fisker recorta los precios para liquidar el inventario y recaudar efectivo. $WMT Walmart volverá a presentar una notificación antimonopolio para la adquisición de Vizio (VZIO).

Wall Street hits another record high ahead of crucial inflation data. But Federal Reserve Governor Christopher Waller says he still requires several more months of data to gather the confidence to move to cut interest rates. UBS takes a hit of more than $1bn to its 2023 net profit after cutting the negative goodwill from its rescue of Credit Suisse. The lender now admits it may not be able to realise all its expected gains. Outgoing Dutch Prime Minister Mark Rutte has sought to calm tensions following an important trade bilateral meeting in Beijing. Rutte told President Xi Jinping that chip restrictions with companies such as ASML, are not country-specific. In currency news, the yen is at nearly its lowest level against the dollar since 1990. Markets are carefully watching for any BoJ intervention following an emergency meeting in Tokyo. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nossos sócios Luiz Eduardo Portella, Tomás Goulart e Sarah Campos debatem, no episódio de hoje, os principais acontecimentos da semana no Brasil e no mundo.⁠ ⁠ ⁠No cenário internacional, o destaque ficou para o discurso de um importante membro do Fed, Christopher Waller, que tem exercido um papel de influência nos últimos anos, tendo em vista os acertos na projeção do cenário macroeconômico. As falas foram mais hawks, com ele se mostrando mais preocupado com os dados recentes, a continuidade do progresso da inflação e leituras mistas sobre o mercado de trabalho. Além disso, na Europa, foram iniciadas as divulgações dos dados de inflação de março, com o headline da Espanha bem próximo ao esperado. ⁠ No Brasil, o IPCA-15 veio acima da expectativa do mercado, com composição mista e a parte de serviços subjacentes ainda acima do padrão sazonal condizente com a meta de inflação. Além disso, foi divulgada a ata do Copom, que reforçou a força do mercado de trabalho – o que foi corroborado pelos dados divulgados na semana, como Caged e PNAD Contínua – e da atividade econômica, trazendo tom de maior cautela na condução de política monetária. ⁠ Nos EUA, os juros abriram, com o destaque para os mais curtos (menos de 10 bps), e as bolsas também fecharam próximo a estabilidade – S&P500 +0,39% e Nasdaq -0,46%. No Brasil, os juros também tiveram leve abertura, e o Ibovespa valorizou 0,85%. O petróleo subiu 3,10%. ⁠ ⁠⁠⁠⁠⁠Nessa sexta e na próxima semana será importante acompanhar dados de inflação nos EUA e Europa, dados de emprego e atividade nos EUA, o discurso do presidente do Fed e, por aqui, a produção industrial. ⁠ Não deixe de conferir!⁠

El dato macro más importante de la semana se publicará este viernes y Wall Street lo cotizará el próximo lunes cuando vuelva a abrir tras el parón de Semana Santa. Es el deflactor de consumo privado PCE de EEUU, la medida de inflación preferida por la Fed, que podría dar alguna pista de los próximos movimientos del banco central estadounidense sobre los tipos de interés. El gobernador de la Fed, Christopher Waller, dice ahora que "no hay prisa" por flexibilizar la política monetaria. Entre tanto, el Ibex 35 llega a la Semana Santa en máximos de los últimos siete años. Nuestro selectivo podría cerrar marzo con un repunte de más del 10%, su mayor avance desde noviembre de 2023. Entre los peores valores, ACS, lastrado por las informaciones sobre la renegociación del contrato de su mayor autopista en Texas. En el mercado de commodities, el oro se encamina a su mayor subida mensual, por encima de los 2.200 dólares la onza. Hablaremos de Formación con Marc Ribes, cofundador de Blacbkird, y también tendremos Consultorio de Bolsa este Jueves Santo, más reducido, con Rafael Ojeda, de Fortage Funds.

Hökaktigt uttalande från fed-guvernören Christopher Waller, Kina öppnar för internationellt samarbete inom tech och Xi Jinping uppmanar PBOC att köpa statsobligationer. Programledare: Ylva Johansson

Welcome to episode 568 of the Trading Justice podcast where the Justice brothers discuss quantitative easing otherwise known as QE. Surprised we are talking QE? So are the Justice boys but after Fed member Christopher Waller dropped hints of the Fed buying short-term treasuries on Friday then it was appropriate. Matt walks us through a history of monetary policy, a discussion of what QE is, and its impacts on risk assets in the feature presentation. Before that in the Market Skyline the brothers breakdown the move in semiconductors, the setup in oil, and gold and Bitcoins backdrop. It is a great podcast and a discussion on QE that you will want to be informed of for the coming years. So sit back and get ready to enjoy another fantastic Trading Justice podcast!

In this episode of WealthVest: The Weekly Bull & Bear, Drew and Tim discuss Federal Reserve Gov. Christopher Waller's statements on rate cuts, the risk of a second wave of inflation, U.S. home sales and tech layoffs. WealthVest – based in Bozeman, MT, and San Francisco, CA – is a financial services marketing and distribution firm specializing in fixed and fixed index annuities from many high-quality insurance companies. WealthVest provides the tools, resources, practice management support, and products that financial professionals need to provide their clients a predictable retirement that has their best interest in mind.Hosts: Drew Dokken, Tim PierottiAlbum Artwork: Sam YarboroughShow Editing and Production: Tavin DavisDisclosure: The information covered and posted represents the views and opinions of the hosts and does not necessarily represent the views or opinions of WealthVest. The mere appearance of Content on the Site does not constitute an endorsement by WealthVest. The Content has been made available for informational and educational purposes only. WealthVest does not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the Content.WealthVest does not warrant the performance, effectiveness or applicability of any sites listed or linked to in any Content. The content is not intended to be a substitute for professional investing advice. Always seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your investment planning. Investment and investing involves risk, including possible loss of principal. Hosted on Acast. See acast.com/privacy for more information.

Las acciones mundiales suben el viernes en el cierre de una semana de récords tras el éxito de los resultados del fabricante de chips estadounidense Nvidia. Sus cuentas siguen animando a los valores tecnológicos e impulsando a los principales índices de referencia de todo el mundo a nuevos máximos. Pero los precios del petróleo van camino de romper una racha de dos semanas de ganancias después de que el Gobernador de la Fed, Christopher Waller, haya comentado que los recortes de los tipos de interés deberían retrasarse al menos dos meses más. La perspectiva de un aplazamiento de los recortes de tasas apuntala al dólar, aunque la divisa está a punto de anotarse una caída semanal por primera vez en lo que va de año. En Europa, sesión de más resultados empresariales. Destacan Standard Chartered y BASF. La acción de esta última pierde terreno tras decir que recortará otros 1.000 millones de euros en costes anuales. El banco británico gana más de un 6% tras anunciar una recompra de acciones por valor de 1.000 millones de dólares y el aumento de sus ganancias, aunque presenta unas previsiones de crecimiento modestas por su exposición a China. Allianz pierde después de que la aseguradora alemana dijera que su cartera inmobiliaria se ha depreciado un 6,2% en 2023. Como todos los viernes, hacemos a esta hora balance de la semana con Antonio Castelo, de iBroker.

Nossos sócios Luiz Eduardo Portella, Tomás Goulart e Yara Cordeiro debatem, no episódio de hoje, os principais acontecimentos da semana no Brasil e no mundo.⁠ ⁠No cenário internacional, já no final dessa semana, observamos a revisão do CPI (índice de preços ao consumidor) dos Estados Unidos. Entre as alterações, houve atualizações para toda série de 2023, sinalizando uma inflação de melhor composição e mais cadente. Na zona do euro, a Conselheira do Banco Central Europeu, Isabel Schnabel, concedeu entrevista dizendo ser importante evitar uma redução prematura das taxas de juros, mesmo diante dos indícios de desaceleração da economia na região com a divulgação da produção industrial. Na China, autoridades anunciaram medidas para estabilizar o mercado, além de uma série de ajustes nas regras de negociação das ações, que foram determinantes para recuperação dos ativos de risco do país.  No Brasil, a Ata do Copom não trouxe grandes novidades sobre o ritmo de cortes, porém a autoridade monetária demonstrou estar vigilante com o comportamento do mercado de trabalho. Além disso, tivemos a divulgação do IPCA de janeiro, apresentando um resultado acima das expectativas, com alguma pressão nos itens mais sensíveis à política monetária. Nos EUA, a dinâmica benigna da atividade econômica, somada às falas mais hawks por parte de alguns membros do FED, levaram a um movimento de abertura da curva de juros ao redor do mundo. A taxa de juros americana de 2 anos abriu 11bps, enquanto a taxa mais longa, de 10 anos, abriu 15bps. O S&P500 subiu 1,37%, Nasdaq 1,81%, e o dólar se manteve estável. No Brasil, os juros acompanharam o movimento de alta, e o Ibovespa subiu 0,66%. ⁠⁠⁠⁠Na próxima semana será fundamental acompanhar a divulgação do CPI nos EUA, além da fala do Christopher Waller, membro do FED, que tem sido um importante porta voz, podendo trazer mais clareza sobre a condução da política monetária norte americana. No Brasil, em função do feriado de Carnaval teremos uma agenda mais esvaziada. ⁠ Não deixe de acompanhar!

Deze week verhoogde zakenbank UBS zijn eindejaarsdoel voor de S&P 500. De achterliggende analyse is dat de winsten goed blijven liggen en de hoge waarderingen verder zullen stijgen omdat centrale banken de rente gaan verlagen. De UBS-strategen erkennen wel dat aandelen nu al een beetje duur zijn, maar tekenen daarbij aan dat ze nog niet op ‘nose bleed levels' zitten Oftewel: die strategen moeten, voordat ze van mening veranderen, eerst een flinke tik op de neus van Mr Market krijgen. Nu denken veel beleggers dat centrale banken het beleggingsjaar gaan bepalen. Uit de recentste enquête van Bank of America onder grote beleggers blijkt dat maar liefst 52% daarvan denkt dat de centrale banken de grote stimulans van de aandelenmarkt in 2024 gaan worden. Ik vind dat vreemd, want dat hebben we net al in het afgelopen kwartaal gezien. In oktober ging de markt uit van een Fed-rente eind 2024 van 4,8%. Nu is deze renteverwachting bijgesteld naar 3,9%. Er zijn dus al zes renteverlagingen ingeprijsd, terwijl de Fed dit jaar slechts negen keer vergadert. Aan die extreme daling ligt een combinatie ten grondslag van meevallende inflatiecijfers en een Fed-voorzitter die tijdens de decembervergadering onverwacht over renteverlagingen begon. We weten nog altijd niet waarom hij opeens zo'n draai maakte. Let wel, zes verlagingen is net zo veel als in 2008. Maar toen stond de economie op het randje van de afgrond. De geldmarkt gaat dus van een recessie uit, anders heb je geen zes renteverlagingen nodig. Maar ik denk dat de Fed heel wat voorzichtiger gaat zijn. Nu denk ik dat al een tijdje en heb ik voorlopig het gelijk aan mijn zijde, maar blijft dat ook zo? Oftewel: hoe zou ik in 2024 ongelijk kunnen krijgen? Ik kan een scenario bedenken waarbij de Fed ergens in het tweede kwartaal de eerste verlaging doorvoert. De markt zal daarin een bevestiging zien dat er nog veel meer en veel snellere verlagingen komen. Een dergelijk scenario hebben we al gezien bij de centrale banken in de emerging markets, met name in Oost Europa en Zuid-Amerika. Die waren sneller met hun renteverhogingen dan de Fed en de ECB en nu ook sneller met verlagen. En bij deze verlagingen zie je dat de markten nog enthousiaster anticiperen op nog meer van dergelijke stappen. In de afgelopen dagen gooide Fed-gouverneur Christopher Waller al wat koud water op deze oververhitte verwachtingen. Hij vond drie renteverlagingen wel genoeg. En alleen als de inflatie daadwerkelijk daalt, zal er worden verlaagd. 2024 wordt inderdaad een jaar waarin de centrale banken de stemming bepalen. Maar gezien het grote enthousiasme waarmee de markt op een sterke daling in de rentes rekent, eindigt dat waarschijnlijk weer in een teleurstelling. Nou ja, beter dan een bloedneus. Over de column van Corné van Zeijl Corné van Zeijl is analist en strateeg bij Cardano en belegt ook privé. Reageer via c.zeijl@cardano.com. Deze column kun je ook iedere donderdag lezen in het FD.See omnystudio.com/listener for privacy information.

* Guest: Eldon Stahl - Field Coordinator - The John Birch Society - JBS.org - TheNewAmerican.com * Guests: Bryan Rust, Kelly Finnegan, Over the past 50 years, Rust Coins has been working to educate customers about precious metals - RustCoinAndGift.com * Honest Money Report: Gold - $2020.90 Silver - $22.73. * TX Sen. Ted Cruz endorsed Trump for 2024. * Vivek Campaigns for Trump Ahead of New Hampshire Primary - D. Michael DeRidder, TheNewAmerican.com * Trump Considering Elise Stefanik For VP - Ryan Saavedra, DailyWire.com - Sam: Horible Pick. * Christopher Waller, A Fed Governor Affirms That Rate Cuts Are Coming. Mr. Waller said that while his view of the policy outlook was 'consistent' with the Fed's December projection that it would cut interest rates three times this year, 'the timing of cuts and the actual number of cuts in 2024 will depend on the incoming data. He said the timing of the first rate cut would be up to the Fed's policy-setting committee. * Biden: US Does Not Support Taiwan Independence - John Larabell, TheNewAmerican.com * Book: Again May God Forgive Us, America's betrayal of China - Robert W. Welch Jr. * Is Delta Air Lines training its employees to be racist? * Fauci develops selective amnesia during COVID testimony; admits social distancing wasn't scientific - Joseph MacKinnon, TheBlaze.com

On the version of Hot off the Wire posted Jan. 17 at 7 a.m. CT: Medicine is en route to Gaza after Qatar and France mediated a deal between Israel and Hamas. The deal to supply both the hostages held by Hamas and Gaza residents comes more than 100 days into a conflict that shows no sign of ending. A senior Hamas official said Wednesday that for each box of medicine provided to the hostages, 1,000 boxes would be sent for use by Palestinian civilians. Gaza's Health Ministry says the Palestinian death toll from the war has surpassed 24,000 people. In Israel, around 1,200 people were killed during Hamas' Oct. 7 attack that sparked the war and saw some 250 people taken hostage by the militants. PORTLAND, Ore. (AP) — The Pacific Northwest is hunkering down after predictions of ice and freezing rain that could continue a weekend storm toll of damage and deaths. Parts of southwest Washington and western Oregon are under an ice storm warning through Wednesday morning. That includes the three largest Oregon cities, Portland, Salem and Eugene. Freezing rain is forecast in the Seattle area. Schools are closed, bus service curtailed and warming shelters open in Oregon. The forecast came as much of the United States coped with bitter weather that in some places put electricity supplies at risk. Another day of record cold temperatures swept much of the Rockies, Great Plains and Midwest on Tuesday. WASHINGTON (AP) — President Joe Biden has invited the top four congressional leaders and other lawmakers to the White House on Wednesday as members have struggled to reach agreement on aid for the Ukraine war. Republicans have insisted on pairing it with their own demands for securing the U.S. border. A bipartisan group of negotiators in the Senate have been working for weeks to find an agreement that would provide wartime money for Ukraine and Israel and also include new border policy that is strong enough to satisfy Republicans in both chambers. The talks appeared to slow last week as senators said significant disagreements remained. ATKINSON, N.H. (AP) — Donald Trump has scored a record victory in the Iowa caucuses and said Tuesday that he wants another big win in New Hampshire. Voters in the New England state get their turn Jan. 23rd to decide just how competitive the Republicans' nominating fight will be as the former president continues to dominate his party. PALMDALE, Calif. (AP) — Authorities say four men have been found dead Tuesday at a Southern California home but there's no immediate word on the cause of their deaths. Los Angeles County firefighters were sent to a home in Palmdale, a desert community north of Los Angeles, at about 4:30 p.m. Tuesday. They found four men down at the home and called sheriff's deputies. The men were pronounced dead at the scene. BEIJING (AP) — China's population fell by 2 million people in 2023 in the second straight annual decrease as births dropped and deaths jumped. The government's statistics bureau said Wednesday that the total population was 1.4 billion last year. The number of deaths rose by 690,000 to 11.1 million, more than double last year's increase. Demographers were expecting a rise in deaths in the early part of last year because of the sudden lifting of China's COVID-19 restrictions in late 2022. The number of births fell for the seventh year, reflecting a fall in the birth rate that is a long-running economic and societal challenge for China. NEW YORK (AP) — The prospect of a JetBlue-Spirit Airlines merger has taken a major hit in court. A federal judge on Tuesday sided with the Biden administration and blocked the $3.8 billion deal to combine the two carriers. The judge ruled that JetBlue's purchase of Spirit, the nation's largest low-cost airline, would harm competition — and increase prices for air travelers as a result. Meanwhile, JetBlue has maintained that it needs such a deal to compete with industry rivals. JetBlue and Spirit say they are considering whether to appeal the decision. But the ruling could also open the door for Frontier Airlines to make another attempt to buy the Florida-based Spirit. WASHINGTON (AP) — The Biden administration is expected to soon announce plans to redesignate Iranian-backed Houthi rebels in Yemen as a specially designated global terrorists. That's according to two people familiar with the White House decision and a U.S. official. The move comes as the Houthis have launched dozens of attacks on commercial vessels in the Red Sea. The group says it's attacked the ships in response to Israel's military operations in Gaza in the aftermath of Hamas' Oct. 7 attack on Israel. The three people familiar with the decision were not authorized to comment and requested anonymity to discuss the matter ahead of the expected formal announcement. The Red Sea attacks have already caused significant disruptions to global trade. WASHINGTON (AP) — A top Federal Reserve official said he's increasingly confident that inflation will continue falling this year back to the Fed's 2% target level, after two years of accelerating price spikes that hurt millions of American households. The official, Christopher Waller, an influential member of the Fed's Board of Governors, noted that inflation is slowing even as growth and hiring remain solid — a combination that he called “almost as good as it gets.” Waller's remarks follow recent comments from other senior Fed officials that suggest the central bank remains on track to cut its benchmark short-term interest rate this year. In December, the Fed's policymakers collectively forecast that they would cut their rate three times in 2024. DENVER (AP) — Court documents show the shooter who killed five people and endangered the lives of over 40 others at an LGBTQ+ nightclub in Colorado Springs plans to plead guilty to new federal charges. A plea agreement made public Tuesday would allow the defendant to avoid the death penalty. The documents show Anderson Aldrich made a deal to plead guilty to 50 hate crime charges and 24 firearm violations. Aldrich previously was sentenced to life in prison after pleading guilty to five state charges of murder and 46 counts of attempted murder — one for each person at Club Q during the November 2022 attack. Just three games were contested in the NBA Tuesday night and all three were high scoring, four games on the collegiate level involving top ten teams, eight games in the NHL and NFL news off the field. Also, Eagles center Jason Kelce intends to retire after 13 NFL seasons, the NBA fined Sacramento Kings coach Mike Brown $50,000 after his outburst against an official, and New York Knicks owner James Dolan faxes a lawsuit. WASHINGTON (AP) — The Supreme Court has allowed a court order to take effect that could loosen Apple's grip on its lucrative iPhone app store, and potentially affect billions of dollars in revenue a year. The justices rejected Apple's appeal of lower-court rulings that found some of Apple's app store rules for apps purchased on more than 1 billion iPhones constitute unfair competition under California law. Even so, Apple proposed a plan in court documents that would preserve most of its app store commissions, even when consumers use alternative payment options. The rejected appeal stemmed from an antitrust lawsuit filed by Epic Games, maker of the popular Fortnite video game. WASHINGTON (AP) — The Supreme Court has passed up a chance to intervene in the debate over bathrooms for transgender students, rejecting an appeal from an Indiana public school district. Federal appeals courts are divided over whether school policies enforcing restrictions on which bathrooms transgender students can use violate federal law or the Constitution. In the case the court rejected without comment on Tuesday, the Chicago-based 7th U.S. Circuit Court of Appeals upheld an order granting transgender boys access to the boys' bathroom. Legal battles over transgender rights are ongoing across the country. At least nine states are restricting transgender students to bathrooms that match the sex they were assigned at birth. —The Associated Press About this program Host Terry Lipshetz is managing editor of the national newsroom for Lee Enterprises. Besides producing the daily Hot off the Wire news podcast, Terry conducts periodic interviews for this Behind the Headlines program, co-hosts the Streamed & Screened movies and television program and is the former producer of Across the Sky, a podcast dedicated to weather and climate. Lee Enterprises produces many national, regional and sports podcasts. Learn more here.  See omnystudio.com/listener for privacy information.

Las bolsas europeas sufren fuertes caídas en la sesión de hoy. Pasan factura las declaraciones más agresivas de los responsables del Banco Central Europeo, que moderan las expectativas de recorte de los tipos de interés. Además, los sombríos datos económicos de China deterioran aún más el ánimo de los inversores. El STOXX 600 .STOXX pierde un 1,2% y alcanza su nivel más bajo en más de un mes. La presidenta del BCE, Christine Lagarde, dice que el banco central está en camino de conseguir que la inflación vuelva a su objetivo del 2%, pero que no se puede cantar victoria aún. El mercado ha retrasado las expectativas de recorte de tipos de marzo a abril, aunque siguen estimando un recorte total de unos 150 puntos básicos en las tasas este año. Los valores de lujo expuestos a China, como LVMH y Kering caen un 1,6% y un 2%, respectivamente. En otros mercados, el dólar cotiza en máximos de un mes, un día después de que el gobernador de la Reserva Federal, Christopher Waller, afirmara que, aunque la inflación se acerca al objetivo del 2%, la Fed no debería precipitarse a la hora de bajar los tipos. Además, el aumento inesperado de la inflación en el Reino Unido el mes pasado provoca un fuerte alza del rendimiento de la deuda pública británica. El precio del petróleo cae por la decepcionante recuperación económica china y el alza del dólar. La OPEP, por cierto, mantiene su perspectiva para la demanda de petróleo en 2024 y ve más crecimiento en 2025.

Conheça o Levante Sala VIP! Você terá a sua Carteira analisada por Flávio Conde e Ricardo Afonso. Clique no link e saiba mais: https://lvnt.app/gqa524 16/1/24: Finalmente, chegou a Baixa da Bolsa Olá, seja bem-vindo ao Fechamento de Mercado da Levante comigo Flávio Conde, hoje é 3ª. feira, 16 de janeiro, e dedico o vídeo de hoje a Aylmara, Lucileide, JMSarkis, Gilson e AmaurySe vc quiser o material da apresentação em pdf me escreva no 11983469005. A Bolsa fechou com forte baixa perto de -1,5% aos129,5 mil pontos e volume médio de R$ 22 bi, R$ 5 bi acima de terça passada quando foi apenas R$ 18 bi e R$ 3 bi abaixo da média de dezembro. Por que a bolsa performou assim? 1º. O Ibovespa abre o dia em leve baixa de -0,90% mesmo com petróleo e Petrobras subindo e minério em leve queda de -0,60% e Vale -0,30%. Ao longo do dia o discurso, as falas de Christopher Waller, diretor do Fed, derrubaram os mercados com juros e dólar subindo e bolsas caindo. Vamos às principais falas de Waller: 1. Dados dos últimos meses permitem que o Fed considere cortar taxas neste ano. 2. As mudanças na trajetória política devem ser “cuidadosamente calibradas” e “não apressadas” 3. Estou mais confiante de que estamos muito perto de alcançar uma inflação sustentável de 2% 4. Estamos perto, mas precisarei de mais informações nos próximos meses para ter certeza 5. O Fed poderá cortar as taxas este ano, desde que a inflação não se recupere ou permaneça alta 6. Esta visão é consistente com as projeções do Fed de três cortes de 25 pontos base em 2024 7. O tempo e o número real de cortes dependerão dos dados 8. A atividade econômica moderou-se 9. A definição da política deve proceder com mais cautela para evitar um aperto excessivo 10. As condições financeiras permanecem restritivas Qual foi a principal reação do mercado? As taxas de juros dos títulos de 10 anos subiram de 3.96% para 4.06%, levando o dólar a valorizar 1% frente o DXY (cesta de moedas fortes como euro, libra esterlina, yen, dólar canadense e outras) e ações caírem com Dow Jones -0,70% e Nasdaq -0,30%. No Brasil, o Ibovespa caiu -1,60% e o dólar subiu 6 centavos, +1,20%, para R$ 4,93 de R$ 4,87 ontem. 2º. No Ibovespa apenas 2 ações subiram: SLCE3 1% e VIVT3 0,20% 3º. Entre as 15 mais negociadas, 15 caíram lideradas: VALE3 -1,4%, PETR4 -0,90%, ITUB4 -1,3%, BBAS3 -0,60%, BBDC4 -1%, MGLU3 -4%, B3 1%, PRIO3 -2,4%, ELET3 -3% e AZUL4 -5%. 4º. O petróleo recuou -0,30% para US$ 77,90 versus US$ 78,10 e pode recuar mais com a alta de juros longo nos EUA hoje. 5º. O minério de ferro recuou levemente -0,60%, para US$ 131,70. CMIN3 caiu -1,7%. 6º. As bolsas americanas já foram comentadas acima. 7º. O dólar já foi comentado acima. 8º. Os investidores estrangeiros compraram R$ 322 milhões em recursos no segmento secundário da B3 (ações já listadas) em 12 de janeiro, dia que o Ibovespa subiu 0,26%. O superávit mensal e anual alcançou R$ 2,3 bilhões. Já o investidor institucional vendeu R$ 536 milhões na mesma data. Dessa forma, o déficit do mês e do ano foi para R$ 5,8 bilhões. E o investidor individual comprou R$ 44 milhões no mesmo dia, levando o superávit mensal e anual para R$ 2,15 bilhão. Destaques de alta: SLCE3 +1.1% R$ 17,96 VIVT3 +0.1% R$ 50,70 Destaques de baixa: PCAR3 -7.0% R$ 4,65 SOMA3 -5.7% R$ 7,16 RAIZ4 -5.7% R$ 3,77 CSAN3 -5.6% R$ 18,45 AZUL4 -5.1% R$ 12,94 Conheça a Levante Investimentos: Conheça nossas *Séries de Investimentos*: https://lvnt.app/4q3u3b Acompanhe nosso Instagram: https://www.instagram.com/levante.investimentos/ Fique ligado nas principais notícas do mercado no nosso canal no Telegram: https://lvnt.app/zuntm0

Global bond markets sold off this morning after Fed official Christopher Waller cautioned against expectations of early and fast cuts in US interest rates. In our bonus deep-dive interview on Australia's commercial property investment pipeline, ANZ New Zealand Economist Andre Castaing went deep into last year's GDP figures and found the worst per-capita recession in 15 years. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

Join economist Dr. Orphe Divounguy and Chris Krug as they discuss comments from The Fed's Christopher Waller on this episode of Everyday Economics! Everyday Economics is an unrehearsed, free-flow discussion of the economic news shaping the day. The thoughts expressed by the hosts are theirs, unedited, and not necessarily the views of their respective organizations. --- Support this podcast: https://podcasters.spotify.com/pod/show/everyday-economics7/support

Las declaraciones de Christopher Waller, gobernador de la Reserva Federal, aumentaron el positivismo en el mercado; pues afirmó que la actual política monetaria del banco central parece suficiente para ayudar a enfriar la inflación hasta la tasa del 2% fijada como objetivo por la Reserva Federal. No obstante, la posibilidad de recortar las tasas sigue siendo una incógnita. $DIS $AAPL $GS $AMZN $GM $

Indian benchmark indices, Sensex and Nifty 50, are set to open higher on November 29, tracking a rise in Asian and US peers. This came against the backdrop of dovish commentary from a US Federal Reserve official elevated bets of rate cuts by as early as March 2024. India's GIFT Nifty was up 0.31% at 20,029.50 as of 7:58 am IST, above the benchmark Nifty 50's previous close of 19,889.70. In the November 29 trading session, the Nifty may hit or cross the 20,000-mark and breach its all time high levels. In the previous session it crossed the 19,900-mark, just about 1.65% away from record levels. In November, the market has gained 4.25% while the mid cap index has risen 8.75%. Globally, Wall Street equities rose overnight after Fed governor Christopher Waller flagged the possibility of lowering the interest rate in the months ahead if inflation continued to come down. Key stocks to track: Zomato, Siemens, Phillips Carbon Black, Tata Power and more Tune in to Marketbuzz Podcast for more

On the version of Hot off the Wire posted Nov. 29 at 7 a.m. CT: RAFAH, Gaza Strip (AP) — International mediators appeared to have made progress Wednesday on extending the truce in Gaza. They are encouraging the territory's Hamas rulers to keep freeing hostages in return for the release of Palestinian prisoners and further respite from Israel's air and ground offensive. The deal will otherwise expire within a day. Israel has welcomed the release of dozens of hostages in recent days and says it will maintain the truce if Hamas keeps freeing captives. But its other major goal is the annihilation of the armed group that has ruled Gaza for 16 years and orchestrated the deadly attack on Israel that triggered the war. That seems less and less likely. TOKYO (AP) — A crew member who was recovered from the ocean after a U.S. military Osprey aircraft carrying six people crashed Wednesday off southern Japan has been pronounced dead. Japanese coast guard officials say the cause of the crash and the status of the five others on the aircraft were not immediately known. Initial reports said the aircraft was carrying eight people, but the U.S. military later revised the number to six. The Osprey is a tiltrotor aircraft that can function as a helicopter and a turboprop aircraft. U.S. and Japanese officials say the aircraft belonged to Yokota Air Base in western Tokyo. U.S. Air Force officials at Yokota said they are still confirming information and had no immediate comment. CLEVELAND (AP) — An early blast of cold and snow shut down schools in Cleveland on Tuesday and made driving on heavily traveled Interstate 90 in northern Ohio treacherous. A lake-effect snow warning was issued by the National Weather Service for areas from Cleveland eastward into Erie, Pennsylvania. Just before 11 a.m. Tuesday, the weather service said observers had reported 13 inches or more in Ashtabula County in Ohio and Erie County in Pennsylvania along with 11.6 inches in Lake County, Ohio. A foot or more of snow also had fallen across a largely rural stretch of upstate New York east of Lake Ontario, with one spot recording 23 inches. PLAINS, Ga. (AP) — Rosalynn Carter is set to receive her final accolades and farewells in Plains, Georgia. It's the same tiny town where the former first lady was born. There, she and former President Jimmy Carter based his 1976 presidential campaign and returned after their White House years as they became global humanitarians. Rosalynn Carter died Nov. 19. Her funeral Wednesday will be held at Maranatha Baptist Church. The service comes on the last of three days of public tributes. The 99-year-old former president attended a memorial service Tuesday in Atlanta. Rosalynn Carter will be buried in a plot she will one day share with her husband. WASHINGTON (AP) — The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates. The Paris-based Organization for Economic Cooperation and Development estimated Wednesday that international growth will slow to 2.7% in 2024 from an expected 2.9% pace this year. That would amount to the slowest growth since the pandemic year of 2020. A key factor is that the OECD expects the world's two biggest economies, the United States and China, to decelerate next year. The U.S. economy is forecast to expand just 1.5% in 2024, from 2.4% in 2023, as the Federal Reserve's interest rate increases restrain growth. LOS ANGELES (AP) — Sean “Diddy” Combs has temporarily stepped down as chairman of his television network Revolt amid multiple sexual abuse allegations against the music mogul. Revolt announced Combs' decision on social media Tuesday. It's not clear when he will return to his media company – which said Combs previously had “no operational or day-to-day role” at the network. Combs declined to comment on the matter. The network has been preparing to celebrate its 10th anniversary. Earlier this month, R&B singer Cassie accused Combs of raping and beating her over the duration of their decadeslong, on-and-off relationship. After Cassie, two more women came forward to accuse him of sexual abuse. DUBAI, United Arab Emirates (AP) — The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deal, a day before the summit was due to being. Sultan al-Jaber, who also leads the massive state-run Abu Dhabi National Oil Co., called the allegations Wednesday from a BBC report “an attempt to undermine the work of the COP28 presidency” before the talks begin Thursday. The report cited what it described as “leaked briefing documents” the broadcaster described as showing the Emirates planned to discuss fossil fuel deals with 15 nations. The BBC did not immediately respond to a request for comment. BLUFFTON, S.C. (AP) — Nikki Haley says former President Donald Trump causes too much chaos to be successful in a second White House term. She reiterated her argument about the GOP front-runner at a large town hall Monday in her home state of South Carolina. The former governor and United Nations ambassador drew the largest crowd of her primary campaign so far as she tries to close the gap with Trump just weeks before the Iowa caucuses kick off the Republican nominating calendar. Haley says the time is now right for a new generation in U.S. leadership. Officials at a satellite campus of the University of South Carolina said around 2,500 people gathered for the event. NEW YORK (AP) — It's not just you. Across the U.S., prices at the pump have felt milder in recent months. Gas prices have fallen or remained steady since September 19 — marking about a 70-day trajectory of decline. That's according to Andrew Gross, a spokesperson for motor club AAA. As of Tuesday, the national average for gas prices stood just below $3.25. That's down 25 cents from a month ago and 30 cents less than this time last year. Experts point to recent declines in oil prices and a seasonal dip in demand, which is projected to continue in the coming months. A change in trajectory is always possible of course — particularly if there are shifts in the larger global market. WASHINGTON (AP) — A key Federal Reserve official raised the possibility that the Fed could decide to cut its benchmark interest rate as early as spring if inflation keeps declining steadily. The official, Christopher Waller, cautioned that inflation is still too high and that it's not yet certain if a recent slowdown in price increases can be sustained. But he sounded the most optimistic notes of any Fed official since the central bank launched its aggressive streak of rate hikes. Waller is regarded as a relatively “hawkish" official, meaning that he typically favors higher rates to combat inflation rather than low rates to boost job growth. But he has also become somewhat of a bellwether for the Fed's overall rate-setting committee. American consumers are feeling slightly more confident this month as the all-important holiday shopping season kicks into high gear. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 102 from 99.1 in October. Analysts were expecting a reading of 101. The October reading was revised down from an original reading of 102.6. The index measuring Americans short-term expectations for income, business and job market rose to 77.8 in November from 72.7 in October. It was the third straight reading below 80 for future expectations, which historically signals a recession within a year. NEW YORK (AP) — Sports Illustrated is the latest media company damaged by being less than forthcoming about who or what is writing its stories at the dawn of the artificial intelligence age. The website Futurism reported that the once-grand magazine used articles with “authors” who apparently don't exist, with photos generated by AI. The magazine denied claims that some articles themselves were AI-assisted, but has cut ties with a vendor it hired to produce the articles. The Gannett newspaper chain and the tech website CNET each had unsuccessful experiments with AI this past year and had kept readers in the dark about what they were doing. College football's four unbeaten majors top the College Football Playoff rankings, the NBA's in-season tournament has its elite eight, college basketball's top-ranked team wins again, and a win for the Wild's new coach in his debut. —The Associated Press About this program Host Terry Lipshetz is a senior producer for Lee Enterprises. Besides producing the daily Hot off the Wire news podcast, Terry conducts periodic interviews for this Behind the Headlines program, co-hosts the Streamed & Screened movies and television program and is the producer of Across the Sky, a podcast dedicated to weather and climate. Lee Enterprises produces many national, regional and sports podcasts. Learn more here.See omnystudio.com/listener for privacy information.

Uluslararası Para Fonu (IMF) Avrupa Bölgesel Ekonomik Görünümü raporunu yayımladı. IMF, Euro Bölgesi'nde enflasyonun daha uzun süre yüksek kalabileceğini, Avrupa Merkez Bankası'nın (ECB) fiyat baskılarını ortadan kaldırmak için gelecek yıl boyunca faiz oranlarını yüksek seviyelerde tutması gerektiğini bildirdi. Raporda, "Avrupa'nın görünümü, enflasyonun kademeli olarak düşmesiyle birlikte yumuşak bir iniş yönünde... Bölge genelindeki büyümenin geçen yıl yüzde 2,7'den 2023'te yüzde 1,3'e yavaşlaması ve 2024'te yüzde 1,5'e yükselmesi bekleniyor" ifadeleri yer aldı. Avrupa Merkez Bankası Başkanı (AMB) Christine Lagarde, mevduat faizini yüzde 4'te tutmanın enflasyonu dizginlemek için yeterli olacağını, ancak yetkililerin ihtiyaç duymaları halinde borçlanma maliyetlerini yeniden yükseltmeyi düşüneceklerini söyledi. Lagarde "Şu anda bulunduğumuz seviye, eğer yeterince uzun süre devam ettirebilirsek enflasyonu yüzde 2'lik hedefimize geri getirmeye önemli bir katkı sağlayacaktır. Büyük şoklar ortaya çıkarsa, şokların niteliğine bağlı olarak, bunu yeniden gözden geçirmemiz gerekecek" dedi. Buna rağmen tüketiciler enflasyonun yüksek seyretmeye devam edeceğini düşünüyor. Zira Avrupa Merkez Bankasının Tüketici Beklentileri Anketi'ne göre, tüketicilerin gelecek 12 ay için enflasyon beklentisi yüzde 3,5'ten yüzde 4'e çıktı. Küresel piyasaların genelinde Fed yetkililerinin enflasyonla mücadelenin henüz bitmediğine ilişkin vurguları öne çıktı. Fed Başkanı Jerome Powell da IMF panelinde yaptığı konuşmada Fed yetkililerinin enflasyondaki yavaşlamadan memnun olduğunu ancak yeterince kısıtlayıcı politika uyguladıklarından emin olmadıklarını söyledi. Powell Fed'in gerektiğinde daha fazla sıkılaştırma yapmaktan çekinmeyeceğini belirtti. Fed Yönetim Kurulu Üyesi Christopher Waller ise tahvil faizlerinde son haftalarda görülen artışın, tahvil piyasası için "depremden" başka bir şey olmadığını aktardı. Waller, ABD ekonomisinin üçüncü çeyrekteki yüzde 4,9'luk büyümesinin ise Fed'in bir sonraki politika hamlesini değerlendirirken izlenmesi gereken bir performans olduğunu dile getirdi. Zira ABD'nin 30 yıllık tahvil faizi, yaklaşık 7 baz puan yükselerek yüzde 4,76'ya çıktı. 10 yıllık tahvil faizi de yaklaşık 9 baz puan yükselerek yüzde 4,60'a çıktı. Bu arada kripto paralarda da yeniden bir hareketlenme mevcut. Uzun süre dipte seyretmişti ama şimdi yeniden kullanıcıları nezdinde bir yatırım aracı olarak öne çıkıyor gibi görünüyor. Zira Kripto para birimi Bitcoin, 37 bin 972 dolarla son 18 ayın zirvesini test etti. ABD enflasyonla mücadele ederken ekonomide olası risklere karşı Çin ile de ilişkileri sıkı tutmaya çalışıyor. ABD Hazine Bakanı Janet Yellen, Çin'in ekonomik ilişkilerden sorumlu Başbakan Yardımcısı ile "iletişimi yoğunlaştırma" konusunda anlaştıklarını belirterek, borç sorunlarından iklim değişikliğiyle ilgili ekonomik konulara kadar küresel zorluklar üzerinde birlikte çalışmaya kararlı olduklarını ifade etti. Yellen, ayrışmanın hem ABD'ye hem de Çin'e zarar vereceğini ve dünya için istikrarı bozacağını vurguladı. Aynı zamanda ABD Başkanı Joe Biden Çin Devlet Başkanı Şi Jinping ile 15 Kasım'da gerçekleşecek Asya Pasifik Ekonomik İşbirliği (APEC) Zirvesi'nde bir araya gelecek. Şimdi gözler haftaya açıklanacak ABD enflasyon verilerinde olacak. Dünya genelinde enflasyonla mücadelede gerektiği kadar adım atılıp atılmadığı sorgulanmaya daha uzun süre devam edecek gibi görünüyor.

Wall Street notches its eighth consecutive session in the green – the longest winning streak in two years. Fed Governor Michelle Bowman is pushing for a further hike as her colleague Christopher Waller calls recent GDP data as a ‘blowout quarter'. Chicago Fed President Austan Goolsbee tells our colleagues Stateside that a ‘golden path' to a soft landing remains a possibility. Crude slips to three-month lows as several poor global data prints and the potential of spillover from the Israel-Gaza war fuel concerns of slowing demand. The IMF calls for tight European policy decisions but the Fund's Europe Director Helge Berger tells CNBC that the continent will dodge a recession. Plus, we have a slew of third-quarter earnings with DHL, Pandora and Siemens Healthineers among them. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Primer día de negociación en Wall Street tras el festivo de ayer por el labour day. Signo negativo en los índices en una jornada en la que apenas hay referencias para la bolsa de Nueva York. Pendientes de la publicación del Libro Beige de la reserva federal cuyo contenido conoceremos mañana y pendientes de la próxima decisión en materia de tipos que tomará a finales de mes el Banco Central Estadounidense pero todo apunta, según cree el consenso del mercado con más de un 90% de probabilidad a que la FED no subirá tipos en su reunión de septiembre. Movimiento, o más bien falta de él, que gana enteros tras conocer las palabras del gobernador de la Reserva Federal, Christopher Waller, ha dicho en una entrevista en la CNBC que la última serie de datos económicos está dando espacio al Banco Central para poder pararse a analizar si necesita subir las tasas de nuevo, pero que movimiento en el corto plazo no parecen necesario. En el IBEX 35 sesión a la baja, podría ser la quinta con signo negativo consecutiva con una excepción brillante. Es el caso de Inditex. La textil gallega está cerca de máximos, con valoraciones positivas por parte de las casas de analistas y en la antesala de una nueva presentación de resultados que, todo apunta, podría volver a ser récord. El precio del petróleo sube con fuerza después de que Arabia Saudí haya anunciado que prorrogará el recorte voluntario de 1 millón de barriles diarios hasta finales de año.

Investors are bracing for what's shaping up to be a very tough earnings season for the country's biggest banks. Argus Research's Stephen Biggar lays out his expectations. Plus, actors in Hollywood are officially on strike after failing to reach a deal with producers. The Benchmark Company's Matthew Harrigan discusses what this means for media stocks. And, Fed governor Christopher Waller says he's not convinced by this week's cooler-than-expected inflation data. Chantico Global's Gina Sanchez and Pivotal Advisors' Tiffany McGhee explain the impact on the markets.

Your morning briefing, the business news you need in just 15 minutes. ]On today's podcast:(1) China moves to court private business as the central bank signals no big stimulus is coming. (2) Federal Reserve governor Christopher Waller calls for two more hikes, as James Bullard resigns. (3) Prime Minister Rishi Sunak signs off on public sector pay rises in a bid to end union walkouts. (4) Hollywood stars and writers both go on strike for the first time in six decades. See omnystudio.com/listener for privacy information.

Primer análisis con Marc Ribes, cofundador de Blackbird, en una sesión en la que los mercados siguen “alargando” el buen dato de IPC de junio de EEUU. Los buenos datos de inflación de junio han sido recibidos con optimismo por los operadores, que ahora no creen que la Reserva Federal suba tipos más allá de su próxima reunión del 27 de julio. “El mercado ya no ve que la Reserva Federal se vuelva más agresiva cuando la inflación se está desacelerando. Además, uno de los miembros de la Fed más agresivos, James Bullard, ha presentado su renuncia este jueves. Otra subida de 25 puntos básicos en la reunión de julio de la Fed tiene más del 90% de probabilidades. Pero las posibilidades de otra alza de tipos tras la de julio son cada vez menos evidentes, por lo que los mercados de renta variable están recogiendo la relajación de las expectativas de la Reserva Federal. Con todo, desde el banco central estadounidense siguen apostando por utilizar un tono “hawkish” y Christopher Waller, gobernador de la Fed, ha insistido en la necesidad de subir los tipos, al menos, dos veces este año. “Estamos ya cerca del objetivo de inflación del 2% marcado por la Fed”, apunta Marc Ribes. Ahora hay que estar pendientes de la temporada de resultados empresariales, en especial los del sector bancario para ver hasta qué punto les afectó la crisis de los bancos regionales americanos de hace unos meses y cómo les está ayudando el actual contexto de subidas de tipos de interés. Desde Blackbird son optimistas y creen que el Ibex 35 va a volver a liderar las bolsas europeas. Y en cuanto a la evolución de los datos macro, Marc Ribes, cofundador de Blackbird, asegura que estamos viendo cómo la economía está aguantando bastante bien

After reviewing the May 1-5 performances of stocks (2:38), fixed income (3:50), commodities (5:41) and the week's macro news, DoubleLine's Samuel Lau and Eric Dhall take a dive (13:51) into the May 3 meeting of the Federal Open Market Committee (FOMC), its policy decisions and guidance as well as Federal Reserve Chair Jerome Powell's news conference. Their Fed Day analysis includes some skepticism about Powell's stated reassurances on the health of the banking system but also some empathy for the economic conjuncture in which Powell finds himself as the Fed seeks to tame inflation. Looking ahead to the upcoming macro news releases for the market week starting May 8 (31:29), the cohosts single out the April consumer price index, Tuesday May 9; the producer price index, Thursday; the University of Michigan preliminary May consumer sentiment survey, Friday; and Fedspeak events featuring New York Fed President John Williams; Christopher Waller and Philip Jefferson, both members of the Fed's Board of Governors; and St. Louis Fed President James Bullard.

The Republican-led ESG backlash is set to hit President Biden's desk and his veto pen after the Senate voted to overturn a labor department rule that permits fiduciary retirement fund managers to consider ESG factors in their investment making. Former Deputy Treasury Secretary Sarah Bloom Raskin explains the fight's path forward. Plus, Fed governor Christopher Waller says the central bank may need to raise rates higher than the 5.1%-5.4% projected range if economic data stays hot. Infracap's Jay Hatfield explains the impact on markets. And, with the Dow on track to snap a four-week losing streak and the S&P a three-week downturn, where should you invest your money? Charles Schwab's Jeff Kleintop weighs in.

After reviewing a red week ended Feb. 24, 2023, for stocks (1:57), bonds (3:11) and commodities (4:39) and the week's macro news (7:04), Jeff Mayberry and Samuel Lau look under the hood (15:07) at “Super Core Inflation,” Fed Chair Jerome Powell's metric du jour for gauging consumer price inflation and presumably setting the federal funds interest rate. This metric tracks the subset consumer services prices remaining after stripping out housing. What's left represents only about a quarter of the headline Consumer Price Index. Sam Lau opines that amounts to “a pretty small chunk of the inflation basket to guide monetary policy.” Giving the Fed the benefit of the doubt, Jeff Mayberry notes the central bankers have developed narratives around disinflation in goods prices and an outlook for cooling housing costs, but they have no disinflation for services ex-housing. Then Jeff and Sam list the macro news due the week of Feb. 27-March 3 (28:25). These include durable goods and the S&P CoreLogic Case-Shiller house price indices (Monday), consumer confidence (Wednesday), a Neel Kashkari speech and ISM manufacturing (Wednesday), a Christopher Waller speech (Thursday) and ISM services (Friday).

Following a speech last week by FOMC member Christopher Waller, Andreas Steno Larsen presents what he calls the “Waller Rule,” which suggests that QT will either need to slow or pause if USD reserves become equal to 10-11% of U.S. GDP. He then breaks down why this potential scenario might be bad news for risk assets in the second half of 2023. Recorded on January 24, 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

El tipo de cambio abre en $805,50, bajo el cierre de ayer, con los mercados negativos. Esta mañana, Rusia anuncia que recortará sus envíos de combustible en 500.000 barriles diarios a partir de marzo como protesta al límite de precio establecido por EEUU y la UE a los combustibles rusos. Lo anterior, atenta contra las expectativas de una moderación de la inflación este año, con lo cual los futuros de Wall Street transan en terreno negativo y los rendimientos de los bonos operan al alza. Por otro lado, en Asia se publicó el dato de inflación de enero en China, el cual estuvo en línea con lo esperado por el mercado con un avance de +2,1% YoY, y reportes en Japón apuntan al académico Kazuzo Ueda, considerado más “hawkish”, como favorito para reemplazar a Harruhiko Kuroda en el Banco Central, impulsando al yen frente al dólar. Adicionalmente, el Reino Unido registra un crecimiento plano en su actividad económica el cuarto trimestre de 2022, evitando una recesión. En Latinoamérica, ayer Banxico subió la tasa de política monetaria 50 bps cuando el mercado esperaba 25 bps y el Banco Central en Perú sorprendió manteniendo la tasa en 7,75%. El día de hoy tenemos la publicación del índice de confianza del consumidor de la Universidad de Michigan (12:00 hrs) y posteriormente los inversionistas estarán atentos a comentarios de Christopher Waller, gobernador de la Fed, seguido por la conferencia de Isabel Schnabel, gobernadora del BCE a las 14:30 hrs.

George Selgin is a senior fellow and director emeritus of the Center for Monetary and Financial Alternatives at the Cato Institute. George is also a frequent guest on Macro Musings and he rejoins the podcast to talk about some recent developments in the monetary and fiscal policy space. Specifically, David and George discuss new narratives around shadow banking and the financial crisis, the fiscal cost of large central bank balance sheets, the return of secular stagnation, and a lot more.   Transcript for the episode can be found here.   George's Twitter: @GeorgeSelgin George's Cato profile   David's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Click here for the latest Macro Musings episodes sent straight to your inbox! Check out our new Macro Musings merch here!   Related Links:   *A Monetary Policy Primer: Parts 1-12* by George Selgin   *Why Shadow Banking Didn't Cause the Financial Crisis* by Norbert Michel   *The Federal Reserve's Balance Sheet: Costs to Taxpayers of Quantitative Easing* by Andy Levin and Bill Nelson   *The Monetary Executive* by Christina Parajon Skinner   *Secular Stagnation is Not Over* by Olivier Blanchard   *The Hard Road to a Soft Landing: Evidence from a (Modestly) Nonlinear Structural Model* by Randal Verbrugge and Saeed Zaman   *Brazil and Argentina to Start Preparations for a Common Currency* by Michael Stott and Lucinda Elliott   *Floor Systems for Implementing Monetary Policy: Some Unpleasant Fiscal Arithmetic* by Aleksander Berentsen, Christopher Waller, and Alessandro Marchesiani   *Fallen Heroes: Central Banks Face Credibility Crisis as Losses Pile Up* by Johanna Treeck   *SNB Will Shrink Balance Sheet After Record Loss, Citigroup Says* by Bastian Benrath   *George Selgin on False Dawn: The New Deal and the Promise of Recovery* by Macro Musings

UK Chancellor Jeremy Hunt is set to present his autumn budget in the House of Commons later today. Bank of England governor Andrew Bailey says that recent political and financial turmoil has battered the country's reputation. U.S. markets are in the red following a Christmas warning note from retail giant Target. Federal Reserve governor Christopher Waller indicates that pace of rate hikes may be close to slowing. Tuesday's fatal explosion in eastern Poland has been judged not to have been part of a deliberate attack by Russia. However, European Parliament President Roberta Metsola tells CNBC that pressure on Moscow must be maintained. Singaporean investment titan Temasek writes down its $300m stake in FTX. It says it misplaced trust in CEO Sam Bankman-Fried. Short-seller Carson Block tells this channel that the crypto sector has lost its way.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

El tipo de cambio abre en $917, sobre el cierre de ayer, con los mercados y monedas emergentes transando a la baja. Ayer se publicaron las ventas de retail en EEUU, las cuales estuvieron por sobre las expectativas de mercado (ex auto +1.3% MoM vs +0.5%e) y posterior a esto, el gobernador de la Fed, Christopher Waller, comentó que él favorece un alza no de 25 si no que de 50 bps en la próxima reunión.

Federal Reserve governor Christopher Waller says he supports a three quarter percentage point interest rate hike...but would be open to a bigger increase; the Fed's inspector general says financial trades by Chair Jerome Powell and a former Fed vice chair did not violate any laws or ethics rules. Learn more about your ad choices. Visit podcastchoices.com/adchoices

JPMorgan sees Q1 profits slump by 42 per cent. The bank's CEO Jamie Dimon explains that inflation and the war in Ukraine are “powerful forces that threaten the economy” and that could potentially cause recession. The S&P 500 and the Nasdaq snap three-day losing streaks as producers prices soar at their fastest rate on record. Federal Reserve governor Christopher Waller says the central bank must continue to work to bring inflation down. Ukraine is to receive up to $800m of heavy military aid from the U.S as the conflict intensifies in the east of the country. In energy news, crude prices are down after initially surging during yesterday's session on fears over supply chain disruption and Russian oil.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tuesday March 29, 2022 - We have touted the Blockchain and Cryptocurrency as the future in this space for some time. The promise of Blockchain as to tool to cut out the middleman, reduce transactions costs, provide transparency - and privacy. Well, not everyone is on the Blockchain bandwagon. Recently, a member of the Federal Reserve Board of Governors, Christopher Waller, said blockchain technology is “totally overrated,” Speaking about cryptocurrency he said “My view is these things are just electronic gold. They're forms of storage carrying wealth across time. Look at art, look at baseball cards. Look at all of this stuff that's intrinsically useless that people pay a lot of money and hold on to because they think they can sell it later and get their money back.” The United States Government want to move towards a Central Bank Digital Currency (CBDC), a digital token without using Blockchain, Attorney Steven A. Leahy reviews the other side of the Blockchain debate. --- Send in a voice message: https://anchor.fm/steven-leahy1/message

S&P Futures had been trading lower all morning, but have recently turned positive trading indicating a higher opening today. The U.S agrees to a distribution deal with the E.U. for natural gas. Oil futures are lower by more than 2% and the Fed continues to suggest that they will be able to hike interest rates without causing a recession. Data for Friday includes the University of Michigan's gauge of consumer sentiment for March and pending home sales for February, both due at 10 a.m. Also, investors will hear from New York Fed President John Williams, San Francisco Fed President Mary Daly, Richmond Fed President Tom Barkin and Fed Gov. Christopher Waller.

L'inflation élevée qui a marqué le paysage économique mondial en 2021 n'est pas aussi provisoire qu'on le pensait. Elle va se prolonger en 2022. Ce phénomène est un casse-tête pour les banques centrales qui devront maitriser cette hausse des prix, sans casser la reprise économique.  Après une année 2020 marquée par un arrêt de l'économie mondiale en raison du Covid-19, la forte reprise économique surtout dans les pays développés a fait exploser la demande que ce soit pour les biens de consommation ou les biens intermédiaires. En face, l'offre a eu du mal à suivre. Cette situation a provoqué des pénuries de matières premières et par conséquence une forte hausse du cours de ces dernières, notamment ceux des hydrocarbures. Le secteur de l'électronique connait lui aussi des pénuries, notamment de semi-conducteurs, pénalisant fortement par exemple la production automobile. Les goulots d'étranglements dans de nombreux ports du monde et l'explosion des prix du transport maritimes sont d'autres facteurs qui ont contribué à l'inflation qui n'épargne presque aucune région du monde.  ► À lire aussi : 2021: année de crises majeures et Pénuries: comment réparer les chaînes d'approvisionnement? Pour maitriser cette hausse des prix, les banques centrales disposent d'un outil : les taux directeurs. En relevant leurs taux d'intérêt à court terme, les banques centrales ralentissent l'accès au crédit, ce qui réduit la masse monétaire en circulation. Plusieurs banques de pays émergents ont déjà relevé leurs taux. C'est le cas au Mexique, au Brésil, en Russie mais également en Angleterre ou encore en Norvège. Aux États-Unis, où l'inflation est au plus haut depuis 40 ans, la Réserve fédérale américaine (FED) envisage trois hausses de taux en 2022. Il s'agit pour l'instant de prévisions, en revanche la FED est plus décidée dans sa politique de réduction d'achats d'actifs qu'elle veut ramener à zéro en mars 2022.  Autre stratégie, la Banque centrale européenne (BCE) a elle choisi de ne pas relever les taux l'an prochain. Pour les dirigeants de la BCE, la propagation d'Omicron génère de l'incertitude ce qui veut dire que l'activité dans la zone euro pourrait en souffrir. La Banque centrale européenne craint en effet qu'un resserrement de sa politique monétaire ne freine la reprise économique post-Covid. D'autant que l'augmentation des taux pourrait avoir un impact sur certains États européens très endettés qui se financent à des coûts très bas.  ► À lire aussi : Les banques centrales en ordre de marche pour lutter contre l'inflation Les banques centrales des pays riches savent que des hausses des taux rapides et trop fortes peuvent être inefficaces et ralentir une croissance encore fragile.  C'est pour cette raison que la FED, la plus puissante banque centrale du monde, n'a fait que des annonces pour l'année prochaine. Elle se laisse le temps de voir si l'inflation s'enracine et si le nouveau variant du Covid-19 pèsera sur l'activité économique avant de passer à l'action. Christopher Waller, un des membres du conseil des gouverneurs de la FED l'a dit ouvertement en affirmant que le moment approprié pour une première hausse dépendra de l'évolution de l'activité économique. Il est donc difficile de savoir ce que vont faire les banques centrales en 2022, d'autant que la situation sanitaire reste très fragile. 

The majority of the world's central banks are exploring digital currency. Most proposals for a central bank digital currency could function like US dollars. It could be widely accepted, an alternative to cash in an increasingly cashless society. In the US, a digital currency could give access to the financial system to the unbanked and may increase the efficiency of financial transactions. Should the Fed launch a digital currency? Federal Reserve Governor Christopher J. Waller will give a speech on this issue, followed by a conversation with AEI's Michael R. Strain. Watch the full event https://www.aei.org/events/should-the-fed-launch-a-digital-currency-a-speech-by-federal-reserve-governor-christopher-waller/ (here).

Today's blockchain and cryptocurrency news Brought to you by ungrocery.com Bitcoin is up 1% at $41,041 Ethereum is up 1% at $2,787 and Binance Coin is up .5% at $335 Alchemy pay up 165% ICP up 18% Ravencoin up 16% Messari closes a $21M series-A. Federal Reserve governor Christopher Waller expresses doubt about the benefits of a CBDC. Nascar partners with the team behind Zed Run. Binance to discontinue Hong Kong derivatives trading and move to proactive compliance.

Tipo de cambio abre en $777,0, levemente bajo el cierre de ayer para transar posteriormente al alza. El dólar a nivel global se aprecia y la tasa del tesoro a 10 años sube luego de publicarse que en julio se crearon más empleos que lo esperado en EEUU, en su mejor registro en casi un año, aumentando las expectativas que la Fed se acerca al comienzo del retiro de estímulos. Esta semana, el gobernador de la Fed, Christopher Waller, dijo que una reducción en las compras de bonos podría ser anunciada en Septiembre, pero que dependía de las próximas dos cifras de empleo. En este contexto, las bolsas globales operan mayormente al alza. En el ámbito local, el IPC de julio aumentó +0,8%, sobre las proyecciones de +0,4%, acumulando un alza de +4,8% en el año.

Standard Chartered announces it will be resuming its interim dividend and buy back $250m of shares after H1 profits soared by 60 per cent. French lender Société Générale reports €1.4bn net income for the second quarter. Delta variant spikes in the U.S. weigh on markets Stateside. We hear from the Fed's Christopher Waller who says the economy is ready for tapering. And in China, online gaming stocks fall after state media attacks the industry as ‘spiritual opium'. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Here's what is happening in the markets today, Friday, May 14th.The major indices seem to turn around.All three major averages snapped three-day losing streaks by closing solidly in the green on Thursday, and this morning the futures are pointing to a higher open as well.But it still looks pretty bad for the week.Let's take a look at the indices.On Wednesday, the CPI report showed that inflation in the year to April hit a 13-year high. It climbed at its fastest pace since 2008. But on Thursday, new Fed board member Christopher Waller also helped calm inflation jitters by saying the central bank would need several more months of data before assessing economic progress.This morning, the retail sales report for April will be released. The big news: Masks off! The CDC issued a new guidance yesterday:CDC Director Rochelle Walensky said :"Anyone who is fully vaccinated can participate in indoor or outdoor activities, large or small, without wearing a mask or physical distancing. If you are fully vaccinated, you can start doing the things that you had stopped doing because of the pandemic.”Airlines are up: AAL, UAL, DAL.Ulta Beauty (ULTA) is up.Mask makers. Allied Healthcare Products (AHPI) and Alpha Pro Tech (APT) closed the session down nearly 11% and 6%,The CDC's guidelines are recommendations and don't have the force of law. Decisions on when and where masks must be worn rest with states, local governments and businesses, which can decide whether to maintain or relax their existing mask mandates.President Biden said: “After a year of hard work and so much sacrifice, the rule is very simple: Get vaccinated, or wear a mask until you do,” Earnings:Disney's (DIS) reported earnings. However, investors weren't as impressed this past quarter as Disney+ signed up another 9M users, taking its total number to 103.6M paid subs vs. expectations of 109M. Average monthly revenue per subscriber also fell 29% to $3.99 and DIS shares were down 4.2% in extended trading.DoorDash (DASH) The delivery company's stock was down 47% from its peak, but it popped more than 7% after hours following a strong earnings report yesterday. Revenue jumped 219% annually last quarter.No credit score needed Wells Fargo (WFC), JPMorgan Chase (JPM), and U.S. Bancorp (USB) are among a group of banks that will start providing customer account information as part of a government-supported initiative to give more people access to credit cards. The idea is to use alternative data, such as bank account information, to determine credit risk for those people who don't have a traditional credit score. The pilot program is expected to start later this year and about 10 banks have agreed to exchange data. Fair Isaac (FICO), the creator of FICO credit scores is trading unchanged.Colonial Pipeline paid $5M ransom to DarkSide hackers amid fuel crunch.Commodity prices are sliding: Corn, Soybean and Lumber are all trading lower!Dogecoin is up another 25%. Elon Musk had tweeted that Tesla (TSLA) might be accepting dogecoin payments. This wraps up today's stock market news.If you enjoyed the "Stock Market Today" video, make sure to subscribe to this channel. And for more stock market news,  visit https://rockwelltrading.com.#todaysstockmarket #stockmarkettoday #stockmarket

Here's what is happening in the markets today, Thursday, May 13th.Inflation concerns: the major indices haven't found a direction yet after yesterday's slide. Yesterday, the CPI report showed that inflation in the year to April hit a 13-year high. It climbed at its fastest pace since 2008. The Consumer Price Index came in at 4.2% vs. expectations of 3.6%, which is already ahead of the Fed's 2% target. Yes, we know that this is due to shortages caused by COVID, but there are concerns over how long it will take for prices to settle down. The only CPI reading that matters is the next one. Future readings will better help policymakers understand whether inflation is less “transitory” than it appears to be. The Dow had its worst day since January, while the S&P 500 and Nasdaq fell over 2%.What does the Fed say? Investors today will be looking for further comments on the inflation situation as the Fed's Thomas Barkin, Christopher Waller and James Bullard speak at several events. Should the price pressures run too hot for a sustained period of time, the Fed may be forced to taper or even bring some rate hikes forward. The sentiment saw U.S. stock index futures flash red again overnight.More data is also ahead, with producer prices for April and weekly jobless claims.The Colonial Pipeline, the largest gasoline pipeline in the U.S., reopened late on Wednesday after a ransomware attack caused it to close five days ago. Colonial doesn't plan to make a payment to the hackers (Dark Side), according to the Washington Post.  Yesterday, the criminal gang posted the names of another three new targets on the dark web that have been cyberattacked. While the companies have not publicly confirmed the breaches, one is said to be based in Illinois, one in the U.K. and the other in Brazil.Bitcoin (BTC-USD) is falling after Tesla's (TSLA) CEO Elon Musk is ditching Bitcoin. He said he would suspend vehicle purchases using Bitcoin. "We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel," he wrote in a tweet. "Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at a great cost to the environment." Isn't it odd that Musk, who runs an electric vehicle company with the mission of reducing fossil fuel emissions, wasn't aware of the vast amounts of energy used to mine bitcoin? Facebook (FB) is making another effort at cryptocurrencies. Their crypto called Diem (formerly known as Libra), is relocating its main operations from Switzerland to the U.S. as it scales back its global ambitions. "It's a realization that the effort will require a presence that is acceptable to U.S. regulators,". Facebook first unveiled Libra in June 2019 as part of an effort to expand beyond social networking and "empower the billions of people" that don't have bank accounts. Founding members are including PayPal (PYPL), eBay (EBAY), Stripe (STRIP), Visa (V) and Mastercard (MA).CDC recommends Pfizer (PFE) vaccine for 12- to 15-year-olds.Earnings: Jack In The Box (JACK) stock fell 5% after the burger chain predicted higher cost pressures, seeing commodity cost inflation of about 3% and labor cost inflation of 5% to 6%.Gov. Mike DeWine of Ohio said the state would give five people $1 million each for getting vaccinated.This wraps up today's stock market news.If you enjoyed the "Stock Market Today" video, make sure to subscribe to this channel. And for more stock market news,  visit https://rockwelltrading.com.#todaysstockmarket #stockmarkettoday #stockmarket

Monday 19th April 2021 There’s still plenty of positive sentiment around as the US, UK and Europe continue to vaccinate at pace. Europe has picked up pace and now jabbed 20 percent of its adult population. The Fed’s Christopher Waller said the economy is “set to rip”, with 6.5 percent growth this year. Yet, despite all the positive news, we have been seeing a decline in bond yields. In today’s Morning Call NAB’s Rodrigo Catril suggests it might be because concerns over inflation have been overdone and the market is coming round to the message that the Fed is trying to deliver that any rises will be transitory. Bitcoin dropped 15 percent in value on Friday, with unsubstantiated reports that the US might be clamping down on money laundering. Today is fairly quiet for data releases, with US earnings reports the only numbers of any consequence.

一週財經聚焦 一、3月31日，拜登在匹茲堡的一場演講上宣佈將推出一項總額達2.2兆美元的基礎設施建設一籃子計劃。 這對美國的經濟發展有用嗎？拜登心裡想的是什麼？我們又該怎麼從金融市場的角度看這個事情呢？ 國際媒體相關報導 ●CNBC：「A closer look at Biden's infrastructure and tax proposals」(近距離看清楚拜登的基礎建設計劃和加稅) ●倫敦金融時報FT：「Biden unveils $2tn infrastructure plan and big corporate tax rise」(拜登宣佈了兩兆美元的基礎建設計劃)；小標：「President announces first stage of sweeping effort to reshape pandemic-hit US economy」(他宣佈了第一階段，目標就是為了重塑美國的疫後經濟) ●華爾街日報WSJ：「Memo to Biden: Stimulus Is Easy. Investment Is Hard.」(刺激很容易，投資很難)；小標：「The president's infrastructure plan could boost long-term growth—if targeted effectively」(如果有效率的執行，這個計劃可以推動長期增長) 分析解讀 美國賓州匹茲堡市曾以鋼鐵廠聞名世界，為美國工業的崛起提供了動力。伴隨著美國經濟的產業升級，匹茲堡也逐步轉型成為以科技、醫療保健、金融為主的都市。 做為美國經濟發展的見證者，匹茲堡備受美國總統拜登的偏愛。3月31日，在匹茲堡的一場演講上，拜登宣佈將推出一項總額高達2.2兆美元的基礎設施建設一籃子計劃。分析認為，拜登選擇匹茲堡公佈這項計劃，在經濟和政治上引起了重要的共鳴。 多位經濟學家認為，拜登的基礎設施建設計劃，將幫助美國經濟盡快從新冠疫情之中復甦。自拜登上台以來，其提出的財政計劃便帶有民主黨「寬財政」的特徵。如果該計劃最終能推出，將對美國經濟產生拉動效應。不過，這份「天價」的投資將增加美國政府的債務。對此，拜登承諾美國長期經濟計劃，不會進一步增加政府債務。 此外，為了支付該計劃的費用，拜登提出了《美國製造稅收計劃》。但是經濟學家們認為，他提出的增稅計劃無法彌補同期支出，而且面臨著共和黨和商界團體的反對。 拜登的基礎設施建設一籃子計劃為期8年，是拜登「Build Back Better」計劃的一部分，目的是重建美國老化的基礎設施、推動電動汽車和清潔能源，及創造就業機會。據拜登介紹，這一計劃由兩部分組成，分別是：美國就業計劃和美國家庭計劃。美國家庭計劃將於幾周之後公佈。具體來看，根據拜登的計劃： 美國未來8年將投資6210億美元用於改善交通基礎設施，修復和更新高速公路、橋梁、港口、機場、軌道等公共交通基礎設施。 其中1740億美元將專門用於發展電動汽車市場，在全國建立50萬個電動汽車充電樁。 5800億美元用於振興製造業、研發創新與勞動技能培訓。 4000億美元用於改善老弱病殘者護理服務。 1000億美元用於數位基礎設施建設。 3000多億美元投入住房改善、學校設施更新、電網基礎設施改造、清潔飲用水和廢水處理設施改善等領域。 在2月推出1.9兆美元的新冠病毒刺激計劃之後，拜登在短期內再度推出基礎設施計劃，原因主要有兩個： 首先，美國正飽受老舊基礎設施之苦，而且伴隨著全球經濟的復甦，美國政府需要對新技術進行投資。 其次，對於總統來說，在選舉結束不久後推出大型支出計劃，國會通過的可能性較高。標普美國首席經濟學家Beth Ann Bovino預計，2.2兆美元的基礎設施計劃，在10年內可能為整個美國經濟增加多達5.7兆美元的收入。 但為了支付該計劃的費用，拜登提出《美國製造稅收計劃》。他提議將企業稅稅率從21%提高到28%，並把對跨國公司徵稅的最低稅率提高到21%。據報導，美國稅法也將更新，使公司不能與外國企業合併，或將總部轉移到避稅天堂來避稅。 除此之外，拜登還將增加美國國稅局的執法力度。拜登表示，他提出的稅收改革能在15年內籌集1兆美元。他同時強調，年收入低於40萬美元的人不會被加稅。 儘管拜登的計劃雄心勃勃，但是這一籃子計劃接下來能否獲得國會通過，仍是一個問號。美國國會正準備就拜登的基礎設施投資計劃展開一場持久戰，民主黨、共和黨以及國會內部，都在就2.2兆美元的投資成本，以及未來幾年如何分配這筆資金展開爭論。眾議院院長佩洛西表示，她希望最早在7月4日通過拜登的大型基礎設施計劃，儘管共和黨人目前幾乎一致反對該計劃，尤其加稅這部分。 華爾街一直對可能的增稅持謹慎態度，並希望華盛頓的僵局能緩和拜登的計劃。JP Morgan發言人於3月31日表示，該行首席執行官Jamie Dimon認為，美國公司的企業稅率必須在全球範圍內具有競爭力，而現在正是如此。 一旦稅收計劃未被國會通過，那麼聯準會是否會成為買單的人？對此，聯準會理事會成員Christopher Waller表示，聯準會不會調整利率或債券購買政策，為聯邦政府不斷上升的赤字而融資。 如果拜登的整套計劃成為法律，它們將標誌著未來將用一個雄心勃勃的聯邦支出，來解決長期存在的社會和經濟問題。 認真來說，這個計畫還是有兩個它不得不投資的方向。 第一，疫情退潮後美國經濟將更強、更公平； 第二，對企業股東顯然不是好消息，因為企業將更難用現金提高股利及買回庫藏股。不過這對於美國社會長期認為資本主義的不公平，還是有好處的。 拜登的作法雖可能被市場人士嗆聲，但卻包含了三項長期性經濟政策轉型的要件，尤其是有利於緩和各界對通膨升高的憂慮。這三個要件包括： 第一，基礎建設計畫對生產力與經濟成長更有利； 第二，降低經濟對寬鬆貨幣政策的過度依賴，以緩和金融市場風險以及資源錯置的流弊； 第三，這些措施確實能夠從總體與個體層面，降低金融動盪的威脅。 儘管拜登的計劃絕對有利於美國經濟，但也可能會令美股和美債承受壓力，如果共和黨打死不讓，美國政府可能會讓債券市場來填補財政缺口，比如將基準收益率由2%提高至3%。那10年期美國國債觸及2%或更高的影響，將對股市產生負面影響。更高的債券收益率，加上投資級公司債券的額外息差，對股票一旦構成競爭壓力，最可能的結果，就是出現一次股票市場的大回調。 而且這種打嗎啡式的快速反彈並非沒有風險。儘管拜登的最新計劃很可能提高生產率，但這種迅猛的擴張，有可能會加劇通貨膨脹，導致過高的槓桿，從而為這種上漲的終止埋下隱憂。 二、3月30日晚間，在小米為期兩天的新品發佈會上，雷軍激動的宣佈要進軍電動車產業。他說，這是他人生當最後一次創業項目。 一時之間，「跨界造車」幾乎成了世界上所有科技產業轉型的必修課。電動車產業真的這麼迷人？裡面又有多少的坑應該避免？投資市場又為什麼這麼著迷呢？ 國際媒體相關報導 ●彭博商業週刊Bloomberg：「Phonemaker Xiaomi Plans to Plow $10 Billion into Electric Cars」(小米準備投資100億美元進入電動車) ●華爾街日報WSJ：「Will Xiaomi Be the Apple of Electric Vehicles?」(小米能夠成為另一個蘋果電動車嗎？) ●倫敦金融時報FT：「This is the electric vehicle bubble. And this is the crash. Don't say we didn't warn you.」(這是一個電動車泡沫，而且即將崩裂。別說我沒有警告你。) 分析解讀 雖然因為疫情肆虐，各地車展如東京車展、科隆車展，甚至米蘭車展全部停擺，但汽車產業卻是片刻不停歇，電動車帶來的跨界造車熱欲罷不能。 先看中國，3月30日，雷軍宣佈小米要造車，小米股價立刻飈升了12%；日前百度董事長李彥宏也披露了百度與吉利汽車的合作進展；另外，美國蘋果公司已經與現代、日產等車企討論合作生產電動汽車；更不要說我們台灣的鴻海MIH了。 這不禁令人想起本世紀初，中國加入WTO之後，各地一度興起的「造車熱」。當時業內流傳過的一句調侃：「幹不了別的就去造汽車」。 不過，與當年汽車市場銷量連年增長的背景不同，如今全球汽車市場和經濟，正一起進入了新一輪電動車轉型升級的爬坡期。隨著電動化、智慧化科技變革為汽車產業帶來新機遇，連一些科技企業都試圖以自己引以為傲的「互聯網基因」，進入，或者準備進入電動車製造業。那麼，電動車的市場空間真的這麼迷人？這些跨界造車的新玩家要怎麼後發制人？它們應該怎麼避免誤入歧途？ 製造汽車不是一件簡單的工程。汽車產業一向被視為資金密集、技術密集的行業，現在由於電動化、智慧化科技革命的興起，其技術含量和資金密集有增無減。曾有人比較說，花幾十億元資金搞家電、做IT，也許還算得上是個「大手筆」，但要說造車就顯得有些「小兒科」了。 汽車作為大宗商品，佔家庭支出的份額較大，消費者往往更依賴品牌效應。因此從這個角度看，跨界造車的新玩家們如果想從傳統車企手中搶得客戶，首先得下功夫吸引消費者，並建立品牌信任。 除了正在積極轉型的傳統車企，特斯拉、蔚來等造車新勢力已佔據了一定的市場地位，而此時包括蘋果在內的互聯網科技公司又加入戰局，市場空間肯定越來越小。這些跨界造車的科技公司能否贏得客戶信賴，存活下來，還是未知數，不過烏鴉已經出現。 大陸的新華社28日已經刊登了一篇題為「這些毛病，得治！——聚焦新能源汽車行業發展隱憂」的評論，指出特斯拉（Tesla）對車輛無故加速，和理想ONE對安全氣囊未彈出等事件，敷衍卸責。日本豐田（Toyota）董事長豐田章男也表示：「電動車是炒作出來的熱潮，效果被過度誇大，甚至會拖垮整個產業。」 然而，一個不容忽視的事實是，無論是蘋果、小米等科技公司，還是傳統車企，幾乎只要發布與跨界造車相關的消息，都能引發資本市場的熱捧。如今電動車已經是資本市場的風口，企業一旦曝光電動車計劃，就會帶來股價上揚。我們公司投資部門最近買了一本上市公司四季報，發現一半以上的台灣上市公司都說要轉型做電動車。 確實，電動車領域意味著人工智慧、5G等新興科技的想像空間，不過，會不會太多人都想進入這個市場？ 美國研究機構CB Insights與Dow Jones Market Data資料顯示，2020年市場投資電動車企業的金額，已經高達了280億美元以上。儘管華爾街已挹注數百億美元扶植電動車與其相關企業，但想實現電動車轉型目標，恐怕仍需更多資金。 在電動車龍頭Tesla崛起帶動下，全球汽車業朝著電動車發展已成既定事實。但未來是否能成功，目前還沒有人知道。 越來越多國家在未來10年或20年將淘汰內燃機汽車，令車商體會到發展電動車的迫切性。根據瑞銀集團（UBS）預估，全球車商來自於電動車的營收將大幅成長，從目前的1,820億美元升至2030年的1.16兆美元。相較之下，這些車商來自內燃機汽車的營收則將減少，從1.77兆美元降至1.07兆美元，至於他們在軟體的營收將成長至近2兆美元。預估20 年後電動車產值，將是智慧手機產值的 2.3 倍，電動車銷量在 2035 到 2040 年間有機會超越燃油車。 而多國政府推動環保政策，因此帶動電動車日益普及，也讓市場興起投資電動車與其相關企業的風潮。難怪過去投資熱潮主要集中於特斯拉與少數幾家電池公司，但現在只要是電動車相關企業就會受到投資人的青睞。近日電動車企業甚至紛紛透過特殊目的併購公司（SPAC，或稱空白支票公司）上市，這些募資的熱潮僅是開端而已，未來勢必出現更多的案例。 不能否認，特斯拉的出現延展了人們對於汽車的想像，突破既有的造車框架和思維，讓許多科技迷認為，特斯拉就是一台「裝了輪子的iPhone」。結合電動車和自動駕駛技術，特斯拉不但開起來更安全省力，車上軟體還能遠端不定期更新，車子買愈久，性能反而愈來愈好。 汽車生產的方式，也將因為電動車的興起，出現了轉變，不再只由一家企業包辦所有工作，跨企業合作將成為趨勢。傳統車廠轉型往往需要耗費大量資源、金錢與時間，為了加快電動車的研發速度，車廠將從過去的單打獨鬥，變成互相結盟。這對汽車產業來說，是個需要面對的挑戰。 除此之外，任何企業想要把握汽車產業這「百年一遇」的轉型商機，思維上必須從生產製造端轉向消費者端。台灣如果只做電動車的硬體，最後還是會變成代工廠，必須朝車用軟體開發走，產業才能往上提升。NVIDIA執行長黃仁勳表示，人們買電動車，主要動機除了環保，更看重的是電動車帶來的體驗。這是汽車產業一開始最容易忽略的關鍵。 對於台灣來說，我還是覺得台灣有機會，我也看見一些機構建議了台灣往四個方向發展： 第一，協助非傳統車廠「打群架」開發車款； 第二，有機會供給全球車廠系統及關鍵零組件。由於台灣廠商具備供應車用高功率模組實力，包括晶片、模組、功率轉換控制器等層級，都已經在累積技術與佈局； 第三，軟硬整合衍生的人機介面商機，面板廠商有機會受益； 第四，發展新型態應用服務系統。 但臺灣也缺乏如同特斯拉、福特汽車（Ford Motor Company）等大型車廠，沒有穩定的造車廠牌搶攻國際市場。另外，臺灣也缺乏鋰電池、自駕技術。我更相信Mind- set才是關鍵，也就是我一直說的MaaS 3.0。 所謂人生有夢最美，看來電動車就是現在這個世界很多人最大的夢，可是築夢仍須踏實，睜大眼睛，尋找、把握每個機會，仍然是最重要的功課。 《經濟學人》總評 封面故事 這期經濟學人的封面設計淺顯易懂，在湛藍的汪洋大海上，我們看見一個漂流其上的瓶子，瓶中置放的，正是曾經在蘇伊士運河上造成堵塞的長賜號。下面兩排白色字體，大字寫的是「Message in a bottleneck」(大堵塞蘊含的信息)；小字則是「Don't give up on globalisation」(不要對全球化絕望。 這期的主題，經濟學人著眼於對全球化的挑戰與質疑。過去一周的大部分時間裡，蘇伊士運河都被一艘重達20萬噸的巨型障礙物所阻塞。長賜號Ever Given不僅是這個世界上最大的集裝箱船之一，它還是對那些強烈譴責全球化錯置這的一個打臉象徵。 隨著不斷加劇的地緣政治緊張，各地政府紛紛從一心一意追求效率，轉變成為更重視疫情復甦和自我建設的新方向。Joe Biden下令要對美國的供應鏈進行100天的安全審查。由於新疆維吾爾族的人權問題爭論越吵越兇，中國發起了對H＆M的數位抵制，歐盟和印度甚至限制了疫苗的出口。 這是貿易一個危險時刻，正如全球化當初催生開放一樣，保護主義和政府補貼，正從一個國家蔓延到另一個國家。全球化是歷經幾十年來工作才累積形成的，千萬不要讓它擱淺。這是本期經濟學人對世人的呼籲。 Powered by Firstory Hosting