Podcasts about financial markets

The IMF slams the UK's government's budget plans cuts and say they will serve to impact the BoE's rate hikes. The central bank's Huw Pill says a strong monetary response will be needed to tackle soaring inflation. The S&P 500 sinks further into bear market territory. Asia equities fall to their lowest ever level in two and a half years. Stateside, Minneapolis Fed Chair Neel Kashkari says the central bank will continue to hike rates appropriately. St Louis Fed Chairman James Bullard is adamant that recession remains a risk but Ark Invest's Cathie Wood believes deflation is around the corner in the next six months. European authorities launch probes into 3 gas leaks coming from the Nord Stream 1 and 2 pipelines in the Baltic Sea. Poland's Prime Minister Mateusz Morawiecki and Denmark's Mette Frederiksen believe sabotage cannot be ruled out. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US futures are indicating a lower open. European equity markets have opened lower, following lower Asian trade. The bearish narrative has continued to strengthen in the wake of latest US market performance. Headlines have included the S&P 500 touching the lowest level since 30-Nov, ending the bear-market rally, the unrelenting global rate hike cycle led by the Fed remaining the core driver, and concerns about UK fiscal policy heightening on negative implications from plans for unfunded tax cuts Companies mentioned: Apple

The Fed's efforts are futile since we're already in the early stages of a global crisis, asserts Bert Dohmen, founder and president of Dohmen Capital Research. He tells our Daniela Cambone that the ongoing Russia-Ukraine war marks the first of what will be many conflicts moving forward as the global financial markets remain in disarray. "We have to get ready for the worst, we can't change what's happening, but we can protect ourselves," Dohmen says. He concludes by touting natural gas stocks as a sector to explore for lucrative gains amid today's rampant inflation because," it's designed to go up in times of crisis."

We are live at Threadneedle Street as sterling claws back some of yesterday's record losses versus the dollar. The BoE and the Treasury have moved to calm jittery investors amid a brutal gilt sell-off. In the U.S., the Dow enters bear market territory while the S&P 500 posts its lowest close this year. Chatham House senior advisor Jim O'Neill says that assets are following messaging from the Fed. The World Bank slashes its China growth forecast, saying that it will lag behind regional peers for the first time in more than 30 years. Industrial profits continue to be impacted by Covid restrictions. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US futures are indicating a higher open as of 5AM ET. European equity markets are firmer. Trading in Asia was mixed. Some choppy action in equity markets, with attention on fluctuations on bond and FX markets. Companies mentioned: Biffa, TSMC

US futures are indicating flat to slightly lower as of 5AM ET. European equity markets are mixed early in their session. Asian markets under pressure overnight with multiple markets sharply lower. FX markets highly volatile Monday. The Sterling fell to a record low against the dollar amid heightened concerns after the UK finance minister indicated more tax cuts could come on top of those announced in Friday's budget.

We are live in Rome where the centre-right coalition have won a clear majority with 43 per cent of the vote. Fratelli d'Italia leader Giorgia Meloni is now set to be Italy's next prime minister. The opposition Democratic Party has conceded defeat with the fractured centre-left bloc struggling in the polls. In forex news, sterling falls to its lowest level against the dollar since 1971 as investors fear Chancellor Kwasi Kwarteng's tax cuts cluster will increase the UK's debt burden. The Dow has hit its lowest point this year as the global sell-off continues.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Guest:  Dr Goolam Ballim | Chief Economist  at Standard Bank See omnystudio.com/listener for privacy information.

AP correspondent Norman Halll reports: Financial Markets

This past week was momentous, as Central Banks continued to lift rates in an attempt to crush inflation. A half dozen central banks, including in the United States, Britain, Sweden, Switzerland and Norway, delivered rate hikes this week to fight inflation, but it was the Fed’s signal that it expects high U.S. rates to last … Continue reading "Bears Are Showing Their Teeth: Be Clear, Markets Have Further To Fall! [Podcast]"

Wall Street is in the red for a third consecutive day while European equities hit an 18-month low amid a slew of central bank tightening measures. Italy's political parties hold their last rallies ahead of Sunday's snap election. Brothers of Italy leader Giorgia Meloni says her party is ready to govern. The BoE is split with the UK government with one voting member questioning policy in tackling inflation. Chancellor Kwasi Kwarteng is set to slash taxes in his mini-budget. And at the UN, Russian foreign minister Sergei Lavrov walks out of the Security Council over alleged war crimes committed in Ukraine by Russia forces. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US futures are indicating a lower open. European equity markets have opened weaker, following broad weakness in Asia. Markets continue to digest the recent central bank updates. After Fed's hawkish rate hike, the BoE followed up with a 50-bps rate hike. South Africa, Indonesia, Taiwan, Vietnam and the Philippines were among the other central banks raising rates, bringing this week's total to more than 600 basis points. Companies mentioned: Boeing

To Shop the Enhancing Your Collection Items: EYCC Store If you wish to support the show and PFC Irvine's Journey you can find his Ebay store here----> PFC NETWORK  Like our Facebook Page: Learning To Deal Podcast Join the FB Group Students of the Learning to Deal Podcast PFC Network Facebook Page: PFC Network Business page with special sales   Next Coin shows PFC Irvine will be at searching for the #EYCC   Roseville, MN Coin Show Oct 1 2022 9 AM to 4 PM Roseville skating center  2661 Civic Center Drive Roseville, MN 55113 NWCC Fall Money Show Oct 7th 12pm-6pm Oct 8th 10am-6pm Oct 9th 10am-3pm EARLE BROWN HERITAGE CENTER 6155 Earle Brown Dr. Brooklyn Center, MN 55430 South St Paul Coin Show  Oct 23 2022 9 AM to 4 PM 266 Hardman Ave South St Paul, MN 55075

AP correspondent Mike Gracia reports on Financial-Markets.

Photo: No known restrictions on publication. @Batchelorshow #Iran: Iran deal lives. Dr. Saeed Ghasseminejad is a senior Iran and financial economics advisor at FDD specializing in Iran's economy and financial markets, sanctions and illicit finance. Malcolm Hoenlein @Conf_of_pres @mhoenlein1 https://apnews.com/article/united-nations-general-assembly-iran-donald-trump-nuclear-a52dd5499cc38486e4e0729e7b1f62ee https://www.fdd.org/analysis/2022/09/13/why-did-russia-change-its-tune-nuclear-deal/ https://www.jpost.com/middle-east/article-717819 https://www.fdd.org/analysis/2022/09/09/new-iran-deal-would-be-shorter-weaker-version-of-2015-deal/

US futures are indicating a higher open. European equity markets have opened weaker but have rallied from their bottoms, following broad weakness in Asia. The early attention is on the Fed meeting after it raised rates by 75-bps as expected. Powell's comments firmly reinforced the commitment to curbing inflation while acknowledging economic tolls in the process, and admitted that a soft landing scenario looks less certain. Companies mentioned: Digital Realty, Digital Core REIT, Credit Suisse

The U.S. Federal Reserve increases interest rates by 75bps for the third consecutive month. The rate is now at its highest level since early 2008. Chairman Jerome Powell warns that the there will be more rate moves to come to tackle inflation. U.S. equities are down and the 2-year Treasury yield has hit 4 per cent for the first time in 15 years. The BoJ, however, holds rates at record low levels. At the UN, U.S. President Joe Biden leads global condemnation of Russia's partial military mobilisation and threats of nuclear strikes. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. markets continue their sell-off with 2- and 10-year Treasury yields reaching new highs ahead of another large Fed rate hike. Hedge fund manager Leon Cooperman slams U.S. Fed chair Jerome Powell for “irresponsible fiscal monetary policy”. JP Morgan CEO Jamie Dimon gives a stormy economic forecast ahead of Congress appearances by bosses of the seven largest U.S. banks. Russian President Vladimir Putin is expected to give his first national address since the beginning of the Ukraine invasion. The Kremlin is likely to ramp up military operations in the country and to fast-track annexation referenda in four occupied territories. And in energy news, Berlin is set to complete the final stage of its takeover of troubled utility Uniper, also providing a further €8bn in support measures.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US futures are indicating a flat open. European equity markets have opened lower, following lower Asian trade. Markets are currently looking ahead to the results of today's FOMC meeting, which is expected to generate a 75bp rate hike and a potentially hawkish new set of economic projections. We also saw overnight Russian President Putin announcing a partial mobilization to call up reservists to fight in the Ukraine. We saw global indices dip on the back of the Russian president's comments, and also EU defense stocks are trading higher. Companies mentioned: Sinclair Broadcast Group, Tencent Music Entertainment Group, Uniper

Blair Smith is Senior Director of the Center for Financial Markets at the Milken Institute, where he leads the Center's Access to Capital and strategic innovative financing initiatives to enhance economic and social impact.   Prior to joining Milken he was an adjunct professor at the Columbia Business School. He is the former Chief Investment Officer for the Upper Manhattan Empowerment Zone Development Corporation, a CDFI and was the Founder and CEO of Promethean AB Strategies LLC, a strategic consultancy focused on helping diverse led Asset Management firms achieve their goals. He is a member of the Real Estate Executive Council and is a 2019 Council of Urban Professionals (CUP) Finance Catalyst recipient. We start with Blair's upbringing which saw him split his time between Annapolis and Baltimore in Maryland  - a shift between big city and small town life.  He took what his friends describe as the "weedy path" into finance, starting out in journalism and ultimately moving in to impact investing.  We speak about the field of journalism and how it is evolving, and the lessons he learned there that he imported into his role in finance. We discuss then his role at the Milken Institute, and how it is set up as not just a Think Tank but at Think and Do Tank.  We dive into defining the concept of inclusive capital: Inclusive Capital is a belief in the concept that diversity creates long term value that benefits all stakeholders. So not just businesses and investors but also employees, customers, governments and communities. The second aspect of inclusive capitalism is that it produces equitable, measurable and sustainable growth that empowers others while addressing many of society's needs. And then finally, that inclusive capitalism enables stakeholders to participate in the capital markets structure to support both the end beneficiary as well as keeping an eye on the bottom lineThe Milken institute believes in convening the right people in the room.  We move to the imperative of ensuring more diversity in the workplace, not just because diverse teams perform better, but because they are likely to more nimble, more adaptable and more able to pivot two the dynamic changes happening in the workplace today. Series 5 is sponsored by Astarte Capital Partners, an asset management firm focused on sustainable real asset sectors, acting as anchor investor and partner to specialist emerging managers. Astarte is headquartered in London with a presence in Sydney and Toronto. 

This is an edited edition of live discussion about the current state of the markets with Tony Locatro, Perth based Investment Manager with Alto Capital. We will pick apart the latest movements and consider the implications for wealth protection and growth. Tony specialises in the small cap sector. https://www.altocapital.com.au/ Go to the Walk The World … Continue reading "DFA Live Q&A HD Replay Tony Locantro: Get Real Market Update"

U.S. markets are braced for the Fed's policy meeting starting today, breaking a two-day losing streak and pushing the 10-year Treasury yield to an 11-year high. The PBC keeps rates steady with the BoJ expected to do the same despite inflation reaching an 8-year high. Germany is expected to ink a gas deal with Qatar as it pivots away from Russian energy. However Bilfinger CEO Thomas Schulz tells this channel that Europe has the requisite energy infrastructure to weather the current power crisis. In autos news, Ford shares reverse in extended trade after supply chain issues weigh on costs.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The first experiment in quantitative easing ended in failure for 18th-century France. Is this a lesson for modern times? After years of ultra-low interest rates, central banks are tightening monetary policy to combat rampant inflation - a shift that has ignited volatility and depressed asset prices. With a sea change in interest rates underway, where can investors turn to bolster their portfolios? In this episode, PGIM Quantitative Solutions' Ed Campbell and financial historian and author Edward Chancellor discuss the pitfalls of low rates and the investment outlook for a new era.

US futures are indicating a lower open. European equity markets have opened firmer, following positive Asian trade. There's an outsized focus on synchronized tightening by central banks. Ahead of Wednesday's FOMC decision, Riksbank surprised with a 100-bps hike versus the expectation for a 75-bps move. Despite firmer tone for equity markets, the path of least resistance remains to the downside, given concerns about higher-for-longer rates, accompanying growth fears and impact on earnings outlook. Companies mentioned: UnitedHealth, Change Healthcare, Chubb, Hang Seng Bank

We are live at Windsor Castle and in London where world leaders have arrived for the funeral of Queen Elizabeth II. The S&P 500 and the Nasdaq suffer their worst week since June ahead of the Fed's next meeting. In Europe, ECB officials warn of further rate hikes. In IPO news, Volkswagen aims for a partial valuation of Porsche of up to €75bn. And the EU could withhold €7.5bn of funding from Hungary over a rule-of-law dispute with Budapest.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US futures are indicating a lower open with major indexes negative globally as caution prevails ahead of this week's Fed meeting.  European equities are weaker, but off worst levels following broadly weaker sessions in Asia. UK markets are closed for the Queen's funeral and Japan closed for a public holiday. Companies mentioned: Volkswagen, Porsche, Ant, Didi, Wix.com

Steven Kelly is a senior research associate at the Yale Program on Financial Stability. Steven joins David on Macro Musings to discuss his work on financial stability and the role the Federal Reserve plays in it. Specifically, David and Steven discuss the Fed's evolving role in niche financial markets such as commodities and derivatives markets, what Section 13.3 of the Federal Reserve Act says about the Fed's basis to engage in financial markets, proposals to improve the Fed's Standing Repo Facility (SRF), the future of stablecoins and central bank digital currencies (CBDCs) in financial markets, and much more. Transcript for the episode can be found here.   Steven's Twitter: @StevenKelly49 Steven's Substack: Without Warning   David's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings Click here for the latest Macro Musings episodes sent straight to your inbox!   Related Links:   The Reserve (podcast) hosted by Kaleb Nygaard   New Bagehot Project, Yale Program on Financial Stability (YPFS)   “The Fed As Derivatives Dealer of Last Resort?” by Steven Kelly   “Could the Fed Rescue Commodities Markets?” by Steven Kelly   “Improving the Standing Repo Facility” by Steven Kelly   “Unappropriated Dollars: The Fed's Ad Hoc Lending Facilities and the Rules that Govern Them” by Lev Menand   The Fed Unbound: Central Banking in a Time of Crisis by Lev Menand   “Larry Ball on the Lehman Brothers Collapse and Its Role in the Great Recession”, Macro Musings podcast episode (2018)

U.S. retail sales climb, and jobless claims fall ahead of next week's Fed meeting. This, as the market rally falters, with major U.S. indices on track for their fourth negative week in five, while Man Group CEO Luke Ellis tells CNBC he expects further pain to come as the Fed tightens policy and Fedex CEO Raj Subramaniam warns of a global recession. Chinese consumer confidence shows signs of resilience with retail sales rising at their fastest pace in six months, while factory output and investment data also top expectations. Russia acknowledges Chinese "questions and concerns" over the Ukraine war, after Presidents Putin and Xi hold in person talks for the first time since the invasion. In extended U.S. trade, Adobe shares sink after the software company announces a 20 billion dollar deal to buy Figma.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US futures are indicating a lower open. European equity markets have opened weaker, following broadly negative Asian trade. The ramp in Fed tightening expectations following the hotter-than-expected US CPI data remains the widely cited drag on risk assets. At the same time, the deepening Treasury yield curve inversion is playing further into concerns of a hard landing. Companies mentioned: Uber, Applied Optoelectronics, SoftBank

In 2019, Repsol was the first oil and gas company in the world to announce its commitment to be net zero by 2050. Why did they make that decision? What's their plan to get there? On this episode of our series, The Real Leaders of Net Zero, Repsol CEO Josu Jon Imaz joins host Mark Wiedman to talk upstream and downstream, electrification versus decarbonization, and why technology is the biggest ally in this ambitious effort. This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a. recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of date of publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable and are not guaranteed as to accuracy or completeness. This material may contain 'forward looking' information that is not purely historical in nature. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not indicative of current or future results. This information provided is neither tax nor legal advice and investors should consult with their own advisors before making investment decisions. The value of investments and the income from them can go down as well as up and you may not get back the amount invested. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast. In the U.S. and Canada, this material is intended for public distribution. In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock. In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20-549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded. For Investors in Switzerland: This document is marketing material. In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock MKTGH0222U/M-2036247-6/7 Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFSL 230 523 (BIMAL). The material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. In Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx ©2022 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.

AP correspondent Norman Hall reports: Financial Markets

U.S. producer prices fall for a second straight month as easing energy costs offer some respite, while the IMF's Kristalina Georgieva calls on central bankers to be stubborn in their fight against inflation. A shutdown deadline looms large, as President Biden mediates crunch talks to avoid a national railway strike that could throw U.S. supply chains into deeper disarray, potentially costing the economy $2 billion a day. Chinese President Xi Jinping makes his first overseas trip since the start of the pandemic, with the war in Ukraine on the agenda as he meets Russia's Vladimir Putin. In Europe, the French government announces it will cap energy price rises for households at 15 percent in 2023, at a cost of 16 billion euros and Uniper shares plunge after the gas importer confirms it is in talks with the German government over further support.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bradley Howard: Do you always  start  with  a  new  technology  and  see  how you  can  use  it?  Or  sometimes  do  you  look  at  challenges  within  the  business  and  think, "Oh  we  can  solve  that  using  X,  Y  and  Z,"  which  doesn't  always  need  to  be  the  latest  technology? Stephane Malrait: It's  a  very  good  question  and  I  think  it's  a  mix  of both to be honest. If  the  business  is  not  aware  of  what  is  available  to  them  as  new  type  of  technology,  you  will  never  move.  A  good  example  is  when  the  iPhone  came  out.  Everybody  was  on  Blackberry  and we were very happy to be on  the  Blackberry  phone.  They  didn't  know  they  needed  to  change  but  then  a  new  tech  arrive  and  everybody  jumped  to  that  new  tech  because  there  were a lot  more  functionalities  in  this  new  type  of  solution.  And  I  think  here  it's  the  same.  It's  the case that sometimes  the  demand  comes  from  the  business,  system  is  too  slow  or  too  outdated  and  we  need  to  change,  and  then  we  push  to  make  some  automation  or  change  the  technology,  but  other  time is the other  way  around,  and  we  find  technology  company  or FinTech  company, we  have  very  good  solution  and  we  say, " Oh, it  can  help  us  to  dramatically  improve  the  way  we  do  business  so  we  should  integrate  with  them."  A  good  example  will  be  natural  language  processing.  In  NLP,  we  have a lot  of  text,  we  have  a  lot  of  data,  and  we  didn't  know  we  could  do  a  lot  more with  that  type  of  information  until  we  discovered  there  are  NLP  solutions  out  there  who  can  help  to  get  more  than  translating,  unformatted  data  to  formatted  data  point  based  on  the  text  or  the  chat  that  we  have,  and  then  using  this  data  to  improve  the  customer  experience.  So  this is more  technology  led  than  business  led,  but  at  the  end,  the  result  is  the  same,  you  have  an  improvement  that  you  want to have. Listen to the rest of this insightful conversation between Stephane Malrait MD Global Head of Market Structure and Innovation for Financial Markets at ING, Toby Dixon, Delivery Director, FS, Banking & Capital Markets and Bradley Howard, Dive deeper into what builds technology innovation in the banking and capital markets arena as two seasoned professionals talk through what trends are currently shaping the industry and some of the lessons they learned in the technology innovation programs they were a part of from a dual perspective: ING - a bank's and a service partners. Should you have any questions – don't hesitate to contact them or us directly. Subscribe to get notified when the next two episodes of our series dedicated to the banking and financial industry will be released. Until next time!  

US futures are indicating a flat open. European equity markets have opened higher, following mixed Asian trade. The market narrative continues following the fallout from the US CPI reading, and with yield curve inversion driving talk of a hard landing. Predictions of a higher peak rate and rise in real yields are also tying into concerns around tighter financial conditions, putting market valuations under the spotlight. We have also seen Chinese property stocks rallying overnight amid hopes for a relaxation of housing curbs. Companies mentioned: Tesla, Blackstone, Swedish Match

How can you prepare yourself and your family for a financial market correction?   In this episode, Matthew Theal, Brent Pasqua and Joshua Winterswyk discuss the top five issues to consider during a financial market correction. They will also share some strategies to help you out when it happens.   Matthew, Brent, and Joshua discuss:   The take on the new law that has been signed in California that could increase wages for fast food workers to $22 an hour starting in 2023 What a financial correction could mean for you if you are retiring in the near future How to determine if your cash flow will change during a market correction How to avoid reactive decisions during a downturned market (saving your retirement fund!) And more   Resources:   Retirement Plan Playbook: Helping Aging Parents With Finances (Ep.74)   Connect with RPA Wealth Management:    info@rpawealth.com  (909) 296-7977 RPA Wealth Management LinkedIn: Matthew Theal LinkedIn: Brent Pasqua LinkedIn: Joshua Winterswyk LinkedIn: RPA Wealth Management

Typical teaching on stock prices says they are little more than a random walk. But people's purposeful actions are behind every economic transactions. Original Article: "Short-Term Market Volatility Is Not Entirely Random" This Audio Mises Wire is generously sponsored by Christopher Condon.

Typical teaching on stock prices says they are little more than a random walk. But people's purposeful actions are behind every economic transactions. Original Article: "Short-Term Market Volatility Is Not Entirely Random" This Audio Mises Wire is generously sponsored by Christopher Condon.

US futures are indicating a higher open. Trading in both Asian and European markets has been significantly weaker, following Tuesday's weak US session. Reverberations have been felt in global markets following the weak Tuesday US trading session as a result of the hotter-than-expected August CPI data. We've also seen signals of intervention from the Bank of Japan, with an announcement that it would increase outright JGB purchases, and also reports that it has conducted a so-called rate check, a move interpreted as a precursor to direct currency intervention. Companies mentioned: Citigroup, Bed Bath & Beyond, Tencent Music Entertainment Group

Wall Street plunges in its worst sell-off in more than two years, with the Dow diving 1200 points, while the two-year Treasury yield rockets to levels not seen since 2007, all after a hotter-than-expected U.S. CPI print of 8.3%, raising expectations the Fed could look to hike rates by 100 basis points at its next meeting. In other news, Germany's cabinet prepares to approve an expanded state support program for troubled energy providers, and Twitter shareholders approve Elon Musk's $44 billion takeover, while a whistleblower tells US lawmakers of alleged major security flaws at the social media platform and says regulators are ill-equipped for their role.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US CPI expectations ease according to a key Fed survey ahead of today's August print, with inflation expected to slow to eight percent. Swiss lender UBS hikes its annual dividend by ten percent and announces share buybacks will top five billion dollars this year, as fellow bank Goldman Sachs plans to cut hundreds of jobs this month according to a CNBC source, looking to rein in expenses amid a collapse in deals volume. Twitter shareholders reportedly vote in favour of Elon Musk's 44 billion dollar takeover, as the billionaire tries to force his way out of the deal.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US futures are indicating a higher open. European equity markets have opened higher following Monday's strong gains. Asian markets went higher in a subdued day's trading. The August US CPI data is the focus for global markets, with headline inflation seen moderating amid sharply lower energy prices. However, the data is considered unlikely to impact the expectations for a 75-bps Fed rate hike next week. Companies mentioned: Twitter, Applovin, Unity Software, Uber

How did Australian farmer Lex Greensill convince the likes of Credit Suisse and the Softbank Vision Fund that he was a highly investable fintech entrepreneur? Why was former UK Prime Minister David Cameron recruited as a lobbyist? And what caused Greensill's 'pioneering' chain finance model to collapse with the loss of billions of dollars? Join our host Russell Napier as investigative journalist Duncan Mavin reveals a tale of greed, deceit and incompetence.Duncan Mavin is the author of The Pyramid Of Lies: Lex Greensill and the Billion-Dollar Scandal, published by Pan Macmillan.For more information on the Advanced Valuation in Financial Markets course mentioned by Russell, please see www.didaskoeducation.org.

AP correspondent Norman Hall reports: Financial Markets

In our Toolkit podcast series, we take a deep dive into one accounting topic each month that goes beyond the basics and into areas that require judgment. This month, we are covering impairments – a complex topic with a variety of accounting and reporting considerations.In this episode, Heather Horn was joined by Bret Dooley, a partner in the National Office, and Shannon Detling, a partner in the Financial Markets practice, to discuss key considerations when working through the impairment accounting framework for financial instruments. In this episode, you will hear them discuss:0:38 - An overview of the impairment model for equity and available-for-sale debt securities6:07 - How current market conditions are impacting impairment assessments11:15 - Highlights of the current expected credit losses (CECL) model for amortized cost assets17:12 - Effect of macroeconomic trends when determining credit losses under CECL29:03 - Consideration of risks and relevant controls in the credit loss estimation process33:16 - Credit outlook for the future based on current trends38:12 - Key reminders for companies thinking through the impairment model for financial instrumentsWant to learn more? Refer to the first episode in our impairment toolkit series on inventory and other current assets, along with previous podcasts on impairment accounting, including accounting for goodwill and other impairments and answers to your impairment valuation questions. Stay tuned for more insightful episodes in the coming weeks.Bret Dooley is a Deputy Chief Accountant in PwC's National Office and the financial instruments accounting leader. He has over 25 years of experience specializing in the financial services, banking, and capital markets industries. Bret focuses on emerging financial reporting issues relating to financial instruments, developing interpretive guidance, and assisting clients in resolving complex accounting matters.Shannon Detling is a Partner within PwC's Financial Markets group, specializing in financial instruments, financial risk management, and financing transactions. He has extensive knowledge of capital markets, changing regulation and policy, and evolving market conditions. Shannon advises clients on how to achieve their objectives and assists them in execution from strategy through to operations, valuation, and reporting, including design, implementation, and integration of systems, processes, and controls.Heather Horn is PwC's National Office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series. With over 30 years of experience, Heather's accounting and auditing expertise includes financial instruments and rate-regulated accounting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com. 

Queen Elizabeth's coffin lies in rest in Edinburgh, after a six-hour journey from Balmoral Castle, with her funeral set to take place on Monday September 19. King Charles III is formally proclaimed sovereign, with the new monarch set to start a tour of the UK in Scotland, for a service marking the passing of his mother. Ukrainian forces reclaim large stretches of territory in the northeast of the country, as Russia makes a hasty retreat and launches a barrage of missiles into Kharkiv. Crude prices slip amid warnings China's fuel demands could contract for the first time since 2002 as Beijing continues to impose a zero-covid policy approach to covid cases.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US futures are indicating a higher open. European equity markets have opened up, following a higher albeit quiet Asian session. Some focus on geopolitics with Reuters, citing sources, reporting that the Biden administration plans to broaden curbs on US shipments of semiconductors used for AI and chipmaking tools to China. Companies mentioned: Disney

US futures are indicating a higher open. European equity markets have opened higher, following positive Asian trade. Markets are on track to snap a run of weekly losses that were driven in large part by hawkish central banks, the dollar rally and corresponding tightening of financial conditions, Europe's energy crunch, and tightening Covid restrictions in China. At the same time falling commodity prices continue to provide support for peak inflation narrative. Also tight labor markets and strong balance sheets are tempering recession concerns. Companies Mentioned: Tesla, Revlon, Citigroup, Atom Bank, Ross Acquisition Corp II

New York City's subways have become a nightmare, with rampant crime, delays, derailments, and poorly capitalized. This is a gift from "backdoor socialism." Original Article: "New York City Subways: The Woes of Socialist Enterprises" This Audio Mises Wire is generously sponsored by Christopher Condon.

US futures are indicating a slightly lower open after Wednesday's Wall Street rally. European equity markets have opened higher, following mostly positive Asian trade. Fed Chair Powell is due to speak and markets are anticipating another 75-bps hike later this month. The hawkish Fed policy and dollar's strength put pressure on policymakers in other jurisdictions. Japan's Yen remains under sustained selling pressure. The ECB policy decision is in focus for Europe, with the market pricing in a 75-bps hike as it continues to frontload tightening cycle. Companies Mentioned: Principal Financial Group, Tencent