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Disinflation data continues today. The US July personal consumer expenditure deflator is expected to show fairly stable inflation rates. It is worth remembering that if inflation falls because of owners' equivalent rent, this does not change the spending power of any US household (as OER is a fiction).
US July consumer price inflation data continued recent trends. Most sectors of the US economy have deflation somewhere (furniture prices seem to be plunging in California. Clothing prices are falling in New York). Fictional prices for housing are propping up the inflation data—which means middle income homeowners have more spending power than consumer price numbers imply.
Featuring: Robert Lea, Bloomberg Intelligence Senior Analyst Keyu Jin, Economist and Author of 'The New China Playbook' Jamie Battmer, Chief Investment Officer at Creative Planning Apple: https://podcasts.apple.com/us/podcast/bloomberg-daybreak-asia/id1663863437Spotify: https://open.spotify.com/show/0Ccfge70zthAgVfm0NVw1bTuneIn: https://tunein.com/podcasts/Asian-Talk/Bloomberg-Daybreak-Asia-Edition-p247557/?lang=es-es See omnystudio.com/listener for privacy information.
US July producer price data are due. Producer prices better represent corporate pricing power than consumer prices. (Consumer prices are a combination of the pricing power of retailers, and the power of imagination in devising owners' equivalent rent.) This means the real fed funds rate is around 3% for companies—an unnecessarily restrictive rate.
Kia ora,Welcome to Monday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we lead with news China is struggling to revive consumer interest in spending and consumption.But first, this coming week the key focus will be on the RBNZ Monetary Policy Review on Wednesday. A feature of the past month has been the volatility in the financial market pricing of this upcoming rate decision. Financial markets have had little conviction, shifting their pricing from 'zero change' to -50 bps cut. Currently they are guessing a -25 bps cut. But it is only a guess. We must remember, the new Government stripped jobs their mandate, leaving only inflation as they goal. And as we all know, inflation isn't beat yet. What we will all be looking for is whether the RBNZ committee thinks it is beaten on a semi-permanent basis. Two sleeps to know.Also this week we will get the US July inflation results, both CPI and PPI. Analysts expect a 2.9% CPI and a 2.6% PPI there. Retail sales data along with industrial production data will also be released for the world's largest economy.China will report new yuan loans for July later today, expected to be weakish, along with retail sales, house prices, and labour market data. In Australia, we will get the NAB business confidence report and a Westpac consumer sentiment survey, both probably tomorrow. And that will be followed later in the week by their July labour market data, expected to show only modest gains.In China, their consumer inflation picked up from an ultra-low +0.2% in June to +0.5% in July. But food prices are still showing some deflationary effects. Although overall those food prices are up a tiny +0.2% year-on-year, that is only because of a +20% rise in pork prices (from very low levels a year ago). Beef prices are down almost -13% in the year, lamb prices down more than -6%. Milk prices are down -1.9% on the same basis. If you take out the base effect from some key items like pork, the deflationary threat in China is still very much alive.And still in China, producer prices are still deflating, down -0.8% in July from the same month a year ago. That is the same fall recorded in June.And Chinese July vehicle sales fell to just under 2.5 mln units or -2.4% lower than in June but +4.1% higher than the same month a year ago. China is the world's largest vehicle market. But those sales figures include exports. Domestic sales fared far worse, falling -10.1% on the year to just under 1.8 million units for a steeper drop than the -7.4% decline recorded in June. Wider than cars, others are reporting that consumer demand is weak in their categories too. The pall of 'value losses' from their housing 'investments' is weighing heavily on consumer sentiment there. It must be bad because their official consumer sentiment survey hasn't been updated since May, after it recorded a big drop from April.In the US we should note that the US Fed is not shrinking its balance sheet as fast as it planned, with only a tiny -US$49 bln reduction in the past month. That takes it back to the level it first rose to at the outset of the pandemic four years ago. From its peak in April 2022, it is down -US$1.8 tln or -20% however. Progress now is slowing however.In Canada, their labour market is marking time. Employment fell by -2,800 in July to 20.5 mln, a surprise because analysts expected a +22,500 rise. Still, the number of unemployed fell by -8,600. They also had a -0.3 percentage-point drop in their labour force participation rate, and that takes it to a two-year low of 65%, the lowest since 1998 if you exclude the pandemic.In Russia, they are suffering the opposite through fast-rising inflation. In July it rose to 9.1% from 8.6% in June. Everything is rising faster there, especially food prices.The UST 10yr yield is now at just on 3.94% and unchanged from Saturday. The price of gold will start today up +US$4 from yesterday at US$2431/oz.Oil prices are marginally firmer at just under US$76/bbl in the US while the international Brent price is now just on US$79.50/bbl.The Kiwi dollar starts today little-changed from this time Saturday at just on 60 USc. Against the Aussie we are down -10 bps from yesterday at 91.2 AUc. Against the euro we are up +10 bps at 55 euro cents. That all means our TWI-5 starts today at 68.7 and up +10 bps.The bitcoin price starts today at US$60,318 and up a minor +0.2% from where we left it Saturday. Volatility over the past 24 hours has been low at just under +/- 1%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
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Wall Street finished mixed as mega-cap tech stocks extended their losses in late trade as Microsoft's results fuelled concerns over AI. The Dow advanced 203 points (+0.50%) with gains in major banks offsetting losses in Merck -9.81% and Procter & Gamble -4.84%. Dow up 326 points at best. Down 11 points at worst. S&P 500 fell 0.50%, while the S&P Equal Weight Index gained 0.46%, buoyed by gains in the financial and energy sectors. NASDAQ Composite tumbled 1.28%, and the NASDAQ 100 slid 1.38%, which is now down ~9% from its all-time high and tittering on the cusp of correction. Nvidia fell 7%, erasing $193bn from its market value dragging the Philadelphia semiconductor Index down 3.88%. Funds found their way to small caps. The Russell 2000 rose 0.35% as the rotation out of growth mega caps continues. In economics, the June JOLTS report showed job openings ticked lower, though higher than expected, and US July consumer confidence came in roughly in line with expectations though consumers were still largely concerned about inflation. Treasury yields eased, and the VIX jumped 6.57%.ASX to rise on opening bell. SPI Futures up 29 points (+0.37%). COMMODITIESOil prices slide 1%, settle at 7-week low on China worries.Iron ore retreats further as key China economic meeting, strong global supply weigh.Aluminium hits 5-month low, copper down on risk-off sentiment.Gold climbs on rate cut hopes as Fed meeting looms.BP raises dividend as $2.8bn quarterly profit beats forecasts.OPEC+ likely to stick to output policy at Aug 1 JMMC meeting.Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.
A sermon by the Rev. Dr. Thee Smith on the Ninth Sunday after Pentecost (July 21, 2024) at the Episcopal Cathedral of St. Philip, Atlanta
The Glory to come far out weighs the suffering.
Here's a typical question I'm asked. So, do we have a lot of accents in the US?
The Bible's prophetic books show us more than history or what's to come -- they show us God's character and give us the opportunity to look in the mirror. Support the Show.
This week Pastor Darrin continues his series as he explores all the times Jesus did life and ministry around a meal.
Send us a Text Message.Today on The Prather Point LIVE at 2 pm ET / 11 am PT on RUMBLEhttps://rumble.com/v5542eo-congress-dangles-biden-to-distract-infected-invasion.htmlSCOTUS IMMUNITY FOR JOE'S PEDOS, NOT TRUMP!BIO-WEAPON FALSE FLAG ON FOURTH -BUT WHICH?NEW EU MEGA PREZ- MAKE EUROPE GREAT AGAIN!DEBATE DEBACLE DANGLES DEMOCIDE BY DEMOCRACY!
It's not the first time in Scripture God came down to see what on earth was going on. And it won't be the last. Whenever God shows up there's an odd and wondrous grace. Genesis 11:1-9.
We are healed by Tursting. Psalm 33:13-19.
We don't have to do healing on our own. In fact, we rarely do. 2 Peter 1:3-7.
The people of God are in a time of rebuilding. The prophet calls on them to rebuild their broken community in a specific way: with care and concern for those who are so often oppressed, exploited, and ignored. Isaiah 58:8-12.
While China's latest price reports have markets worrying about deflation, Group Chief Economist Neil Shearing thinks the real issue is what's happening in core inflation against a backdrop of a struggling economy. He also reviews the “immaculate” July CPI report from the US and what means for the Fed and previews the UK CPI report for July due this coming Wednesday. Plus, Caroline Bain, our Chief Commodities Economist, talks about a raft of supply pinches facing commodities markets, from the collapse of the Black Sea Grain Initiative to Indian food protectionism to OPEC+ production cuts. Click here to explore the analysis referenced in this episode.
Neil Dutta, Renaissance Macro Research Head of US Economic Research, says the Fed hasn't done enough. David Kelly, JPMorgan Asset Management Chief Global Strategist, says inflation could get back down to 2% on its own.Jessica Reif Ehrlich, BofA Securities Senior Media & Entertainment Analyst, discusses Disney raising prices for its streaming services by as much as 27%. Henrietta Treyz, Veda Partners Economic Policy Research Director, discusses the race for the GOP presidential nomination. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.
The Spirit is Upon Us - July 30th, 2023 by Gateway Church of Upstate NY
The Spirit is Upon Us - July 30th, 2023 by Gateway Church of Upstate NY
These days we feel deeply fragmented from one another, from ourselves, and from God. This week Pastor Juan invites us to remember that no matter how difficult, how fragmented, how negative it all seems that nothing can separate us from love. Accepting that reality, begins to shift our perspective, begins to free us towards a life of flourishing for us and for our neighbors.
These days we feel deeply fragmented from one another, from ourselves, and from God. This week Pastor Juan invites us to remember that no matter how difficult, how fragmented, how negative it all seems that nothing can separate us from love. Accepting that reality, begins to shift our perspective, begins to free us towards a life of flourishing for us and for our neighbors.
In this episode, Mindy, Ryan, and Jen discuss recent newsworthy items, including the recent FDA approvals of Leqembi and Opill, a price transparency and PBM reform package working its way through Congress, and the recent series C funding raise for Octave. Podcast Tags: healthcare, healthcare news, life sciences, health policy, public health, CMS, DA, Medicare, drug prices, PBM, Alzheimer's, women's health, reproductive health, mental health, telemedicine, virtual care Source Links: New Federal Decisions Make Alzheimer's Drug Leqembi Widely Accessible With nonprescription nod for Perrigo's Opill, the age of the over-the-counter birth control pill arrives in the US House committee moves another price transparency, PBM reform package forward Education and the Workforce Committee Passes Landmark Health Care Package Octave nabs $52M, eyes expansion of in-network therapy services to all 50 states in 2024 For additional discussion, please contact us at TrendingHealth.com or share a voicemail at 1-888-VYNAMIC. Mindy McGrath, Healthcare Industry Advisor and Head of Public Health Sector Mindy.McGrath@vynamic.com Ryan Hummel, Executive and Head of Provider Sector Ryan.Hummel@vynamic.com Jen Burke, Director Jen.Burke@vynamic.com
Written by: Tom Roel
Coming Up #OnWithMarioLopez – actor #AndrewMcCarthy zooms in to talk new book #WalkingWithSam, upcoming #BratPack doc, & more! Plus, a new #LifeHack in Courtney's Corner, Mario & Courtney's hilarious dinner experience, & #KyraSedgwick joins to talk new film #SpaceOddity, directing husband #KevinBacon, & more! See omnystudio.com/listener for privacy information.
Bible Study: (1:59) Gn 22:1b-19 Why does God put anyone to the test? Letters (19:47) - I feel like prayer doesn't work (22:44) - What's Father's interpretation of Job 24:17? (24:41) - How did the ancients view taking up their cross? (27:15) - Should there be a clause or form of to-be in 'blessed the man' (29:45) - I'm confused about the term 'Elohim' and how it's used. (32:24) - Pre-Genesis world, was there life on earth before? Word of the Day: Burnt Offering & Lamb Callers (39:22) - 'When God made man in his image and taking the female part out' Have you thought of this before? (43:30) - Sinning against the Holy Spirit, is that unforgivable sin? (46:25) - Is the Book/Gospel of Thomas a forgery? (48:40) - Is Zoroastrianism Christianity?
Wall Street closes higher overnight in a holiday-shortened session kicking off the second half of the year on a positive note ahead of the US July 4th holiday. Dow Jones virtually unchanged, up 11 points (+0.03%). Dow at best up 58 points. Dow at worst down 121 points. S&P 500 gained 4.75 points, up 0.12%, ending at 4,455 points, while the NASDAQ rose 0.21%. Treasury yields edged higher, with a widely watched section of the yield curve hitting its deepest inversion since 1981. The US greenback marginally higher ahead of key US data this week, including June's payrolls report, while oil prices settled down. Among stocks, shares from rate-sensitive sectors lower after ISM PMI data showed that US manufacturing contracted more than expected. Tesla +6.9% after it said it delivered a record number of vehicles in the second quarter, and shares in heavyweight banks such as Wells Fargo and Goldman Sachs gained 1.7% and 1.3%, respectively, after raising dividends and passing the Feds annual health check.ASX 200 to open lower. SPI Futures down 1 point (-0.01%).Gold continued up 0.1% overnight, due to weaker economic readings from the US.Copper rose 2.64% overnight as inventories fell and optimism boosted prices.Nickel +0.07% Aluminium -0.09% Zinc +1.32%, Lead +1.6%, and Tin +4.89%.WTI Crude fell 1.35%, and Brent dropped 0.6% despite possible production cuts from Saudi Arabia.10Y Bond yields: US 3.85%, Australia 3.98%, and Germany 2.44%.Coming Up: RBA Interest rate decision Today, FOMC Minutes and both the US and Australia's Balance of Trade on Thursday, US Unemployment rate on FridayDomestic data: RBA Interest Rate Decision.Catch up on all the latest with Henry Jennings on today's Pre-Market Podcast.Why not sign up for a free trial? Get access to expert insights and research and become a better investor.Make life simple. Invest with Marcus Today.
Today, Pastor Steve continues our sermon series in the book of Psalms as we look at Psalm 34. In Psalm 34 We delve into David's story leading up to the Cave of Adullam and his desperate time of seeking God's rescue. Through David's personal testimony and trials, we discover the importance of fearing the Lord, experiencing His rescue, and finding refuge in Him. Message Notes: http://bible.com/events/49102053
Welcome to the Beyond the Reiki Gateway Podcast, a podcast reserved for the spiritually curious. I'm your host, Andrea Kennedy. I and fellow Reiki master teacher Kathleen Johnson released episode one back in January 2021. We like countless others we know learned the energy healing modality of Reiki early in our spiritual journeys, and Reiki proved to be a sort of gateway, fueling our curiosity and thirst to learn as much as possible about all things spiritual.We created this podcast to help other spiritually curious seekers find out more about fascinating topics such as past lives, crystal healing, mediumship, spirit attachments, and much, much more. After three seasons, dozens of guests, and over 60 episodes, season three concluded with Kathleen's retirement and plans for her next adventure.Not only am I staying here with you for season four, but I am also expanding the show in some exciting ways. Now, new episodes will publish on the BTRG YouTube channel in full video format, so you can really be in on our conversations. I'll also be welcoming new guests who are pioneers in their fields, and we'll be venturing into some intriguing topics never explored before on the show.I warmly invite you to join me every two weeks, beginning Wednesday, July 19th, as we continue to venture beyond the Reiki gateway, all to help inspire and assist you as you travel your own unique journey of spiritual awakening and evolution. You can find out more at www.beyondthereikigateway.com. I'll see you in the brand new season and until then, I wish you the highest of blessings.Want to know more about Andrea?
How God Rescues Us – July 22, 2023 by Percy Harrold
Facts & Spin for February 17, 2023 top stories: A Georgia judge releases a grand jury report on a Trump election probe, the Congressional Budget Office warns the US could default as soon as July, Russia launches renewed missile strikes on infrastructure facilities, China sanctions Lockheed Martin and Raytheon over arms sales to Taiwan, Armenia proposes a peace treaty project with Azerbaijan, the US and Iran are reportedly in indirect talks on a prisoner swap, Israel passes a new law revoking citizenship for terror convicts, Chinese retirees protest over plans to cut health benefits, the FBI searches for more classified Biden docs at the University of Delaware, and the FDA considers making an opioid addiction drug available over-the-counter. Sources: https://www.improvethenews.org/ Brief Listener Survey: https://www.improvethenews.org/pod
In this episode of Picture Perfect, the girls prepare for the month of August. Listen as Emily & Caley reflect on July and set goals for the new month. Questions discussed in episode: 1. What have you learned this month? 2. What has helped you remain balanced? 3. Have you accomplished a goal? 4. What has gone well for you? Use these to prep and plan for the month ahead! You can tag us in your listening stories via @pictureperfectpodcast on Instagram. Also, feel free to leave a review and rating as it helps us out a lot! --- Support this podcast: https://podcasters.spotify.com/pod/show/emily-and-caley/support
US July retail sales are important, as the consumer guards the boundary between economic slowdown and economic slump. Weaker demand for some consumer durables has been exerting disinflation and deflation pressures, offsetting energy and food price inflation.
US July industrial production is due. The US is not as important a manufacturer as it used to be, but it does still matter to global supply. However, the economic debate has rather shifted from the supply side to concerns about the level of demand. It is the consumer who stands on the dividing line between slowdown and slump.
Lonwabo Maqubela of Perpetua Investment Managers on Nedbank results and US July inflation at 8.5%.Wandile Sihlobo chief economist of the Agricultural Business Chamber of SA on grain exports out of Ukraine and falling local agri prices.Absa head of global markets Anthony Kirui on innovation as the key in the search for returns.
Join Dr. Sandra Hart from the Door of Hope Church as she discusses the 'Servant at the Wedding'. The Bible reading are from John2:1-12 & Psalm 123. The Door of Hope Church is found at 50 Glen Dhu Street, Launceston & you can contact them by phone on 6344 8450 or email info@door-of-hope.org The website is www.door-of-hope.org Sunday Family service is 10:00am & Vibrant Youth at 5:00pm
For the maturing Christian the question should NOT be what can God do for us, but what can He do THROUGH us!
Preacher - Rev. Tommy Lee Sermon Text - John 17:13 - 19 Sermon Series: Take Heart:I Have Overcome The World XXIII. "The Father Sent Jesus; Jesus Sends Us" July 31. 2022 am
For the maturing Christian the question should NOT be what can God do for us, but what can He do THROUGH us!
Father Jovita Okoli preaches on Wednesday of the Fifteenth Week in Ordinary Time.
Max, Kyle and Arch close out the week by betting on baseball, but first Max stumbled upon a story involving JaMarcus Russell. The Raiders tested him to see if he was watching game film and there was predictable results. The Book Club is open for businessIf you want to join Max, Arch, Sex Panther, Saxy Maxy, Phil and Steve in a private discord server to discuss even more sports betting you can!http://www.thedegens.net/The DegensSaxy Maxy: https://twitter.com/saxymaxyMax twitter.com/MadMortlockPanther: twitter.com/SexPantherDegenArch: twitter.com/archsactionPhil: twitter.com/speedwaysteve2Support this podcast at — https://redcircle.com/absolute-sports-betting-degeneracy/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Who Nuked The Moon? (45 Mins Duration) UK Government Collapses, US July 4th shooting and mysterious Moon Missile still unsolved. Moon Nuke Cloud Video Book A Psychic Reading With Levi Here
The Saint of the Day Podcast begins on July 1st. Subscribe today so you don't miss an episode! A service of Good Catholic™ and The Catholic Company™. ✅ Visit Good Catholic for more great content: https://bit.ly/3rMqLKI
Today is the First Friday of July. Our prayers and meditation turns to the Sacred Heart of Jesus. We are reminded of the infinite love and mercy of Jesus, most especially for sinners. The Lord SEARCHES for the lost sheep and the ones who go astray. God's love is actively seeking all who have seperated fro Him. The GOOD SHEPHERD calls us by name so we may be forgiven, healed, and walk in God's peace. --- Support this podcast: https://anchor.fm/fr-william-maestri-overfed-and-undernourished/support
Neighborhood News Radio-Original Satire Features include Bob At Home & the Morning Show with Raymond
The Dr. Proctor Talk Show - Satire at it's very best. News, views, celebrity guests, listener calls. Episode 1 is a barn burner. Be the first to say, "Hey, have you heard the Dr. Proctor Show. I did and it still hurts!" A special feature from Neighborhood News Radio. Find our original programs at www.nnrpdx.com or listen now. Broadcasting 24/7. WE TAKE SATIRE SERIOUSLY! LISTEN NOW>> --- Send in a voice message: https://anchor.fm/raymondquinton/message
As we end our week on Jesus's High Priestly prayer, today we'll dive into his desire for us to know the Father's great love. Knowing the love of God for us is essential to healthy Christian living. God's love is fundamental to our identity as his children and the sacrifice of Jesus. If we aren't rooted and grounded in the unconditional love of God, we will be like untethered buoys being tossed about in the sea. It may seem elementary that God loves you, but I'd encourage you to open your heart afresh to this reality, that God could reveal his love to you in a real and new way today. Our Scripture for today comes from John 17:25-26, and today's worship is I Found Love by The Royal Royal. If you feel called to support First15 financially and double your impact today with a matching grant, you may give here or text GIVE15 to 50700. First15 is a daily devotional written and recorded by Craig Denison. If you would like to learn more about the First15 app, books, blogs, videos and our other resources, please visit first15.org. You can always reach out to us on our contact page on the website.
As we end our week on Jesus' High Priestly prayer, today we'll dive into his desire for us to know the Father's great love. Knowing the love of God for us is essential to healthy Christian living. God's love is fundamental to our identity as his children and the sacrifice of Jesus. If we aren't rooted and grounded in the unconditional love of God, we will be like untethered buoys being tossed about in the sea. It may seem elementary that God loves you, but I'd encourage you to open your heart afresh to this reality, that God could reveal his love to you in a real and new way today. Our Scripture for today comes from 1 John 4:16, and today's worship is Met By Love by United Pursuit featuring Brandon Hampton and Michael Ketterer. First15 is a daily devotional written and recorded by Craig Denison. If you would like to learn more about the First15 app, books, blogs, videos and our other resources, please visit first15.org. You can always reach out to us on our contact page on the website. And, if you feel called to support First15 financially, you may give here.