A quick look at central bank and government policies in the wake of the pandemic will easily help conclude that there is a highly bullish trend for commodity prices. In early 2020, when the pandemic caused selling in markets across all asset classes, there was a warning that quantitative easing, …
Read More »US Shares Slip Back From Session Highs
Receding Omicron-worries, signs of a bullish economy and positive seasonality are among bullish factors helping the shares market sentiment.The S&P 500 is trading flat on Tuesday following Monday’s stunning 1.4% surge, with the index falling back from earlier session record highs to the north territory of the 4800 level. The …
Read More »Omicron’s Crushing Impact On Nursing Shortage
Nursing shortages compounded by the pandemic are expected to continue for years to come, according to a new study, driving up wages and healthcare costs while suppressing spending on non-nursing Hospital expenses such as equipment or new medical technologies. The Omicron variant could worsen this trend by spurring a second …
Read More »Fed: Biden Considers Former Fed Governor Raskin For Vice Chair Of Supervision Role
US President Joe Biden is considering the nomination of former Fed board of governors member and former Treasury Department official Sarah Bloom Raskin for the role of vice chair for supervision of the banking system.For the other two board of governor seats that will some become available, Biden is reportedly …
Read More »US Factory Activity Accelerated in December, Richmond Fed
Factory activity in the central Atlantic region of the US gained momentum in December compared with the previous month, according to a survey compiled by the Federal Reserve Bank of Richmond released Tuesday.The Fifth District Survey of Manufacturing Activity’s composite index increased to 16 in December from 12 in November, …
Read More »Futures Point To Positive Open For Wall Street
On a quiet day of economic announcements, the investors are keenly observing factors impacting the stock markets, especially the spread of COVID-19 variant.Initial signs from the U.S. Futures Index suggest that Wall Street might open higher. Asian shares finished mostly up, while European shares are trading mostly positive.The Dow futures …
Read More »WTI Back Above USD 76.00 As Traders Eying Omicron Risk
WTI trades above USD 76.00, supported as Omicron pessimism is in focus during Tuesday’s US session and amid supply outages.WTI only trades about USD 2.0 below pre-Omicron levels above USD 78.00, suggesting fears of economic disruption have generally been assessed.Oil prices have trimmed earlier gains with front-month WTI futures currently …
Read More »Market Drivers – US Session – 27 Dec.
Investors and traders quietly resumed activity immediately after turning from a long weekend, with a thrust of optimism as reports suggest that the Omicron variant is much less serious. Before the end of the trading session, news came from France about the reintroduction of restrictions on Omicron Covid-19 spike, the …
Read More »Will Antitrust Versus Inflation Strategy Ease Biden’s Worries?
As rising inflation threatens his presidency, US President Joe Biden is turning to the federal antitrust authorities to try to tame hot price increases that his administration believes are partly driven by a lack of corporate competition.Biden pushed the Agriculture Department to begin investigation on large meatpackers that control a …
Read More »Institutional Investors Overcome Barriers To Bitcoin
Before 2000, most traditional institutional investment portfolios did not allocate to commodities and traditionally balanced portfolios of stocks (60 percent) and bonds (40 percent) were the prevalent norm with no alternatives across the board. Given that diversification is a significant catalyst for investment, portfolios started greater diversification into alternatives and …
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