SEOUL — South Korea’s central bank raised its policy interest rate by 25 basis points on Friday, as expected, but bond yields plunged in response to comments suggesting its 1-1/2-year rate-hike campaign had ended. The benchmark 10-year treasury bond yield ...
WASHINGTON — When the Biden administration unveiled aggressive export controls in October aimed at blocking China from becoming a global leader in advanced semiconductors it was missing a key ingredient: agreement from US allies to impose their own matching restrictions. ...
SYDNEY — Floods and natural disasters that hit all but one Australian state and territory in 2022 cost the economy A$5 billion ($3.48 billion) and stoked inflation according to Treasury estimates which forecast billions more spending in 2023. Australia suffered ...
The December consumer price index (CPI) was welcome news for the stock market. Headline and core CPI numbers came in line with expectations. Headline CPI year-over-year is up 6.5% and core CPI is up 5.7%. Even though the softening inflation ...
The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data today, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in fifteen months. According to the BLS, Consumer Price Index ...
As all of Wall Street dissects CPI data and what that might mean for the Fed’s next rate hike, Alex and Tyler look through what is actually happening from a price perspective in this week’s edition of the GoNoGo Charts ...
On this week’s edition of Stock Talk with Joe Rabil, Joe shows how he uses multiple timeframes to pinpoint a recent countertrend trade setup in TSLA. Joe uses Candles, Moving Averages, Price Structure, MACD, and ADX to help on this ...
2022 has ended, but the bear market – and need for risk management – remains! 2022 ended with the stock market delivering its largest yearly losses since 2008. The 4th quarter of 2022 saw new bear market lows in the ...
Unemployment remains low but for the wrong reasons. Low unemployment rates are not a sign that the economy is doing well. Original Article: “US Labor Market: Help Wanted!” This Audio Mises Wire is generously sponsored by Christopher Condon. ...
The monetary regime in power now—the so-called 2 percent inflation standard—is promising us a “return to normal” after the great pandemic and war inflation of 2021–22. At this time of powerful propaganda—the dismal accompaniment of natural disaster and war—we should ...