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...Last year was a bumpy one for the oil major. Chevron’s shares fell 17 per cent, compared to a 9 per cent drop for Exxon, which is also due to release results on Friday....
And the rates/equity volatility puzzle
...The head of the New York Federal Reserve said he still expects inflation to drift towards the US central bank’s 2 per cent goal, despite some bumpy recent readings....
...Despite how smoothly things have been going, we think 2024 is going to be a bumpy ride.”...
...observing a disinflationary process” in line with its forecasts that made it confident eurozone inflation would reach its 2 per cent target by the middle of next year, even if the path there is likely to be “bumpy...
Strong growth expected after a bumpy patch for the share price
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...Powell said Friday’s Bureau of Economic Analysis report, combined with other recent data, showed that the path towards the 2 per cent target was “sometimes bumpy”....
The stock price has fallen by more than 40% despite rising flyer volume
...As much as we should hope for all this to materialise, it would be wiser to plan for a bumpy road ahead....
...Others have reported a similarly bumpy picture....
...Van Beurden said he felt in 2016 that the chances of an orderly transition to net zero “were actually pretty high”, but now believed it “very unlikely”, adding that the journey would “definitely” be bumpy...
...White House officials on Wednesday said that they had always expected the process of bringing down inflation to be bumpy — and that they believe inflation will soon begin easing again....
...“Last year was a bumpy journey in terms of managing the supply chain, particularly in our defence business, and it is hard to predict if we will see significant progress on the matter,” said chief financial...
...The journey has been bumpy at times....
...We already have ample evidence that the journey to net zero emissions is likely to be a bumpy one....
...Hit by a slump in the crypto markets and a bumpy product transition, Nvidia suffered a 65 per cent share price plunge as recently as 2022....
...Enders’ researchers said in a recent report that 2024 was set to be a “bumpy and uncomfortable year across the industry” as “revenue growth is likely to be flat for the next 12-24 months”....
...That lack of breadth has added to expectations that the outlook could be bumpy....
...But Shimano’s road ahead seems more bumpy than smooth, and taking it requires being well-equipped. During the Covid-19 pandemic, Shimano’s performance was buoyed by a surge in demand for outdoor gear....
...And while the Federal Reserve’s preferred inflation metric should be more benign, this was a reminder that the path back to low inflation remains a bumpy one....
...It had a bumpy ride during the pandemic when sales collapsed as the world shut down and supply chains were derailed, but recovered as people splashed the cash on gadgets....
...Not all of Mallorca’s growing cohort of remote workers want to live up a bumpy access road and keep bees....
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