Hints and tips:
...Chair Jay Powell said last week that “it is too soon to say whether the recent readings represent more than just a bump”....
...And while demand for high quality properties remains high, the outlook for low quality buildings is grim....
...The outlook remains grim for this year, according to Morgan Ansell, an economist at consultancy Oxford Economics....
...Jay Powell, the Fed chair, insisted on Wednesday that the key question he and his colleagues are asking is “should we hike more?”...
...This line has been starting to wear a bit thin after the mood turned strikingly grim — even some of the most enthusiastic cheerleaders for public markets have been struggling to put on a brave face....
...This year has been a grim one for the Chinese economy....
...Its outlook was grim, portending flatlining growth, coupled with above-target inflation until late in 2025....
...Curators Jay Clarke, Trine Otte Bak Nielsen and Jill Lloyd have wisely avoided a chronological show. That decision spares us the grim arc of Munch’s decline, which was early and steep....
...The prospect is more grim news for mortgage holders....
...In short, will Fed chair Jay Powell prove as steely an inflation fighter as his predecessor Paul Volcker? ....
...But it also comes against an increasingly grim geopolitical backdrop, with tensions rising between Beijing and Washington particularly around technology....
...The Fed’s mix of grim predictions and slowing interest rate rises have left some frustrated....
...Before that he spent 14 years as a strategist at Barclays Spare a thought for the American first-time homebuyer, for whom things have rarely looked so grim....
...Again with grim predictability, the Fed on Wednesday spoiled the party....
...Digitally resurrected foes Biggie Smalls and Tupac Shakur make peace in a jointly rapped version of Kanye West and Jay-Z’s “N****s in Paris”....
...What made me do a grim double-take, however, was not one of the biggest insured loss figures — quite the opposite....
...“But Thursday’s Bank of England meeting was a reminder that normality for the pound looks pretty grim.”...
...The new landscape In a grim sign of the times, Alvarez & Marsal — one of the world’s biggest corporate bankruptcy advisers — this year set up a sovereign practice for the first time....
...Antoine Bouvet of ING said Friday’s job data was “the icing on the cake” after Fed chair Jay Powell’s “hawkish turn” and high inflation....
...Fed governor Jay Powell signalled that interest rates could rise by half a percentage point at its May meeting....
...Investors were desperate for the slightest sliver of good news from Jay Powell, and it shows....
...Latest for the UK and Europe Wall Street banks warned of the “grim outlook” for the pound as high inflation and an economic slowdown lead to further declines for the UK currency....
...Federal Reserve chair Jay Powell’s congressional testimony last week was mostly boring. But in it, he too hinted at a stagflationary view of oil shocks....
...Jay Powell, the Fed chair, emphasised that point recently, stressing the uncertainty that belies any estimate about its potential effect....
...“Next year was starting to look grim even before this new variant cropped up.”...
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