25/06/2021
โญโฃ ๐ฑ ๐ง๐ต๐ถ๐ป๐ด๐ ๐ฌ๐ผ๐ ๐ ๐ถ๐ด๐ต๐ ๐๐ฎ๐๐ฒ ๐ ๐ถ๐๐๐ฒ๐ฑ ๐ง๐ต๐ถ๐ ๐ช๐ฒ๐ฒ๐ธ โฃโญ
The BOEโs statement this week was a little more optimistic than we were expecting, and it gave us no hints on the rollout of future rate hikes. If inflation begins to slow by mid-2022, then we expect the first hike to occur towards the start of 2023
On Tuesday, Jerome Powell reiterated the Fed's dovish stance towards monetary policy. This follows the turmoil created by Fed officials last week, who moved forward the forecast schedule for interest rate hikes from 2024 to 2023. Stock traders await details of when the monthly bond purchases of $120 billion, will be pared back.
Fauci says that the Delta variant now accounts for 20% of new Covid cases in the U.S,and is set to become the dominant strain in just a few weeks, he has said that the variant has a doubling time of about two weeks has โjust exploded in the U.K. It went from a minor variant to now more than 90% of the isolates in the U.K.โ
The US-China tensions ramp up as the US has now banned imports of solar panel material from Chinese companies, claiming they were involved with the exploitation of Uyghurs and other minority groups in Xinjiang.
China looks set to crackdown on 90% of the Bitcoin mining which takes place there due to the environmental impact. With many miners fleeing the country in a share which represents 65-75% of all global mining capacity currently, this could make mining more profitable elsewhere.
๐ ๐ช๐ฒ๐ฒ๐ธ๐ฒ๐ป๐ฑ ๐๐ผ๐ป๐๐ฒ๐ป๐ ๐ฅ๐ฒ๐ฐ๐ผ๐บ๐บ๐ฒ๐ป๐ฑ๐ฎ๐๐ถ๐ผ๐ป ๐
John Stankey as the CEO of made one of the biggest corporate about turnโs in history by
separating WarnerMedia from AT&T. That came just under 3 years after the former CEO closed this $100 billion deal. This was an admission that merging a large content asset with a wireless phone company just wouldnโt work. Infact, WarnerMedia started weighing heavily upon AT&T shares, which began underperforming both and ever since the acquisition in 2018.
As the President, CEO and Director of AT&T, John Stankey gets paid $22,473,000. Did the decision to bring him on board pay off for the firm?
Watch this fascinating interview between John Stankey at the Economic Club of Washington DC and learn something new this weekend:
Have a super weekend!
๐ด๐ตBreaking News ๐ต๐ด
๐๐ฎ๐ป๐ธ๐ถ๐ป๐ด ๐ฆ๐๐ผ๐ฐ๐ธ๐ ๐๐น๐๐ถ๐ป๐ด ๐๐ถ๐ด๐ต๐ฒ๐ฟ
The US Banking Stress Tests conducted show that the major US banks could withstand another recession....
๐ ๐ช๐ต๐ฎ๐ ๐๐ผ ๐ช๐ฎ๐๐ฐ๐ต ๐
๐ถ$PAYX HR and payroll services provider Paychex has added 11.9% to its share price in 2021 so far, with its share price now more than 15% above its...
โ๏ธ ๐๐ฎ๐ถ๐น๐ ๐ฉ๐ผ๐น๐๐บ๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ โ๏ธ
๐Top 10 instruments with the highest surge in trading volumes yesterday๐
Here are the Top 10 instruments available to...
๐๐๐ฎ๐ถ๐น๐ ๐ ๐ฎ๐ฐ๐ฟ๐ผ ๐๐ป๐๐ถ๐ด๐ต๐๐ ๐
๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ถ๐ป๐๐๐ถ๐๐๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฎ๐ฑ๐ผ๐ฝ๐๐ถ๐ผ๐ป
is -47% off highs in 15th correction of decade, but still one of best performing...
