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US inflation
US Economy
US core CPI tops estimates, pressuring Fed as it weighs hike
The consumer price index, excluding food and energy, increased 0.5% last month and 5.5% from a year earlier.
March 14, 2023
US Economy
Traders are starting to put big money on the Fed going to 6%
On Tues,a trader amassed a large position in options that would make US$135 million if the central bank keeps tightening till Sept
February 09, 2023
US Economy
Powell says Fed still has a 'ways to go' after half-point hike
The S&P 500 index dropped as investors digested the news.
December 15, 2022
US Economy
Core US inflation rises to 40-year high, securing big Fed hike
The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982.
October 13, 2022
US Economy
Despite what the Fed is saying about soft landings, history disagrees: Schroders
Economist Keith Wade believes The Fed stop giving "false hope" and start forecasting a recession despite the political outcomes.
September 05, 2022
US Economy
Biden says US recession avoidable after call with ex-treasury secretary Summers
“I think we’re going to be able to get a change in Medicare and a reduction in the cost of insulin," says Biden.
June 21, 2022
US Economy
Aggressive Fed moves back in play as yields surge on CPI shock
Two-year Treasury yields climbed to a 15-year high of 3.19% and the 10-year equivalent added as much as 4 basis points to 3.20%.
June 13, 2022
Cryptocurrency
Bitcoin sinks to 18-month low as US inflation impact spreads
The world’s largest digital token tumbled as much as 9% to below the US$25,000 level -- its lowest since December 2020.
June 13, 2022
Global Economy
Briefs: South Africa sets US$900 million annual mineral exploration target
South Africa has set an annual target of attracting US$900 million of mining exploration expenditure annually by 2025
April 13, 2022
Tong's Portfolio
Negative real returns can be logical at times
The reality is that the stock market is not the economy.
July 30, 2021