October 30, 2023 United States: Middle-Class Americans Are Rattled by Fed’s Fight Against Inflation Despite roaring growth and a resilient job market, more middle-class Americans are worried about the state of the economy than a year ago, a Harris Poll for Bloomberg News has found. One big reason: The rapid increase in interest rates
October 27, 2023 United States: Central Bank Still Weighing US Digital Dollar, Fed’s Barr Says The Federal Reserve’s top bank watchdog said officials continue to study a potential digital dollar, and haven’t yet made a decision whether to recommend that the US central bank launch a virtual currency. Barr reiterated Friday that the Fed
October 26, 2023 Gas Price Movement - October 26, 2023 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no
October 26, 2023 United States: US Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021 The US economy grew at the fastest pace in nearly two years last quarter on a burst of consumer spending, which will be tested in coming months. Gross domestic product accelerated to a 4.9% annualized rate, more
October 25, 2023 Dolla Financial Services Limited (DOLLA) for the nine months ended September 30, 2023, reported an 88% increase in total interest income to $891.99 million compared to $475.22 million in the corresponding period last year. Total interest income for the third quarter had a 70% increase to close at $301.37 million compared
October 25, 2023 United States: Strongest US Economic Growth Since 2021 Puts Fed in Tough Spot The US economy likely expanded in the third quarter at the fastest clip in nearly two years, a surprising acceleration primarily powered by a consumer reaping the benefits of resilient job growth, rising wealth and easing inflation. Gross
October 24, 2023 According to the Federal Statistical Office (Destatis), Germany’s producer prices for industrial products fell 14.7% in September relative to September 2022, down 0.2% compared to August 2023. This was the greatest year-on-year fall since 1949. In August 2023, the year-on-year change rate was -12.6%, mainly due to a base effect from
October 24, 2023 United States: Deficit Doubling as US Economy Grows Shows Why Yields Are at 5% In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting a dire fiscal trajectory likely to only worsen the partisan budget battles in Washington. The government ran a $2.02
October 23, 2023 Monthly Economic Review - September 2023 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part
October 23, 2023 United States: Treasury 10-Year Yield Breaches 5% for First Time Since 2007 The 10-year Treasury yield crossed 5% for the first time in 16 years, propelled by expectations the Federal Reserve will maintain elevated interest rates and that the government will further boost bond sales to cover widening deficits. The yield
