April 12, 2023 United States: US Core CPI Jumps Again While Showing Some Hints of Moderating A key measure of US inflation remained brisk but showed hints of moderating in March, likely keeping the Federal Reserve on track to raise interest rates once more next month. The core consumer price index — which excludes
April 11, 2023 United States: US Small Businesses Face Worst Credit in a Decade After SVB More US small businesses reported having greater difficulty getting a loan in March after multiple bank failures led to a further tightening of credit conditions. A net 9% of owners who borrow frequently said financing was harder to
April 6, 2023 Gas Price Movement - April 6, 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
April 6, 2023 United States: US Profits Set for Pandemic-Sized Drop, Goldman Strategists Say The approaching US earnings season is expected to be the gloomiest since the pandemic, according to Goldman Sachs Group Inc. strategists. Analyst consensus expectations are for S&P 500 earnings-per-share to fall 7% in the first quarter from a year earlier,
April 5, 2023 United States: Fed’s Mester Says Rates Should Rise Above 5%, Stay for Some Time Federal Reserve Bank of Cleveland President Loretta Mester said policymakers should move their benchmark rate above 5% this year and hold it at restrictive levels for some time to quell inflation, with the exact level depending on
April 4, 2023 United States: Jamie Dimon Warns US Banking Crisis Will Be Felt for Years Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed. That’s JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon’s
April 3, 2023 United States: Treasuries Fall as OPEC+ Disrupts Fed-Pivot Wagers: Markets Wrap Global markets made a shaky start to the second quarter of 2023 as OPEC+’s surprise plan to cut oil production revived concerns of elevated inflation and pushed traders to prune their wagers on a dovish tilt by the Federal Reserve.
March 31, 2023 United States: Collins Says History Shows Fed Must Stay Course on Inflation Federal Reserve Bank of Boston President Susan Collins said that there’s “more work to do” to bring inflation down and that while “we’re likely to see at least some” credit tightening as a result of recent banking turmoil, it
March 30, 2023 Gas Price Movement - March 30, 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
March 30, 2023 United States: US Corporate Profits, Gross Domestic Income Fell at End of 2022 US corporate profits declined in the fourth quarter and a key gauge of economic activity stumbled as companies battled rising costs and softer demand against a backdrop of higher borrowing costs. Adjusted pretax corporate profits fell 2% in
