OPINION: “Long-term inflation expectations, expansive European spending and fresh threats to trade integration could make the next business cycle very different from the last.'
Rocky stock and bond markets are struggling to price in this spring’s three biggest economic shocks: commodity price spikes from Russia sanctions, slowing Chinese demand amid fresh lockdowns and the Federal Reserve’s sharp, hawkish turn.
On current numbers, the U.S. economy still looks robust with workers enjoying good wage growth and ample savings buffers. Spending still looks healthy, and the latest PMI surveys record strong activity even if they reflect some worries over rising prices. The longer the Fed takes to bring prices under control, the greater the risk of higher wages driving higher prices in an upward spiral. Tight commodity markets and slow normalization of supply chains predate the Ukraine invasion and may signal something more enduring is afoot.
Market expectations about long-term European spending discipline—and euro area price stability—could easily slip, too.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
SPDR S&P 500 ETF Trust SPY Stock News and Forecast: Short-term rally likely but not just yetThe S&P 500 (SPY) set a perfect lower low in early trading on Monday before rallying into the close. This sets up the intriguing possibility of a bear
Les mer »
The latest 2022 rankings: These 10 Senate seats are most likely to flip in NovemberOur rankings are shifting in Republicans' favor as May's primaries get underway.
Les mer »
The latest 2022 rankings: These 10 Senate seats are most likely to flip in NovemberOur rankings are shifting in Republicans' favor as May's primaries get underway.
Les mer »
Surging prices force consumers to ask: Can I live without it?Consumer spending habits are starting to shift as inflation rises and people emerge from the pandemic.
Les mer »
SF residents question police response times after weekend sideshows wreak havocMany say it was a weekend of chaos and mayhem in San Francisco after illegal sideshows attracted hundreds of spectators, creating a nightmare for neighbors. Now some are questioning the police response.
Les mer »
Hacking Russia was off-limits. The Ukraine war made it a free-for-all.Experts anticipated a Moscow-led cyber-assault; instead, unprecedented attacks by hacktivists and criminals have wreaked havoc in Russia.
Les mer »