Daily Management Review
Economics

Global chip sales in February grow the most in almost two years

In February, global chip sales reached $46.17 billion, up 16.3% from $39.7 billion in the same month the previous year, according to a Semiconductor Industry Association (SIA) press release. They did, however, decline 3.1% from January. According to SIA President and CEO John Neuffer, who was...

According To Biden, The US Economy Is The Best In The World. Trump Refers To It As A "Cesspool." But The Data Is Open

US President Joe Biden is battling to persuade citizens who are weary of inflation that the US economy is doing well.   He made a statement that is essential to his reelection campaign on Monday, telling NBC's "TODAY" that "America has the best economy in the world."   The United...

ECB may start cutting rates ahead of the Fed

Since inflation in the eurozone is slowing down sooner than anticipated, the European Central Bank may begin loosening monetary policy before the U.S Federal Reserve, writes the Financial Times. In the eurozone, the rate of increase in consumer prices in March decreased from 2.6% in February to...

Inflation in Turkey rises to 68.5%

The Turkish National Statistical Institute released data on inflation in the nation. The rate of inflation in March of this year was 68.5%.  This year's inflation rate in February was 67.1%, which was somewhat less. The price rises in the hotel sector (+5.6%), catering (3.9%), and education...

Markets Await The Aftershock In Tech Supply Chain Following Taiwan Earthquake

A stress point in the global supply chain has been affected by the largest earthquake to strike Taiwan in at least 25 years.   The chipmaker TSMC produces 90% of its chips on the island; it also opens new tabs. Although its operations are primarily located on the opposite coast from the...

Growing Treasury Yields Put Highly Valued Us Equities To The Test

The next recent test of a rally that has driven U.S. stocks to all-time highs and increased their price may come from rising Treasury yields.   Even if Treasury yields have accelerated their rise in recent weeks, the S&P 500 managed to gain 10% in the first quarter due to expectations...

India Aspires To Overtake China As The Leading Manufacturing Substitute. However, It Must Defeat Vietnam First

India hopes to overtake Vietnam as the region's leading manufacturer as businesses move away from China, but it must first reduce tariffs and boost the effectiveness of its supply chain.   A "friendshoring" strategy has been adopted by the US as rivalry with China grows. The Biden...

PMI in the U.S. industry shows growth for the first time in a year and a half

In the US industrial sector, the Purchasing Managers Index (PMI) was 50.3 points in March, reports the Institute for Supply Management (ISM). Business activity is growing when the PMI is above 50. As a result, the American industry experienced growth in activity for the first time since September...

China's Data Beats Forecasts, Giving Policymakers More Time To Find Out A Solution

Analysts noted that China's $18.6 trillion economy has avoided several short-term negative risks that were indicated by recent indications, giving officials more time to persuade investors that they can ignite a new growth engine for 2024 and the years to come.   Economic data from January...

Though China Is A Major Factor, East Asia Is Growing Faster Compared To The Rest Of The Globe: World Bank

Although developing East Asia and the Pacific is growing faster than the rest of the globe, the globe Bank predicts that in 2024 the region's growth would likely decelerate due to challenges in China and general policy uncertainty.   “It is a region that is still outperforming the rest of...
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