Daily Management Review
Economics

Worst Performance Since March 2020 In November For Hedge Funds Due To Omicron-Linked Volatility

November appears to have been the worst month for global hedge fund performance since the novel coronavirus initially shut down economies at the outset of the Covid-19 epidemic, thanks to Omicron-fueled market volatility.   According to early statistics from industry analysis company...

Reuters: S&P 500 to rise by 7.5% in 2022

According to analysts and strategists surveyed by Reuters, the S&P 500 index would climb 7.5 percent from the beginning of December this year to the end of 2022, bringing it to 4,910 points. This is much lower than the predicted growth in 2021, when the S&P 500 is expected to rise by 21% over...

Fed: US economy grows moderately but is held back by supply disruptions

The US economy grew at a moderate pace in most counties in October and November, but growth was held back by supply chain disruptions, according to the Beige Book, a summary of the Federal Reserve's (Fed) comments on the country's economic situation. "Economic activity grew at a moderate pace in...

IATA: Global air cargo traffic increased in October

Global air cargo volume grew by 9.4% in October 2021 compared to the same period in 2019, the International Air Transport Association (IATA) said in a press release. In September, the same growth rate was 9.1%, the release noted. The October 2021 to October 2020 growth rate is estimated at 13.5%....

JPMorgan expects rally on exchanges despite Omicron spread

JPMorgan analysts predict that the spread of the omicron strain will not stop the rally in stock exchanges. They believe vaccines and new coronavirus drugs will help cope with it. JPMorgan strategists predict that the new strain of coronavirus will not stop the growth in the global stock market,...

Fed's Jerome Powell Hints Fed’s December Meeting Could Decide On Faster Bond-Buying Tapering

US Federal Reserve Chair Jerome Powell has said that central bankers of the country would consider the ending their asset purchases a few months earlier than expected in their scheduled meeting in December as Powell cited a robust economy, but stagnant job growth, and high inflation that is...

Rating Agencies Warn Of Risks To Global Economic Recovery Posed By Omicron Covid-19 Variant

After the World Health Organization declared the Omicron Covid-19 variant held a very high risk of infection increases, rating agencies Fitch Ratings and Moody's Investors Service cautioned that the variety might damage global economic prospects while also pushing costs higher.   "The...

Negotiations on Iran nuclear deal resume in Vienna

Talks between the US and Iran on a return to the terms of the nuclear deal have resumed in Vienna. Iran considers a prerequisite for the resumption of the deal to be the lifting of US sanctions, which President Donald Trump imposed in 2018. He attributes his actions to the build-up of its nuclear...

Oil Demand Recovery Threatened By Omicron Following Hit Due To Rising Covid-19 Cases In Europe

Asian crude refiner's margins plummeted to their lowest levels in almost five months, amid concerns about this Omicron coronavirus variant could cause another setback to the oil demand growth, already battered by the rising number of Covid-19 instances in Europe.   International governments...

Capital Economics: Asia keeps low inflation and stable supplies

Capital Economics: Independent macro researchhttps://www.Asia is still the only area that hasn't witnessed a significant increase in inflation. According to Capital Economics specialists, because these nations haven't imposed long-term limitations, there hasn't been a jump in demand when the limits...
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