Daily Management Review
Economics

Global Manufacturing Output Had A Modest Closure To 2023

With the euro zone's activity declining in December for the eighteenth consecutive month and Asia's industrial powerhouses suffering from China's erratic economic recovery, global factories had a poor end to 2023.   A number of factory purchasing managers' indices that were released on...

2024 Will See An Acceleration In US Profit Growth Despite Economic Risks

Analysts expect that when inflation and interest rates decline in 2024, U.S. business earnings will rise more quickly; nonetheless, concerns about a faltering economy remain.   According to projections compiled by LSEG, S&P 500 earnings are predicted to rise 11.1% overall in 2024 after...

The Euro Zone Economy Probably Went Into Recession In 2023

According to a survey, factory activity in the euro zone concluded 2023 weakly, declining in December for the 18th consecutive month. The survey also showed few indications of an impending robust recovery in what is probably a recessionary economy.   The final HCOB euro zone manufacturing...

2024 Is The Year That Investors Shift To A New Economic Order

Investors seem to be convinced that the main Western central banks are about to make the long-awaited shift from raising to lowering interest rates. As a result, markets rose, but as the globe gets used to an economic system where money is not easily obtained, 2024 may surprise us.   In...

China's Manufacturing Contraction In December Worsens, With Additional Support Expected

Declining for the third consecutive month and weakening more than anticipated, China's manufacturing activity cast doubt on the country's prospects for economic recovery and strengthened the case for additional stimulus measures in the coming year.   In order to support the weak...

Argentina Abandons Its Intentions To Join The Brics Alliance

Argentina has backed out of its intended admission into the growing Brics club of nations, as announced by its new president, Javier Milei. Milei claimed in a letter to the presidents of South Africa, Brazil, Russia, India, and China that decisions made by the previous administration had been...

Pharma Companies Plan To Increase The Cost Of At Least 500 Medications In The US In January

According to data analysed by healthcare research firm 3 Axis Advisors, drugmakers such as Pfizer, Sanofi, and Takeda Pharmaceutical plan to hike prices in the United States on over 500 medications in early January.   The research indicated that the costs of more than 140 prescription...

Significant Increases In Cocoa And Iron Ore In 2023 With Declining Energy Prices

Prices for cocoa and iron ore increased in 2023, but those for coal and natural gas fell. Due to supply shortages and dry weather, most agricultural items are predicted to do better in the New Year than energy and industrial metals.   Following interest rate hikes that slowed global economy...

2024 Is Not Expected To Have A Quiet Beginning

There isn't much time to recover from the New Year's celebrations because the most anticipated U.S. economic report and significant inflation data for the euro area are scheduled for the coming week, indicating a hectic start to 2024.   Ebullient financial markets may soon be put to the test...

China Wants To Secure A Swift Rebound And Increase Domestic Demand

China will work to boost stable growth, guarantee a swift economic recovery, and increase domestic demand, the parliament said in an interim report on the country's 14th five-year plan released on Wednesday.   According to Zheng Shanjie, the president of the official economic planning...
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