Though concerns about whether final growth data, which are expected early next year, will show a plus or minus sign in front, are ignoring the wider picture, it appears that the euro zone is in the midst of another recession.   The good news is that a severe contraction that could leave...

According to data from the US Labor Department, consumer prices (CPI) increased 3.2% in October 2023 compared to the same month the previous year. Inflation decreased from 3.7% in September. According to Trading Economics, the consensus estimate called for a slowdown to 3.3%.   After...

According to Goldman Sachs, an improving economic environment, fair prices, and long-term bond yields staying at current levels will allow the European STOXX 600 Index to reach 480 points next year, up 7.5% from its current levels. Since the start of the year, the STOXX 600 Index, which is...

The quest by the auto industry to produce electric car motors with minimal or no rare earth content has reached a fever pitch, with suppliers and automakers from the US, Europe, and Japan vying for market share against China.   Since these motors are the best at producing the torque needed...

According to Trading Economics, the price of lithium carbonate in China dropped below 200,000 yuan ($20.6 thousand) per ton, marking the lowest price in over two years, having peaked in September 2021. The situation resulted from growing stocks accumulated in the face of declining worldwide demand....

The European Central Bank will be able to begin decreasing interest rates in "a couple of quarters," according to ECB President Christine Lagarde at a Financial Times conference. If present rates are maintained for a long enough period of time, she believes inflation in the eurozone will slow to...

When the worst violence in decades rocked the Middle East and rattled the region's business-friendly narrative in October, foreign investors withdrew an unprecedented amount of money from U.S. equities funds that tracked Saudi Arabia.   According to LSEG statistics, the iShares MSCI Saudi...

Any method devised by Homer Simpson to become wealthy quickly almost always backfires.   The poor father in the most recent episode of The Simpsons turns himself and his son Bart into NFTs in an attempt to gain millions of dollars.   When Homer learns that "the NFT craze is over" via...

US President Joe Biden's administration swiftly criticised Moody's for lowering its outlook on the U.S. credit rating to "negative" from "stable" on Friday, citing significant fiscal deficits and a fall in debt affordability.   The action comes after the sovereign's rating was downgraded...