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Panic Ordering by Retailers Is Making the Supply Chain Crisis ‘Even Worse’
Postet: 20.10.2021
Retailers and manufacturers are overordering or placing orders too early as they panic over the supply chain crisis, and that's not helping, experts told CNBC.
Inflation Is Approaching a Tipping Point at the Grocery Store: WSJ
Postet: 20.10.2021
Confident consumers have swallowed higher supermarket prices so far this year, but the risk of indigestion is growing. For companies that make staple goods, asking for more money is delicate.
Inflation Hits 4.4% in Canada, Deepening Central Bank Challenge
Postet: 20.10.2021
Inflation exceeded the Bank of Canada’s control range for a sixth straight month, worsened by supply chain bottlenecks that are proving stubbornly persistent.
Weekly Mortgage Demand Drops Over 6% After Interest Rates Move Even Higher
Postet: 20.10.2021
Climbing mortgage interest rates caused another drop in mortgage demand for both refinances and home purchases.
Paul Tudor Jones Says Inflation Could Be Worse Than Feared, Biggest Threat to Markets and Society
Postet: 20.10.2021
Billionaire hedge fund manager Paul Tudor Jones believes that inflation is here to stay, posing a major threat to the markets and the economy.
Democrats “Are Going To Go After Ordinary People” With Massive Spending Bill: Rand Paul
Postet: 20.10.2021
Paul continued, “The other lie is that this won’t affect anyone over $400,000.” “If you look at the sifting through our bank accounts and either at $600 level or even a higher dollar level when the IRS goes through all of their bank accounts; All that comes in, all that comes out. 75% of that money is on people making less than $100,000 per year,” Paul explained.
Big Money Managers Hoard Cash, Dump Bonds As Inflation Fears Mount: Cash Levels Hit 12-Month High
Postet: 20.10.2021
Investors looking for contrarian plays should sell the U.S. and technology to protect against a "rate shock," and those worried about a "growth shock" should position long bonds, utilities, staples and short banks, energy and commodities, according to the survey.
Gold Futures Poised for Back-to-Back Gains, Despite Treasury Yield’s Rise
Postet: 20.10.2021
Gold futures were higher for a second day Wednesday, even as the precious metal was confronting bearish factors, including rising Treasury yields and a slight rise in the U.S. dollar during the session.
Gold Trading in Moscow Gets a Boost After London Tie-Up
Postet: 20.10.2021
“We hope for the similar impressive growth in 2022,” Igor Marich, managing director for sales and business development at the exchange, said in an interview. “The Russian gold market has long b
MBA Economist Says Inflation Not Transitory: Projects Several Years of High Inflation Rates
Postet: 20.10.2021
Inflation is rising at its highest rate in more than a decade, a trend that one economist believes could continue for the next several years.