The pandemic is also leaving economic scars that need to be addressed urgently. While it has dug debts everywhere, the burden risks becoming unbearable for a number of countries, most of which are in Africa. Seventeen countries on the continent are now at high risk of over-indebtedness, compared to four in 2014, and four are … Read more
St. Louis Federal Reserve Bank of St. Louis Governor Bullard said a decision to raise rates at the Federal Open Market Committee (FOMC) meetings in March and May would be desirable, but negatively thought about the benefits of higher rate hikes than expected. Indicated. The Governor will have the right to vote for the FOMC … Read more
Selling pressure on crypto assets (virtual currency) gained momentum on the 24th. Bitcoin hit a six-month low, while other cryptocurrencies recorded even greater declines. Bitcoin temporarily fell 6.8% to below $ 33,000. This has dropped for 6 business days in a row. Ether temporarily dropped by more than 10% to $ 2,160, the lowest since … Read more
When the US stock market plummeted in 2018, Federal Reserve Chairman Powell appeared to support market sentiment. Two years later, when stock prices entered the bear market at the fastest rate ever, the chairman greatly supported the financial system. Investors are wondering what it takes for the Fed chair to regain its informal role as … Read more
Satsuki Katayama, chairman of the Liberal Democratic Party’s financial research, said that the Kishida administration’s review of the quarterly disclosure system for companies “is not intended to reduce the amount of corporate disclosure.” Disclosure of ESG (environment, society, corporate governance) related information such as salaries by gender should be promoted. In an interview with Bloomberg … Read more
The Nasdaq 100 index, which has a large proportion of high-tech stocks, has entered an adjustment phase on the 20th, with the rate of decline from the highest price set on November 19 last year exceeding 10%. Soaring US Treasury yields have made soaring growth stocks less attractive. The Nasdaq 100 index fell 1.3% from … Read more