Weekly Commentary and Stock Recommendation: 6th November – 10th November 2023
Global Economy According to the Chinese National Bureau of Statistics, China’s headline Consumer Price Index (CPI) declined by 0.2% YoY in October 2023 (vs. negative 0.1% in September 2023). On a MoM basis, CPI edged lower by 0.1% in October 2023 (vs. a 0.2% gain in September 2023). The headline figure was dragged by a […]
Weekly Commentary and Stock Recommendation: 30th October – 3rd November 2023
Global Economy Earlier this week, the US Federal Reserve (Fed) kept interest rates constant at 5.25%-5.50%. The Fed has struggled to determine whether rates may be tight enough to control inflation, or whether a resilient US economy may need still more restraint. Current inflation remains far above the Fed target rate of 2%, and annual […]
Weekly Commentary and Stock Recommendation: 23rd October – 27th October 2023
Global Economy According to the US Bureau of Economic Analysis (BEA), US Real Gross Domestic Product (GDP) increased at an annual rate of 4.9% in Q3:2023 (vs. 2.1% in Q2:2023), according to its “advance” estimate. Compared to the second quarter, the acceleration in real GDP in Q3:2023 reflected increases in consumer spending, private inventory investment, […]
Weekly Commentary and Stock Recommendation: 3rd October – 6th October 2023
Global Economy Earlier this week, according to Eurostat, Eurozone retail sales in the 20 countries sharing the Euro fell 1.2% MoM in August 2023 (vs. -0.1% MoM in July 2023). In August 2023, the calendar adjusted retail sales index decreased by 2.1% YoY in the euro area. The monthly fall was caused mainly by a […]
Weekly Commentary and Stock Recommendation: 10th July – 14th July 2023
This is a brief summary of the economic events that occurred this week in the global and domestic space. This report also provides investment strategies for investors in the coming week. Global Economy Earlier this week, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) data for June 2023. In June, the […]
