British PPI
Investors Anxious Over Several Matters
January 25, 2023
Although down from 2022 highs in many places, inflation remains too elevated for central bankers to feel comfortable. Many data including this week’s spate of purchasing manager surveys are consistent with a contraction of GDP in this first quarter of 2023. The war in Ukraine and proliferation of mass shootings in the United States are […] More
8.9 Earthquake in Northeast Japan, Tsunami Warnings in the Pacific
March 11, 2011
Risk avoidance has been reinforced by Japan’s strongest quake in 100 years and the world’s severest in six years. Hawaii and other Pacific coasts are under a tsunami warning. Stocks fell sharply, but the yen is higher on view that quake will generate capital repatriations to Japan. Other concerns weighing on markets are 1) the […] More
