The Chinese housing bubble.
Archives of “November 1, 2021” day
rssThe best two-month period for the S&P 500 begins.
The best two-month period for the S&P 500 begins.
moments before highest $BTC monthly close ever
Goldman Sachs on the Fed (rate hike coming in July ’22), US tax plan (less of a risk to equities) & COVID-19
Commentary from Goldman Sachs analysts over the weekend across various, but related, topics:
On the Federal Open Market Committee:
- GS tip a US Fed rate hike in July 2022 (previously were at July 2023)
- expect the next rate hike in November of 2022 then 2 hikes per year in 2023 and 2024
On coronavirus:
- By end-2022, we expect the global effective protection rate against infections to rise by 15pp to nearly 70% on a global GDP-weighted basis, still below the herd immunity threshold to eliminate Delta
On the US tax plan:
- the new tax plan appears to pose less of a risk to equities than what we had been assuming
- Based on the new framework, we estimate 2022 EPS growth could increase to +5% compared with our current forecast of +2%
Japan earthquake north of Tokyo – magnitude 5.2
A magnitude 5.7 (earlier reported magnitude) earthquake reported – no tsunami alert issued.
- Earthquake in northern Ibaraki Prefecture
- Mag 5.7
- Depth 50km
Relationship of Ibaraki prefecture to Tokyo city:
Thought For A Day
