In Shaw's era, the miners were fighting for a seven-hour working day instead of eight. These days, we are engaged in larger-scale psychological battles. Can we afford to turn our phones to airplane mode as we sleep? What if we miss an important notification and get stuck on the lower rungs of the corporate ladder? … [Read more...] about Is capitalism a runaway car veering off a cliff?
Fred stock market capitalization to gdp
The US fund is investing in some large-cap stocks such as property firms Vingroup (VIC), Vinhomes (VHM) and Vincom Retail (VRE), dairy firm Vinamilk (VNM), steelmaker Hoa Phat (HPG), Vietcombank (VCB), consumer goods producer Masan (MSN), aviation business Vietjet (VJC), brewer Sabeco (SAB), and PetroVietnam Gas (GAS). … [Read more...] about Market steadies amid ETF quarterly review
Q) Do you think there is more pain in terms of GDP numbers in the upcoming quarters? What is the kind of number you are working with? (Goldman and CRISIL see a cut negative 5 percent in FY21)A) Given the complexity of the scenario, making guess-estimated predictions is not a wise strategy but a contraction is imminent. There is enough and more evidence that all predictions can go wrong if the scenario changes. … [Read more...] about ‘GDP numbers are largely discounted by D-St; Nifty could make an attempt to touch 10K’
“Of course, strong policy actions to mitigate climate change would reduce greenhouse gas emissions and future physical risk in the first place, conferring benefits to mankind that extend well beyond the realm of financial stability. Yet, from a financial stability perspective, this transition to a lower-carbon economy needs to be carefully managed to avoid abrupt and unanticipated repricing of portfolios and economic dislocation.” … [Read more...] about Markets not paying attention to climate crisis, IMF says
SHANGHAI: China stocks edged up on Friday to end the week higher, as expectations that Beijing would take necessary measures to underpin the world's second-largest economy overshadowed concerns over escalating Sino-U.S. tensions. At the close, the Shanghai Composite index was up 0.22% at 2,852.35, while the blue-chip CSI300 index was up 0.27%. For the week, SSEC and CSI300 gained 1.4% and 1.1%, respectively. China has room to stimulate an economy trying to recover in the wake of the coronavirus pandemic, but the government does not want to open the "floodgates", Premier Li Keqiang said on Thursday at the end of the annual meeting of parliament. "We have reserved policy room. Be it fiscal, finance, or social security," Li said. China's factory activity likely rose for a third straight month in May as the economy recovered from strict lockdowns implemented to contain the coronavirus outbreak, which has hammered global business activity. Leading the gains for the week, the … [Read more...] about China stocks end higher as stimulus hopes offset Sino-US worries