By Graham Summers, MBA
Great news… the economy recovered in Q3!
According to the Bureau of Economic Analysis (BEA), the U.S. economy grew at an annual rate of 2.6% in 3Q22. So all of our...
How quickly things can change. As we got into Friday trading last week, the dollar was in a firm position all before some dovish Fed talk came in and things swung back the...
By Graham Summers, MBA
The financial markets are now experiencing their 3rd “the Fed is about to pivot” delusion.
Ever since the Fed started tightening monetary policy in March 2022, the financial media and social...
Reliance Industries Q2 FY23 (Consolidated, QoQ)
Revenue up 4.3% at Rs 2,32,863 crore
EBITDA fell 25% at Rs 28,416 crore
EBITDA margin at 12.4% vs 15.6%
Net profit down 20% at Rs 15,512 crore
Hindustan Unilever Q2 FY23...
Will continue to put all effort into achieving price targetIt is extremely unfavourable that Japan's inflation oustrips wage growthThe headline remark suggests that we are not likely to see a BOJ pivot of...
US Stock Market Key Points:TheS&P 500, Dow and Nasdaq 100 quiver despite third-quarter corporate earnings resilienceUS Treasury yields hit levels not seen since 2007 amid hawkish remarks by Fed officialsApple, Alphabet, Amazon to...