19th July 2021
- Fed Has a Sunny View of Inflation While Companies See the Clouds
Conagra and PepsiCo believe that higher costs will be lasting
Inflation has become a central theme this earnings season
https://blinks.bloomberg.com/news/stories/QW76RNT1UM0X
- Yellen Expresses Doubts on Results of Trump’s China Trade Deal
Some U.S. tariffs hurt consumers, Yellen tells New York Times
Deal is one area of stability amid increasingly fractured ties
https://blinks.bloomberg.com/news/stories/QWG57ST0AFB6
- Global Growth Boom May Disappoint, Morgan Stanley’s Sharma Warns
Fault lines include U.S. consumers, China’s tech crackdown
Zombie companies will inevitably drag on creative destruction
https://blinks.bloomberg.com/news/stories/QWBEFCT0AFBA
- Oil Retreats on OPEC+ Deal to Ramp Up Output, Threat From Delta
Group set to add 400,000 barrels a day each month from August
UAE and others get higher production quotas from May next year
https://blinks.bloomberg.com/news/stories/QWH6OZDWX2PX
CLICK HERE TO READ THE FULL ARTICLE
For more information please contact Rubrics Asset Management. info@rubricsam.com.