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Home2022

Year: 2022

Finance

New Anti-ESG Fund Raises Over $100 Million The Daily Financial Trends

August 19, 2022 Mariel Alumit

The rise of the Environmental, Social, and Governance investment strategy was based on the idea that companies which adhered to the ethos of the Environmental movements, Social Justice movements, and responsible governing movements would outperform […]

Fed
Finance

Fed Minutes Point To 50 Basis Point Hike Next, But Data May Indicate 75 Points More Likely The Daily Financial Trends

August 19, 2022 Mariel Alumit

FOMC July meeting minutes were released, revealing that Federal Reserve officials feel that additional interest rate hikes will be necessary over the coming months, and such hikes will continue until they see evidence that inflation […]

Finance

Dodge To Discontinue All Combustion Muscle Cars The Daily Financial Trends

August 19, 2022 Mariel Alumit

Dodge announced it will cease producing V8 powered muscle cars soon. The auto manufacturer has announced that it will cease production of its current Challenger and Charger muscle cars by December 2023, replacing them with […]

Jamie Dimon
Finance

Jamie Dimon Puts The Odds Of A “Harder Recession” Or “Something Worse” At 40-60% The Daily Financial Trends

August 19, 2022 Mariel Alumit

CEO Jamie Dimon made waves with a conference call he had with some of JP Morgan’s wealthier clients. On the call, Dimon noted the economy appeared to be “strong,” however he said there were “storm […]

Finance

Gazprom Predicts European Gas Prices To Nearly Double In Winter To $4,000 Per 1,000 Cubic Meters The Daily Financial Trends

August 19, 2022 Mariel Alumit

Gas giant Gazprom says it is entirely possible European gas prices could hit $4,000 per 1,000 cubic meters in the coming winter, just as spot prices hit $2,450 on the London ICE exchange. Gazprom said […]

Apple Watch
Finance

Apple Moving Production Lines Out Of China, To Vietnam The Daily Financial Trends

August 19, 2022 Mariel Alumit

Two of Apple’s iPhone manufacturers, Luxshare Precision Industry, and Foxconn, have begun testing Apple Watch manufacturing in a new facility in northern Vietnam. And now Nikkei Asia is reporting the iPhone maker is looking to […]

Finance

China Rations Electricity To Manufacturers In Southwest Due To Drought The Daily Financial Trends

August 19, 2022 Mariel Alumit

China is shuttering factories in the southwest as a worsening drought has begun to limit hydroelectric energy generation at several reservoirs, triggering rolling blackouts across cities in the region. Added to worsening outlooks in the […]

Finance

Target Profits Down 90% In Q2 The Daily Financial Trends

August 19, 2022 Mariel Alumit

Target’s second quarter profits fell 90%, missing expectations massively, as customers weighed down by inflation pulled back on spending on non-essential items. Most retailers have been having a tough run, being forced to cut prices […]

Russia
Finance

Russia Thrives Under Sanctions As Oil Earnings Up 38% The Daily Financial Trends

August 19, 2022 Mariel Alumit

A mixture of rising oil prices will combine with increased demand for Russia’s discounted crude, pumping up oil exports. Those exports will raise Russia’s earnings from oil 38% to $337.5 billion this year, according to […]

Enverus

A Midstream Operator’s First Mover Advantage in CCUS

August 19, 2022 Mariel Alumit

Part 1: Pinpointing CO2 emitters Global alignment on net zero policies, Wall Street sentiment, and large tax credits from the U.S. and Canadian governments for carbon capture investment, are leading to exciting new opportunities for […]

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