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HomeThe Daily Financial Trends

The Daily Financial Trends

The Daily Financial Trends
Trends Make the Portfolio – David Greenberg
Finance

Australian Inflation Skyrockets As Energy Soars The Daily Financial Trends

October 30, 2022 Mariel Alumit

On Wednesday, the Australian Bureau of Statistics (ABS) released data showing that Australian inflation came in at the highest rate since 1990, as prices jumped 7.3% year over year. That was nearly three times the […]

Finance

Canada To Build New Nuclear Small Modular Reactor The Daily Financial Trends

October 30, 2022 Mariel Alumit

Canadian Natural Resources Minister Jonathan Wilkinson announced on Tuesday that Canada Infrastructure Bank (CIB) and a major generating company have joined together in a $970 million deal to fund the construction of Canada’s first nuclear […]

Finance

Japan Announces Economic Package

October 30, 2022 Mariel Alumit

As the Japanese economy continues to be battered by inflation and a weakening yen, the government has announced an economic package worth 39 trillion yen (almost $270 billion) in an attempt to prop it up. […]

Electric Vehicles

EU To Ban All Combustion Vehicles By 2035

October 29, 2022 Mariel Alumit

The EU has agreed to force carmakers to produce a 100% reduction in carbon dioxide emissions by the year 2035. The measure would mean a complete elimination of production and sales of all internal combustion […]

Finance

Bloomberg Survey Predicts Fed Will Overtighten

October 29, 2022 Mariel Alumit

A new Bloomberg survey of economists predicts the Federal Reserve will continue its hawkish policy at its next meeting November 1-2, and that this will lead to interest rates reaching 5% by next March, plunging […]

Finance

Treasury Yield Inverts, Recession Incoming (Or is it already here?)

October 29, 2022 Mariel Alumit

The US Treasury yield spread on the three-month Treasury bill and the ten-year note began going negative this week, signally a near term risk of recession, according to a report in the Wall Street Journal. […]

Finance

Elon Musk Begins Twitter Reorganization The Daily Financial Trends

October 29, 2022 Stu Turley

Elon Musk appeared to have begun firing Twitter employees, as sources said a number of people who appeared to have worked for the social media giant could be seen exiting the San Francisco offices with […]

Finance

US Delays Setting Russian Oil Price Cap Due To Election The Daily Financial Trends

October 29, 2022 Mariel Alumit

US officials have decided to wait until after the November 8th elections in the United States to set the proposed price cap on Russian oil, according to a new report on the matter in the […]

Amazon
Finance

Amazon Stock Collapses After Earnings Report Miss The Daily Financial Trends

October 28, 2022 Mariel Alumit

Amazon shares plunged over 20% in after-hours trading Thursday following a report that missed on sales and revenues for its Amazon Web Services (AWS) cloud business as well as offered lower than expected fourth quarter […]

Earnings
Finance

Apple’s Earnings Report Worries, Shares Down 3% The Daily Financial Trends

October 28, 2022 Mariel Alumit

Apple’s third quarter earnings came in with record revenue, however the company missed on key categories, including iPhone, and services. Revenue came in at $90.15 billion, compared with the expectation of $88.64 billion. Earnings per […]

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