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HomeThe Daily Financial Trends

The Daily Financial Trends

The Daily Financial Trends
Trends Make the Portfolio – David Greenberg
Electric Vehicles
Electric Vehicles

Consumers Reports Finds Electric Vehicles Still Having Tech Kinks Worked Out

November 16, 2022 Mariel Alumit

In its recent survey of vehicle reliability, released Tuesday, Consumer Reports found electric vehicles rated among the least reliable vehicles out there, as manufacturers continue to work out the kinks in the new technologies they […]

IMF
Finance

IMF’s Forecast For Global Economy Is Gloomy The Daily Financial Trends

November 16, 2022 Mariel Alumit

In its latest report compiled for the G20 summit, the International Monetary Fund (IMF) has downgraded the forecast for the global economy, noting that the “outlook is gloomier” than it had previously expected. Since January, […]

Stock
Finance

French Stock Exchange Overtakes UK’s In Valuation The Daily Financial Trends

November 16, 2022 Mariel Alumit

Paris overtook London in the competition to host Europe’s biggest stock market on Monday, according to a new report from Bloomberg. The strong performance by luxury brands like Louis Vuitton and Gucci combined with hopes […]

Inflation
Finance

Consumer Fears over Inflation Grew In October The Daily Financial Trends

November 16, 2022 Mariel Alumit

Concern among Americans over inflation grew in October, due to fears of a sudden surge in gasoline prices, according to a Federal Reserve survey released on Monday. The New York Fed’s monthly Survey of Consumer […]

Chinese
Finance

Chinese Real Estate Stocks Rise On Bailout Plan

November 16, 2022 Mariel Alumit

On Monday, Chinese property stocks and bonds were up sharply on news of a new support package for the debt-stricken sector, announced by banking regulators. Analysts hailed the package, which was designed to boost liquidity […]

Finance

Atlanta Fed President Raphael Bostic Says Inflation Not Responding Thus Far

November 16, 2022 Mariel Alumit

On Tuesday, Atlanta Federal Reserve President Raphael Bostic said he sees little evidence inflation is responding to the actions of the Federal Reserve thus far, and he believes borrowing costs will have to rise before […]

Finance

FTX Contagion Begins To Spread

November 16, 2022 Mariel Alumit

Due to its association with the FTX exchange, cryptocurrency Solana continued to fall for a third day Monday, dropping to roughly $14 per token. That represents a fall of roughly 95% from its all-time high […]

Americans
Finance

Americans Continue To Take On More Debt As Economy Sputters

November 16, 2022 Mariel Alumit

Amid a surge of credit card borrowing, Americans continued to raise the amount of debt they have taken on in the fourth quarter, even as mortgage borrowing declined amid rising interest rates and increased borrowing […]

German
Finance

German Policy Is To Prevent China Investment In Critical Sectors – U.S. Should follow their lead.

November 15, 2022 Mariel Alumit

German Vice Chancellor and Economy Minister Robert Habeck recently clarified Germany’s position on trade with China, saying that while Germany has no aversion to trade with China overall, there will be certain sensitive areas in […]

Eurozone
Climate Crisis

Eurozone Sees Wood Thefts Rise As Energy Prices Skyrocket

November 15, 2022 Mariel Alumit

In the last ten months, roughly 150 cubic meters of roundwood worth €10,400 ($10,388) has been stolen from private forests in Estonia, according to a report by state broadcaster ERR this week, based on data […]

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