Tag: Investment

Investor Gloom Pushes Risk Appetite to Record Low, Says Bank of America Survey

July 19, 2022
Business & MarketsCompanieseconomic growtheconomyinflationInvestmentinvestorsMarketsrecessionstocksUSWorld
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Amid a declining economic outlook, investor growth and profit expectations have hit an all-time low, according to the Bank of America global fund manager survey for July. The closely watched BOA survey, which was released on July 19, polled 259 investors overseeing $722 billion in assets. The survey saw risk assets falling to levels not…

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Investing in China Is Becoming More Risky for US and Foreign Companies

July 19, 2022
American firmsBusiness & MarketsBusiness ColumnistsBusinesses in COVID-19ChinaChina Business & EconomyInvestmentUS-China relations
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News Analysis American and foreign investors in China are experiencing increased risks and lower returns. A candle burning at both ends, the cost of operating in China is increasing, as is the risk. At the same time, a general downturn in the Chinese economy is decreasing investment and preventing consumers from spending money. Harsh economic…

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Why Rental Properties are Still A Good Investment in a Recession

July 19, 2022
Business & MarketsBusiness ColumnistseconomyinflationInvestmentOpinionrecessionrentalViewpoints
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Commentary If you’ve been a real estate investor during the past decade, you likely reaped the benefits of price appreciation. Even if you had only a minimal understanding of how to invest in real estate, you could still watch your home value consistently increase while raising your tenants’ rents every year. In the past two…

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China’s Holdings of US Debt Fell Below $1 Trillion for the First Time in 12 Years

July 19, 2022
Business & MarketsChinaChina Business & Economyeconomyforeign holdingsinflationInvestmentU.S. TreasuriesUSUS-China relationsWorld
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China’s holdings of U.S. Treasury securities fell to the lowest level since May 2010, following a sixth successive month of selling in May, a Treasury International Capital (TIC) report from the U.S. Treasury Department showed. China sold $23 billion of U.S. Treasury securities in May, lowering its total ownership to $980.8 billion, according to the…

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Financial Giants Reject West Virginia’s Claims That They’re Boycotting Fossil Fuels

July 19, 2022
Business & Marketscancel culturecoalCompaniescongressDemocratseconomic policieseconomyFeatured Topicsfossil fuelsGold and CommoditiesInvestmentJoe ManchinMarketsPoliticsRepublicansstocksUSUS NewsWest Virginia
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Six financial institutions that West Virginia Treasurer Riley Moore contacted over their alleged boycotting of the fossil fuel industry have replied, denying the accusations while laying the groundwork for what could be a protracted legal battle. The Epoch Times obtained the letters through a West Virginia Freedom of Information Act request. Moore sent letters to…

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This Ain’t Your Daddy’s Inflation: Part 3

July 18, 2022
Business & MarketsBusiness ColumnistseconomyinflationInvestmentOpinionViewpoints
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Commentary  The Volcker recession of 1981–82 crushed inflation out of the economy, and presented economists with a new challenge: Rather than high and rising inflation, their new dilemma was low and falling inflation. This was a dilemma they were happy to have, and in fact, they took credit for it. They eventually labeled this period…

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Oil Jumps After Biden Fails to Win Saudi Pledge to Pump More Crude

July 18, 2022
Business & MarketsDollareconomyExecutive BranchGold and CommoditiesInternationalInvestmentMarketsMiddle EastOilPoliticsrecessionSaudi ArabiaUSUS NewsWorld
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Oil prices rose on July 18 as the U.S. dollar softened and after President Joe Biden wrapped up his trip to Saudi Arabia, failing to secure a pledge from the Middle Eastern country to boost crude output. Brent crude futures for September settlement rose $2.42, or 2.4 percent, to $103.58 a barrel by 5:30 a.m….

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ANZ to Take Over Suncorp’s Banking Business in $4.9 Billion Deal

July 17, 2022
ANZAustraliaBusiness & MarketsCompaniesInvestmentSuncorpWorld
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Australia’s Suncorp Group has announced that it has accepted a $4.9 billion (US$4.02 billion) deal to take over its banking business from ANZ, one of the big-four lenders in the country. The transaction represents $3.21 per share and is expected to yield net proceeds of $4.1 billion for Suncorp after deducting relevant transaction costs. According…

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Sentiment Gauge Among New York Manufacturers Drops Below Zero for Only 4th Time In History

July 16, 2022
Business & MarketsCompanieseconomic policieseconomyInvestmentMarketsNew York Federal ReserveUSUS ManufacturingUS News
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Manufacturing activity in New York State is expected to decline over the next six months, according to the the New York Fed’s Empire State Manufacturing Survey released on July 15. Economists rely on the index and other regional manufacturing gauges for an early read on factory activity. Manufacturing in New York rose a modest 12.3 points…

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Warren Buffett’s Firm Buys More Occidental Petroleum Shares

July 15, 2022
Business & MarketsInvestmentpetroleumUncategorizedUSUS NewsWarren Buffett
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OMAHA, Neb.—Warren Buffett’s Berkshire Hathaway now controls nearly 20 percent of Occidental Petroleum’s stock after picking up another $250 million worth of shares of the oil producer this week. Berkshire has been investing heavily in Occidental this year, including buying up more than $1.2 billion of the Houston-based company’s stock so far this month. After…

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