Consumers’ minds matter. A consumer sentiment index measures the degree to which individuals feel optimistic about their ability to make purchases in the near future. When assessing the economy as a whole and an individual’s...
Saudi Arabia’s national oil producer Aramco achieved “record” profits totaling $161.1 billion, a nearly 50% increase. The firm saw prices skyrocket after Russia invaded Ukraine, leading to soaring global energy prices. Aramco, the mostly Saudi...
Retailers are already spending — and making — money in the metaverse. But can a virtual shopping experience ever be as fun? The numbers were all too real for a company betting on the power...
The market has not changed its mind. Following Brainard’s comments yesterday the market had downgraded the chances, which were already modest, of a Fed hike next week. The September Fed funds futures is unchanged on...
In the last thirty years, volatility has been always of a major concern to the financial community. The main turning point that put the volatility importance forward is probably the crash of October 1987, commonly...
