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Express News | Amplify Energy Announces Second Quarter 2024 Results, Beta Drilling Results and Updated Guidance
Honda promises to sell only electric vehicles in China after 2030
HMC > Honda is doubling its bet on the world's largest automobile market, promising that all models launched in China after 2030 will be electric vehicles. Previously, its CEO Toshihiro Mibe set a goal for the Japanese automaker to get rid of internal combustion engine vehicles globally by 2040. Honda said on Wednesday that within five years, it will launch 10 electric vehicles under its “E:N series”, including two E:NS1 and E:NP1, which will be launched by its joint ventures in China Dongfeng Honda and Guangqi Honda, respectively. Honda's “e:
Fed Kaplan says the market knows the downsizing is coming, but it's just a matter of when.
Robert Kaplan, president of the Dallas Federal Reserve Bank, said the reduction in central bank asset purchases should be "gradual" and reiterated the view that it would be prudent to start the process sooner rather than later. "if we take our feet off the throttle now, we will have more flexibility to avoid more sudden actions in the future," Kaplan said in an interview with television Michael McKee. "these asset purchases are very important and useful in 2020 and will help at the beginning of this year. Now we don't have a demand problem, we
In the face of high valuations and downsizing prospects Wall Street warns that the best days for corporate bonds may be over
High valuations and the prospect of tapering Fed stimulus have led a growing number of analysts and investors to warn that the best days for the corporate bond market may be over. The reopening of the economy, strong corporate earnings and unprecedented Fed support helped push the risk premium on high-grade and high-yield bonds to their lowest level in more than a decade in the first half of the year. With talk of downsizing looming and the prospect of a gradual rebound in Treasury yields, many on Wall Street warn that it is time for credit investors to take defensive measures. "valuation alone is enough to take a more cautious or at least neutral stance on credit," manage $564 billion
Deutsche Bank survey: young people want to invest nearly half of the stimulus check in stocks
The upcoming US $1.9 trillion economic stimulus package is expected to allow US stocks to welcome another flood of capital inflows. Deutsche Bank recently launched a survey to find out how much money from the US stimulus package is likely to enter the stock market. The survey results show that half of people between the ages of 25 and 34 plan to spend 50% of their stimulus money on the stock market. At the same time, respondents between the ages of 18 and 24 plan to invest 40% of their economic stimulus money in the stock market; those aged 35 to 54 plan to invest 37% of their money in the stock market; and those over 55 years old plan to invest 37% of their money in the stock market.
Apollo is "more optimistic" about inflation and is prepared to take advantage of market turmoil to buy bargains.
John Zito, deputy chief investment officer of Apollo Credit, a unit of Apollo Global Management, said Apollo Global was preparing for inflation-induced market volatility to seize opportunities to acquire misplaced credit assets. "all the signs of inflation are picking up, but they may not be sustainable in the long run. We are more optimistic about the world situation and inflation. " "the question is whether inflation will cause greater market volatility," Zito said in an interview with Bloomberg. If rising inflation does scare other investors, Apollo is ready to use its latest credit flagship mistake
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