6-K: Report of foreign private issuer (related to financial reporting)
CRESUD S.A.C.I.F. Y A. Announces Its Results for the Third Quarter of Fiscal Year 2024 Ended March 31, 2024
Fed governor Waller: if high inflation persists until the end of the year, the Fed may adopt a "more positive policy response"
Fed governor Christopher Waller (Christopher Waller) said in a speech on Tuesday that if high inflation persisted into the end of the year, the Fed may have to adopt a "more aggressive policy response" to control it. Mr Waller said he remained confident that the US economy had passed the worst of the COVID-19 epidemic and that labour and other supply shortages would ease over time. I still see supply and demand playing a role in moderating price increases, thereby bringing inflation back to the Fed's 2 per cent target. This could mean that any change in the Fed's key policy interest rate "there is still one."
The Fed's Bullard: Policymakers Can't Expect High Inflation to Dispel
James Bulllard, Governor of the US Federal Reserve Bank of St. Louis, said that the inflation rate is rising at the fastest rate in 30 years. Although there is a certain possibility that it will dissipate in the next six months, the central bank cannot expect this situation to happen. Bullard said he believes the probability that inflation will dissipate and persist is 50%, respectively. Bullard reiterated his hope that the Federal Reserve will begin reducing the size of monthly asset purchases in November and end by the end of the first quarter of next year. Bullard said the growth rate of people infected with the Delta variant virus slowed in the third quarter, but “from an economic perspective
Federal Reserve Chairman Colin Powell: high inflation may ease in the first half of next year
Jerome Powell, chairman of the Federal Reserve, described this year's surge in US inflation as "temporary" and its ambiguous meaning has become a joke on Wall Street. On Thursday, Powell broke away from the formulaic language and offered some insights into how long the factors driving up prices are likely to last. At a hearing before the House Financial Services Committee on Thursday, Mr Powell said the economy was experiencing "very unusual events" in terms of supply constraints. It is hard to see how long it will take to resolve the supply problem, he says. But "We expect these (restrictions) to weaken, with
Hedge fund giant Cohen invests in cryptocurrency quantitative trading companies
Hedge fund owner Steve Cohen (Steve Cohen), CEO of Point 72 Asset Management Company, is continuing to bet on the cryptocurrency market and investing in a cryptocurrency quantitative trading company. The company Cohen invests in is called Radkl. A Point72 spokesperson said that Cohen will invest in his personal capacity and will not participate in Radkl's daily operations. Cohen, the owner of the New York Mets, first ventured into the cryptocurrency space in 2018, when he invested in autonomous, a cryptocurrency-focused hedge fund
Production is too hot! The parking of the factory in Tesla California became a difficult problem, and was forced to rent 900 parking spaces.
As Tesla, Inc. 's plant in Fremont, Calif., produces more electric cars every month, parking problems for its thousands of employees are getting worse, forcing the company to turn to the Bay area Rapid Transit system (BART) next door for help and rent 900 parking spaces. For most of this year, the electric carmaker has been renting hundreds of parking spaces from the Bay area Rapid Transit system at the Hot Springs / Warm Springs/South Fremont station, within walking distance of Tesla, Inc. 's main factory. According to James Ellison (Jame), spokesman for the Bay area Rapid Transit system
Japanese stocks fell. The Nikkei 225 index fell back from its high in more than 31 years.
Recommended reading: the Nikkei 225 index closed at a high of more than 31 years. Cyclical stocks fell on Wednesday, stopping a three-day run of gains, while the Nikkei 225 index fell from its highest level since 1990. The Nikkei 225 index fell 0.6% to 30477.07, down from its 31-year closing high of 30670.10 reached yesterday. The Nikkei relative strength index (relative strength index) has hit its highest level since January. The index is a momentum indicator that can be used to measure the extent to which an asset is overbought or oversold. East
Federal Reserve Beige Book: economic growth slows slightly to moderate level
The Federal Reserve's beige book survey released on Wednesday said that US economic growth slowed slightly to a moderate level and high inflation remained stable. All Fed jurisdictions continue to report overall job growth, the report said. Inflation remains stable and on an upward trend, with prices rising at a strong rate in half of the region. Some jurisdictions noted that the timetable for returning to the office had been delayed due to the spread of the Delta variant virus. Corporate demand for workers continued to grow, but all jurisdictions noted significant labour shortages, which limited job growth and, in many cases, hindered business activity.
“Crash warning”! Legendary investors who successfully predicted the collapse of US stocks twice: US stocks are likely to collapse 70%
Original title: “Crash Warning”! The legendary investor who successfully predicted the collapse of US stocks twice: US stocks may collapse 70% Source: FX168 Although the US stock market has been continuously setting new all-time highs recently, legendary investor John Hussman, who successfully predicted the collapse of US stocks twice, recently warned that investors have ignored the valuation of US stocks that are already too high. He believes that US stocks will plummet 65% to 70%, and investors are facing the risk of large losses. (Screenshot source: Business Insider) Hussman is currently Hussman Inves (Hussman Inves)
Convenience Bee responds to "submitted US IPO Application": not true
Today, some media said that convenience Bee has submitted an application for IPO in the United States. In response, people related to convenience Bee responded that it is not true. Convenience Bee was founded in 2017 by Zhuang Chenchao, CEO of Qunar. In September 2019, convenience Bee announced at the strategic supply partner exchange meeting in 2020 that the number of stores in the country had exceeded 1000. Convenience Bee revealed at the end of 2020 that according to the plan, the number of convenience bee stores will exceed 4000 in 2021, half of which will be located in China's second-and third-tier cities; by 2023, the number of convenience bee stores will reach 10, 000. At present, the convenience bee store is about 2
Labor is scarce in the US, and middle school students working on summer vacations have become sought-after items
With the arrival of summer vacation, the labor shortage situation in the American restaurant and other industries has been temporarily alleviated. Many restaurant, amusement park, and retail store owners have voiced unusual words of gratitude: Thank you to the young people who work in the summer! As the US economy gradually recovers and customer demand increases, middle school students are filling jobs that older people are unable or unwilling to do. Many older Americans have been slow to respond to the record number of job vacancies, which has exacerbated labor tension. Some people have health problems or difficulties in caring for children, but others are just too lazy to find work because of the pandemic
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