Goldman Sachs: The impact of the Delta strain on the US economy is relatively “mild” even if it triggers the epidemic

Goldman Sachs: There is no clear link between recent COVID-19 cases and consumer spending. As consumer activity rises, vaccination volumes continue to increase. Goldman Sachs economists believe that, thanks to widespread vaccination, the potential rebound of the epidemic caused by the delta mutated strain will not weaken US consumer spending. Goldman Sachs analyst Laura Nicolae wrote in her report to clients that in some regions where COVID-19 cases have increased in recent weeks, there is little sign that restaurant reservations and broader consumer spending are slowing, while data from the UK on the other side of the Atlantic also shows that the country's recent surge in cases has had little impact on economic activity

新浪財經Jul 14, 2021 01:18

Long-term inflation expectations in the US bond market fell to their lowest level since March

The 30-year break-even inflation rate fell to 2.18 per cent, the lowest level since March. Inflation fears are now receding, from equities to commodities, most notably the US Treasury market, which has been hit by a general decline in inflation expectations. Long-term Treasury yields fell in a spiral this week. The 30-year break-even inflation rate, which reflects inflation expectations over the next three decades, fell to 2.18 per cent, the lowest level since March, when the interest rate peaked at 2.41 per cent, and investors were reluctant to hold assets betting on reflation. In fact, break-even inflation is lower than last week for all terms. Until recently

新浪財經Jul 9, 2021 01:59

Emerging market ETF recorded its largest inflow since early April, doubling from the previous week

Investors poured more than $1 billion into emerging market exchange traded fund (ETF) last week, the most since early April, as the global economic outlook strengthened to boost risk appetite. According to compiled data, US-listed developing country ETF and country-specific ETF received inflows of $1.03 billion in the week to May 21, more than doubling from the previous week. This is the 29th consecutive week of inflows into such funds, with a total inflow of $43.2 billion, of which $26.2 billion this year. The largest inflow of capital is US $7.3 billion, iShares Ann.

新浪財經May 25, 2021 03:04

Amazon's acquisition of MGM for nearly $9 billion will be the second largest acquisition in the company's history.

Amazon is reported to be close to a deal to buy MGM (MGM), an American classic film production company, worth about $9 billion. The deal could be concluded as soon as this week, the report said. It will be Amazon's second-largest acquisition ever, after whole Foods's $13.7 billion deal. MGM representatives have been hoping for months that the purchase price could reach $9 billion, but industry insiders believe it is worth about $5 billion. MGM is the producer of the James Bond films. It also owns the Epix cable channel and has produced "the Story of the maid" (The Han.

新浪財經May 25, 2021 02:51