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U.S. Treasury Trades Disrupted Amid Record-breaking Year for Ransomware
Quantitative Tightening Goes Full Throttle: How Will It Impact Investors?
Where are Treasury yields headed as the Fed embarks on quantitative tightening?
A record! Pandemic response measures push global debt to $281 trillion
According to a recent study by the Institute of International Finance (IIF), the COVID-19 pandemic caused global debt to increase by 24 trillion US dollars last year, reaching a record 281 trillion US dollars, and the ratio of global debt to GDP exceeded 355%. The IIF's global debt monitoring agency estimates that government aid programs accounted for half of debt growth, while global businesses, banks, and households increased by $5.4 trillion, $3.9 trillion, and $2.6 trillion, respectively. This meant that the debt-to-GDP ratio surged by 35 percentage points to 355%. This increase far exceeds the increase during the global financial crisis
Shares of Musk's Clubhouse company of the same name soared 1000%.
ClubHouse Media Group Inc. (OTCMKTS:CMGR), a company of the same name, soared unexpectedly after the audio social app Clubhouse was ignited by Musk, with its share price soaring more than 1000% so far this year. According to reports, ClubHouse Media, a "marketing and media company for social media celebrities", changed its name from Tongji Healthcare Group Inc. At the end of January this year, and began to focus on promoting its online celebrities and social media last month.
The opening of European stocks generally rose, and the European Stoxx 50 index rose 0.2%
European stocks generally opened higher. The German DAX30 index rose 0.17%, the British FTSE 100 index rose 0.18%, the French CAC40 index rose 0.25%, and the European Stoxx 50 index rose 0.2%.