As the world sinks into an era of ever-lower interest rates and a chasm of negative-yielding bonds, Japan’s experience offers investors an invaluable precedent.
— Read on www.bloomberg.com/news/articles/2019-07-28/years-of-living-dangerously-japan-s-low-yield-warning-to-world
Beyond Meat’s $13.4 billion market cap is ‘beyond ridiculous’
Beyond Meat’s 800%-plus run to new all-time highs has experts calling the stock a “no-touch” zone for investors.
— Read on www.cnbc.com/2019/07/26/beyond-meats-13point4-billion-market-cap-is-beyond-ridiculous-investor.html
Draghi Shouts Louder at Germany as ECB Scrapes Stimulus Barrel
(Bloomberg) — Mario Draghi is shouting louder than ever for help with the euro-area economy, and still no one is listening.After stating that the outlook is getting “worse and worse,” the European Central Bank president said on Thursday it is “unquestionable” that governments will need to pitch in with
— Read on ca.finance.yahoo.com/news/draghi-shouts-louder-germany-ecb-020010819.html
Japan’s Banks Are Running Out of Room to Cope With Negative Rates
(Bloomberg) — Japanese banks have spent more than three years trying to flee negative interest rates at home by ramping up lending abroad. Now their escape routes are closing.Declining global rates are buffeting the country’s three largest lenders as they prepare to post fiscal first-quarter results
— Read on ca.finance.yahoo.com/news/japan-banks-running-room-cope-200000282.html
Bank of Russia Cuts Key Rate and Signals More Easing to Come
(Bloomberg) — The Bank of Russia reduced interest rates for a second time this year and signaled more cuts to come, as inflation and economic growth slow.The key rate was cut to 7.25% from 7.50%, according to a statement published on Friday. The move was forecast by all but one of the 40 economists
— Read on ca.finance.yahoo.com/news/bank-russia-cuts-key-rate-114021159.html
ECB signals rate cut, QE ahead as global stimulus push picks up – BNN Bloomberg
ECB signals rate cut, QE ahead as global stimulus push picks up – BNN Bloomberg
— Read on www.bnnbloomberg.ca/ecb-set-to-signal-rate-cut-as-economy-slows-1.1292095
Nissan’s pain worsens on 99% profit plunge, 12,500 job cuts – BNN Bloomberg
Nissan’s pain worsens on 99% profit plunge, 12,500 job cuts – BNN Bloomberg
Nissan’s pain worsens on 99% profit plunge, 12,500 job cuts – BNN Bloomberg
— Read on www.bnnbloomberg.ca/nissan-s-pain-worsens-on-99-profit-plunge-12-500-job-cuts-1.1292214
US GDP second quarter 2019: Up 2.1% vs 2% estimate
Growth decelerated in the second quarter, but not by as much as Wall Street thought, as tariffs and a global slowdown weighed on the U.S. economy, the Commerce Department reported Friday.
— Read on www.cnbc.com/2019/07/26/us-gdp-second-quarter-2019.html
SoftBank Vision Fund 2: launch of $108 billion fund to invest in AI
Japanese conglomerate SoftBank said its second mega fund has a total expected contribution of $108 billion from partners including Microsoft, Apple and Foxconn, and that amount could potentially increase.
— Read on www.cnbc.com/2019/07/26/softbank-vision-fund-2-launches-108-billion-fund-to-invest-in-ai.html