Boyd Edith
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The world economy is set to surpass $100 trillion for the first time in 2022, two years earlier than previously forecast, according to the Centre for Economics and Business Research.
Global gross domestic product will be lifted by the continued recovery from the pandemic, although if inflation persists it may be hard for policy makers to avoid tipping their economies back into recession, the London-based think tank said.
“The important issue for the 2020s is how the world economies cope with inflation,” said Douglas McWilliams, the CEBR’s deputy chairman. “We hope that a relatively modest adjustment to the tiller will bring the non-transitory elements under control. If not, then the world will need to brace itself for a recession in 2023 or 2024.”
The forecast is in line with estimates of the International Monetary Fund, which also predicts global GDP measured in dollars and in current prices will pass $100 trillion in 2022.
Content is taken from Yahoo.
$Tesla (TSLA.US)$
$Twitter (Delisted) (TWTR.US)$
$AMC Entertainment (AMC.US)$
$Grab Holdings (GRAB.US)$
$Amazon (AMZN.US)$
Global gross domestic product will be lifted by the continued recovery from the pandemic, although if inflation persists it may be hard for policy makers to avoid tipping their economies back into recession, the London-based think tank said.
“The important issue for the 2020s is how the world economies cope with inflation,” said Douglas McWilliams, the CEBR’s deputy chairman. “We hope that a relatively modest adjustment to the tiller will bring the non-transitory elements under control. If not, then the world will need to brace itself for a recession in 2023 or 2024.”
The forecast is in line with estimates of the International Monetary Fund, which also predicts global GDP measured in dollars and in current prices will pass $100 trillion in 2022.
Content is taken from Yahoo.
$Tesla (TSLA.US)$
$Twitter (Delisted) (TWTR.US)$
$AMC Entertainment (AMC.US)$
$Grab Holdings (GRAB.US)$
$Amazon (AMZN.US)$
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Boyd Edith
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As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.
The S&P 500 $S&P 500 Index (.SPX.US)$ is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.
According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any given year. Since 1950, the Santa Claus Rally period has produced a positive return for the S&P 500 78.9% of the time, with an average return of 1.33%.
Part of the content is taken from Yahoo.
The S&P 500 $S&P 500 Index (.SPX.US)$ is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.
According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any given year. Since 1950, the Santa Claus Rally period has produced a positive return for the S&P 500 78.9% of the time, with an average return of 1.33%.
Part of the content is taken from Yahoo.
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$Digital World Acquisition Corp (DWAC.US)$ $DIGITAL WORLD ACQUISITION CORP UNIT 1 CL A & 1/2 RED WT EXP(30/06/2028) (DWACU.US)$ $Meta Platforms (FB.US)$ $Twitter (Delisted) (TWTR.US)$ You can't compare this to Twitter or Facebook in that sense. What's different is Trump has hardcore followers who love conspiracy theories and misinformation, so they WILL use Trump's platform. The irony is he calls it "TRUTH" Social, but we all know Trump is anything but truthful. LOL. But he can do no wrong with his hardcore followers, so they WILL use his platform. In other words, he'll have INSTANT CUSTOMERS in the tens and hundreds of millions, without paying money for advertisements! Low cost = profit. The only thing you can compare is the market cap. Twitter is about $50 billion market cap. Facebook is almost $1 TRILLION market cap. That means if Trump's social media can only garner $10 billion market cap (which I expect it to do $20 billion or more), that's still hundreds of dollars per share!
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$S&P 500 Index (.SPX.US)$
1) oil has outpaced the s&p (pretty easy to do considering oil was $0 in March of 2020)
2) considering the current market cap bubble on the s&p, oil price should be much higher. Wti reached $150/bbl in the 2008 bubble.
1) oil has outpaced the s&p (pretty easy to do considering oil was $0 in March of 2020)
2) considering the current market cap bubble on the s&p, oil price should be much higher. Wti reached $150/bbl in the 2008 bubble.