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$Tesla(TSLA.US$ The European Commission has initiated an investigation into subsidies provided to electric vehicle (EV) manufacturers in China. Chinese electric car exports have seen a dramatic rise recently, surpassing Germany and potentially exceeding Japan this year, based on data from Moody's.
Dombrovskis, executive vice president and trade commissioner of the European Commission, said that the growth of Chinese EV brands in the Europ...
Dombrovskis, executive vice president and trade commissioner of the European Commission, said that the growth of Chinese EV brands in the Europ...
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The U.S. economy has steady growth during the Q2 2023, matching experts' expectations. For what’s important, the gross domestic product (GDP) saw a growth of 2.1% in this period, while the first quarter was revised to reflect a 2.2% growth rate, up from the initial 2.0% report.
Historical GDP data was also updated due to new information and improved methods. Interestingly, GDP for the early months of 2020, 2021, and 2022 was lowered as consumers spending was less than...
Historical GDP data was also updated due to new information and improved methods. Interestingly, GDP for the early months of 2020, 2021, and 2022 was lowered as consumers spending was less than...
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Over the past three decades spanning from 1990 to 2022, the average return for $S&P 500 Index(.SPX.US$ in September has been -0.9%, which is the worst among all other months. This year, as in line with historical trends, the S&P 500 wiped out its gain of over 5% for the year during September.
We are approaching a seasonal pivot point in the stock market. Based on historical price patterns, stocks are likely to chug ...
We are approaching a seasonal pivot point in the stock market. Based on historical price patterns, stocks are likely to chug ...
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The U.S. government may face its fourth shutdown in ten years if an agreement isn't reached by the end of this week. A bipartisan Senate bill that aims to fund the government until mid-November has been turned down by House Republicans. If no agreement is reached, hundreds of thousands of federal workers might lose their jobs temporarily, and many services would be forced to pause.
While the Senate has shown support for a funding bill, including $6 bi...
While the Senate has shown support for a funding bill, including $6 bi...
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MACRO
US Core PCE Prices Post Smallest Monthly Rise Since Late 2020
The Federal Reserve’s preferred measure of underlying inflation rose at the slowest monthly pace since late 2020, helping to lay the groundwork for policymakers to forgo an interest-rate hike at their next meeting.
The core personal consumption expenditures price index, which strips out the volatile food and energy components, climbed 0.1% in August...
US Core PCE Prices Post Smallest Monthly Rise Since Late 2020
The Federal Reserve’s preferred measure of underlying inflation rose at the slowest monthly pace since late 2020, helping to lay the groundwork for policymakers to forgo an interest-rate hike at their next meeting.
The core personal consumption expenditures price index, which strips out the volatile food and energy components, climbed 0.1% in August...
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The Fed's hawkish dot plot and optimistic economic outlook have fueled concerns over possible interest rate hikes. Meanwhile, the looming possibility of a government shutdown has raised concerns that high government spending may lead to increased Treasury issuance, causing a surge in all terms of US Treasury yields, which in turn has dragged down the entire bond market.
The market has come to accept the new game rule of "hig...
The market has come to accept the new game rule of "hig...
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The US dollar is fake and backed up by nothing...Ditch the fake banks and fake money. Buy gold and silver people.US government bonds continue to drop in value, pushing the interest rates, or yields, of 10- and 30-year bonds to levels not seen in the last 16 years. This comes as many believe the Federal Reserve (the Fed) will keep interest rates high. Additionally, the US government is issuing more bonds because of growing debt.
On Monday, the interest rate on 10-year bonds reached 4.53%, a peak not seen since October 2007. For 30-year bonds, the rate touched 4....
On Monday, the interest rate on 10-year bonds reached 4.53%, a peak not seen since October 2007. For 30-year bonds, the rate touched 4....
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The US federal government is once again facing the risk of a shutdown due to continuous financial concerns stemming from debt ceilings, credit downgrades, and high deficits. While the impact of default resulting from the debt ceiling is primarily emotional and unlikely to occur, a government shutdown, which frequently occurs, can have greater practical effects. Economically, if the shutdown persists for an extended period, it will exert significan...
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FibonacciBlu : Sounds like desperation to kill a stock. People like you try to hard to find pointles info.
ZnWC : EU Anti-subsidy probe? Most Tesla Model Y sold in Europe are made in Tesla Germany Gigafactory
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