Federal Reserve experts have issued a warning that the probability that the US economy will fall into a recession next year will approach 50%

Federal Reserve experts explained to US policy makers this month that the possibility that the US economy will fall into a recession next year is as close to 50% as possible. It is said that the deceleration in consumer spending, uncertainty in the global economy, and further interest rate hikes will be the background.

The policy is that the person in charge of the Federal Reserve will soon search for a deceleration in the interest rate hike cycle. In order to mitigate tightening by the Fed, the person in charge of the Fed concluded at the beginning of this month that the pace of interest rate increases should be decelerated at an early stage, and also suggested the direction of reducing the interest rate increase in December to 50 basis points.

According to S&P Global Flash 2 on the 23rd, it became clear that the comprehensive purchasing manager index for November fell about 2 points from the previous month to 46.3, and remained at the second lowest level immediately after the pandemic.

S&P Global Flash announced that the purchasing managers' business index for November fell by about 2 points to 46.3, making it the second lowest level immediately after the pandemic. Figures below 50 indicate a contraction in economic activity, making it the worst number in data up to 2009. Figures below 50 indicate a contraction in US economic activity, making it the worst level among statistics going back to 2009.

The EU stumbles at an agreement on pricing Russian crude oil set by the G7. In order to reduce Russia's crude oil revenue, EU diplomats were in trouble on the 23rd over Russian crude oil price settings compiled by the G7. It is expected that discussions between EU diplomats will continue on the 24th.

EU countries aiming to become semiconductor hubs are pursuing plans worth 43 billion euros. In order to achieve a catch-up in semiconductor production, EU countries agreed to contribute 43 billion euros (44.4 billion US dollars), and it looks like the hurdle to strengthen the high-tech industry has been resolved.

Buffett donated 758 million Berkshire Hathaway (BRK.B) shares to charities. Mr. Buffett donated to multiple charities, starting with the name of a charity bearing the name of his late wife.

According to reports, it became clear that Google will dismiss 10,000 underperforming employees, which is 6% of the entire world, based on a ranking system.

While Tesla's total market value was lost close to 300 billion US dollars in the last 2 months, the company's stock price began to rise 7% on the 23rd in response to statements from market participants that Tesla's stock price had dropped too much. Morgan Stanley analyst Adam Jonas said that the company's stock was close to Bear's target share price of $150, and investors were offered a place to buy the company's stock at a bargain price.