Everything we need to know about the future is right before our eyes. Granted we must know where to look but even that is not as challenging as it may seem. The past leads to the present and the present to the future. Know more:
Everything we need to know about the future is right before our eyes. Granted we must know where to look but even that is not as challenging as it may seem. The past leads to the present and the present to the future.
It is an “Old Boys/Girls Club” idea that the local stock market tracks the New York market and that is 100 percent accurate, until it doesn’t. The data—daily price changes over a five-year period—shows that the PSE has a 50 percent chance of trading up or down as the Dow Jones did the day before. But what about longer term? On a monthly basis over years, of course both exchanges track each other. The “Crash of 2020” was worldwide.
But since the early October bottom, the Dow is up 20 percent, with the PSE gaining 15 percent. Superimpose both price charts back to April 2022, and the correlation is too close for comfort. Two things hammered global economies with inflation in 2022: supply chain problems and high oil prices, which drove shipping costs skyward with equally high food cost. US inflation in June was 9 percent and has come down to 7.7 percent.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Musk says Twitter user signups at all-time high, touts features of ‘everything app’Twitter CEO Elon Musk has said that new user signups to the social media platform are at an "all-time high," as he struggles with a mass exodus of advertisers and users fleeing to other platforms over concerns about verification and hate speech.
Read more »
Musk says Twitter user signups at all-time high, touts features of 'everything app'Musk tweets that the 'Twitter 2.0 The Everything App' will have features like encrypted direct messages, longform tweets, and payments.
Read more »
Shoppers hunt for deals but inflation makes bargains elusive - BusinessMirrorNEW YORK—Consumers holding out for big deals—and some much-needed relief from soaring costs on just about everything—may be disappointed as they head into the busiest shopping season of the year. While retailers are advertising sales of 30-percent, 50-percent and 70-percent off everything from TVs to gadgets, many items will still cost more than they did
Read more »
Presidential pardon eyed for elderly inmates to decongest prisonsSenior citizen persons who are deprived of liberty (PDLs) aged 70 and above may be granted executive clemency as part of decongesting jails under the Bureau of Corrections (BuCor). READ:
Read more »
French man wins legal right to not be 'fun' at workThis French man was fired from his job because he wouldn't participate in any social events at work. But a court ruled in favor of him and said he had a right to not be 'fun'. | via philstarlife
Read more »
MB Daily News Update: 85% of Pinoys think PH is heading in right directionThese are among the top stories this Monday afternoon, November 28, 2022.
Read more »