The Magnificent Seven’s dominance of US shares and its outsize impression on the performance of global fairness markets has amplified fears of a model new tech bubble. These fears ignore that the grouping is constructed on sound fundamentals and is driving structural mega trends rather than being a menace to financial stability. The mountain of world debt is of particular concern due to the sharp collection of interest rate will increase in the US. The risk that debt levels in several sectors of the financial system pose to monetary markets should be extra clearly communicated. India’s per capita GDP growth…
Earlier this month, Expedia announced Kern would go away his place after 4 years as chief executive. Ariane Gorin, who served as president of Expedia for Business, will take over as Expedia’s new CEO in May.China’s state-backed funds have poured more than 410 billion yuan ($57 billion) into onshore shares this 12 months in a bid to prop up the market, based on estimates by UBS Group AG, which expects additional purchases.
Japanese consumer inflation slowed for the third straight month to 2.0% in January, government information confirmed Tuesday.
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