LONDON/MILAN—Uncertainty about the COVID-19 pandemic has not dented prospects for European stocks to hit record highs in 2022, boosted by a recovery in corporate profits, according to a Reuters poll of 23 fund managers, strategists, and brokers. The poll, conducted over the past two weeks, predicted Germany’s DAX and France’s CAC 40 blue chip indexes…
European Stocks Seen Reaching New Records in 2022: Poll
Elon Musk Sells $5 bln in Tesla Shares After Twitter Poll
Tesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday (November 10), just days after he polled Twitter users about selling 10 percent of his stake. In his first share sale since 2016, Musk’s trust sold nearly 3.6 million shares in Tesla, worth around $4 billion, while…
Elon Musk Sells $5 Billion in Tesla Shares After Twitter Poll
Tesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday (November 10), just days after he polled Twitter users about selling 10 percent of his stake. In his first share sale since 2016, Musk’s trust sold nearly 3.6 million shares in Tesla, worth around $4 billion, while…
End of Daylight Saving Time Means Winter Is on the Horizon
WASHINGTON—Winter is on the horizon again with the end of daylight saving time coming Sunday across most of the United States. Standard time begins at 2 a.m. local time Sunday. Set the clocks back an hour before bed Saturday night and gain an extra hour of sleep. Going forward, it will be lighter earlier in…
Bank of Canada to Raise Rates in Third Quarter Next Year, Possibly Sooner: Poll
BENGALURU—The Bank of Canada will raise rates as early as the third quarter of next year, at least three months earlier than previously expected, according to economists polled by Reuters who see a risk that the increase could come even sooner. Just last month economists were almost evenly split on the risk of higher rates;…
Poll: Most US Voters Say Biden Responsible for Inflation
Many Americans say that President Joe Biden and his administration’s policies are responsible for growing inflation, a new poll found. According to a Morning Consult/Politico survey (pdf), 62 percent of registered U.S. voters believe the White House is responsible for the nation’s rising inflation. Twenty-eight percent said that President Biden is either not too responsible…
Fed to Wait Until 2023 to Raise Rates, but There Is Risk of Earlier Hike: Reuters Poll
BENGALURU—The Federal Reserve will wait until 2023 before raising interest rates, according to a majority of economists in a Reuters poll who nonetheless said the greater risk for the U.S. economy was persistently higher inflation over the coming year. While half the members of the U.S. central bank’s policy-setting committee projected last month that the…
Inaccurate Poll Distorts California Recall Debate
Commentary One of the themes I have advanced in my Epoch Times articles is the importance of retaining the recall process as it already is. As Gov. Hiram Johnson explained when he advanced his 1911 reforms, which the people of California approved: “I do not by any means believe the initiative, the referendum, and the…
Japan Wholesale Inflation Likely Hit 13-year High in September on Rising Commodity Costs: Poll
TOKYO—Japan’s wholesale prices likely hit a 13-year high in September, buoyed by lofty commodity prices, while firms’ machinery orders are expected to have risen for the second straight month in August, a Reuters poll showed on Friday. The corporate goods price index (CGPI), which tracks the prices companies charge one another for their goods, likely…
Dollar Strength Holds Back Asian FX; Rupee Bears Re-emerge: Poll
Investors raised short bets on most Asian emerging currencies, a fortnightly Reuters poll found, as a slew of factors including U.S. rate-hike expectations, rising inflation, and signs of slowing global economic growth boosted the dollar. Long positions on the Singapore dollar, Taiwan’s dollar, and the Indian rupee were reversed, while bearish views on the South…
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