About: lishitong
Recent Posts by lishitong
Cheap Consumer Loans Might Backfire in China
President Xi Jinping’s effort to stimulate China’s economy through increased consumer spending is facing a new challenge as citizens misuse cheap consumer loans. Borrowers are using low-interest loans to prepay mortgages or invest in stocks, instead of buying goods as intended. This practice, which is prohibited by regulators, threatens to undermine Beijing’s plan to fosterContinue Reading
Written on February 20, 2023 at 5:50 am
Categories: Weekly Outlook
“Goldilocks” Markets Sees Diverging Signals After CPI Release
On Tuesday, February 14, the U.S. Consumer Price Index (CPI) figures were released, showing an increase of 0.5% in January and the highest in three months but in-line with expectations. The year-on-year increase, meanwhile, is 6.4%, up slightly from market forecasts of 6.2%. Meanwhile, the core CPI, which excludes volatile food and energy prices, increasedContinue Reading
Written on February 16, 2023 at 4:44 am
Categories: Weekly Outlook
Investors Snap Up Adani Bonds
Hedge funds and distressed debt specialists are buying bonds related to Gautam Adani’s business empire, a potential sign of encouragement after a recent short-seller report. Oaktree Capital Management and Davidson Kempner Capital Management are among the firms buying the debt, which suggests that a rout in Adani’s securities may be easing after some of itsContinue Reading
Written on February 13, 2023 at 4:42 am
Categories: Weekly Outlook
Crude Oil Prices Defy Inventory Build
On Wednesday, the U.S Energy Information Administration reported an increase in crude inventories by 2.42 million barrels, close to the market expectations of 2.46 millions barrels. This is the third consecutive crude inventory build, coming after an outsized 4.14 million last week. This makes it a rough 4% above the 5-year average for this timeContinue Reading
Written on February 9, 2023 at 3:09 am
Categories: Weekly Outlook
Tags: crude oil
Amazon Reports Growing Share of Tech Market
Amazon’s advertising business continues to thrive, growing 19% YoY in Q4 2022 to $11.6 billion in sales, despite a slowdown in the digital advertising market that has affected other companies like Alphabet, Facebook, and Snap. While Amazon’s advertising unit is still a small portion of the company’s overall revenue, it is seen as a fast-growingContinue Reading
Written on February 6, 2023 at 6:55 am
Categories: Weekly Outlook
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