If we want 2% inflation, then we need M to grow about 2% faster than GDP.
The current correction is becoming increasingly oversold, which suggests a bounce is likely toward the previous support of the 50-DMA.
The only real cause of inflation is government spending. While banks can generate money -credit- through lending, they rely on projects and investments to support these loans.
So far April has been a month for corrections but the major indices have kept a steady keel from Tuesday to Wednesday, this week. Middle East tensions are keeping oil prices high.
Data has been hawkish- enough to keep traders jittery about the future as regards monetary policy and interest rate loosening.
As we seek sustainable and efficient solutions for the big challenge of our time, food security, here are 4 key Foodtech trends for 2024 and 3 companies reshaping the Foodtech industry: ICL, KHC, and ADM.
Blue Owl Capital Inc (OWL) is an alternative asset management firm. Over the past year, Blue Owl’s share price rose about 71.5% from $10.89 to $18.58 as of Tuesday’s market close.