new york kevin Posted November 13, 2021 Report Share Posted November 13, 2021 Breaking News this Wednesday, November 10, 2021, DMSA has issued a press release stating that EVERGRANDE is ‘officially’ bankrupt… Just what is meant by that statement? What actions come next? Why should people care about the Evergrande bankruptcy whether they live in Germany or the US? https://www.encouragingangels.org/new-blog/2021/11/10/4odzvav6hxznj0qrlng6rrnx76l5kh 1 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted November 13, 2021 Author Report Share Posted November 13, 2021 (edited) Associated Press Asian markets retreat as China inflation pushes higher Published: Nov. 9, 2021 at 11:32 p.m. ET By Associated Press 0 Stocks sink in Hong Kong and ShanghaA woman browses through vegetables at a neighborhood market in Beijing on Nov. 2. China’s consumer price index, driven mainly by a jump in prices for food and fuel, rose in October. Asian shares fell Wednesday, tracking Wall Street’s retreat, with Chinese benchmarks leading the decline after the government reported a surge in inflation in October. China’s consumer price index, a main measure of inflation, rose 1.5% in October, up from 0.7% the month before, the National Bureau of Statistics reported. The surge to a 13-month high was driven mainly by a jump in prices for food and fuel, it said. Producer prices, or wholesale prices, climbed 13.5%, adding to worries that price pressures might limit the central bank’s ability to adjust its policies to bolster growth. Hong Kong’s Hang Seng HSI, +0.32% dropped 1.2% while the Shanghai Composite index SHCOMP, +0.18% lost 1.2%. But the latest numbers were exaggerated by low comparative data from last year and underlying price pressures remain low, Julian Evans-Pritchard of Capital Economics said in a report. “We continue to think that consumer price inflation will remain below 2% in the coming quarters and that inflation is unlikely to be a major constraint on the PBOC’s ability to loosen monetary policy,” he said. Elsewhere in Asia, Tokyo’s Nikkei 225 NIK, +1.13% lost 0.6% and the Kospi 180721, +1.50% in South Korea declined 1.1%. Australia’s S&P/ASX 200 XJO, +0.83% edged 0.3% lower. Stocks fell in Singapore STI, -0.30%, Taiwan Y9999, +0.38% and Indonesia JAKIDX, -0.60%. On Tuesday on Wall Street, stocks ended moderately lower, breaking an eight-day winning streak that had been fueled by strong company earnings and economic data. The S&P 500 index SPX, +0.72% lost 0.4% to 4,685.25. The last time the S&P 500 had eight straight days of gains was April 2019. The Dow Jones Industrial Average DJIA, +0.50% fell 0.3%, ending at 36,319.98 and the Nasdaq COMP, +1.00% lost 0.6%, to 15,886.54. The market was pulled lower by companies that rely on consumer spending and technology stocks, which had driven the market higher in recent days. A decline in bond yields pulled banks’ stock prices lower. Lenders rely on higher yields to charge more lucrative interest. The yield on the 10-year Treasury fell to 1.44% from 1.49% late Monday. The Labor Department will release its Consumer Price Index for October on Wednesday, giving a more detailed picture on how inflation is impacting consumers. Benchmark U.S. crude oil CLZ21, -1.10% gained 14 cents to $84.29 per barrel in electronic trading on the New York Mercantile Exchange. It jumped $2.22 on Tuesday. Brent crude BRNF22, -0.27%, the basis for international pricing, added 34 cents to $85.12 per barrel. The U.S. dollar USDJPY, -0.14% slipped to 112.83 Japanese yen from 112.86 yen. Read Next Edited November 13, 2021 by new york kevin 3 Quote Link to comment Share on other sites More sharing options...
keylime Posted November 14, 2021 Report Share Posted November 14, 2021 AMC MOASS TIME!!! Coming to a theater near you! 1 2 3 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted November 14, 2021 Report Share Posted November 14, 2021 5 minutes ago, keylime said: AMC MOASS TIME!!! Coming to a theater near you! Yes hopefully we are close to GO TIME, MOASS and RV!!! 1 3 Quote Link to comment Share on other sites More sharing options...
gregp Posted November 14, 2021 Report Share Posted November 14, 2021 1 hour ago, keylime said: AMC MOASS TIME!!! Coming to a theater near you! I could use some MOASS 2 Quote Link to comment Share on other sites More sharing options...
md11fr8dawg Posted November 14, 2021 Report Share Posted November 14, 2021 MOASS, Bring it!! 1 Quote Link to comment Share on other sites More sharing options...
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