Thursday, September 07, 2023

Rising oil prices 'potentially problematic' for Fed's inflation fight: Mark Zandi, Moody's Analytics Chief Economist____111 views Sep 7, 2023 #youtube #oil #stockmarket

111 views Sep 7, 2023 #youtube #oil #stockmarket

WTI crude oil prices (CL=F) are up about 7 percent over the last month, raising concerns that they could lead to higher inflation. That is exactly what the Federal Reserve doesn't want to see as it fights bring inflation down. It is "potentially problematic" Moody’s Analytics Chief Economist Mark Zandi tells Yahoo Finance Live. "Everything is consistent with a soft landing, but you throw in the mix higher oil prices, if they keep going higher and stay higher, that could be a problem," Zandi says. Zandi says a UAW strike against the Big Three automakers (F, STLA, GM) would have to drag on for a "long, long time" of time to make a significant impact on the economy. Of the list of things to worry about, Zandi says oil prices are at the top and a looming government shutdown is probably second. On a shutdown, Zandi says it's "more than likely" but that the political pressure is going to "intensify pretty quickly. #youtube #oil #stockmarket

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US resilience to China slowdown questioned in Fed risk study

JPMorgan: Going From Macro to Micro Is Critical in China

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Uploaded: Sep 7, 2023

"It's important to get beyond the macro." James Sullivan, head of Asia Pacific equity research at JPMorgan, discusses China's economy, investor sentiment and his investment strategy. He speaks on ...

US Resilience to China Slowdown Questioned in Fed Risk Study

Scenario in 2019 Fed paper saw market turmoil boosting impact
Paper highlighted 2015-16 China scare as a cautionary example

US growth could in time drop more than 1 percentage point.
Anna Wong, one of the paper's authors and now chief US economist at Bloomberg Economics, says those projections would be just as valid today should China's growth — currently expected to reach 5.1% this year and 4.5% in 2024 — fall short to the same degree.15 hours ago