Independent thinking for complex markets and current events
BEIJING (Reuters) — China’s export and import growth in the January-February period beat forecasts, suggesting global trade is turning a corner in an encouraging signal for policymakers given protracted weakness in manufacturing has been a drag on the economy. China’s exports in the two months were 7.1% higher than a year before, customs data showed …
The National Weather Service’s snowfall forecasts are undergoing some unexpected edits, akin to rearranging puzzle pieces with a paintbrush. NWS offices are fine-tuning their predictions, with NWS Boston holding steadfast till the very last moment. In a sudden twist, snowfall totals in New England have been chopped in half, leaving forecasters and residents surprised. However, …
via Simon Watkins The ability of either the U.S. or China – or even both working together – to contain Iran’s response to the attacks on its military proxies may have disappeared with the latest U.S. attacks on them. The U.S.’s toleration of increased oil flows from Iran to China also meant that Beijing was …
As economic indicators signal a slowdown and companies prepare to cut back amid diminishing business activity, the prospect of a similar raise to the previous year dims for many workers. With the CFNAI pointing to a slowdown in economic growth in October and JPMorgan forecasting declines in key economic metrics, the landscape suggests a cautious …
by DesmondMilesDant The data released by the US Bureau of Economic Analysis on October 26th showed that real GDP growth in the third quarter was 4.9 percent, 0.5 percentage points below the final GDPNow model nowcast released on October 25th. This suggests that inflationary pressures may be starting to build in the economy and could …
Tropical Storm Idalia Discussion Number 7 NWS National Hurricane Center Miami FL AL102023 400 AM CDT Mon Aug 28 2023 https://www.nhc.noaa.gov/text/refresh/MIATCDAT5%20shtml/280859.shtml Over the Gulf of Mexico, the environment is forecast to become conducive for significant strengthening of Idalia due to a new trough dropping south over the western Gulf of Mexico as a upper-level ridge …
Has a tropical wave developing in the MDR Saturday. At this point, has it approaching NC of 8/6. https://www.tropicaltidbits.com/analysis/models/?model=gfs®ion=eus&pkg=mslp_pcpn&runtime=2023072406&fh=318 Last couple model runs have been consistent. Stay tuned. My take on today’s 12z GFS #wxtwitter pic.twitter.com/UlRX1nVhZr — Mark Margavage (@MeteoMark) July 23, 2023 #LOCKITIN pic.twitter.com/TidAJCfpjD — #LOCKITIN (@lockingitin) July 23, 2023 h/t DOORBERT
by bitkogan Deep analysis and sound reasoning are essential for making market predictions, but they don’t guarantee accuracy. This reality became all the more evident when J.P. Morgan’s forecast about the S&P 500 index testing the lows of the first half of 2022 didn’t come to fruition. Similarly, Bank of America analysts, despite their thorough understanding of market …
