You are here

Business

Air Freight Volumes Across Largest Global Market Tumble 15% In First Quarter

Air Freight Volumes Across Largest Global Market Tumble 15% In First Quarter

For years, our biggest lament and recurring confirmation that
unorthodox monetary policies are simply not working, has been tracking
global trade - the lifeblood of any properly functioning global economy - which has not only failed to reach its pre-crisis growth rates, but especially over the past 2 years, has seen slowing dramatically. The latest evidence of this slowdown came earlier today when the International Air Transport Association (IATA) reported that demand

Citi Asks: "Are Investors Beginning To Price In QE4?"

Citi Asks: "Are Investors Beginning To Price In QE4?"

While many investors and analysts are asking when the Federal Reserve will decide to hike rates again, Citi's Global Head of FX Strategy Steven Englander asks a rather different question: Are investors beginning to price in QE4?

He points out that economic data in the U.S. hasn't been very good (sans unemployment headline data), and that for every one positive data release, a series of disappointments follow. He points to the fact that Citi's economic surprise indicator has been dropping since mid-April as reflecting that reality.

Tesla Jumps After Smaller Than Expected Loss; Warns Cash Burn Is About To Hit Ludicrous Speed

Tesla Jumps After Smaller Than Expected Loss; Warns Cash Burn Is About To Hit Ludicrous Speed

As we previewed yesterday, perhaps more so that the longs it was the company's near record shorts who were expecting today's earnings release to see if their bearish bets on the company will pan out. And while the stock slid all day, losing 4% in regular hours after Jim Chanos announced he was short the car maket, the stock now appears to be jumping in the after hours session having just reported its Q1 results which were as follows:

Pages