by New Momentum | Oct 10, 2024 | News
China at a Crossroads: Can It Avoid Prolonged Stagnation? ๐ After decades of unstoppable growth, China is now facing one of its deepest economic crises, with a 2024 growth target of 5% that seems increasingly out of reach. Consumer spending is down, the real estate...
by New Momentum | Sep 12, 2024 | News
๐๐๐ฏ๐ข๐ฏ๐ข๐ง๐ ๐๐ฎ๐ซ๐จ๐ฉ๐’๐ฌ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐๐ง๐๐ฌ๐ฌ: ๐๐๐ซ๐ข๐จ ๐๐ซ๐๐ ๐ก๐ข’๐ฌ ๐ฌ๐ญ๐ซ๐๐ญ๐๐ ๐ฒ ๐ฉ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฌ๐ข๐ญ๐ฎ๐๐ญ๐ข๐จ๐ง: Europe faces economic stagnation with a widening gap compared to the United States, primarily due to weak productivity growth linked to slow adoption of advanced technologies...
by New Momentum | Jul 31, 2024 | News
๐ Bank of Japan’s Economic Strategy: Rate Hike and Bond Buying Tapering ๐ The Bank of Japan (BOJ) has increased its benchmark interest rate to approximately 0.25% from a previous range of 0% to 0.1%, marking the highest rate since 2008. Despite this hike, the...
by New Momentum | Jun 20, 2024 | News
๐ NVIDIAโs Meteoric Rise: From Underdog to Worldโs Most Valuable Company ๐ ๐ For the first time since 2019, NVIDIA has topped the list of the world’s most valuable companies, surpassing Microsoft and Apple. Apart from a brief period in 2019 when Amazon held the...
by New Momentum | Jun 14, 2024 | News
โFed Treads Cautiously on Rate Cuts Amid Mixed Economic Signals โ ๐ Federal Reserve officials have moderated their expectations for interest-rate cuts in 2024, planning only one reduction instead of the three previously anticipated. Fed Chair Jerome Powell emphasized...
by New Momentum | Jun 7, 2024 | News
๐ฅECB Lowers Rates, Signals Uncertainty on Future Cuts The European Central Bank (ECB) cut its key deposit rate by 0.25 percentage points to 3.75%, moving away from a record high. President Christine Lagarde stated that while the inflation outlook has improved, the ECB...
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