Volatility in the Junk Bond Markets

Volatility within the junk bond markets has caused US energy giant, NRG Energy, to end a debt sale. In a statement, NRG Energy stated that “borader market conditions” were the reasons for a pulled $870m bond sale late on Thursday and blamed “broader market conditions” for its decision, after the market had lurched lower over Read More…

New Federal Reserve Chief and What it Means

As Janet Yellen’s term comes to an end, President Trump chooses Jerome Powell as the new Federal Reserve chief. The new chief could mean little change in monetary policy and a less aggressive approach to financial regulation. Economists are currently expecting the Fed to raise short-term interest rates next month and lift them three times Read More…

Q3 Productivity Growth

U.S. workers increased output per hour in the third quarter at the best rate in three years, representing that slow productivity gains might finally be breaking out. According to the Labor Department, nonfarm business-sector productivity increased 3.0% in the third quarter. “The third quarter of 2017 is a big turnaround from the results we have Read More…

US Growth

US data has revealed that the economy has its fastest six-month stretch of growth in three years despite a devastating period of natural disasters. This growth is followed by the 3.1% growth in the Q2, making it the first six-month stretch since 2014 in which US gross domestic product grew more than 3 per cent Read More…

Bank of Japan Continues Quantitative Easing Efforts

An elusive 2% inflation target leaves Japan contrarian to recent ECB and Federal Reserve strategies. On October 15th Bank of Japan Governor Haruhiko Kuroda stated that the central bank would continue to pursue its “aggressive” quantitative easing strategy to boost inflation. Kuroda’s decision is based on recently implemented labor-saving efficiency improvements, which are believed to Read More…

U.S. May Soon Leave NAFTA Behind

As President Trump continues to threaten U.S. withdrawal from the North American Free Trade Agreement, it could soon become reality. However, dismantling NAFTA would bring large changes for consumers and the global economy. Over the past quarter century, the agreement has reshaped the United States economy, and its demise could raise costs for North American Read More…

The Approaching Autonomous Future

Attitudes towards transportation have transformed toward additional choices; ride hailing, car sharing, and self-driving vehicles are undertaking a huge surge in demand. With the customer taking only part of the equation, automakers will be following suit. Competencies are likely to be focused on greater profits per mile or per trip, and monetizing time consumers might Read More…