However, aside from a brief but severe recession due to the pandemic lockdowns in 2020, the economy muddled through, with gross domestic product (GDP) mostly positive and relatively steady. Stagflation doesn’t respond to the conventional monetary tools based on the Phillips curve (see figure 1). According to the classic theory, when inflation is high...
Category: Forex Trading
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Our estimates are based on past market performance, and past performance is not a guarantee of future performance. Those who want to invest in the companies that comprise the S&P must invest in a mutual fund or exchange-traded fund (ETF) that tracks the index, such as the Vanguard 500 ETF (VOO). While there are 500 companies included in the list, th...
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Brent has an API gravity of 38 degrees and a sulfur content of 0.4%, making it slightly heavier and less sweet than WTI. Brent is typically used as a benchmark for international oil markets, such as markets in the Middle East, Europe and Africa. Brent futures traded around $82.57/bbl, an increase of 0.18% in the last 24 hours. Whiting refinery has led ...
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That included $110 million from AMC’s creditor Antara Capital, LP. Antara also accepted 91 million APE units as payment for $100 million of AMC’s outstanding debt. The reverse split and APE conversion are two parts of AMC’s plan to raise equity capital and reduce debt. The company has said these are necessary actions to avoid bankruptc...