2023 Will Focus on Economic Growth & Corporate Earnings
Last Wednesday, in a press conference, the president of the FED Jerome Powell hinted that the Federal Reserve may reduce the pace of the...
Ballestas Group
- Nov 27
- 1 min
FED Indicates Willingness to Slow Down Hikes
The minutes of the Federal Reserve's Open Committee, released Wednesday, suggest that it will be appropriate "soon" to slow the pace of...
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Ballestas Group
- Nov 21
- 1 min
Democrats Retain Control of the Senate
President Joe Biden met with his Chinese counterpart Xi Jinping in Bali, taking advantage of the G20 summit. The meeting lasted two hours...
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Ballestas Group
- Nov 11
- 1 min
FTX Cryptocurrency Exchange Files for Bankruptcy
Three days from the end of the midterm elections, it is still not clear who will be in control of Congress. In the lower house, the...
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Ballestas Group
- Nov 7
- 1 min
When will the FED Pivot?
The Federal Reserve was the protagonist in the week, after communicating on Wednesday its decision to increase the interest rate by 75...
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Ballestas Group
- Oct 31
- 1 min
Big Tech Earnings
The corporate earnings season in the United States moved at the pace of the big technology companies Among them Apple, Amazon, Alphabet,...
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Ballestas Group
- Oct 24
- 1 min
Netflix Returns to Growth
US treasury bonds reached their highest yield since 2007 with the 10 year bond trading at 4.23%. The two year rate stood at 4.5%. Big...
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Ballestas Group
- Oct 13
- 1 min
3Q Earnings Season Kicks Off
The corporate reporting season has officially begun with the publication of results by the largest US banks JP Morgan, Wells Fargo and...
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Ballestas Group
- Oct 10
- 1 min
Bad News is Good News for the Market
Employment grew in the month of September by 263,000 positions. The unemployment rate declined to 3.5% equaling the lowest level in the...
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Ballestas Group
- Sep 29
- 1 min
A Week of Positive Surprises
In a week of positive surprises, August Durable Goods Orders fell 0.2% m/m, while the Conference Board Consumer Confidence for September...
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Ballestas Group
- Sep 23
- 1 min
New Normal of the American Economy
On Wednesday, the Fed approved a new interest rate hike of 75 basis points for the third time in a row, pushing the Central Bank's...
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Ballestas Group
- Sep 15
- 1 min
Uncertainty ahead of Fed rate hike
The inflation rate in the US fell from 8.5% to levels of 8.3% (consensus expected it to fall to 8.1%). For its part, the underlying rate...
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Ballestas Group
- Sep 9
- 1 min
Actions to reduce Inflation
The interest rate curve is moving up after the latest comments from the Federal Reserve Chairman Jerome Powell, in which he reaffirmed...
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Ballestas Group
- Sep 2
- 1 min
Healthy Jobs Report
The week began unstable after it became known that job offers for July were 11,239 thousand, above what was expected and the record for...
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Ballestas Group
- Aug 25
- 1 min
The Fight Against Inflation is Not Over
Jerome Powell, chairman of the Federal Reserve, said there will be more interest rate hikes, slow growth and "pain" for households and...
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Ballestas Group
- Aug 21
- 1 min
U.K. Inflation Reaches 40-year High
This week the minutes of the Fed's monetary policy meeting in July were published, where it was pointed out that it might be appropriate...
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Ballestas Group
- Aug 15
- 1 min
Encouraging Inflation Reports
While economists expected US inflation to fall to 8.7% from 9.1% in June, year on year inflation fell to 8.5% in July largely as a result...
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Ballestas Group
- Aug 1
- 1 min
Recession or Not?
The IMF updated its global growth forecasts, cutting them from 3.6% to 3.2% for this year and from 3.6% to 2.9% for 2023 and omitted that...
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Ballestas Group
- Jul 24
- 1 min
El Turno Del BCE
El Banco Central Europeo, BCE, decidió subir sus tipos de interés en 50 puntos básicos, la primera subida desde hace 11 años, al tiempo...
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Ballestas Group
- Jun 20
- 1 min
Esta semana en el mercado
Los valores bursátiles estadounidenses subieron el viernes cuando los inversores intentan romper una racha de pérdidas de tres semanas y...
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