turmoil Archives

Market turmoil threatens to undermine inflation-fighting efforts, says BIS

Central banks could be forced to prop up crucial parts of the financial system that are vulnerable to higher interest rates, undermining their attempts to fight inflation, the Bank for International Settlements warned on Monday. The BIS, dubbed the bank of central banks, said the crisis that unfolded in Britain’s gilt markets in September underscored …

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Expect more turmoil after a week of mixed market signals

Leave a Comment / Markets / By admin

All major stock averages closed higher for the week thanks to a Friday afternoon rally that pushed the Dow back into positive territory. Several key economic reports drove the action, including the ADP November Nonfarm Payrolls and Employment Reports and the October Personal Spending Report. Most important, perhaps, was Federal Reserve Chairman Jerome Powell’s comment …

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How the tech turmoil will be a game changer for Australian start-ups in 2023

Leave a Comment / Entrepreneurship / By admin

Even with Australia’s biggest venture capital fund under his wing, Blackbird Ventures partner Niki Scevak admits the game has changed for founders looking for investment. “We expect the market to be tougher next year than it was this year, it’s not just going to fall back into the euphoria of 2021,” he said. Likewise, while …

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