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Fired-Up Traders Get Burned in 'Everything Selloff'

(Bloomberg) -- When skepticism shifts to euphoria as quickly as it has in 2023’s stock and bond markets, the comeuppance is apt to be swift.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Faces Longest Sales Drop in Decades as iPhone SlumpsCredit Suisse Collapsed, And Switzerland Went Back to Making MoneyThat was the ...
Sonia Meskin Peng Cheng Bloomberg Businessweek Michael Orourke Scott Rubner Isabelle Lee
Source: yahoo.com

India's inflation is higher than other key developing economies

Indias prices are rising faster than many of its emerging market peers. The countrys inflation print for May at 4.25 per cent is a marked reduction from the levels seen in May 2022 (7.04 per cent). However, even though the inflation rate remains within the Reserve Bank of Indias medium-term target of 4 per cent, with a 2 per cent margin on either side, it continues to be higher than China, Russia, and Brazil.
Dominic Xavier Rediff Jeremy Schwartz Erika Singh Cundy Jacob Meyer Arif Ahmed Aichi Amemiya
Source: rediff.com

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