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New Year to be 'Twilight Zone' between inflation, disinflation

As we welcome the new year, it is worth reflecting on a year that saw financial markets undergo multiple phases of schizophrenic behavior. The year 2023 began with the safest assumption that the Chinese economy would blast out from its zero-covid restrictions. The second slam dunk projection was the U.S. economy finally hitting recession, with many anticipating it to strike around midyear. As we all know by now, the opposite of both scenarios happened, taking equity investors on a rollercoaster ride. For fixed-income investors, inflation swung from complacency to panic several times before concluding with a dovish consensus. The year 2023 could be aptly called the year of the Twilight Zone, where investors found it almost impossible to pinpoint the phase between inflation and disinflation. ....

South Korea , Peters Kim , South Korea , He Korea Times , Orea Times , Orean News In English ,

Biden-Harris Launches a National Law Enforcement Accountability Database to Advance Police Reform and Strengthen Community Trust

By Stacy M. Brown NNPA Newswire Senior National Correspondent @StacyBrownMedia In what the White House called a significant step towards enhancing police accountability and rebuilding trust between law enforcement and the communities they serve, President Joe Biden and Vice President Kamala Harris announced the establishment of the National Law Enforcement Accountability Database. The initiative marks ....

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