It’s rare for weather to significantly impact equity prices, but Schwab says this time may be different given the market’s sensitivity toward inflation.
in seven years could extinguish the scorching stock market, Charles Schwab cautioned this week, evoking a little-discussed factor that could potentially send inflation surging once again.
The potential rise in food and energy prices would coincide with a growing sense of hope on Wall Street that inflation has subsided and the Federal Reserve and other central banks will curb their interest rate hike campaigns. Kleintop notes the last El Niño event concurred with as much as a 15% decline in the S&P 500 between 2015 and 2016, though that crash proved to be short-lived and isAny such decline for U.S. equities would come as a significant surprise amid their broad rally: The S&P is up nearly 20% year to date and more than 40% of companies listed on the index have enjoyed multi-digit rallies.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
ERCOT issues Weather Watch as forecast anticipates extreme, high temperaturesThe Electric Reliability Council of Texas (ERCOT) is issuing another Weather Watch Sunday expected to last through Tuesday, July 18 due to forecasted higher temperatures, higher electrical demand and the potential for lower reserves.
Baca lebih lajut »
Extreme weather raises risk for California tomato growersWhen it comes to tomatoes, California's extreme weather is serving up uncertainty and risk for growers and Bay Area restaurateurs.
Baca lebih lajut »
China logs 52.2 Celsius as extreme weather rewrites recordsA remote township in China's arid northwest endured temperatures of more than 52 Celsius (126 Fahrenheit) on Sunday, state media reported, setting a record for a country that was battling minus 50C weather just six months ago.
Baca lebih lajut »
China hits 52.2°C as extreme weather rewrites recordsChina experiences a record-breaking high of 52 degrees Celsius, a drastic change from the minus 50 degrees Celsius weather the country was battling just six months ago
Baca lebih lajut »
US, China aim to revive climate talks as planet reels under extreme weatherU.S. climate envoy John Kerry said it was 'imperative that China and the United States make real progress' in the four months before U.N.-sponsored climate talks begin in Dubai, as waves of extreme heat and rainfall hit large parts of the globe.
Baca lebih lajut »
South Korea flood deaths cast doubt on work to prepare for extreme weatherA year after South Korea vowed to step up readiness for extreme weather driven by climate change, experts say not enough work has been done even as greater volumes of sudden and torrential rains are expected in coming decades.
Baca lebih lajut »