with what economists are expecting for the latest inflation figures that they will likely show that inflation went up slightly month over month, but it will drop year over year. numbers like that would be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. well, the us central bank started hiking rates aggressively last year. authorities have hiked rates ten times marking the fastest tightening cycle since the 1980s. expectations are high that this time , they might pause. earlier, i spoke with market strategist charu chanana, and she gave me her outlook for the us federal reserve. expectations are built in for the next two quarters. this time. i think the markets are being complacent about that slow down in information that you just talked about as well as a potential fall or skip, whatever you might call it. if you remember, last week we got some hock wish trends in the market from the reserve band of australia and reser
mac climate agenda, us adults a part of republicans backing an ambitious counter by 2030. for biden s climate agenda majority of us adults and half of republicans back an ambitious emission cuts by2030 president biden s son hunter could go on trial twice next year while his father runs for reelection. the special counsel david weiss filed a second indictment last night. he was charged by a grand jury with nine counts of failing to file and pay taxes, tax evasion and filing false tax returns; three of those charges are felonies, another six are misdemeanors. some of these charges relate to a period when he was struggling with depression and addicted to drugs. but prosecutors allege he exploited the family name to fund a lavish lifestyle, spending funds on hotels, escorts and a porsche. and that even after he was sober and building a new life he failed to fully pay the taxes he owed. it is the second federal indictment. hunter biden also faces charges stemming from the ille
there are a few things that drive gold and crypto prices higher. the first one is the quality and the second is the us dollar. let s talk about liquidity. easing from china and also from the us, the fed has actually been injecting liquid italy, overnight repo facility. so also from a seasonality perspective, november december actually quite favourable in terms of financial conditions, and indeed the rally, or the fall of interest rates have helped also financial conditions to ease in the past few weeks and hence we ve seen a surge in liquidity in the system and that propels both gold and crypto currencies higher. the next reason is for the us dollar. both gold and crypto currencies is dominated by us dollars. when the dollar becomes weaker that is a tailwind for the causes. given that the market is now pricing in an increasingly probability of cuts are starting as early as april next year, the us dollar has been weakening versus both other currencies including gold and crypto
it is the world s most indebted company. for more on how this could play out, i have been speaking to an insolvency expert from deloitte and asked him what happens when a judge does order a liquidation. inaudible when a judge orders a company to be wound up by way of court and the company would be formally placed into liquidation but the recommendations are two petition which will go backwards. provisionally the data will be appointed by court. in the sense that it is just a provisional and that will be a formal appointment of liquidators later what would a liquidator do and with the directors cease to have control of the company in the circumstances? directors will cease to have control and with that no power inaudible and while the provisional will assume the powers of the directors so they can do basically all of the powers as given by court to them in the court order. we ll be hearing more on that story in just a little over an hour so stay tuned. news from the ongoing
marsh. through what really happened, we were expecting something a little more definitive, especially based on what the judge had said definitive, especially based on what thejudge had said in october. what the “udge had said in october. ~ . what the udge had said in october. ~ . ., ,, october. what happened? it feels like october. what happened? it feels like we ve october. what happened? it feels like we ve been - october. what happened? it feels like we ve been in - october. what happened? it feels like we ve been in this| feels like we ve been in this position before. with regards to the whole evergrande saga, we re pretty much in the same position today as we were yesterday. this is a seventh adjournment, don t forget. we do not know that many details coming out of the court so far. what we know as the creditors who brought the case were not opposed to an adjournment. that suggest these parties will go back to the drawing board and come up with some kind of restru