china is experiencing a rare episode of sliding prices. japan s economy experienced this back in the 1990s and early 2000s. now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14% in the year tojuly, with imports also falling by more than 12% in the same period. joining me now is duncan wrigley, chief china economist at pantheon macroeconomics. thank you very much for being with us today. the rest of the world looking on in amazement. considering the inflationary pressures the rest of us are dealing with. what do you read between the lines in this latest data? between the lines in this latest data? . latest data? ok, i mean, there are some latest data? ok, i mean, there are some short-term latest data? ok, i mean, there are some short-term factors i are some short term factors that push down the data for this month, there has been a surge of seasonal vegetabl
shares in goldman sachs fell 2%. the catalyst was moody s, downgrading the credit rating on several small and medium sized us banks, including mnt bank and pinnacle financial. the red flags raised by the ratings agency included a potential recession, as well as problems tied to the commercial real estate sector. as one analyst put it, any doubts about regional banking is bad for market sentiment. that wasn t helped by data from new york federal reserve, which showed that for the first time, americans owed more than $1 trillion on their credit cards. traders have also been focused on corporate results, which so far have been better than expected. that was true for lyft, which reported results after the us market closed. uber s small arrival is forecasting higher revenue in the third quarter based in part on a post pandemic rebound in ridesharing. meanwhile, electric vehicle maker rivium posted a narrower lost than expeted and raised its production guidance for the full year. m
Wasatch Advisors LP grew its stake in shares of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP – Free Report) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,355,723 shares of the financial services provider’s stock after buying an additional 128,195 shares […]
Elizabeth Park Capital Advisors Ltd. reduced its holdings in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP – Free Report) by 10.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,221 shares of the financial services provider’s stock after selling 5,000 shares during the quarter. Pinnacle […]
Elizabeth Park Capital Advisors Ltd. cut its stake in shares of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP – Free Report) by 10.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,221 shares of the financial services provider’s stock after […]