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Эксперты предложили способ, как затормозить рост цен в России
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Эксперт: изменения в сфере трудовой миграции ФРГ не отразятся на украинцах
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Wall Street tumble sinks Asian equities
May 11, 2021SharePrint
Asian markets fall on inflation fears
Wall Street got inflation jitters overnight, and with Goldman Sachs highlighting big technology company risks, the Nasdaq tumbled with some of that money flowing into the cyclical-heavy Dow Jones. The S&P 500 fell by 1.04%, with the Nasdaq tumbling by 2.55%, with only the Dow Jones holding its own, finishing just 0.10% lower. Ominously, the sell-off has continued via the futures market in Asian time. Nasdaq futures are 1.0% lower, while S&P e-minis have fallen 0.60%, with Dow Jones futures easing by 0.25%.
The continued fall of the US index futures in Asian time has spooked the retail-driven fast money markets across the region. The Nikkei 225 and Taipei have tumbled by 2.80%, with South Korea down 1.35%, while Hong Kong is falling 2.20%.
Markets again concerned about inflation
And just like that, we’re back to financial markets schizophrenic flirtation with inflation. Not enough meds have been ingested clearly because all the talk was of ebbing inflation fears after Friday’s mammoth Non-Farm Payrolls miss. Yet overnight, the inflation ghoul reappeared as US yields moved higher, and technology stocks were hammered as cyclical rotation once again moved to the Dow Jones.
Some mentions have been made that the Colonial Pipeline cyberattack could lead to a spike in fuel prices, pushing up, you guessed it, inflation. That is nonsense, of course. Only a prolonged shutdown would show up in the data, and parts of the system are already being bought back in line. To be sure, we have some inflationary hurdles this week, notably in the US, where official inflation is released tomorrow, followed by 10-year and 30-year auctions. However, if the JOLTs Job Openings for April come in much lower than the forecast 7.5 million
Реальная инфляция выше официальной, потому что это политика - экономист
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