Monetary policy to dictate global equities’ volatility and direction
Monetary policies will remain the key determinant of both equity markets direction and style leadership between growth and value.
Stocks
Chinese stocks gain US$70 billion as Ant Group’s new US$1.5 billion plan fuels investor optimism
Pinduoduo’s Colin Zheng Huang and Ant Group’s Jack Ma each added billions to their fortunes.
Fed expects no interest rate cuts in 2023
The Fed is expected to raise rates again on February 1.
Meta fined over US$400 million by EU for alleged personal data collection violation
Meta, the parent company of Facebook and Instagram, plans to appeal the decision.
Cathie Wood buys US$19 million in Tesla stock as new ‘major worry’ emerges
The long-time Tesla bull Wood is doubling down.
Sam Bankman-Fried pleads not guilty, trial set for October
The fallen mogul faces up to 115 years in prison if found guilty on all counts.
Warren Buffett-backed BYD’s EV sales soar to monthly record
Sales of new energy vehicles at BYD, China’s top-selling electric vehicle maker, more than doubled in December.
Tesla posts record EV deliveries – but misses expectations
The company finally broke the 1 million-unit mark in 2022.
Lithium and rare earths tipped for 2023 gains; share markets sink in 2022
2022 saw the worst annual performance on the S&P/ASX 200 since 2018.
US markets close out worst year since 2008
The Dow fell 9% in 2022, while the S&P 500 fell 20% and the tech-heavy NASDAQ 34%.