Economic factors, especially Chinese demand destruction and the growth of renewables, are flattening demand and increasing market volatility for fossil fuels.
Mention of price increases dropped sharply in 2Q earnings calls compared with two years before, says FactSet.
The central bank wants the price index growth to ratchet down to 2%.
Marking a third straight period of losses, the index’s EPS suffered in financials, real estate, material, health care and energy, a survey finds.
After a punishing 2022 ended on a slight upswing, allocators posted a 4.1% increase in this year’s first period, per a Northern Trust study.
The March-ending quarter is expected to book a 6.2% decline, but FactSet says analysts think this is the worst.
Crude prices leap as Saudi oil minister says cartel needs to cut back production.
Despite losing 14.4%, the “oil fund” beat its benchmark by 114 basis points thanks to ... oil.
Riddle No. 2: Why are energy funds not the king of new investment dollars?
Natixis’ Lavorgna sketches out how higher prices shrinks consumers’ income—and imperil the economy.
