California gasoline stocks fall to record lows as Hormuz disruption bites
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ECB Must Be ‘Vigilant’ Without Rushing Rate Hikes, Muller Says
The European Central Bank needs to stay “vigilant“ to potential inflation risks from the Iran war but mustn’t act in haste, Governing Council member Madis Muller said.
Planet Money Turned Everyday Annoyances Into an Economics Book
Mary Childs and Alex Mayassi explain the world.
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Odd Lots: Planet Money Explains the World (Podcast)
There are a lot of things to be annoyed about in modern life. The high cost of food and housing and childcare. Dating apps that don’t seem to work. The fear of AI replacing you at your job. These are all common complaints and concerns, and each of them can be traced to a specific economic phenomenon or market structure issue. Once you start thinking about the world in this way, you can’t unsee it. In this episode, we speak with Planet Money co-host Mary Childs, and contributor to the podcast, Al
Australia Treasury Reversed Course on Debt Office to Call Review
Australia’s Treasury initially opted to set aside complaints about the nation’s sovereign debt manager before reversing course weeks later to order an independent review, documents released Friday under a Freedom of Information Act request showed.
Goldman Sachs Says Market Recovery Hinges on ‘Rates Relief’
Christian Mueller-Glissmann, head of asset allocation research at Goldman Sachs, discusses the equities rally, the impact of US-Iran de-escalation on sentiment, and whether the markets recovery is sustainable. “I think we need central banks to shift back to a bit to where we were before,” Mueller-Glissmann tells Bloomberg Television. “We need the rates relief to come in.” (Source: Bloomberg)
Stock Gains Pause, Rally Remains Intact: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)