Huggabutt
Community MemberSteve posted an update 3 months ago
Potential Yuan Carry Trade Unwind: What It Means for the Markets
The recent unraveling of the yen carry trade, triggered by the Bank of Japan’s rate hike, has led to speculation that the yuan might be next. As China continues to maintain low interest rates to support its slowing economy, analysts are concerned about the potential risks. However,…
Steve posted an update 3 months ago
Disney’s Latest Earnings Report: A Mixed Bag
Disney reported strong earnings, surpassing analyst estimates with an EPS of $1.39 (expected $1.19) and revenue of $23.16 billion (expected $23.07 billion). Notably, Disney’s combined streaming services (Disney+, Hulu, ESPN+) turned a profit for the first time, a quarter ahead of schedule. The…
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