CIO calls a new phase in the market, says a ‘healthy’ rotation has begun

Jan 8, 2024 | Markets

The so-called “Magnificent Seven” stocks — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — now represent around 30% of the entire market cap of the S&P 500 index. Bank CIO Charles-Henry Monchau said the market will undergo a welcome “broadening of the...

Global Food Prices Post Biggest Annual Drop Since 2015

Jan 5, 2024 | Markets

Steep drop in raw prices could indicate relief for consumers Fall in wholesale prices take time to feed through to retail Global food prices posted the biggest annual drop since 2015, amid signs that lower wholesale food prices are starting to feed through to...

Where Is R‑Star and the End of the Refi Boom: The Top 5 Posts of 2023

Dec 21, 2023 | Markets

The topics covered on Liberty Street Economics in 2023 hit many themes, reflecting the range of research interests of the more than sixty staff economists at the New York Fed and their coauthors. We published 122 posts this year, exploring important subjects such as...

America’s Sugar Shortfall Leaves Candy-Makers Scrounging

Dec 16, 2023 | Markets

A run-up in costs for a key ingredient squeezes the $48.8 billion confectionery sector just in time for the holidays. Bonbons and candy canes may dominate the American holiday aesthetic, but US confectionery companies are feeling anything but jolly as they head into...

Why We Invested — Rypplzz

Dec 15, 2023 | Markets, Rypplzz, Save Change World Companies

Digital meets physical through patented spatial computing In the continually evolving realm of the Internet of Things (IoT), where the boundaries between the digital and physical dimensions merge to reshape our interactions with the world, there is a significant...

Private Equity Sees an Oligopoly Ripe for Disruption

Dec 13, 2023 | Markets

The arcane business of pension buyouts generates good returns for the insurance sector — but are they too good to last?  When private equity firms push into an industry, you know there are decent returns to be made. Just consider their enthusiasm for the arcane...