COVID-19 restrictions have disrupted trade to the greatest extent since WWII, increasing costs for companies, who are passing on those higher expenses to consumers by raising prices. Will higher product prices hurt company profits?
The markets pay close attention to what the Fed says. When Fedspeak is inconsistent, investors buy or sell according to the changing tune. How will markets react to disharmony among Fed members when US indices are at all-time highs?
Chinese electric carmaker Nio’s earnings release revealed that the company had lower losses and higher revenues than expected in the second quarter of 2021. Sales of electric vehicles were within the predicted range despite the global chip shortage.