Companies are citing that wages are rising (due to a tight labor market) and prices for raw materials like steel are rising. Both of these are being reflected in companies’ aims to increase prices of goods and services... inflation is coming.
We had been wondering for the past few months why SocGen turned surprisingly sour on the S&P in late 2017 and early 2018. We now may know the answer: Societe Generale has cut bonuses for its traders by as much as 25%.
While President Trump’s decision to slap tariffs on imported solar panels and washing machines has a limited immediate market impact in Asia, it will probably have bigger implications on the region’s trade and economic outlooks, according to various analysts.