On March 8, 2023, the CBI Committee Grenada conference was held, at which the...
Apple: what a “surprise”
One of the largest US companies, Apple, has released a quarterly report, and few people liked its content.
Apple has reported the first quarterly decline in revenue since 2019.
At the same time, the services segment set a record for revenue.
At the device level, sales fell among smartphones, computers and home gadgets.
On Thursday, the shares rose by 3.7% in the main session, and fell by 3.2% in the postmarket.
Recession risks are decreasing – that’s what assets “say”
JP Morgan has built an investment model in which nine asset classes estimate the probability of a recession at less than 50%.
Back in October 2022, the indicator reflected a risk of 85-100%.
The assets include investment-grade bonds and shares of European companies.
Interestingly, now that investors see a lower probability of a recession, economists are betting on a bigger one.
On March 8, 2023, the CBI Committee Grenada conference was held, at which the...
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