Michael Cuggino on the Markets (Radio)

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Michael Cuggino on the Markets (Radio)

… of Funds President & Portfolio Manager, discusses the latest on the markets with Rishaad Salamat and Doug Krizner on Bloomberg Daybreak Asia.
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Dollar rises after Fed's upbeat economic outlook

At its policy meeting, the Fed pledged to keep rates near zero until the labor market reaches “maximum employment” and inflation is on track to “moderately exceed” the 2% inflation target. The Fed also expects economic growth to improve from the …
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Allegations of deception dog Nikola's lofty aims

As strobe lighting lit up a former railway shed on the outskirts of Turin, Trevor Milton took to the stage. It was December 2019 and the founder of fledgling truckmaker Nikola was enjoying the proudest moment of his life, unveiling an …
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GRAINS-Soybeans at 27-month high on Chinese demand, corn dips

… * Soybeans at highest since June 2018 on hopes of strong demand. * Corn dips from 6-mth peak, fall curbed by China crop losses (Adds quote in paragraph 3, details on China’s corn crop losses). By Naveen Thukral. SINGAPORE, Sept 17 (Reuters) …
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GE Appliance union members overwhelmingly reject proposed contract

LOUISVILLE, Ky. — GE Appliances hourly workers overwhelmingly rejected a contract proposal held Wednesday in Louisville. It’s the second time since the manufacturing complex was purchased by China-based Haier in 2016 that workers voted ‘no’ on a …
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