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AdvertisementSince 2022, I've had the pleasure of living in Vienna, the world's most livable city . It makes sense to me — living in Vienna comes with many perks, from its walkability to its vibrant culture. I dined out a few times and went grocery shopping twiceVienna has an excellent café culture. My favorite wine in the US was $23 a bottle. MyClubs is 49 euros for four classes a month, so the classes cost me about 25 euros this week.
Persons: I've, , Sonya Matejko, Wilding, I'm, It's, Uber, I'd Organizations: Service, expats Locations: Vienna, Austrian, Europe, New York City, Florida, Austria, Airbnbs, Naples, NYC
PIMCO: Bond markets outside the U.S. are particularly attractive
  + stars: | 2024-04-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPIMCO: Bond markets outside the U.S. are particularly attractiveTiffany Wilding, PIMCO economist, joins CNBC's 'Money Movers' to discuss PIMCO's outlook on bonds and more.
Persons: Tiffany Wilding Organizations: Bond
PIMCO expects first rate cut in June
  + stars: | 2024-03-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPIMCO expects first rate cut in JuneTiffany Wilding, PIMCO economist, joins 'Money Movers' to discuss whether PIMCO's changed its view on what to expect from the Federal Reserve, when it should start cutting rates, and more.
Persons: PIMCO, Tiffany Wilding, PIMCO's Organizations: Federal Reserve
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) surged 1.7% to the highest level in one week. Tokyo's Nikkei (.N225) gained 1.4% to cross the 32,000 level for the first time in two weeks. EUROSTOXX 50 futures rose 0.8% early in Asia, while S&P 500 futures added 0.3% and Nasdaq futures increased 0.5%. While Chair Jerome Powell did not rule out another hike, markets judged he was not quite as hawkish as he might have been. Brent crude futures climbed 1.2% to $85.61 a barrel while U.S. West Texas Intermediate futures were at $81.43 a barrel, up 1.2%.
Persons: nonfarm payrolls, Hong, HSI, Jerome Powell, Treasuries, Tiffany Wilding, Seema Shah, Stella Qiu, Edwina Gibbs Organizations: Apple, SYDNEY, Tokyo's Nikkei, Stock, Nasdaq, Fed, Treasury, PIMCO, Global, Asset Management, Bank of Japan, East, Brent, West Texas, Thomson Locations: Cupertino California, Asia, Pacific, Japan, Europe, U.S, 4Q24
LOS ANGELES (AP) — Antibodies found in early results of a historic new vaccine trial are expected to give endangered California condors at least partial protection from the deadliest strain of avian influenza in U.S. history. The so-called bird flu reached the U.S. in February 2022 after wreaking havoc across Europe. “We’re thankful that we’re getting any immune response,” said Ashleigh Blackford, the California condor coordinator for the U.S. Dr. Carlos Sanchez, the Oregon Zoo’s director of animal health, said wildlife officials faced questions about undertaking the bird flu vaccine study. She hopes the condor study will lead to bird flu vaccines for other endangered species.
Persons: , Hendrik Nollens, “ We’re, we’re, Ashleigh Blackford, wilding, Carlos Sanchez, Dr, Dominique Keller, what's, ” Blackford, Tiana Williams, Williams, Claussen, Organizations: ANGELES, California condors, California condor, condors, Los Angeles Zoo, San Diego, Safari, Oregon Zoo . Authorities, San Diego Zoo Wildlife Alliance, Authorities, U.S . Fish, Wildlife Service, California Gold Rush, LA Zoo, condor Locations: U.S, Arizona, Pacific Northwest, Baja California, Mexico, Europe, South Dakota, Utah, California, Oregon, Northern California
Jobs growth for September nearly doubled expectations as nonfarm payrolls increased by 336,000 for the month, strengthening views that policymakers will need to keep interest rates elevated to cool inflation. Treasury yields move inversely to bond prices. “It’s quite a report,” said Peter Cardillo, chief market economist at Spartan Capital Securities. On the long end of the curve, 30-year yields surged above 5% hitting their highest since 2007. However, Craig Ellinger, head of Americas fixed income at UBS Asset Management, believes more rate increases could be in store.
Persons: Dado Ruvic, , Peter Cardillo, Jake Schurmeier, ” Alex McGrath, Tiffany Wilding, Craig Ellinger, Ellinger, Davide Barbuscia, David Randall, Saqib Iqbal Ahmed, Stephen Culp, Sruthi Shankar, Ira Iosebashvili, Chizu Nomiyama, Diane Craft Organizations: REUTERS, U.S, Treasury, Federal Reserve, Spartan Capital Securities, Harbor Capital, ADP, Fed, UBS Asset Management, Thomson Locations: Treasuries, Americas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're now seeing signs the economy is weakening, says PIMCO's Tiffany WildingTiffany Wilding, PIMCO economist, joins 'Squawk on the Street' to discuss if Wilding is seeing evidence of a weakening economy, whether the weakening economy turns the bond yield story around, and more.
Persons: PIMCO's Tiffany Wilding Tiffany Wilding, Wilding
SHENZHEN, CHINA - MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. "As a result, Chinese economic weakness and falling prices (especially Chinese producer prices) are likely to spill over into global markets — near-term good news for the Western central banks' fight against elevated inflation." "China's disappointing rebound is now feeding negatively into global sentiment and growth. Beyond the trade-related spillovers, a common global disinflationary pressure comes from commodity prices, where as a huge importer of commodities, Chinese domestic demand remains a key factor. "Weak Chinese domestic investment and broad-based excess capacity in manufacturing, as well as weak sales of new homes and land, are likely to continue to depress global commodity demand," Wilding and Liao said.
Persons: Zhong Zhi, Tiffany Wilding, Wilding, Carol Liao, Montgomery Koning, Liao, TS Lombard's Montgomery Koning Organizations: Getty, National Bureau, Statistics, Evergrande, TS Lombard, Lombard, U.S, Census, TS Lombard's Locations: SHENZHEN, CHINA, Shenzhen, China, U.S, Beijing, West, Germany
NEW YORK, Aug 16 (Reuters) - Deflationary pressures in China could spill over into global markets, which is potentially near-term good news for Western central banks as they seek to curb inflation, U.S. asset manager PIMCO said on Wednesday. The economic deterioration could moderate inflation in China and, increasingly, also in the markets served by Chinese goods, PIMCO Economist and Managing Director Tiffany Wilding said in a note. "Deflation, weakening trade, collapsing loan demand, and a paralysed property sector dampen our risk appetite," it said. "For China, the risk of more pronounced deflationary pressure depends crucially on the government’s policies in the coming months," said Wilding. "Adequate fiscal stimulus to boost domestic demand may reaccelerate inflation, while delayed or inadequate policy measures could lead to a downward spiral," she said.
Persons: PIMCO, Tiffany Wilding, , spillovers, Wilding, Davide Barbuscia, Mark Potter Organizations: PIMCO, Oxford Economics, Zhongrong International Trust Co, Thomson Locations: China, Western
How Hip-Hop Changed the English Language Forever
  + stars: | 2023-08-11 | by ( Miles Marshall Lewis | ) www.nytimes.com   time to read: +16 min
We unpacked five words — dope, woke, cake, wildin’ and ghost — that show rap’s unique linguistic influence. Please import it manually on src/routes/(pages)/$PAGE/+page.svelte and add it to the body loop referencing a name on the Google Doc. Please import it manually on src/routes/(pages)/$PAGE/+page.svelte and add it to the body loop referencing a name on the Google Doc. Please import it manually on src/routes/(pages)/$PAGE/+page.svelte and add it to the body loop referencing a name on the Google Doc. Please import it manually on src/routes/(pages)/$PAGE/+page.svelte and add it to the body loop referencing a name on the Google Doc.
Persons: vibrancy, Dave, — Slick Rick, , , , Homer Simpson, Rihanna, “ FourFiveSeconds ”, wilding, Erykah Badu, Megan Thee, Spoonie Gee, Lil Wayne, Spivey’s, “ It’s, Pharrell Williams, Shameik Moore, Zoë Kravitz, ” “, Lana Del Rey, Joe, Marcus Garvey, Lauryn Hill, Marcus Garvey intoned, Ramblin ’ Thomas, William Melvin Kelley’s, presciently, Badu’s, repopularized “, Badu, ” — Childish Gambino, “ Redbone ”, Donald J, Kendrick Lamar’s, Joey Bada, Lil Durk’s, Ron DeSantis, Elon Musk, Sir, they’ve, Munch, Red’s, ” Megan Thee, Patty, Nicki Minaj, “ Heard, Jay, Stackin, Al Pacino, Tony Montana, Morton, wildin, illin, killin, “ Buck Whylin ’, Chuck D, “ Buck Whylin ’ ”, Tonya Harding, Nick Cannon’s, “ wilding ”, Barry Michael Cooper, “ Wilding, Donald Trump’s, Wildin, “ Stylin, — Bruno Mars, Greg Nice, “ Swayze, Patrick Swayze’s, Guy, ghosting, Glock, I’m Swayze, Jared Seay Organizations: Daily News, src, Google, Oxford English, Queens, MTV, New York Times, Trump, Republican, Hulu, WAP, raunch, , Morton Music, Public, The Daily News, Central Park, Oxford, , Adidas, Royce Locations: Oxford, Ethiopia, Africa, Florida, America, U.S
U.S. Treasury yields rose on Friday, after the July consumer price index came in below expectations, with traders now looking ahead to wholesale inflation data. ET, the yield on the benchmark 10-year Treasury note was up by around 2 basis points at 4.1055%, while the yield on the 30-year Treasury bond added almost 3 basis points to 4.2604%. The July CPI indicated that prices rose by 3.2% year-on-year, slightly below the 3.3% consensus forecast among economists polled by Dow Jones. Tiffany Wilding, managing director and economist at Pimco, said the Thursday data would be welcomed by the Federal Reserve. Investors are awaiting more economic data out on Friday, with the July producer price index due at 8:30 a.m.
Persons: Dow Jones, Tiffany Wilding, " Wilding Organizations: Treasury, Federal Reserve, Traders Locations: U.S
Stock futures rose Monday morning as investors readied for a week with more corporate earnings and key inflation readings. S&P 500 futures and Nasdaq 100 futures advanced around 0.2% and 0.3%, respectively. Of the 84% of companies in the S&P 500 that have posted their quarterly results, about four-fifths have exceeded Wall Street forecasts, according to FactSet. Later in the week, investors will shift focus to the release of July consumer and producer price index data. This week's data "may be more convincing, and push the Fed to be patient and watch how the economy evolves for another meeting."
Persons: Tiffany Wilding Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Dow Locations: New York City, U.S
The market is fully expecting another interest rate hike from the Fed in July, after it skipped a rate hike in June. For the Fed, ideal inflation is in the target range of 2%. But he is more encouraged about the economy avoiding recession, which recent economic history said would not be possible. San Francisco Fed President Mary Daly expressed her commitment to lowering inflation even further on "Squawk on the Street" last week. "It's really too early to say that we can declare victory on inflation.
Persons: Tom Werner, Jerome Powell, Ed Yardeni, Yardeni, Paul McCulley, Tom Lee, Fundstrat, Lee, Liz Young, Roger Ferguson, Ferguson, Hugh Johnston, they've, CFOs, Milton Friedman's, Pimco, Tiffany Wilding, Wilding, Mary Daly Organizations: Federal Reserve, Market Committee, Fed, CME Fed, Yardeni, Dow Jones, Dow, PepsiCo, CNBC, Francisco Fed Locations: U.S, Georgetown
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecession could still hit U.S. economy in second-half of 2023, says PIMCO's Tiffany WildingTiffany Wilding, PIMCO managing director, joins 'Squawk on the Street' to discuss her call for a recession and the Fed's next move.
Persons: PIMCO's Tiffany Wilding Tiffany Wilding, PIMCO
Concert season is so weird right now
  + stars: | 2023-07-08 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +5 min
Which “hurls” us into this week’s newsletter…Something to sip on…Pink performs on stage during a concert in Vienna, on July 1. ALEX HALADA/AFP via Getty Images“No home training.” – That’s what my late grandmother would have said about people who are throwing things at artists during concerts these days. Because clearly, if you are throwing things during a concert, you want to be a part of the performance. The married couple have a new weekly podcast, “The Best Podcast Ever.” Part of iHeartMedia’s Outspoken series, the project aims to amplify voices throughout the LGBTQ+ community. “The Best Podcast Ever” debuts July 10.
Persons: Pink, ALEX HALADA, , Lil Nas, Bebe Rexha, wilding, You’re, Tik tok, don’t, Charlie Puth, Adele, … Harrison Ford, Indiana Jones, That’s, ” “ Oppenheimer, Barbie ”, “ Barbie, Miranda Maday, Valerie Macon, Symoné, Miranda Pearman, , Count, … Andrew Ridgeley, George Michael, Wham, Andrew Ridgeley, It’s, Michael Organizations: CNN, Getty, Lucasfilm, BEST, Netflix, Wembley Locations: Vienna, AFP, Stockholm, New York City, Vegas, Beverly Hills, China, England
Sweden, Switzerland and the European Central Bank also tightened policy, taking the total monthly tally of hikes to 225 basis points last month. The latest G10 moves bring the total 2023 rate hike tally among G10 central banks to 950 bps across 28 hikes. "The last leg of inflation reduction to central bank targets may be the most challenging, in our view." Thirteen out of 18 central banks in the Reuters sample of developing economies had interest rate setting meetings last month. This was the second biggest rate hike in recent times since Russia was forced to deliver an emergency 1,050 bps rate hike following its invasion of Ukraine.
Persons: Henry Nicholls, Tiffany Wilding, Hafize Gaye Erkan, Karin Strohecker, Vincent Flasseur, William Maclean Organizations: Bank of England, REUTERS, Australia, European Central Bank, Reuters, U.S, Vanguard, Thomson Locations: City, London, Britain, Norway, Canada, Sweden, Switzerland, U.S . Federal, Turkey's, Russia, Ukraine, China's
Since the release of their last economic projections in March, the unemployment rate has fallen and inflation has largely moved sideways. She expects the Fed to keep its policy rate steady this month "while hinting at potential further hikes," a way to compromise among different views and keep pressure on financial conditions. Fed Chair Jerome Powell and others insist that sort of erratic path is not their base case. The intent, rather, is to reach a "sufficiently restrictive" policy rate and remain at that level until it is clear inflation is falling towards the Fed's 2% target. "I do think they are done" with rate increases, he said, but "I cannot rule out another hike in June."
Persons: they've, Tiffany Wilding, PIMCO, Jerome Powell, Philip Jefferson, Larry Meyer, Ian Shepherdson, Howard Schneider, Paul Simao Organizations: Federal Reserve, Market Committee, Reuters Graphics Reuters, North, Fed, Consumer, Reuters, Reuters Graphics, Labor Department, Pantheon, Thomson Locations: U.S, North American, Washington
Denver startup Cosmic Aerospace is developing a fully electric plane to reduce air pollution from regional flights. The aim is to build an electric plane that operates without any emissions but that can still fly for just over 600 miles. Alex Teng, a partner at 50 Years, told CNBC his firm invested in Cosmic partly owing to the cofounders' experience in aviation. The fund also liked that Cosmic is tackling a problem that other developers of electric planes and air taxis have not solved yet -- getting beyond the short hop flight. "Electric aviation has always suffered from a range problem," Teng said, "but my average flight is over 500 miles personally.
She describes the 12 stages of burnout, a model developed by psychologist Herbert Freudenberger. There are actually 12 stages of burnout. Stage 1: Excessive ambitionThe first of the 12 stages of burnout begins in a seemingly harmless way – with enthusiasm toward your work. Stage 12: Full burnout syndromeFull Burnout Syndrome occurs when you reach a breaking point. Take a moment to reflectWhich of the 12 stages of burnout do you see yourself in?
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed will hike rates once more before banking sector stress shows: PIMCO's WildingTiffany Wilding, PIMCO North American economist and managing director, joins 'Squawk on the Street' to discuss how the Federal Reserve is receiving recent economic data, PIMCO's recession odds and more.
Watch CNBC's full interview with PIMCO's Tiffany Wilding
  + stars: | 2023-04-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with PIMCO's Tiffany WildingTiffany Wilding, PIMCO North American economist and managing director, joins 'Squawk on the Street' to discuss how the Federal Reserve is receiving recent economic data, PIMCO's recession odds and more.
With layoffs seemingly in every major industry, it's natural to feel some layoff anxiety. Layoff anxiety is high among workers. What to do when layoff anxiety is consuming your thoughts1. Ask yourself:What would I do if I'm laid off? Layoff anxiety can stop you in your tracks.
Morning Bid: Central banks try to see through stress
  + stars: | 2023-03-23 | by ( ) www.reuters.com   time to read: +4 min
A look at the day ahead in U.S. and global markets from Mike DolanEven with a nod to greater banking stress, the major central banks all seem determined to tighten the monetary screw another notch. With Treasury Secretary Janet Yellen's pushback against suggestions of a blanket insurance of all U.S. banking deposits unnerving investors again after the Fed decision, few believe the financial stress has fully dissipated. Even though stock markets swooned after the Yellen comments on Wednesday, S&P500 futures were back up smartly ahead of Thursday's open. European bourses and banking stocks were only a touch lower in the face of the latest European rate rises. The dollar hit its lowest since early February but regained its footing ahead of the U.S. open and BoE decision.
LONDON, March 15 (Reuters) - Central banks juggling inflation and financial stability mandates are prompting the wildest swings in bedrock government bonds for over a decade and a surge in volatility that may end up causing problems of its own. "The Fed and other central bankers have lost the luxury of focusing singularly on the fight against inflation," said Manulife Investment Management's Frances Donald. If the history of banking crashes and related credit crunches show them to be deflationary anyway, then many argue a central bank pause now may be the wisest choice. "The Fed is now fighting inflation as well as potential financial contagion," Lombard Odier Chief Investment Officer Stéphane Monier said. The first sign of regional bank stock calm on Tuesday, alongside the sticky core inflation readings for February, prompted a build-back of some bets for one last hike from each central bank.
Overworking is contagious, according to Melody Wilding, an executive coach and author. Having a workaholic as a colleague can make employees feel like it is impossible to keep up. Here are three tips for working with a workaholic colleague without becoming one yourself. "Setting these expectations is really important with the workaholic because it's about not feeling pressure to keep up," she said. Find out what's important for youAttempting to keep up with a workaholic is a losing battle, Wilding said.
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