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But what could mark the end of zero-Covid may be just the beginning of China's pandemic problems. Not to mention there are doubts that China's economy will be able to make a swift recovery even as it moves away from zero-Covid. "Between companies that manufacture in China for China, they're not going anywhere," Jeff Moon, China Moon Strategies founder and former assistant U.S. trade representative for China, said in an interview. "But there are also companies that are manufacturing in China for export out of China, and those are the companies that are actually looking to at different locations." Watch the video to learn more about how China's stringent zero-Covid policies collapsed and the challenges the world's second-largest economy faces as it moves to reopen.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina protests send global stocks lower as experts see Covid disruption persistingGlobal stocks moved lower after rare protests erupted across China over the country's stringent zero-Covid policy — the Dow declined 497.57 points while the S&P 500 dropped by 62.18 points. Six experts discuss the impact on U.S. markets.
What happens to inflation in 2023?
  + stars: | 2022-11-21 | by ( Noah Higgins-Dunn | Jeff Morganteen | Jeff Cox | ) www.cnbc.com   time to read: +1 min
There are hints that the worst of the U.S.'s bout with inflation may be in the past. The consumer price index, a widely watched inflation gauge, came in at 7.7% in October when compared with a year earlier. Inflation can be very hard to predict," Kevin Kliesen, business economist and research officer at the Federal Reserve Bank of St. Louis, told CNBC in an interview. However, any potential downturn is expected to be mild, The Conference Board CEO Steve Odland told CNBC. This could be a much less painful experience with the Fed trying to tame inflation than it has been in the past," Odland said.
There are hints that the worst of the U.S.'s bout with inflation may be in the past. The consumer price index, a widely watched inflation gauge, came in at 7.7% in October when compared with a year earlier. While that was still well above the Federal Reserves' 2% target, it did clock in below Wall Street's expectations. However, any potential downturn is expected to be mild, The Conference Board CEO Steve Odland told CNBC. This could be a much less painful experience with the Fed trying to tame inflation than it has been in the past."
From groceries to used cars and airline tickets—the prices for everyday goods and services have skyrocketed in 2022. That has prompted policymakers to drastically recalibrate monetary policy in an attempt to thwart inflation's damage to consumers' paychecks. One of the most widely cited tools at their disposal is the consumer price index, also known as the CPI. The consumer price index is the average change in the prices paid by consumers for a basket of goods and services over time. Watch the video above to find out how the Bureau of Labor Statistics calculates the CPI, and what it means when it comes to the U.S. economy.
From the best of times, to the worst of times: The market for initial public offerings has fallen off a cliff in 2022. The decline has been striking given the record level of proceeds raised through public markets just a year prior. U.S.-listed companies raised over $155 billion in proceeds in 2021 through their initial public offerings, according to data from EY and Dealogic. Part of the clog in the IPO pipeline has been caused by the dismal performance of companies that went public in 2021, Gerring said. Watch the video above to find out how the IPO market went from boom to bust in 2022, and whether experts forecast a rebound in 2023.
From the best of times, to the worst of times: The market for initial public offerings has fallen off a cliff in 2022. The decline has been striking given the record level of proceeds raised through public markets just a year prior. U.S.-listed companies raised over $155 billion in proceeds in 2021 through their initial public offerings, according to data from EY and Dealogic. Part of the clog in the IPO pipeline has been caused by the dismal performance of companies that went public in 2021, Gerring said. Watch the video above to find out how the IPO market went from boom to bust in 2022, and whether experts forecast a rebound in 2023.
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