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☆ Global rice shortage is set to be the largest in 20 years – here's why
▼ + stars: | 2023-04-19 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +6 min

The global rice market is set to log its largest shortfall in two decades in 2023, according to Fitch Solutions. "At the global level, the most evident impact of the global rice deficit has been, and still is, decade-high rice prices," Fitch Solutions' commodities analyst Charles Hart said. That would mar the largest global rice deficit since 2003/2004, when the global rice markets generated a deficit of 18.6 million tonnes, said Hart. "The global rice production deficit situation will increase the cost of importing rice for major rice importers such as Indonesia, Philippines, Malaysia and African countries in 2023," said Tjakra. "It is our view that global rice production will stage a solid rebound in 2023/24, expecting total output to rise by 2.5% year on year," Fitch's report forecast, hinging on India being a "principal engine" of global rice output over the next five years.

☆ The stock market is getting the jitters as this bearish signal flashes red again. Here's why the surge in bond yields is spooking the bulls.
▼ + stars: | 2023-03-02 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +5 min

The bond market is capturing a shift higher in interest-rate expectations, which is bad news for stocks. The yield on the 10-year Treasury note breached 4% this week for the first time since November. And high bond yields may be here to stay, according to billionaire investors such as Bill Gross and Jeffrey Gundlach. And this change of sentiment is basically what's reflected by the latest jump in bond yields, which has corresponded with declines in stocks. What's next for bond yields?

☆ Are we on the brink of a corporate credit crisis?
▼ + stars: | 2023-02-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Economists at S&P Global Ratings forecast that speculative-grade (perceived to have a lower level of credit quality compared to more highly rated, investment-grade, companies) corporate default rates in the US and Europe will double this year alone. So are we on the brink of a corporate credit crisis? Before the Bell spoke with Ruth Yang, managing director and global head of thought leadership at S&P Global Ratings to discuss what lies ahead for the corporate credit market. Before the Bell: What’s your big picture view of the credit economy right now? There will be slower growth with thinner margins and that’s going to change how people look at their investment opportunities.

☆ What to watch for when 9 Club holdings report earnings on Thursday
▼ + stars: | 2023-01-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

So far, earnings season has been mixed — we've seen some strong results from Club holdings Morgan Stanley (MS) and Halliburton (HAL). Projected revenue: $4.58 billion Projected EPS: $1.30 Conference call at 9:30 a.m. Projected revenue: $7.33 billion Projected EPS: $1.81 Conference call at 10 a.m. Projected revenue: $9.26 billion Projected EPS: $2.51 Conference call at 8:30 a.m. Projected revenue: $121.19 billion Projected EPS: $1.94 Conference call at 5 p.m.

“Let’s say no to Norma Torres because she has caused so much harm to El Salvador,” one of the many tweets read. The State Department considers this an attempt to influence the elections. You can say someone is interfering with the election, you can call it election interference. El Salvador President Nayib Bukele and his party Nuevas Ideas, or New Ideas, and its allies won the biggest congressional majority in the country’s history. Bukele and Torres met once in 2019 when she was with a congressional delegation visiting El Salvador.

☆ Five years after Hurricane Maria, Puerto Rico's power grid is still costly and unreliable
▼ + stars: | 2022-10-22 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

The state of Puerto Rico's power grid has been a sore spot for many island businesses and residents, leading to backlash against Luma Energy — the company brought in to operate and improve the grid after Hurricane Maria. Many businesses were forced to shut down for weeks after Hurricane Fiona hit. Luma Energy officially took over control of the island's power grid in June 2021 for the Puerto Rico Electric Power Authority, or PREPA. In July, about two months before Hurricane Fiona hit Puerto Rico, hundreds of residents marched to Gov. The company also said Oct. 10 that power had been restored to 99% of clients affected by Hurricane Fiona.

☆ Northwestern Mutual's chief strategist says the Fed could push the economy off a deflation cliff if it doesn't slow its pace — and shares 4 ways to hedge against declining earnings
▼ + stars: | 2022-10-21 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

Brent Schutte believes that the Fed risks pushing the US economy into a deflationary environment. He shared four asset classes to hedge against the earnings decline that many analysts anticipate. While stubbornly persistent inflation has been top of mind recently for most investors, lately Brent Schutte has been growing increasingly worried about the opposite case — deflation. "2014 to 2020, we all were worried about deflation; that's what everybody wanted to talk about. But once the economy has reached a downturn, Schutte thinks that inflation won't continue to persist.

☆ Soaring rent, food costs keep U.S. inflation on front burner; labor market tight
▼ + stars: | 2022-10-13 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

Food prices increased 0.8%, with the cost of food at home advancing 0.7% amid rises in all six major grocery store food groups. The war in Ukraine also poses an upside risk to food prices. In the 12 months through September, the CPI increased 8.2% after rising 8.3% in August, decelerating for a third straight month. The so-called core CPI is being largely driven by the higher costs for rental accommodation. The core CPI jumped 6.6% in the 12 months through September, the most since August 1982, after rising 6.3% in August.

☆ Here’s our October rapid-fire update on all 34 stocks in Cramer’s Charitable Trust portfolio
▼ + stars: | 2022-10-13 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +13 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. For Club members who are seeking income, we think a stock like Devon represents a better option than, say, AbbVie. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Markets are now treating UK bonds like Greek and Italian debt
▼ + stars: | 2022-09-27 | by ( Julia Horowitz | ) edition.cnn.com time to read: +6 min

The price of benchmark 10-year UK government bonds also increased slightly. “This is a situation where government borrowing costs — and therefore all our borrowing costs — are incredibly vulnerable,” economist Mohamed El-Erian, an adviser to Allianz, told the BBC on Tuesday. It will drive up import costs, adding to pressure on the Bank of England to hike interest rates faster and higher. Previously, markets were absorbing about £100 billion ($108 billion) in UK bonds annually, according to Ross Walker, chief UK economist at NatWest Markets. Yet higher borrowing costs will have consequences for both the government and households.

☆ 'Survivor' players reveal what it's really like to compete on the show
▼ + stars: | 2022-03-11 | by ( Meghan Cook | ) www.businessinsider.com time to read: +30 min

Former "Survivor" players told Insider what competing on the reality series is really like. Sleeping arrangements are rougher than viewers might thinkTom Laidlaw and Elaine Stott at camp on "Survivor: Island of the Idols." For more details, read 'Survivor' players reveal how the show chooses their only outfit and what it's like wearing it for up to 39 days. For more details, read 'Survivor' players break down 5 moments they wished aired on the show and 4 they're relieved didn't. For more details, read 'Survivor' players reveal what it was like getting their periods on the island.

Persons: —, Tyson Apostol, Apostol, Goliath, Davie Rickenbacker, he'd, Rickenbacker, Russell Swan, Malcolm Freberg, Andrea Boehlke, Jeff Probst, Probst, Elaine Stott, Stott, Jeff, Greg Gayne, Freberg, that's Mark Burnett, Tom Laidlaw, Lauren, Ashley Beck, Beck, We'd, Karishma Patel, Patel, Parvati, You've, — Beck, Kellee Kim, Noura Salman, he's, Boehlke, that's, Eddie Fox, she's, Tommy Sheehan, Dean Kowalski, Dan Spilo, Jamal Shipman, Shipman, Elaine, they're, vaginas, Aaron Meredith, Monica Culpepper, Gervase Peterson, doesn't, Apostol didn't, I've, Kim, David, Gabby Pascuzzi, Christian Hubicki, Nick Wilson Organizations: Service, CBS, FILA, Getty, Ivy League Locations: Philippines, There's, Fiji, didn't

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