This is not only important for Americans who guard their wallets. What is eager to know is that investors and economists are also closely reviewing the trend of price increases: Is this a phenomenon of the past as the country experiences a once-in-a-lifetime economic shock, or a more sustained trend of the 1970s? ?
The answer to this question will have a huge impact on the financial market. If the Fed starts to believe that inflation is indeed a problem, it may raise interest rates earlier or reduce the rate of bond purchases. This will trigger a sharp sell-off of high-growth assets, which set the tone for investment in the pandemic era.
But wait: the Fed has made it very clear that it believes inflation will be temporary.
Fed Chairman Jerome Powell told reporters at the end of last month: “With the reopening of the economy, the one-time price increase will be the same as in the future, and it will not lead to a continuous increase in year-on-year inflation.”
They wrote: “In general, we do not see the current government’s temporary expenditures for pandemic relief will lead to the risk of rising inflation.
The economist added that other spending recommendations on infrastructure, employment and healthcare are worth monitoring.However, due to expenditure “may be allocated for a longer period of time [and] Partially offset by tax measures”, “can limit concerns about overheating the economy.”
The goal of private equity is sports.Fans flinched
In New Zealand, rugby is more than just a sport. This is a national obsession, a major cultural force and a great sense of pride.
New Zealand actor Sam Neill, known for his roles in the “Jurassic Park” series, said on Twitter earlier this week: “This is really scary.” [All Blacks] There is a danger of becoming another bloody company. “
Last week, the provincial unions that manage the New Zealand sport reached an agreement that would allow Silver Lake Investment to obtain the unanimous approval of the much-needed US$279 million. But still need the approval of high-level players, they have expressed concern about the transfer of minority control rights.
All black veteran Dane Coles said in an interview with local media: “It has nothing to do with money.” “This is about keeping the game in the best hands and letting us have the brightest possible future.”
Silver Lake, which manages $79 billion in assets, declined to comment on CNN Business.
The deadlock is the latest example of fans and players boycotting billionaires, and companies and investors injecting huge sums of money into the sports world. These billionaires, companies and investors accuse some people of putting profits above tradition. The fans achieved a major victory in this battle last month. They rebelled against the planned UEFA Super League, which would have benefited a few car owners but runs counter to the traditions of European football.
Private equity companies buy and reorganize businesses in the hope of making a profit, and they stand at the forefront of sports investment. They target teams, championships and governing bodies, promising much-needed funding and business acumen. But in some cases, they will increase their investment in the opposition of discreet fans.