Reuters Business review for week of 10/16/2023

by Michael E Dehn | Oct 16, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

https://newslink.reuters.com/public/33038532

The Reuters Morning bid for 10/16/2023…a look at the financial markets for the week

by Michael E Dehn | Oct 16, 2023 | Banking and Finance, consumer spending and sentiment, International insights, Latest News, Media

https://newslink.reuters.com/public/33037715

NOT RITE

by Michael E Dehn | Oct 16, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

BREAKING: Rite Aid, $RAD, has officially filed for bankruptcy just days after its 61st anniversary. As part of the bankruptcy restructuring, Rite Aid will close many of its 2,100 stores. The company has had more than $2 billion in losses over the last 5 years and 50%...

SERIOUS Crypto “stuff” projected and defined but remember amidst all the hype that the SEC STILL has NOT given crypto “security” classification for the masses to use, only institutions

by Michael E Dehn | Oct 15, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, Crypto considerations, Fintech

https://www.cryptoglobe.com/latest/2023/10/debt-spiral-could-trigger-dollar-crash-and-boost-bitcoin-ether-and-xrp-prices-as-institutions-eye-critical-hedges/

China on the ropes…

by Michael E Dehn | Oct 15, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, International insights, Latest News, Media, World economic impacts

https://www.businessinsider.com/china-xi-jinping-economy-real-estate-debt-bust-american-companies-2023-10

STAT stuff to look forward to in the coming week

by Michael E Dehn | Oct 15, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

Key Events This Week: 1. Retail Sales data – Tuesday 2. Housing Starts data – Wednesday 3. Existing Home Sales data – Thursday 4. Fed Chair Powell Speaks – Thursday 5. Q3 2023 earnings season begins 6. Total of 17 Fed speaker events 2 weeks...