BUSINESS
A golden age of consumer convenience is passing
The multiyear summer of cheap and easy consumer convenience looks for now to be a thing of the past
BUSINESS
Western sanctions have had ‘limited impact’ on Russian oil output, says IEA
Rerouting of Moscow’s crude to India, China and Turkey has helped offset curbs elsewhere
BUSINESS
Fed’s Mary Daly says it is too early to ‘declare victory’ on inflation fight
San Francisco president points to price rises remaining ‘far too high’ but signals initial support for smaller rate increases
BUSINESS
Social media’s big bet: the shopping revolution will be livestreamed
Internet platforms including TikTok, YouTube and Amazon say the future of retail is live ecommerce, but early experiments in the UK and the US suggest there’s still a long way to go
BUSINESS
Global supply chain pressures are easing — for now
The average cost of taking the standard 40-foot metal box across the world’s oceans is down by about 45 per cent from its peak in the autumn of last year
BUSINESS
Europe can withstand a winter recession
Energy substitution, solidarity and conservation can help overcome the effects of a Russian gas embargo
BUSINESS
Mohamed El-Erian writes: It is too early to declare risk of US recession is over
Rate rises and contraction of the Fed’s balance sheet may still pull the rug from under the economy and markets
BUSINESS
Investors sell stakes in PE/VC funds at a record pace
Pension funds among those that sold $33 billion worth of stakes in private funds in first six months of the year
BUSINESS
The US and China are decoupling, but not as fast as you think
Current hostilities make the narrative credible but the long-term picture is more complicated
BUSINESS
Tim Harford writes: Economists must get more in touch with our feelings
Fund managers missed a trick by taking refuge in cash
BUSINESS
Market rally delivers hard lessons for fund managers
Too much money was tied up in the safe hidey hole of cash before stock prices bounced back
BUSINESS
Cryptocurrencies: Tech companies should follow Tesla’s lead and sell out of bitcoin
Holding reserves in volatile assets is becoming increasingly untenable. So far this year, the crypto market’s value has fallen by more than $1.2 trillion
BUSINESS
Investors grow frustrated with hedge funds after historic losses
Industry is on track to post one of its worst years on record as long-short players struggle
BUSINESS
India could surpass China as world’s biggest minerals buyer, says economist
The real story of emergence and product mix, thinking about the energy stack and about minerals, does become India
BUSINESS
Venture capital’s silent crash: When the tech boom met reality
Investors of all stripes have crashed the clubby world of VC, drawn by the potential of tech start-ups. But there are signs the party is over
BUSINESS
Meta/Alphabet: Falling ad sales will ramp up pressure on side hustles
In the years before the tech bubble burst, Facebook and Google could have profitably spun off their vanity projects. Instead, side ventures are gobbling up plateauing profits from the core businesses
BUSINESS
How bad will the global food crisis get?
Food commodity prices are falling, but experts say global production and hunger rates might be even worse in 2023
BUSINESS
Howard Marks writes: Investors need to stay away from the herd to outperform
Portfolio shifts should not be based on short-term results as no strategy will make every quarter or year successful
BUSINESS
Why do we still bother with active funds?
‘Manager vs Machine’ report finds that passive funds have fared better in choppy markets
BUSINESS
Is the dollar about to take a turn?
If the economy and inflation weaken, the Fed is likely to pause and the US currency will reverse direction
BUSINESS
Mohamed El-Erian writes: Investors still need to tread warily in emerging markets
A strong general case for emerging markets exposure needs the big macro threats to lift or to be better reflected in valuations
BUSINESS
‘Look at the 1960s, not 1970s, for economic lessons’
Veteran fund manager warns inflation could persist for years, shaping investment views
BUSINESS
Value stocks are ready for their moment
Value stocks look primed to outperform growth stocks if the spread between valuations reverts to its historical mean
BUSINESS
Generation moonshot: Why young investors are not ready to give up on risk
Even amid a meltdown in crypto markets, DIY traders who came of age after the financial crisis no longer want to play by the old rules
