Demand is recovering rapidly, and oil prices can fly again. Extreme conditions are expected to rise to 100 US dollars by the end of next year
Original title: Demand is recovering rapidly, and oil prices can fly again. In extreme cases, it is expected to rise to 100 US dollars by the end of next year. On September 29, oil analyst Tsvetana Paraskova wrote that a rapid recovery in oil demand indicates higher oil prices. Global oil demand is recovering from a surge in the summer Delta variant, faster than some observers had anticipated. Many analysts and oil companies believe that global oil demand will return to the level before the 2019 pandemic crisis as early as the beginning of next year, and by the end of 2021, if not sooner. Analysts and OPEC members expect this year
Federal Reserve Governor Waller: the threshold for raising interest rates is "much higher" than minus.
Christopher Waller, the Fed governor, said downsizing the Fed's $120 billion-a-month asset purchase programme would require "significant further progress" in the economy, while raising interest rates would require "almost achieving dual goals". "I think restoring 85 per cent of jobs is a major step forward; but it is not enough to support a rise in interest rates," Waller said in an interview. "We will pay close attention to the different distribution effects of policies," he said. "We see a lot of inequalities in the way the economy recovers." He said inflation is unlikely to worsen and will cool down, but "it will be better than what I set in May."
Berkshire liquidated its position in Bojian and other stocks in the second quarter and reduced its holdings in General Motors Co.
According to the 13F position report submitted by Buffett's Berkshire Hathaway to the US Securities Regulatory Commission (SEC), the company cleared its positions in pharmaceutical companies Biogen, Axalta Coating Systems and Liberty Global plc.An in the second quarter, reduced its holdings in General Motors Co, and increased its holdings in supermarket chains such as Kroger. According to the 13F report, Berkshire's total market capitalization of its positions in the second quarter was about $293.023 billion, with the top ten positions accounting for 87.51 per cent.
Job openings in small businesses in the United States hit a record high. More companies plan to raise wages.
A record percentage of US small business owners said they had unfilled jobs in July, while more companies plan to raise wages to attract much-needed workers, according to data released by the National Alliance of Independent Enterprises (NFIB) on Thursday. About 49 per cent of companies had job openings last month, up 3 per cent from June and the highest monthly figure since data began in 1986, according to NFIB. In addition, a record 27% of small business owners said they planned to raise their salaries in the next three months. "it is difficult for small business owners to find the right people to fill their vacant positions, which has been weakened in the busy summer.