India’s Impending Economic Boom | Tim Moe Outlook For Global Markets In 2023
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A lot of information also appeared on social networks of financial institutions and the press.
In this article:
- Credit Suisse's situation
- The Inflation Reduction Act
- India can became one of the largest economies
- The outlook for global markets in 2023
- Gifts for children
Cost Cuts
Reuters Business tweets about Credit Suisse's situation
Exclusive: Credit Suisse looks to speed up cuts as revenue outlook worsens https://t.co/qY3I1lXy4a pic.twitter.com/k2CeNEPFni
— Reuters Business (@ReutersBiz) December 2, 2022
The Swiss bank found itself in a difficult situation. Takes action to limit losses. The next step is to cut costs. So what should you expect? Can cost cuts mean cuts in the number of employees? There is a high probability of such a scenario.
The most ambitious and comprehensive legislative action
Credit Suisse tweets about The Inflation Reduction Act
The Inflation Reduction Act is the most ambitious legislative action the US has ever taken on addressing climate change. Our latest report says it could have a profound effect across industries for the next decade and beyond. #inflationreductionact
— Credit Suisse (@CreditSuisse) December 1, 2022
Funding for innovation and R&D could position the US as a leader in the low-carbon economy. As the United States is the world's largest producer of fossil fuels, the IRA adds to the strategic advantages the country already has - in terms of natural resources, infrastructure, geological storage, technical expertise and technological talent - and could enable the industry to become the dominant energy supplier in a low-carbon economy. The combined benefits of clean electricity and manufacturing tax credits would make US solar and wind the cheapest in the world. The Inflation Reduction Act 2022 (IRA) is the most ambitious and comprehensive legislative action the United States has ever taken on addressing climate change, according to Credit Suisse.
India can became one of the largest economies
Morgan Stanley tweets about India’s impending economic boom
India is on track to become the world’s third largest economy by 2027 thanks to global trends and key investments the country is making in technology and energy. Find out more about India’s impending economic boom. https://t.co/7AfAV7IdgU
— Morgan Stanley (@MorganStanley) December 2, 2022
India is already the fastest-growing economy in the world. The country is developing not only economically but also technologically. India is also poised to become the factory to the world, as corporate tax cuts, investment incentives and infrastructure spending help drive capital investments in manufacturing. Moreover, it is highly populated, and thus many modern scholars come from this country. Such prospects work in favor of India, which may become one of the largest economies.
Bloomberg TV interview
Goldman Sachs in its Bloomberg TV interview with its Chief APAC Equity Strategist Tim Moe.
"We've upgraded our view on Korea and feel very enthusiastic about that call." Find out why in this Bloomberg TV interview with our Chief APAC Equity Strategist Tim Moe, who shares our regional market outlook for 2023: https://t.co/QpIR7eGmBR"
— Goldman Sachs (@GoldmanSachs) December 2, 2022
Tim Moe, Goldman Sachs Chief APAC Equity Strategist, discusses his outlook for global markets in 2023. The coming new year will also be full of challenges, because the situation will not change suddenly. Specialists, on the basis of current data, try to predict, forecast what may happen. The emerging comments on this subject may be useful for investors or other market participants in early 2023.
Stocks and funds as a Christmas gift?
Morningstar, Inc. tweets about stocks and funds as a Christmas gift
This holiday season, why not put the "stock" in "stocking stuffer"? 🎄 https://t.co/msMLlYDN08
— Morningstar, Inc. (@MorningstarInc) December 2, 2022
The Christmas period is associated with a family atmosphere, and especially with gifts for children. Therefore, it is worth considering a more practical gift. The author of the tweet suggests that stocks and bonds can become as valuable a gift as toys. In adulthood, they can even turn out to be the best gift of childhood.
