The Global Household Wealth Report, A Hacking Attack And More
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Social networks are not only for contact with friends, but can also provide relevant information for many teams. Now institutions and companies also use social media to share information, thus giving the impression of being closer to their clients/recipients. Today we take a look at the tweets that provided the community with significant financial and economic information.
In this article:
- An interview with Viktoriya Brand
- The possibility of credit market stabilization
- An additional costs in Ford Company
- Hacking attack and losses
- The Global Wealth Report
Interview with Head of Group Sustainability
Deutsche Bank published an interview with Viktoriya Brand, Head of Group Sustainability. The topic of the interview is "Sustainability is an innovation engine".
“Sustainability is an innovation engine.” Read the interview with Viktoriya Brand, Head of Group Sustainability, in the latest issue of our ESG Quarterly newsletter: https://t.co/sb4oGS57vq #ESG #sustainablefinance #netzero #transition pic.twitter.com/WKZLoxa9NU
— Deutsche Bank (@DeutscheBank) September 20, 2022
By observing the statements of the directors of individual bank departments, we can determine what standards and policies are followed. Deutsche Bank as one of the largest attracts special attention. Following the statements of Viktoriya Brand, it is possible to determine whether sustainable development is and will be pro-ecological.
Credit Market
Morgan Stanley posted a tweet about credits and stocks. in his tweet, he points out that the economic situation in the US and Emerging Markets can help maintain stability in the credit market.
While credit and equities have both suffered this year, economic conditions in the U.S. and Emerging Markets may lead to credit having a bit more stability in the coming months.
— Morgan Stanley (@MorganStanley) September 19, 2022
Read more about this episode: https://t.co/YzKaKA4SmR pic.twitter.com/LjLb3ELluo
It is important to look at the forces educating individual markets as they can give signals about investment opportunities. In times of rising inflation and rising interest rates, the credit market is very unstable. Disclosure of the possibility of market stabilization may lead consumers to take risks and take credit.
The Ford has a problem with chain cost
CNBC Now, in its tweet, addresses the issue of supply chain costs at Ford.
Ford warns investors of an extra $1 billion in supply chain costs during the third quarter https://t.co/gSjAczxEg3
— CNBC Now (@CNBCnow) September 19, 2022
Inflation has also hit car companies, Ford is one of them. Information about additional costs may adversely affect investors.
Hacking attack
CoinGecko's new tweet is about a hacker attack. We learn from it that the Crypto market-maker @wintermute_t has been hacked. He lost $160M in the shortcut.
BREAKING: Crypto market-maker @wintermute_t has been hacked for $160M, according to its CEO @EvgenyGaevoy. https://t.co/HS2wnp4HYf
— CoinGecko (@coingecko) September 20, 2022
Security in the cryptocurrency market still requires constant refinement. Losses in the millions are controversial. Such events may discourage people who are just starting their adventure with investing.
The Global Wealth Report
Credit Suisse's latest tweet it concerns household wealth and its distribution in different geographic locations and different wealth ranges. The importance for the household wealth economy is explained in the attached video.
Our latest study looks at household wealth and its distribution across geographies and different wealth bands. Wealth indicators allow us to assess the resilience of countries and the health of the global economy. To learn more: https://t.co/UHBxq0sni9
— Credit Suisse (@CreditSuisse) September 20, 2022
The Global Wealth Report shows continued wealth growth across all regions led by North America and China. Such a report provides a lot of valuable information not only about the condition of economies in the world, but also about the situation of households. Anyone analyzing this report can draw conclusions about where in the world are the best conditions for getting rich and where the worst. It may also influence and individual decisions about where to live, i.e. future migration movements.
