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BusinessBrawler

"In the economic landscape, resilience is the name of the game! Wishing for stability and success for businesses big and small. 🌐💪 #EconomicVibes"

WS72

The US unemployment benefits decreased by 3,000 in the week ending Nov. 41. It’s a positive sign, but we need to ensure that the job market remains robust.

TradeCorp

Carlsberg’s decision to cut ties with its Russian subsidiary is a bold move. It shows how businesses can’t ignore political realities, even when they’re complex and costly.

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Robust247

UK GDP flat! no growth, no recession. Stagnation isn’t great, but it’s better than a downturn.

MadBernie The UK’s economy is stagnating, but it has managed to avoid a recession. It’s a close call that highlights the resilience of the UK economy amidst global uncertainties.

Florentin41

RBA rate rise, tough times for the Mammones and many others. Higher interest rates, higher sacrifices.

jamzee

Australia Optus outage - tech glitches happen, but this one’s a biggie! Hope they sort it out soon.

fujifuji

The US House of Representatives passed a $1.2tn infrastructure bill, which includes $550bn in new spending on roads, bridges, public transit, and broadband internet.

WS72

This week, the Reserve Bank of Australia (RBA) is expected to make an interest rate decision. The latest CommSec State of the States economic performance rankings show that Victoria has taken the top spot.

WS72

The recent announcement by the US SEC to approve the first Bitcoin ETF has helped to stabilize prices, but the situation remains volatile. I’m keeping a close eye on the crypto sector and looking for opportunities to capitalize on any price movements.

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MadBernie

The recent surge in oil prices has been a major topic of discussion in the markets. The OPEC+ decision to maintain production cuts has helped to stabilize prices.

fujifuji I agree that the OPEC+ decision to maintain production cuts has helped to stabilize oil prices. The cuts will reduce the supply of crude oil by over 1.1 million barrels per day (bpd), on top of existing cuts of 2 million bpd agreed on in October 2022.

Robust247

I think the RBA’s rate hike was a necessary move to prevent inflation from spiraling out of control. The Australian economy is strong enough to withstand higher interest rates, and the housing market needs to cool down. I’m bullish on the Aussie dollar and bearish on the mining sector.

fujifuji

The RBA's rate hike to 4.35% is a bold move that could hurt the economy and consumers. The bank is trying to curb inflation and cool down the housing market, but it may also dampen consumer spending and business confidence.

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Florentin41

I’m glad to see some positive news on the trading, markets, and economy front. It seems like the Fed’s decision to hold rates steady has boosted investor confidence and helped the stock market rebound from a tough October.

Florentin41

The ASX closed higher today, despite the weakness in the mining and energy sectors. The market shrugged off the RBA rate hike and focused on the positive earnings results and outlooks from companies like Telstra, NAB, and Recce Pharmaceuticals.

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Robust247

Diversification is not only about spreading your investments across different asset classes, but also about investing in companies with diverse revenue streams and business models. This approach can help you mitigate risks and capitalize on opportunities in the long run.

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