State-owned Bharat Electronics (BEL), on Wednesday, March 5, announced March 11 as the record date to determine the shareholder eligibility for its Rs 1.50 per share interim dividend.
US job market is getting worse under the surface:
People working part-time jobs while seeking full-time employment jumped 460,000 in February, to 4.9 million, the highest since May 2021.
Over the last 2.5 years, the number of underemployed Americans has risen by 1.3 million.
These people are now considered part-time as their working hours have been reduced or they were unable to find a full-time role.
As a result, the underemployment rate (U-6) hit 8.0%, the highest since October 2021.
Meanwhile, the number of Americans not in the labor force who currently want a job hit 5.9 million last month, the highest since July 2021.
US underemployment is skyrocketing.
People working part-time jobs while seeking full-time employment jumped 460,000 in February, to 4.9 million, the highest since May 2021.
Over the last 2.5 years, the number of underemployed Americans has risen by 1.3 million.
These people are now considered part-time as their working hours have been reduced or they were unable to find a full-time role.
As a result, the underemployment rate (U-6) hit 8.0%, the highest since October 2021.
Meanwhile, the number of Americans not in the labor force who currently want a job hit 5.9 million last month, the highest since July 2021.
US underemployment is skyrocketing.
Anant Parashar’s NIFTY & BANKNIFTY Updates
US job market is getting worse under the surface: People working part-time jobs while seeking full-time employment jumped 460,000 in February, to 4.9 million, the highest since May 2021. Over the last 2.5 years, the number of underemployed Americans has…
A situation like COVID might brew in a couple of years causing a similar crash in 2026-2027 without having a dangerous virus like COVID, without any catalyst.
Market probabilities of a US recession are rising:
5-year Treasuries are now pricing in a 52% chance of a recession within the next 12 months, up from 45% in November.
Furthermore, recession odds priced-in by the Russell 2000 index spiked to 48% from just 1% in November.
At the same time, the S&P 500's odds of a downturn jumped to 22%.
Base metals also show a 52% probability of a recession.
On the other hand, investment grade and high-yield corporate bonds are pricing in just 8% and 5% chance, respectively.
5-year Treasuries are now pricing in a 52% chance of a recession within the next 12 months, up from 45% in November.
Furthermore, recession odds priced-in by the Russell 2000 index spiked to 48% from just 1% in November.
At the same time, the S&P 500's odds of a downturn jumped to 22%.
Base metals also show a 52% probability of a recession.
On the other hand, investment grade and high-yield corporate bonds are pricing in just 8% and 5% chance, respectively.
Anant Parashar’s NIFTY & BANKNIFTY Updates
1st April is going to be a big day either side according to WESTERN ASTROLOGY.
Saw the #NIFTY fall more than 400 points off the top.
Saw the #BANKNIFTY fall more than 900 points off the top.
Saw the #BANKNIFTY fall more than 900 points off the top.
#NIFTY with one of the worst sell offs post covid.
BREAKING: China is considering suspending its 125% tariffs on some U.S. goods.
Higher costs as a result of tariffs are reportedly beginning to weigh on Chinese producers.
The suspension of 125% tariffs would not necessarily apply to all products if approved, per Bloomberg.
Higher costs as a result of tariffs are reportedly beginning to weigh on Chinese producers.
The suspension of 125% tariffs would not necessarily apply to all products if approved, per Bloomberg.