Treating China as ‘un-investable’ would be the wrong call: strategist

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images Even as China’s economy is facing difficulties, treating it as un-investable like some analysts have suggested would not be the right call, John Bilton, head of global multi-asset strategy at JPMorgan Asset Management, told CNBC’s “Squawk … Read more

IMF warns AI to hit almost 40% of global employment, worsen inequality

A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan. 14, 2024. The annual Davos gathering of political leaders, top executives and celebrities runs from January 15 to 19. Photographer: Hollie Adams/Bloomberg via Getty Images … Read more

central banks must maintain charges excessive for for much longer

Main central banks must preserve rates of interest excessive for for much longer than some traders anticipate, Gita Gopinath, first deputy managing director of the Worldwide Financial Fund, informed CNBC Tuesday. “We even have to acknowledge that central banks have performed fairly a bit … However that stated, we do suppose they need to proceed … Read more