Archive February 2023

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Week InAdvance: February 27, 2023

Mon Feb 27 Janet Yellen visits Kyiv. US Congress returns after a recess. | Tue Feb 28 Supreme Court hears student-loan arguments. | Wed Mar 1 1st day of meteorological spring in northern hemisphere. | Thu Mar 2 Private markets, adviser oversight, fund liquidity on SEC's agenda. | Fri Mar 3 Biden meets with German chancellor. | Sun Mar 5 China's NPC kicks off 5th annual session.


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Week InReview: February 24, 2023

Bumpy ride.

Asian equity futures point to a mixed opening after US stocks closed higher in a volatile session as investors await inflation data for clues on the Federal Reserve’s rate-hike campaign. Contracts for share benchmarks in Australia and Japan pointed to modest gains while those for Hong Kong signaled further declines. Oil snapped its longest losing streak since December. Japanese markets will be under the spotlight today, with price data due that’s expected to show core inflation above 4%. That comes as the government’s nominee to be the next central bank governor, Kazuo Ueda, faces his first grilling in parliament.


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Week InAdvance: February 20, 2023

Mon Feb 20 Presidents’ Day in the US, financial markets closed. | Tue Feb 21 Mardi Gras in the US, Pancake Day in the UK. | Wed Feb 22 Fed meeting minutes. | Thu Feb 23 US GDP. Japan Emperor’s Day holiday.


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Week InReview: February 17, 2023

The crypto industry is still reeling from a bruising year of plunging prices and a crisis of confidence that led to the collapse of some of the sector’s biggest players. Photo: FT montage | Bloomberg


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Week InAdvance: February 13, 2023

Mon Feb 13 CFTC's GMAC meets. | Tue Feb 14 Senate Banking crypto hearing. | Wed Feb 15 CFTC virtual meeting to consider risk management. | Thu Feb 16 SEC meets on shortening the settlement cycle. | Fri Feb 17 London Fashion Week begins. | Sat Feb 18 Carnival kicks off in Rio de Janeiro. | Sun Feb 19 BAFTA film awards ceremony in London.


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Week InReview: February 10, 2023

Down day.

Stocks in Asia headed for declines after US equities fell for a second day and Treasury yields climbed as investors began to adjust for the prospect of higher interest rates. Equity futures in Australia, Japan and Hong Kong declined after the S&P 500 fell 0.9%, reversing gains of nearly 1%. Lyft shares tumbled around 30% in after-hours trading following an earnings outlook that significantly missed analysts’ estimates, while in the regular session Tesla extended a rally that has more than doubled the carmaker’s stock price this year.


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Week InAdvance: February 6, 2023

Mon Feb 6 Global economic policy conference in Budapest. | Tue Feb 7 US State of the Union address. SEC small business capital meeting. | Wed Feb 8 BIS big tech forum. | Thu Feb 9 Senate Banking housing hearing. US initial jobless claims. | Fri Feb 10 FSOC executive session. NY Fashion Week begins. | Sat Feb 11 Brit Awards for music industry in London. | Sun Feb 12 Super Bowl Sunday.


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Week InReview: February 3, 2023

How fun are you?

For some, there’s nothing less fun than company-sponsored “fun” with co-workers.


It’s no longer just a happy hour here and a holiday party there. In the hybrid era, when bosses feel compelled to make up for the reduction of daily chitchat, the quarterly all-hands meeting now comes with a team-building trip to the go-kart track, brewery or ballgame.


Then there’s the new avalanche of off-sites, multiday tests of togetherness in which you might be expected to hash out a new sales strategy one minute and the next brave the hotel pool with Speedo Steve and other colleagues, perhaps in a swimsuit of your own. 


— The Wall Street Journal


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