Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets


Key Points
  • The Olympic Games, as well as other mega events like Taylor Swift’s Eras Tour, produce sudden demand shocks in local economies that can appear to boost inflation, UBS says.
  • However, these mega events may not actually increase the cost of living for the local population.
  • The Paris Olympics has boosted demand — and prices — in various industries, including hotels and airlines.



Source

New York Fed met with Wall Street firms about key lending facility: FT
Finance

New York Fed met with Wall Street firms about key lending facility: FT

Key Points New York Federal Reserve President John Williams met with Wall Street’s dealers last week about a key lending facility, the Financial Times reported, citing three individuals familiar with the matter. The meeting included representatives from many of the 25 primary dealers from banks that underwrite the government’s debt, according to the report. Williams […]

Read More
These underperforming groups may deliver AI-electric appeal. Here’s why.
Finance

These underperforming groups may deliver AI-electric appeal. Here’s why.

ETF Edge These underperforming groups may deliver AI-electric appeal. Here’s why. Published Sat, Nov 15 202511:00 AM EST Blair Bao WATCH LIVE Source

Read More
Warren Buffett’s Berkshire Hathaway reveals new position in Alphabet
Finance

Warren Buffett’s Berkshire Hathaway reveals new position in Alphabet

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway revealed a new position in Alphabet, making the Google parent the conglomerate’s 10th largest equity holding at the end of September, according to a regulatory filing. Berkshire disclosed a $4.3 billion stake in […]

Read More