‘Nationalizing bond markets’ left central financial institutions unprepared for inflation, prime HSBC economist says

Critical Points

Central banking companies close to the world have hiked desire prices aggressively over the earlier calendar year in a bid to rein in soaring inflation, right after a decade of free economic conditions.
“Section of the issue with QE was the actuality that you’re essentially nationalizing bond marketplaces. Bond markets have a pretty very practical purpose to engage in when you have got inflation, which is they are an early warning indicator,” HSBC Senior Financial Adviser Stephen King instructed CNBC’s Steve Sedgwick.

Supply

EV sales soar as Trump axes ,500 tax credit: ‘People are rushing out’ to buy, analyst says

Finance

EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says

August 8, 2025

Key Points President Donald Trump’s so-called “big beautiful bill” ends a $7,500 EV tax credit after Sept. 30. Consumers are acting quickly to claim the tax credit before it disappears, according to analysts and sales data. Source

Finance

Stocks making the biggest moves midday: Gilead Sciences, Monster Beverage, Trade Desk, MP Materials, Sweetgreen and more

August 8, 2025

Check out the companies making headlines in midday trading: Trade Desk — Shares cratered 37% after a slew of Wall Street firms including Bank of America and MoffettNathanson downgraded the stock . While Trade Desk’s earnings were surprisingly strong, CEO Jeff Green warned revenue growth could slow in the third quarter. During the earnings call, […]

Finance

How dealmaking king Goldman Sachs aims to dominate another corner of Wall Street

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Goldman Sachs has long been considered the king of Wall Street dealmaking. Now, the bank is increasing its focus on another target: managing money for wealthy clients and institutions. Investment banking services, like underwriting initial public offerings (IPO) and advising mergers and acquisitions (M & A), have long been Goldman’s bread and butter. In fact, […]