Whack, whack whack: it's my winter almanac
Goodbye 2022 … uh oh, here comes 2023
HON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALSMAERSK: WORKING CAPITAL MAERSK: GEMINI FEEDBACK AND CUSTOMER RETENTION MAERSK: INVESTOR DAY UPDATEMAERSK: CEO PREPARED REMARKS MAERSK: CONF CALL ABOUT TO START RXO: HAMMEREDUPS: ONE CENT CLUB MAERSK: BUYBACK PROGRAMME DISCLOSURE
HON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALSMAERSK: WORKING CAPITAL MAERSK: GEMINI FEEDBACK AND CUSTOMER RETENTION MAERSK: INVESTOR DAY UPDATEMAERSK: CEO PREPARED REMARKS MAERSK: CONF CALL ABOUT TO START RXO: HAMMEREDUPS: ONE CENT CLUB MAERSK: BUYBACK PROGRAMME DISCLOSURE
BLOOMBERG reports:
Goldman Sachs Group Inc. economists cut their forecasts for the U.S. economy this year and next after deciding the spread of the omicron strain of the coronavirus would exert a “modest downside” drag on growth.
In a weekend report to clients, economist Joseph Briggs said Goldman Sachs now expects U.S. gross domestic product to expand 3.8% this year, down from 4.2%. It reduced its 2022 estimate to 2.9% from 3.3%.
“While many questions remain unanswered, we now think a modest downside scenario where the virus spreads more quickly but immunity against severe disease is only slightly weakened is most likely,” said Briggs.
The economist said omicron was likely to have only a modest effect on services spending and could exacerbate supply shortages. It could also delay when some people feel comfortable about returning to work, he said.
Briggs saw a mixed effect on inflation. While virus-sensitive sectors such as travel may be hit, further shortages of supplies and labor could push up prices in a more lasting way, he said.
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