Outlook

Robeco's outlook for 'short-term pain, long-term gain' warns that 2023 is likely to see recession, and that investors need to wait for inflation, interest.

“There can be no backtracking on climate: the evidence about climate change continues to mount, and COP27 highlighted that political will is key to shaping the balance between climate ambition and implementation,” Graham says. “We could see another backlash against social media and more regulation on large technology and social media platforms as data protection issues come to the fore again,” says Graham. We could see a multinational ‘super fund’ set up to facilitate the net zero transition, backed by several governments.” The problem is that it has also led to a rise in greenwashing, where companies and investors make ESG claims that cannot be substantiated, often for PR and marketing reasons. Then there is the possibility of a ‘shock regime change’, as witnessed when the UK which went through three prime ministers in 2022. “This would expose investments that were only funded because cash was ‘free’ at the time.” “It could claim that the 2% target is far too close to zero, saying the next recession could tip the economy into outright deflation,” Graham says. The problem here is that in 2022, there was little difference between any of them. “Here, US inflation peaks without a recession, the dollar drops, and the US Federal Reserve (Fed) can rest easy but remain vigilant,” says Colin Graham, Head of Multi-Asset Strategies at Robeco. The result for multi-asset investors is that high yield bonds become very attractive as default rate expectations fall.” Even worse is the prospect of deflation. The current consensus isn’t that rosy, but if history tells us anything, it’s that nothing is ever set in stone.

Fitch Ratings-Chicago-09 January 2023: Fitch Ratings has upgraded two classes and affirmed 13 classes of COMM 2014-LC17 Mortgage Trust. The Rating Outlo.

S&P Global Ratings, in a 2022 year-end Research Update, affirmed Prime Healthcare Services's B- issuer credit rating and the B- issue-level rating.

Eisenberg Patient Safety and Quality Award](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.jointcommission.org%2Fresources%2Fawards%2Fjohn-m-eisenberg-patient-safety-and-quality-award%2F&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=John+M.+Eisenberg+Patient+Safety+and+Quality+Award&index=3&md5=ae41e3babff5a92c78e0ec56de350ceb). Fourteen of the Prime Healthcare hospitals are members of the Prime Healthcare Foundation, a 501(c)(3) not-for-profit public charity. [instagram.com/prime_healthcare/](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fprime_healthcare%2F&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=instagram.com%2Fprime_healthcare%2F&index=8&md5=83019d10a7e64aa953521623e7dfb8c6) [facebook.com/primehealthcare](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2Fprimehealthcare&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=facebook.com%2Fprimehealthcare&index=7&md5=2f524d278d029377279fa91af7050cca) [twitter.com/_PrimeHealth](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2F_PrimeHealth&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=twitter.com%2F_PrimeHealth&index=6&md5=b8a951e307e257d815b128476c30045f) [100 Top Hospitals](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.primehealthcare.com%2FNews%2F2022%2FJuly%2FPrime-Healthcare-Hospitals-Named-to-the-2022-For.aspx&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=100+Top+Hospitals&index=2&md5=844f0f9f39585a72b54142306abb986f)" in the nation 66 times by Fortune/Merative (formerly IBM Watson Health). [linkedin.com/company/prime-healthcare](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fprime-healthcare%2F&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=linkedin.com%2Fcompany%2Fprime-healthcare&index=5&md5=ebe39c5380cae0293cf69d32079cd535) [www.primehealthcare.com](https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.primehealthcare.com&esheet=53181712&newsitemid=20230109005796&lan=en-US&anchor=www.primehealthcare.com&index=4&md5=84e2ebbde37b2337271df26c9d6b34c8). This year, Prime's hospitals received more than 250 quality awards from Healthgrades, and Prime has more Patient Safety Excellence Award recipients from Healthgrades than any other health system for seven consecutive years. "Throughout the industry, increased labor costs have led to a reliance on premium labor during an unprecedented labor crisis in healthcare," said Steve Aleman, Prime Healthcare's Chief Financial Officer. About Prime Healthcare: As an award-winning health system headquartered in Ontario, California, operating 45 hospitals and more than 300 outpatient locations in 14 states, Prime Healthcare provides more than 2.6 million patient visits annually. It is one of the nation's leading health systems with nearly 50,000 employees and physicians.

Identify the top three outcomes of Taiwan's November 26 local elections. The most important thing is that President Tsai stepped down as DPP [Democratic ...

Tsai herself may be nearing the end of her tenure, but her ideas continue to motivate the party and the country. However, as mayor of the capital, he will eventually have to take a stance on how to deal with China. Chiang is one of only a small handful of KMT figures with the potential to do this. The PRC insists that the 1992 Consensus is simply one China (the PRC), so the DPP is now seen as the party defending the status quo. The KMT is still stuck with the electorally unviable 1992 Consensus (one China, each side with its own interpretation) as the cornerstone of how to deal with China. However, there is no Taiwanese or Chinese way to pave a road or subsidize false teeth, so the KMT is not necessarily disadvantaged in local politics.

Oil rallied at the start of the week on optimism about China's demand recovery and on gains in wider markets.

Prices rallied as much as 4% intraday but with the forward curve still flashing weakness ahead, many traders said prices near $77 were a trigger to sell. [batch](https://www.bloomberg.com/news/articles/2023-01-09/china-issues-huge-crude-oil-import-quota-as-nation-ditches-covid-zero-policy) of crude oil import quotas, a signal it’s gearing up to meet higher demand. China’s generous quota for crude imports boosted oil with renewed hopes for a demand revival in the world’s largest buyer.

Oil prices climbed more than 2% on Monday as China's move to reopen its borders boosted the demand outlook and overshadowed global recession concerns.

crude contracts are trading at a discount to the next month, a structure known as contango, which typically indicates bearish sentiment. Domestically, about 2 billion trips are expected during the Lunar New Year season, nearly double last year's and 70% of 2019 levels, Beijing says. Both the near-term Brent and U.S. West Texas Intermediate crude rose 86 cents, or 1.2%, to $74.63. Register for free to Reuters and know the full story Brent crude was up $1.08, or 1.4%, at $79.65 a barrel.

Monday's rally follows a drop last week of more than 8% for both oil benchmarks, their biggest weekly declines at the start of a year since 2016.

Domestically, about 2-billion trips are expected during the Lunar New Year season, nearly double last year’s and 70% of 2019 levels, Beijing says. Those concerns are reflected in oil’s market structure. The rally was part of a wider recovery in risk sentiment supported by both the reopening of the world’s biggest crude importer and hopes for less-aggressive increases to US interest rates based on recent US data, with Asian equities rising and the dollar weakening.

Oil dropped as concerns over tighter US monetary policy overshadowed optimism about a recovery in Chinese demand. West Texas Intermediate fell toward $74 a ...

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Oil rallied at the start of the week on optimism about China's demand recovery, while investors weighed the potential impact to global energy trade after a ...

We expect a more balanced oil market in the medium term.” Supply chains were rattled in 2021 after the giant container ship Ever Given got stuck in the key waterway. West Texas Intermediate futures climbed above US$75 a barrel yesterday after ending last week 8 percent lower.

(MT Newswires) -- Crude oil prices surged early Monday after China reopened its borders over the weekend, boosting the demand outlook and offsetting ...

... * Energy futures for crude oil, refined products and natural gas plummeted in New Year as traders reconsidered near-term worries over cold weather and ...

Domestically, some two billion trips are expected during the Lunar New Year season, nearly double last year’s movement and recovering to 70pc of 2019 levels, Beijing says. Brent crude futures had risen 53 cents, or 0.7 per cent, to $79.10 a barrel by 0114 GMT while US West Texas Intermediate crude was at $74.23 a barrel, up 46 cents, or 0.6pc. However, concerns remain that the massive flow of travellers may cause another surge in infections and cap recovery in China’s economic activity. China, the world’s second-biggest oil consumer, opened its borders on Saturday for the first time in three years, buoying the outlook for its demand for transportation fuels. “Crude oil futures had their biggest weekly losses in a month due to recession fears as oil prices have been positively correlated with inflation since 2022, though China’s reopening may buffer the decline in the near term,” CMC Markets analyst Tina Teng said in a note. Both Brent and WTI tumbled more than 8pc last week, their biggest weekly dives at the start of a year since 2016.

Economists at Goldman Sachs no longer predict a euro-zone recession after the economy proved more resilient at the end of 2022, natural gas prices fell sharply ...

Read our monthly US steel scrap price outlook and make sense of critical indicators impacting scrap price movements one month ahead.

The Outlook’s prediction model suggests a potential for ferrous scrap prices to rise next month by 8.3% on average. [Learn more in the US Scrap Trends Outlook: January.](https://info.fastmarkets.com/metals-us-scrap-trends.html) [Get the Scrap Trends Outlook now](https://info.fastmarkets.com/metals-us-scrap-trends.html) [ferrous scrap prices](https://www.fastmarkets.com/metals-and-mining/ferrous-scrap) in January are expected to build on recent gains amid strong demand following the year-end inventory rundown and tight supply, according to the latest Scrap Trends Outlook. Find out today in our monthly US steel scrap price trends outlook US Scrap Trends Outlook: January

Illumina Inc. shares tumbled after the gene-sequencing equipment maker said 2023 profit will be lower than analysts expected.

Analysts had anticipated earnings of $2.99 a share in 2023, according to [estimates](/quote/ILMN:US) compiled by Bloomberg. [Illumina Inc.](/quote/ILMN:US) shares tumbled after the gene-sequencing equipment maker said 2023 profit will be lower than analysts expected.

Shares of Illumina Inc. tumbled about 10% in premarket trading on Tuesday, the day after the company said it expects lower-than-expected earnings per share.

“The significantly lowered guidance is attributed to conservatism around macro headwinds.” llumina’s stock is down 42.8% over the past 12 months, while the S&P 500 “The company is now issuing a more cautious outlook,” J.P. Shares of Illumina Inc.

The annual survey of 400 leaders at US middle-market companies and private equity firms also indicated that buyer and seller sentiment about mergers and ...

More buyers and sellers showed some uncertainty about the likelihood of getting a deal done this year. There was a significant uptick among both sellers and buyers who look to an M&A advisor as an expert sounding board. Forty percent of middle-market companies indicated they were currently involved in selling activity or open to considering it in 2023, identical to the prior year survey and up from the pandemic low of 33 percent of companies. Sellers also point to growth as the main motivation, with 35 percent saying they seek a sale because of strategic growth opportunities, though it ticked down from 40 percent in last year’s survey. In terms of deal flow expectations, about 20 percent of PE firms said they anticipate lower deal volumes than in 2022 – but 34 percent said they expect increased volumes. Healthcare was also close to neutral, a marked change from last year when it was the sector with the most bullish valuation outlook. In 2023, the leading motivation bringing sellers to market is the lack of a succession plan and need for new leadership. companies and PE firms believe that company valuations in 2023 will be stable or higher than in 2022, the survey found. Most middle-market companies said they expected slower economic growth in the year ahead – but they remain optimistic about their own performance. “Companies exited the pandemic era with a newfound resilience and, in many cases, better finances and more experienced management,” said Jason Wallace, head of Citizens M&A Advisory. The annual survey of 400 leaders at US middle-market companies and private equity firms also indicated that buyer and seller sentiment about mergers and acquisitions will return to pre-pandemic norms as the macroeconomic backdrop stabilizes. Vermont Business Magazine Citizens’ 2023 M&A Outlook revealed both upbeat expectations for company performance and high desire for growth in a low-growth world in the coming year.

Whether you're hopping on a much-needed vacation, or are heading on a work trip, here are the ways you can set up an out-of-office message on Microsoft ...

For example, if you check the box next to "Send only during this time," the automatic out-of-office messages will only be delivered during the days and times specified. You can turn automatic out-of-office replies on for your email account using the mobile app, though it lacks the formatting options found in the non-mobile variants. This includes the option to only have Outlook send automatic out-of-office messages on specific dates, setting a custom message the recipients will see, and blocking dates from your calendar while away. If you've downloaded Outlook to your Windows PC or Mac, you can enable automated out-of-office replies using steps similar to the ones presented in the Outlook.com interface. Keep in mind that the exact steps will vary based on which operating system you're using, which variety of Outlook you have installed, and the software version. If you don't check this box, the message will be delivered until you manually turn off the feature. However, if you want Outlook.com to turn the feature off automatically, you'll need to choose the "Send replies only during a time period" check box, then enter the days and times you'll be away from the office. Turn on any other settings you want, then click the Save button. Because the out-of-office messages are automated, you won't have to do anything with them while away from work. For example, if you want the OoO message to remain until you manually disable it, you shouldn't set a time period for your absence. If you have a planned work absence, such as your upcoming annual vacation, you can ensure that people who email you during that time will be directed to the correct point of contact by setting up an automated out-of-office (OOO) message. You can turn the feature on when you need it, then turn it off again when you return.

Microsoft is reportedly considering adding OpenAI's ChatGPT technology to its Office software to improve efficiency and productivity.

For instance, it may allow customers to search for emails using prompts rather than typing in the exact words from the email. They achieve this by using OpenAI’s machine-learning models on customers’ private data. Microsoft employees tell The Information the company has bold plans for using AI to enhance its already robust productivity applications.

There is word that Microsoft is in collaboration with OpenAI to use its GPT model to bring AI text generation to its Office suite.

[How ChatGPT could help Microsoft dethrone Google Search](https://www.digitaltrends.com/computing/microsoft-bing-chatgpt-google-search-engine/) [Microsoft Teams Premium uses AI to automatically recap your meetings](https://www.digitaltrends.com/computing/microsoft-launches-teams-premium-preview/) [Lagging in games? The company claims it has seen early positive results in “training large language models on private data,” but has not confirmed whether the model is viable enough for a commercial or even business-tier product. This could be the product that is most likely to release, with availability speculated for March, according to Microsoft has also been testing GPT AI model features on PowerPoint and Outlook. The company has already implemented a version of the OpenAI GPT text-generator model as an update to its autocomplete feature, according to [The Information](https://www.theinformation.com/articles/ghost-writer-microsoft-looks-to-add-openais-chatbot-technology-to-word-email). [ChatGPT](https://www.digitaltrends.com/computing/how-to-use-openai-chatgpt-text-generation-chatbot/) and [Dall-E 2](https://www.digitaltrends.com/computing/how-to-use-dall-e-2-to-generate-ai-images/), have become internet sensations for their text- and image-generating prowess.

Microsoft is reportedly planning to integrate OpenAI's ChatGPT technology into its Office applications. A new report from The Information suggests that the ...

“Microsoft has worked on incorporating OpenAI’s language-understanding model, GPT, to provide more useful search results when Outlook email customers look for information in their inboxes,” The Information explained. Microsoft has also incorporated this technology to enhance the search results in Outlook. It’s a natural language processing service that lets users have human-like conversations and generate answers across a variety of topics.