Wall Street Breakfast: Against The Grain

Ukraine's grain export deal with Russia remains uncertain, impacting global grain prices, while Russia continues to export record volumes of wheat and ink deals with other countries. Airbnb hosts in New York face new regulations that ban short-term rentals, potentially setting a precedent for other cities. A lack of homes for sale in the US has pushed up home prices, with the median home-sale price reaching its highest level since October. AI adoption in the healthcare sector is expected to double by 2024, with potential transformative effects.

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9/8/2023

War and Weather Threaten Global Food Supplies, But Large Shortages Unlikely

Russia's blockade of Ukrainian grain exports and extreme weather events have raised concerns about global food supplies, but the OECD suggests that the situation may not be as dire as it seems, with adjustments and adaptations being made to production and logistics chains to mitigate potential shocks in the market.

9/15/2023

NYC Airbnb Crackdown Leads to Listing Decline, But Housing Market Impact Unclear

The decline of Airbnb due to new restrictions in New York City has raised concerns that it could lead to a collapse in the American housing market, according to financial guru Robert Kiyosaki, who also sees it as a potential financial opportunity for investors and homebuyers.

9/16/2023

Russia's Bumper Wheat Harvest Consolidates Control of Global Market Amid Ukraine War

Russia's bumper wheat harvest, coupled with the disruption of Ukraine's food exports due to the Kremlin's war, has cemented Russia's position as the leading exporter of wheat and has resulted in the lowest wheat prices in almost three years. Despite Russia's efforts to raise prices to benefit its own farmers and generate more tax revenues, the supply glut has depressed prices and made Russia the "price maker" in the market.

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Posted 9/5/2023, 11:18:00 AM