In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
It’s global! As economies slow down, unemployment numbers will rise. And as we have detailed in this and previous Trends Journals, the slowdown has begun.
Adjusted for inflation, U.S. gasoline prices were 13 percent lower this Thanksgiving weekend than the same holiday a year ago, according to the U.S. Energy Information Administration (EIA).
Because low-income households spend a greater share of their incomes on necessities, their actual rate of inflation has been greater than middle- and upper-income earners, CNBC reported.
After slowing or reversing rent increases earlier this year, investors owning single-family homes ratcheted up rates again in the third quarter.
U.S. economic activity has remained positive in November, according to S&P Global Market Intelligence’s flash composite purchasing managers index (CPMI), which combines data from the manufacturing and services sectors.
Investors are selling dollars at the fastest clip in the past 12 months on the belief that the U.S. Federal Reserve has stopped raising interest rates and will begin cutting them next year, the Financial Times reported.
Believing that the U.S. Federal Reserve has completed its campaign of interest rate hikes, investors are buying corporate bonds at the fastest clip since July 2020, the Financial Times reported.
Noted practical finance author Robert Kiyosaki took to X (formerly Twitter) this week to warn that while there’s still time to move to inflation resistant assets, the hour might be getting late.
It’s funny how one day after pro-bitcoin and anti-socialist Argentine candidate Javier Milei won by a landslide, the SEC announced a splashy lawsuit against the Kraken crypto exchange.