Broadway’s industry trade association announced last week that it will put an end to its mask mandate for audiences that have been in effect since September. The Broadway League said it will reevaluate conditions in mid-July. Theaters are currently opened at 100 percent capacity and all 41 official theaters will continue to mandate COVID-19 vaccinations, The...
Category: TRENDS EYE VIEW
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FOOD CRISIS WORSENS: PREPARE FOR NEW WORLD DISORDER
The United Nations warned that food prices and long standing economic issues in poor countries throughout Africa could lead to tens of millions of starvation deaths. Antonio Guterres, the UN secretary-general, said there is a “real risk that multiple famines will be declared in 2022.” He said 2023 could be even worse. The UN warned...
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NEWS CONSUMERS TURN AWAY FROM NEAR-CONSTANT COVID PROPAGANDA
A recent Reuters survey found that more people are avoiding news in general due to the constant drumbeat of “depressing” coverage of topics like the coronavirus outbreak. Nic Newman, the author of the study from the Reuters Institute for the Study of Journalism, noted that issues that journalists believe to be the most pressing of...
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U.S. CUSTOMERS RACING DOWN ON QUALITY
Retailers across the U.S. have noticed a palpable shift in consumer spending habits during the recent months of record inflation and said shoppers who once would not bat an eye to fork over more for a named-brand product, are now opting for store-brand merchandise. Matthew Farrell, the chief executive of Church & Dwight, an American...
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HOW LOW CAN YOU GO? U.S. CONSUMER SENTIMENT AT RECORD LOW
The University of Michigan announced that consumer sentiment fell to 50 in June—its lowest reading ever as American customers worry about inflation and rising energy costs. The Wall Street Journal reported that the readings date back to 1952. There has been a downward trend in recent months. May’s reading came in at 58.4, the report said....
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U.S. ELECTIONS: A BILLIONAIRES’ CIRCUS
In America, which was once called “The Land of Opportunity,” the only way to land in the top of the political field is for those paved with the most money. JB Pritzker, an heir to the Hyatt hotel chain with an estimated personal net worth of $3.6 billion, is fighting for his political career in...
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TREND TRACKING LESSON: HOW THE TRENDS JOURNAL WAS RIGHT ON INFLATION WHILE FED, BUSINESS JOURNALISTS GOT IT WRONG
The prevailing wisdom is that the Federal Reserve and large business news organizations who cover the central bank have some kind of valuable insight about future moves when it comes to fighting inflation. Greg Ip, a columnist for The Wall Street Journal, wrote a piece last week about how only a precious few economists devoted...
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EPA LOWERS WHAT IT CONSIDERS TO BE SAFE LEVELS OF ‘FOREVER CHEMICALS’ IN DRINKING WATER
The Environmental Protection Agency announced Wednesday that the “forever chemicals” found in drinking water are more dangerous than previously assumed and slashed the levels of what is considered to be safe consumption. The Wall Street Journal reported that the announcement came a day after the Biden administration announced that it will spend $1 billion to address...
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RAYTHEON FOLLOWS BOEING TO D.C. AREA BECAUSE THAT’S WHERE THE MONEY IS
Raytheon, the world’s second-largest defense company that recently sent Stinger missiles to Ukraine, announced that it will move its headquarters to the Washington, D.C. area to increase its “agility in supporting U.S. government and commercial aerospace customers.” The Hill reported that Raytheon will join its other weapons-of-death manufacturers to get closer to their whore politicians...
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WINTER GAS RATIONING COULD BE A REALITY FOR EUROPE, TOP ENERGY CHIEF SAYS
The sanctions imposed against Russia over its decision to invade Ukraine could result in a gas shortage in Europe during the winter months that results in some form of rationing, a top energy official said last week. Fatih Birol, the executive director of the International Energy Agency, told the Financial Times in an interview that...