The Street is surprised, but Trends Journal subscribers aren’t. Ready for this “shocking” Bloomberg headline? “Canada inflation quickens to 4 percent, driven by higher gas prices.”
Tag: U.S. economy
FEDS PRESSURE BANKS TO INCREASE LIQUIDITY
In the wake of three bank failures last spring, and as the commercial real estate bust continues to unfold, federal bank regulators are pressing small and regional banks to add to their liquidity, Bloomberg reported.
U.S FACING A REAL ESTATE “DOOM LOOP
From 2015 into 2022, small and regional banks nearly doubled the value of their loans against commercial real estate, amassing portfolios totaling about $2.2 trillion, according to an analysis by The Wall Street Journal. Those banks hold more than 60 percent of all commercial property loans in the U.S. Banks with less than $250 billion in......
U.S. HOME PRICES ON THE RISE
In May, home prices fell in their steepest monthly drop since 2012, as we reported in “U.S. Home Prices Fall By Most Since 2012” (27 Jun 2023), U.S. home prices began rising again.
U.S. JOB MARKET “AT AN IDEAL CRUISING ALTITUDE,” ANALYSTS SAY
With 187,000 new jobs in August, the U.S. labor market is in a sweet spot, economists say.
AS INFLATION SLOWS, PROFITS FALL TOO
After-tax corporate profits in this year’s second quarter were 9.4 percent below those of a year earlier, the U.S. Commerce Department reported in late August, although companies listed in the Standard & Poor’s 500 index showed only a 2.9-percent decline in earnings per share, data service Refinitiv said.
ECONOMIC UPDATE – MARKET OVERVIEW
The facts are there for all to see. Across the globe, the rich are getting richer as the plantation workers of Slavelandia get poorer. And to make a bad situation worse, the era of Dragflation, where economies go down and inflation rises, has just begun.
REMOTE WORKERS ALSO FEEL REMOTE FROM EMPLOYER’S MISSION
The proportion of remote workers who feel connected to their company’s mission or purpose slipped from 32 percent to 28 percent year over year, according to a Gallup survey of 9,000 employees this spring and summer.
SPOTLIGHT: BIGS GETTING BIGGER
As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend… which hit record highs at the height of the COVID War in 2021 when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies.
YUM WANTS TO GO ALL DIGITAL
Yum Brands, which owns fast-food icons Burger King, KFC, and Taco Bell, wants its customers to place all of their orders digitally and is taking steps to make that goal a reality.