Is this a sign that further gains may come from Wall Street, or will things turn? The Fed’s 75bp Rate HikeJohn Kicklighter, Chief Strategist at DailyFX comments: “While a back-to-back 75bp rate hike from the Fed is historically extraordinary – not sinc…
Over Half Of Americans Aren’t Financially Stable Enough To Survive A Recession
High inflation, rising oil prices, and a falling stock market. These problems have all been affected over the last few months, and they don’t seem to be going away soon. Searches For “Recession” Soar 254% In Last Year – 3 In 4 Americans Fear It’s NearM…
Hotels’ Recovery Continues, Workforce Challenges Remain
AHLA’s 2022 Midyear State of the Hotel Industry Forecasts 2022 Nominal Room Revenue, State & Local Taxes Will Exceed 2019 Levels The Hotel Industry’s Recovery ContinuesWASHINGTON (July 27, 2022) – Midway through 2022, the hotel industry continues to ma…
Commercial And Multifamily Construction Starts Post Impressive Gains During First Half 2022
Twelve of the top 20 metro areas posted gains during 2022’s first six months Rise In Commercial And Multifamily Construction StartsNationally, commercial and multifamily construction starts increased 18% year-to-date. In the top 10 metro areas, commerc…
Investor Confidence Falls As Inflation Soars
The HL Investor Confidence index has dropped by 10 points this month, down to 57Confidence has fallen in all global sectors, the largest drop being the North American sector, which fell by 20 pointsConfidence in UK Economic growth has dropped by 4 poin…
Lloyds Banking Group – Positive Trends Bode Well For Future Returns
Lloyds Banking Group PLC (LON:LLOY)’s half year underlying net income rose 12% to £8.5bn, largely driven by a 13% increase in net interest income. Lloyds is benefitting from higher interest rates and continued recovery in customer activity. The group i…
Fed Admits To A Mistake Dealing With Inflation Amid Recession Debate
Top officials with the Federal Reserve are now saying that they misread inflation. They’re saying that they observed inflation data as very hot for months before moving to wind down their monetary policies that were stimulating the U.S. economy. Fed Ad…
Range Break Ahead
What the junk bonds are telling here, is that the bears are momentarily a little ahead of themselves – as stated in yesterday‘s key analysis, the tech earnings: Q2 2022 hedge fund letters, conferences and more (…) wouldn‘t be as disastrous as is the ma…
Stimulus Check From South Carolina: Who Will Get It, How Much And When?
Many taxpayers in South Carolina are set to get a one-time tax rebate this year. This one-time stimulus check from South Carolina will go to residents who have paid state income tax. As of now, it isn’t known how much money the taxpayers will get exact…
Companies Posted Fewer Jobs In June Than They Closed Amid Layoff Concerns – GlobalData
The number of active jobs, defined as jobs that are available for application on an employer’s career page, continued on a downtrend in June 2022, according to research by GlobalData. The leading data and analytics company notes that active job figures…