U.S. Consumers' Status
Dick’s Sporting Goods and Macy’s experienced significant declines in their stock prices on Tuesday, marked by red down pointing triangles, as both retailers reported weaker-than-expected quarterly earnings and provided cautious forecasts for the remainder of the year.
Go Deeper (3 min read)Powell Is Walking A Fine Line
Federal Reserve Chair Jerome Powell presented his case for maintaining current interest rates, while keeping the option open to raise them later this year if economic conditions fail to subdue inflation.
Go Deeper (2 min read)Pay Is Cooling Down
Compensation for new hires is undergoing a contraction following a period of substantial salary increases, prompting individuals to readjust their expectations regarding financial gains when switching jobs.
Go Deeper (2 min read)August 2023 - Commentary
In an unprecedented move, the Federal Reserve has elevated interest rates to their highest point in 22 years.
Go Deeper (3 min read)Going Long On China?
Researchers at JPMorgan Chase estimated last month that China's overall debt, encompassing households, companies, and the government, had surged to 282% of the country's annual economic output.
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Luxury Sales Cool
Recent credit-card data indicates a notable slowdown in U.S. luxury spending, especially among younger consumers who are feeling the impact of inflation.
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Investing Idea #1
This is a global semiconductor company that develops, manufactures, and sells smart, connected, and secure embedded control solutions.
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America's Labour Shortage And Its Impact
In the wake of a pandemic that shook the global economy, the United States faces a paradoxical situation where job openings abound, but there aren't enough workers to fill them.
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July 2023 - Commentary
Inflation's grip on the American economy appears to be loosening after more than two years of relentless pressure.
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Corporate Debt Starts To Bite
The mounting threat of corporate debt defaults has long been downplayed by resilient credit markets, but the situation is taking a concerning turn as more companies face downgrades to junk credit ratings, leading to higher borrowing costs.
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U.S.-Dollar Falls
The dollar has witnessed a significant decline of nearly 13% against a basket of currencies since reaching a two-decade high last year, reaching its lowest point in 15 months.
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