AS WE FORECAST: CHINA’S ECONOMY GROWS 8.1 PERCENT IN 2021 While much of the world was downgrading China’s GDP...
Tag Archive for: jan 18 2022
INFLATION IN OECD COUNTRIES TOUCHES 25-YEAR HIGH Inflation across member nations of the Organization for Economic Cooperation and Development...
GERMAN ECONOMY SHRINKING. DANGER AHEAD
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 18 2022, 0Germany’s economy contracted 0.5 to 1 percent during 2021’s final three months, according to a 14 January announcement by...
COVID’s Omicron strain, supply-line chaos, labor shortages, and the end of government and central-bank stimulus programs will combine to...
2020 GLOBAL DEBT SET RECORD: WORST IS YET TO COME
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 18 2022, 0By the end of 2020, global debt surged the most in a single year since World War Two and...
BIGS GET BIGGER: THE METAVERSE WORLD Today, tech giant Microsoft will shovel out $68.7 billion in-cash to gobble up...
AUTO SALES WILL ADD 3.4 PERCENT THIS YEAR, DEALERS PREDICT
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 2The U.S. auto market will grow 3.4 percent this year to 15.4 million cars and trucks, the 16,000-member National...
OMICRON RESTRICTIONS SINK DECEMBER RESTAURANT SALES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 0In December, sales slipped at 98 percent of U.S. restaurants, according to an Independent Restaurant Coalition (IRC) poll of...
MORE RATE INCREASES AHEAD THAN NOW EXPECTED, DIMON SAYS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 0The U.S. Federal Reserve will raise interest rates as many as six or seven times this year to fight...
HOUSING MARKET TUMBLES. HOW LOW WILL IT GO?
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 3The U.S. housing market has succumbed to its own excess: December booked 11 percent fewer sales than a year...
MORTGAGE RATES CLIMB TO 22-MONTH HIGHS. CRASH ALERT?
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 1U.S. mortgage rates rose last week for the third consecutive week to their highest since March 2020 when the...
The expanded child tax credits that were part of president Joe Biden’s American Rescue Plan expired 30 December, canceling...
RETAIL AND INDUSTRIAL SECTORS DOWN. WHAT’S NEXT?
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 2U.S. retail sales edged down 1.9 percent in December, in tandem with a 0.3-percent decline in industrial production, its...
MIDDLE CLASS? FORGET ABOUT IT. AMERICANS NEED $128,000 A YEAR TO FEEL FINANCIALLY SECURE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 3The average annual household income Americans would need to feel financially secure is $128,000, according to a new survey...
METAVERSE ENTHUSIASM BOOSTS APPLE SHARES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 1Apple may not have invented the metaverse, but investors are betting that the company’s knack for cashing in on...
BANK STOCKS ROSE ON HIGH INTEREST RATES EXPECTATIONS: BUT SOME ARE GOING DOWN
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 0During this year’s first five trading days, bank stocks jumped 5.4 percent, their best start to a year since...
Last week, investors snapped up shares of funds that buy U.S. loans, expecting to profit when the U.S. Federal...
RISE IN REAL BOND YIELDS TANKS TECH STOCKS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 18 2022, 0Real bond yields—the return investors make on bonds after inflation takes its cut—have been rising, luring investors away from...
More than 36 percent of tech stocks listed on NASDAQ have lost at least half their value compared to...
U.S.S.A. IF YOU DON’T OBEY THE GOVERNMENT, YOU ARE A DOMESTIC TERRORIST
Support, , TRENDS EYE VIEW, jan 18 2022, 2A top national security official informed a Senate committee last week that the Justice Department will create a new...