It is no secret that housing prices have gone up, unless you are in the market for your first home you may not realize how unfortable it is for first time home buyers. Not since the housing bubble of 2007 has there been such a big gap between the cost… Read More »Housing Affordability
And we thought the issues in LA were bad. This is what it looks like outside the largest port in the world. China’s tough new lockdown measures have led to a major backlog of cargo and container ships in front of Shanghai’s port. With employees unable to go to work,… Read More »Shipping Jam
This chart shows little surprise as to which states have a positive economic outlook. Business freindly vs non business friendly. Arizona Ranks No. 1 for Economic Performance, Says New Report A new report comparing state economies ranks Arizona no. 1 for economic performance over the last decade. The latest Rich States,… Read More »Outlook by State
Arizona’s economic performance has been strong and as stated previously the outlook is very promising. In November, Arizona became just the third state to recover all jobs lost during the early months of the pandemic. The latest monthly employment report shows Arizona’s unemployment rate at 3.3%, and lower than the national rate of 3.6%.… Read More »State Performance
Counterfeit goods are big business. Shoes, clothing, handbags, electronics: While trading items infringing on international intellectual property laws is illegal, the corresponding market has been bustling over the last couple of years. According to data from the Global Trade in Fakes report by the OECD and EUIPO, trading with counterfeit goods amounted to roughly… Read More »Fake Goods
With Musk’s purchase of Twitter he used a leveraged buyout. The chart below from Statista is a good explanation of how this works. What Is a Leveraged Buyout? A leveraged buyout (LBO) is the acquisition of another company using a significant amount of borrowed money (bonds or loans) to meet… Read More »Leveraged Buyout
Despite the dramatic deflation of SPAC-mania in recent months — and a downturn in the broader market — some SPACs are still announcing new mergers, Axios’ Kia Kokalitcheva writes. Why it matters: The SPAC category’s demise has been heavily predicted by skeptics of the model, but it hasn’t quite happened… Read More »Merger Activity
We are slowing moving back to pre pandemic employment percentage. The labor force participation rate — the share of the adult population either working or looking for work — has not quite recovered from pre-pandemic levels. A new paper sheds light on one factor behind the shortfall: substance abuse, Emily… Read More »Not Everyone Is Working
The music industry has always been a giant only the medium has changed over the years, from the street corner to the streaming services. Money is to be made in creating content, however real money is created in marketing and distributing someone one else’s content. Deezer is going public via… Read More »Music Streaming Market Share
The number of unsolicited texts and calls are, now is a good time to stay vigilant. You’re not going crazy: You are getting slammed with more annoying spam calls — and now annoying texts on your cell phone — than at any point in the history of these devices. Why it matters:… Read More »Scam Surge