As inflation keeps roaring mortgage rates are are moving up as the fed is increasing interest rates. Another pre-pandemic metric has returned and looks like it’s here to stay: mortgage rates, Hope writes. For the first time since May 2019, the 30-year fixed-rate mortgage exceeded 4% this week, Freddie Mac… Read More »Fixed Mortgages Are On The Rise
Investors are shorting oil sales, Indicating they are expecting $100 oil to be short lived. As oil prices soared over the last few months, short sellers pounced on energy companies, Axios’ Kate Marino writes. What’s happening: Changes in the percentage of short interest in energy companies largely tracked with shorts… Read More »Investors Expect $100 Oil To Be Short Lived
Looks like the rest of the country is planning to follow Arizona and eliminating daylight savings switch. The switch over to daylight savings time that the U.S. went through on Sunday might have been one of the last ones if a bill passed in the Senate is to be adopted.… Read More »The State Of Daylight Savings
The Chinese are propping up their market. The Chinese government has swooped in to prop up the country’s flailing markets, Axios’ Kate Marino writes. Driving the news: A top economic official said today the government would take action to boost the economy, and that it would introduce policies that are… Read More »Chinese Bonds Yield Increases
Where as there is no disputing the inflation is raging, we could very much prolong it if we continue to expect more of it. Both regular people and Wall Street sophisticates are ratcheting up expectations for inflation, in what wonks worry could be the start of a self-fulfilling prophecy, Matt… Read More »Inflation Expectations
China dominates the smart phone market with almost 3x as many phones as the US. Having been one of the first major tech events to be cancelled due to the coronavirus outbreak in early 2020, Mobile World Congress 2021 was one of the first events to bring back in-person attendees… Read More »Still Alot of Dumb Phones
The Acquisitions have continued in upper part of the market. With many expecting to fight this out in the courts. An increasingly hostile regulatory climate hasn’t stopped Big Tech giants from continuing to seal billion-dollar deals. Why it matters: There could be a clock on this. President Biden’s antitrust enforcers… Read More »Acquisitions Continue
Inflation is on the rise, we have to look back to the ’80. Inflation continued its relentless surge in February, driving the rate of consumer price increases to a new generational high. The new numbers include precious few signs of inflation abating —and mostly don’t reflect the impact of the Ukraine… Read More »Consumer Price Index Continues to Rise
Believe it or not, there are many companies who are doing just fine out there, thank you very much. Business owners can’t dwell on troubling headlines or negative news coming out of Washington. They need to focus on their own business, on their products and services, on their market. They… Read More »Tip #040 Why don’t you “Mind Your Own Business!”
As Russian attacks Europe’s Breadbasket, Wheat prices are increasing sharply. Russia’s invasion means bread prices will soar in some of the world’s poorest, most fragile countries, potentially igniting a cycle of instability, Matt writes. Driving the news: Wheat prices shot to a record $12.94 per bushel, and are up an… Read More »Wheat Is Going Through the Roof