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The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Savers Bid a Sad Farewell to Higher Yields : Interest rates on CDs and savings accounts are down and expected to keep falling. A mourning period is under way for the all too brief era of 5% yields. ( Wall Street Journal ) • Goldman Sachs cautions that predicting the next decade of returns is hard : The strategists forecast lackluster returns, but they definite
Boo! The key reports this week are the advance estimate of Q3 GDP and the October employment report. Other key indicators include Personal Income and Outlays and PCE prices for September, the Case-Shiller house prices for August, October ISM manufacturing and services indexes, and October vehicle sales. -- Monday, October 28th -- 10:30 AM: Dallas Fed Survey of Manufacturing Activity for October.
Even with inflation well and truly on the way down after the most aggressive interest-rate tightening in a generation, central banks are averse to declarations of victory. That the pace of price increases has been reined in without a major economic downturn is an accomplishment that warrants some trumpeting.
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • New Home Sales Increase to 738,000 Annual Rate in September • NAR: Existing-Home Sales Decreased to 3.84 million SAAR in September, New Cycle Low • Lawler: Update on the “Neutral” Rate and Early Read on September Existing Home Sales • NMHC on Apartments: "Looser market conditions for the ninth consecutive quarter" • California Home Sales Up 5% SA YoY in September This is usually published 4 to 6 times a w
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With less than two weeks remaining before the U.S. presidential election, there’s a growing sense of uncertainty in the air. Investors are wondering how to position their money, bracing for the possibility of significant volatility and market shifts.
Here are the top holders of Bitcoin. Satoshi plus the ETFs own about 10% of the 21 million Bitcoin limit. The supply is fixed at that amount with most of the available having been mined but because of the halving process, the final Bitcoin won't be mined for decades. Should the almost 10% owned by two constituencies (I am lumping all the ETFs together) be concerning in any way?
At his party’s inaugural investment summit last week, UK Prime Minister Keir Starmer positioned himself as a champion for artificial intelligence. Appearing alongside former Google Chief Executive Officer Eric Schmidt, Starmer called AI an “opportunity,” rather than something to be scared of, and said his country “needs to run towards” it.
At his party’s inaugural investment summit last week, UK Prime Minister Keir Starmer positioned himself as a champion for artificial intelligence. Appearing alongside former Google Chief Executive Officer Eric Schmidt, Starmer called AI an “opportunity,” rather than something to be scared of, and said his country “needs to run towards” it.
EVs EVs are still gaining market share. (news.dealershipguy.com) EVs are going to win. They are just better. (noahpinion.blog) A lot of EV owners have another gas-powered car. (sherwood.news) Solar Cheap solar power is growing all around the globe. (theatlantic.com) How solar farms can aid the environment. (thecooldown.com) Energy Tesla's ($TSLA) energy storage business is booming.
Here in the US, people are obsessed with the impending election. It is perhaps the World’s Largest Guessing Game. We can look at polls and make our best guesses, but no one really knows what will happen. We just have to wait for more data which will (hopefully) be forthcoming November 5 or soon afterward.
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
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