Back in August, when discussing Buffett’s ongoing liquidation of his Bank of America stake, we said that “Berkshire’s rising cash stockpiles merely reflect the firm’s inability to find deals in today’s overvalued and weak economic ...
Minutes after the BLS reported the biggest drop in manufacturing jobs since the COVID lockdowns, S&P Global reported its US Manufacturing PMI rose to 48.5 in October (still in contraction) from 47.3 in September (as ...
Such an ugly report – at least on the surface! Not only were only 12k jobs created, all of the jobs were in the public sector (government). Private payrolls dropped 28k. What impact did hurricanes ...
In our nonfarm payrolls preview last night, we said that the October payrolls report may show the first negative print since 2020. Well, moments ago the BLS reported the highly anticipated number and… it was ...
Democrats are in damage control mode after Kamala Harris’ communist price control scheme received a harsh rebuke – including from the Washington Post, which characterized it as “populist gimmicks.” Facing pressure to defend the plan, ...
Vice President Kamala Harris laid out her economic plan in a speech Aug. 16, which included a press for Big Government by putting a ban on price gouging for groceries and food, the cancelation of ...
A recent article in The Wall Street Journal cited new survey data to document a dramatic turnaround in the financial outlook of the millennial generation. The improvement, as with the reason millennials’ professional lives began ...
Today’s economy is like that of the late 1920s… Today, there is great wage and wealth disparity, just as there was in the late 1920s. Recent energy consumption growth has been low, just as it ...
During election years, the focus is on the political horse race. However, after the final poll closes, how have the market and the economy performed under both Democrat and Republican presidents? In this graphic, Visual Capitalist partnered with New ...
In 2023, the “commercial gaming industry” which includes casinos and sports betting services collectively earned more than $66 billion, a 10% jump from 2022. In the following graphic, Visual Capitalist’s Marcus Lu ranks the top ...