First Half: Glad it’s Over Admittedly, I was foreseeing something along the lines of a disruptive thunderstorm, but what we had in the first half was more like a series of destructive tornadoes. We knew we were facing an inflation problem, but we didn’t yet know it was this big [...]
Economic Data Today, May’s factory orders are due. The Commerce Department reported factory orders rose 0.3% in April, after increasing 1.8% in March. Also the revised number for May’s capital equipment orders will be released. The preliminary number showed a 0.7% advance, despite rising interest rates. June’s total vehicle sales [...]
Believe it or not, 2022 is already half-way over! Now is the perfect time to revisit your annual goals and check in on the progress you’ve made. No matter if you’re on track, behind on your goals, or maybe even exceeding your goals, this half-way point in the year can [...]
Seed Funding Tenet snagged $18 million in seed funding during a round led by venture capital firms Human Capital and Giant Ventures. Additional funding was provided by Breyer Capital, Global Founders Capital, and Firstminute Capital; as well as investors Michael Tannenbaum, Gokul Rajaram, and Michael Ovitz. The fintech startup offers [...]
The History of Clipping In the 1970s retailers began offering discount coupons in an attempt to keep products moving off the shelves and into customer’s shopping bags. The marketing strategy proved effective. By 1999 the number of coupon’s issued annually had peaked at 340 billion. Since then, however, this number [...]
Raindrops on Rallies and Wobbly Conviction Since the S&P’s most recent low on June 16, the market has made an attempt at a rally. Despite being up about 4% in two weeks, the tape was still muddied with down days and some investors remain unconvinced of durable upside. As much [...]
After Emissions In the push to fight climate change, reducing emissions or capturing them from a smokestack are both major areas of focus. In the past, once carbon dioxide was emitted into the atmosphere, there wasn’t much that could be done. Now, technology has emerged that focuses on removing carbon [...]
2022 has already been a rollercoaster, from geopolitical conflict to inflation reaching record levels to a return to office for millions. More recently, we entered a bear market and the Federal Reserve announced the largest interest rate increase since 1994 – and it’s still only June. But with all the [...]
Shoppers Rethink Buying on Credit Buy now, pay later (BNPL) schemes took off during the pandemic, when house-bound consumers increasingly turned to online shopping and deferred payment on purchases with a couple mouse-clicks. Now, amid soaring inflation, rising costs of debt servicing, and recession worries, consumers are starting to think [...]
Pricey Homes, Expensive Mortgages Since March, the Federal Reserve has been hiking rates, causing mortgage costs to soar. At the same time, home prices remain sticky following their upward trajectory over the last few years. In this environment, many would-be home buyers find themselves priced out of the market and [...]
