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Predictions, Opinions, & Comments

Building Financial Resilience: Tips to Thrive in Economic Downturns

Written By: Jillian DayComments Added By: Raxxmorz Site Admin In times of economic uncertainty, the looming possibility of a recession can cast a shadow of apprehension over personal finances. However, rather than succumbing to fear, it’s pivotal to adopt a… Continue Reading…

Economy

“US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate”

“…The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that the economy expanded at a 3.2% rate last quarter…”… Continue Reading…

Economy

[Lies] “For Lower-Income Workers, Recent Economic Gains Endure”

https://www.wsj.com/economy/jobs/economy-blue-collar-wage-increases-a71e5eee This article is behind a paywall. Amazing they want you to pay for them to lie to you. Have any of these writers been to the grocery store? Groceries and utilities affect lower income workers the most. This is… Continue Reading…

Real Estate

“The Real-Estate Downturn Comes for America’s Premier Office Towers”

“The highest quality office buildings have had much better success navigating the industry’s turmoil. Now, even premier towers are starting to wobble…” https://www.wsj.com/real-estate/commercial/the-real-estate-downturn-comes-for-americas-premier-office-towers-717477a9 The real estate crisis is not in the housing market. (yet?) It’s commercial real estate. The problem in… Continue Reading…

Economy

“U.S. Latino economic output grows to $3.2 trillion, according to new study”

“The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according to a new report by the Latino Donor Collaborative in partnership with Wells Fargo… While growth for the Latino community remains widespread… Continue Reading…

Economy

“EU economics chief says Europe is gripped by a ‘double crisis’…”

“…“I think we are we facing the impact of the double crisis,” Gentiloni said in reference to the geopolitical impact from Russia’s full-scale invasion of Ukraine and the subsequent economic hit to the European continent. “From a geopolitical point of… Continue Reading…

Economy

“Hawaii wildfires caused up to $6 billion in economic losses, Moody’s estimates”

“…The catastrophic wildfires in Maui, Hawaii, have caused between $4 billion and $6 billion in economic losses, according to an estimate by Moody’s RMS on Tuesday… The wildfires are the worst disaster in Hawaii state history. At least 115 people… Continue Reading…