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Predictions, Opinions, & Comments

Building Financial Resilience: Tips to Thrive in Economic Downturns

April 11, 2024

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…

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Economy

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

April 1, 2024

“…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…

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Economy

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

March 11, 2024

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…

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Real Estate

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

January 31, 2024

“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…

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Economy

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

September 27, 2023

“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…

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Economy

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

September 4, 2023

“…“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…

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Economy

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

August 23, 2023

“…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…

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Business

I noticed its not easy to find economic news on China…

August 15, 2023

I did some digging and I found some good resources for news happening in China. info is hard to come by because of all the white washing in news articles. It makes it hard to understand whats going on. It’s… Continue Reading…

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Economy, Stocks

“China Stocks Drop as More Grim Economic Data Outweigh Stimulus Measures”

August 15, 2023

Chinese stocks continued to slide lower on Tuesday amid further signs that the world’s second-largest economy is in retreat. Not even substantial stimulus measures from China’s central bank have been enough to fully stem the bleeding in the stock market.… Continue Reading…

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Real Estate

“China’s Economic Woes Deepen With Housing Market Slump”

August 14, 2023

“The numbers follow economic news in the past week that showed deflation arriving in July as manufacturers and retailers cut prices in a bid to lure buyers and move excess stock. Exports and imports also plunged more than expected, while… Continue Reading…

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