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Valenti and Rico spend the second hour of the show reacting to last night's situation at Comerica, where multiple Tigers fans were ejected. They ask if this behavior is common elsewhere and if it has gone too far.
9:00 HOUR: A big crowd expected at Comerica this weekend, Heather delivers the news
Why you should listenLearn how poor positioning and generic messaging quietly kill your deals before the first call.Erica shares what to do when word of mouth plateaus—and how to attract buyers who don't know you yet.Discover how to be “AI-findable” and get found in marketplace searches before your competitors.If your marketing sounds just like every other partner's, it's already costing you deals. In this episode, I'm joined by Erica Hakonson, CEO of Maven Collective Marketing, to show you how to fix that. Erica has helped hundreds of Microsoft partners elevate their positioning, build credibility, and generate leads that don't rely on referrals. We dig into the messaging traps most partners fall into, why AI is changing how you show up online, and how to stand out even in the most crowded categories. If you're serious about scaling in 2025, this is one of the most important marketing episodes you'll hear.About Erica HakonsonErica Hakonson is the award-winning CEO and Founder of Maven Collective Marketing, a premier B2B digital marketing agency recognized across North America for its excellence in driving strategic marketing success for Microsoft Partners. With nearly 20 years of experience, Erica has built a powerhouse agency that has earned over 200 awards, including Best Firm to Work With, B2B Agency of the Year and Top Digital Marketing Company.Erica is a results-driven marketing strategist known for transforming complex technology narratives into compelling marketing strategies that elevate brand authority and accelerate revenue growth. Since founding Maven Collective Marketing in 2012, she has led high-impact campaigns for global clients, helping them outperform in competitive B2B markets through data-driven performance, distinctive positioning, and strategic content marketing.A recognized thought leader, Erica is a sought-after speaker on marketing leadership, entrepreneurship, and women in business. She has been featured in The Globe & Mail and honored with titles such as Female Entrepreneur of the Year and SME National Business Awards Editor's Choice.Resources and LinksMavencollectivemarketing.comErica's LinkedIn profile2024 Microsoft Partner Benchmark ReportSubscribe to Maven Collective Marketing's LinkedIn Newsletter: Partner Marketing BytesMaven Collective Marketing's Youtube channel: Maven Collective MarketingErica on Bluesky: @ericahakonson.bsky.socialMaven Collective Marketing on Instagram: @mavencollectivemarketingPrevious episode: 609 - RevOps Reimagined: AI, Agility, and the End of Cold Outreach with Jacki LeahyCheck out more episodes of the Paul Higgins PodcastSubscribe to our YouTube channel:
Kayla isn't just another employee at a bank. She's part of something much bigger.What she and the team at Comerica's HQ are doing goes way beyond banking. From offering coworking space to providing educational training for small business owners, they're actually helping entrepreneurs in our community thrive.This is a great example of a bank doing it right, supporting local business in real, tangible ways.Comerica Bank is headquartered right here in Dallas, and with over 400 branches across five states, they're proving that community investment still matters.Connect with us! Instagram - Facebook www.visiteastdallas.comPartner with us! connect@visiteastdallas.com
Which is outperforming in Singapore’s markets — a billion-dollar real estate giant or a humble pawn broker? Hosted by Michelle Martin with Ryan Huang, today’s Market View tracks the surprising rise of ValueMax over OUE, unpacks insider buys from top executives, and highlights blue chip buybacks from UOB, DBS, OCBC, Seatrium, and Yangzijiang Shipbuilding. We assess how US-China trade tensions could impact marine and aviation stocks, from Boeing’s Zhoushan withdrawal to port tariffs. Consumer ETFs, regional banks like Zions and Comerica, and defense giants like Lockheed Martin are also in focus.See omnystudio.com/listener for privacy information.
In this episode of The Power of the Ask, Jacqueline (JaQ) Campbell reveals her incredible story from a 16-year-old intern to a powerhouse wealth advisor. As founder and CEO of Alexander Legacy Private Wealth Management, she emphasizes the critical role of mentorship and is dedicated to empowering the next generation of financial leaders. Learn how her experiences have shaped her mission to create opportunities for women and people of color in the financial industry. Join us as we discuss: Intern to Icon: Hear about JaQ's remarkable journey from a high school internship to leading a multi-billion-dollar investment team. The Power of Mentorship: Learn how mentors shaped her career and why she's passionate about mentoring the next generation of advisors. Advancing Future Leaders: Explore her mission to create opportunities for women and people of color in the financial industry. Building Generational Wealth: Gain insights into strategies for sustaining and growing wealth for future generations. Navigating the Future of Finance: Understand the importance of human connection and personalized advice in an increasingly AI-driven world. The Importance of the Ask: Learn why JaQ, like all our guests, believes asking for what you want and deserve is crucial for financial success. More About Jacqueline “JaQ” Campbell: Her professional background began in 1993 as a high school intern for Comerica's Private Bank. She ascended from high school intern to running a $1.8 billion investment team for Chase Wealth Management, and now leads Alexander Legacy Private Wealth Management, as Founder, CEO and Senior Wealth Advisor, where her mission is to advance the next generation of advisors and investors in wealth management. JaQ holds her bachelor's degree in Liberal Arts with a focus area on Diverse Leadership in Financial Services from DePaul University. She also holds her Series 63 & 65 securities registrations. Important Links:Savvy LadiesPrecious Williams' LinkedInLisa Zeiderman's LinkedInJacqueline “JaQ” Campbell's LinkedIn
Sean Baligian welcomes his son Jack—affectionately dubbed "Baseball Elite"—for a Tigers-focused deep dive into early season optimism, cautionary tales of overhyped prospects, and the eternal pain of being a Detroit baseball fan. The father-son duo unpack Jackson Jobe's debut, the cautious hope for Casey Mize, and why Dillon Dingler might be Detroit's best bet behind the plate. They also roast Al Avila's legacy, share travel stories from MLB ballparks, and debate Comerica's future. Plus: tales of rage-watching, Big League Chew, and the magic of a hundred-mile-per-hour fastball up close.
Part 2 of 2: Our guest today is Parag Shah, CEO and Founding Managing Director of K2 HealthVentures. K2 HealthVentures is an alternative investment firm that provides flexible, long-term financing solutions to innovative private and public companies in the life sciences and healthcare industries. Committed to making a broader impact, K2 also donates a percentage of its profits to support underserved areas in healthcare. Before founding K2, Parag was Senior Managing Director & Group Head of the Life Sciences practice at Hercules Capital, where he led the fund's public offering and managed over $2 billion in investments. His deep expertise in life science and healthcare financing was further shaped through key leadership roles at Comerica, Imperial Bank, and BankBoston.Parag's academic background includes a Masters in Environmental Policy & Planning and a Bachelors in Molecular Biology from MIT, where he conducted research at the Whitehead Institute. With 25+ years of experience at the intersection of science and finance, Parag brings invaluable insights for first-time founders, investors, scientists, and industry leaders navigating the complexities of biotech funding.
Part 1 of 2: Our guest today is Parag Shah, CEO and Founding Managing Director of K2 HealthVentures. K2 HealthVentures is an alternative investment firm that provides flexible, long-term financing solutions to innovative private and public companies in the life sciences and healthcare industries. Committed to making a broader impact, K2 also donates a percentage of its profits to support underserved areas in healthcare. Before founding K2, Parag was Senior Managing Director & Group Head of the Life Sciences practice at Hercules Capital, where he led the fund's public offering and managed over $2 billion in investments. His deep expertise in life science and healthcare financing was further shaped through key leadership roles at Comerica, Imperial Bank, and BankBoston.Parag's academic background includes a Masters in Environmental Policy & Planning and a Bachelors in Molecular Biology from MIT, where he conducted research at the Whitehead Institute. With 25+ years of experience at the intersection of science and finance, Parag brings invaluable insights for first-time founders, investors, scientists, and industry leaders navigating the complexities of biotech funding.
Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
946: Comerica Bank COO Megan Crespi joins Peter High to discuss the bank's digital transformation strategy, AI adoption, and customer-centric innovation. Megan shares insights on Comerica's cloud migration journey, investments in AI-powered risk management, and how the bank is modernizing operations to enhance customer experience. She also delves into cybersecurity strategies for the quantum computing era and lessons from her leadership roles at Ally Bank and General Motors.
European bourses trade at best levels, Stoxx 600 makes a record high; NQ outperforms as President Trump announces a USD 500bln AI investment.USD tilts lower as markets await further developments from the Trump administration.USTs are a little firmer, Bunds bounce on ECB Lagarde remarks, who is seemingly not too concerned about US tariffs at this point in time.A softer dollar supports oil and precious metals, but base metals trade mixed on tariff threats.Looking ahead, Supply from the US, Earnings from Procter & Gamble Co., Abbott, Johnson & Johnson, Halliburton Company, Ally Financial, Amphenol Corp., Comerica, GE Vernova Inc., Travelers Companies, Commerce Bancshares Inc., First Community Corp., Kinder Morgan, Inc., Alcoa, Discover Financial Services, RLI Corp. & Steel Dynamics.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
APAC stocks traded mixed as most major indices took impetus from the gains on Wall St after President Trump's first full day back in office although Chinese markets lagged after Trump suggested 10% tariffs on China.US President Trump said they are talking about a 10% tariff on China from 1st February for them sending fentanyl to Canada and Mexico, while he added that the European Union treats the US badly and that the EU will be in for tariffs.US President Trump announced an AI project with OpenAI, SoftBank (9984 JT) and Oracle (ORCL) to form a JV called Stargate which will invest at least USD 500bln in AI infrastructure in the US and will create 100k jobs.European equity futures indicate a positive cash open with Euro Stoxx 50 futures up 0.3% after the cash market closed flat on Tuesday.Looking ahead, highlights include UK PSNB, ECB's Villeroy, Knot & Lagarde, Supply from Germany & US, Earnings from Procter & Gamble Co., Abbott, Johnson & Johnson, Halliburton Company, Ally Financial, Amphenol Corp., Comerica, GE Vernova Inc., Travelers Companies, Commerce Bancshares Inc., First Community Corp., Kinder Morgan, Inc., Alcoa, Discover Financial Services, RLI Corp. & Steel Dynamics.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Bill Adams, chief economist for Comerica Bank, says his forecast for 2025 now includes fewer rate cuts, slightly higher inflation, and increased fiscal support for the economy, but those conditions are signs of an an economy "that's humming along, continuing to grow, it's not a recession," and he says the risk of a recession in the next year or two is now "back to its historical normal." Charles Rotblut, editor at AAII Journal — the keeper of the American Association of Individual Investors' sentiment survey — discusses how bullish sentiment was on the rise and bearish sentiment on the decline in the immediate aftermath of the election, and that the impact could last for more than the few big-volume trading days the market posted last week. David Trainer, founder and president at New Constructs, revisits Peloton, one of the first "zombie stocks" the company started labeling back in 2022, discussing why the company's recent run — up about 150 percent in the last three months — is not going to save it from the ultimate financial death its numbers say it must suffer. Plus, Alison Hadley discusses a survey on the impact of social media on fashion purchases, which found that social media — and specifically "outfit of the day" posts — inspired the average American to make roughly $250 in purchases over the last six months.
Grab the biggest a
What a night at the ballpark -- with more to come
Nathan Ciszek Co Host Tonight - Haujean Contactee, Voices of OrionMilab Whistleblower - Youtube Channel : https://www.youtube.com/@haujeancontacteeFollow Nate on His Rumble Channels:https://rumble.com/user/HaujeanContacteehttps://rumble.com/c/c-1392823Email Nate: HaujeanContactee@voicesofOrion.comErica was abducted at age 3 by the military and taken to Camp Peary in Langley, Virginia, where she was tortured and split into violent alters. From that, She was bought by Shoreline group to go work as an intuitive empath on the moon. After that, she was abducted and trained as a pilot and used to carry cargo through stargates between the moon, Dulce, Antarctica, and Ceres. At age 5 she was taken back to Camp Peary DUMB and sent with Micheal Aquino, who subjected her to Satanic Ritual Abuse and used her in dark satanic rituals. At age 7 she was sent to Montauk, to preview future timelines and report them. Then at age 8 she was abducted and sent to Mars where she worked for 18 years before she was owned by the Draco and used as a pilot.. After that, she was abducted and trained for the following agencies and programs:Mars DefenseMonarchICC CIANSADark FleetSolar WardenHomeland SecurityKrugerChinese MilitaryUkrainian MilitaryRussian SFBACIO Division 2 and 6number 12 in the numbers group.Umbrella CorpsProject Eyes OnProject Pink MistProject Looking GlassKrugerDue to her DNA, she cannot have her memory efficiently wiped and erased, so she is extra Targeted and Abused by the military agencies that do not want her to talk about what she knows. She has access to Looking Glass technology and is currently still working as a time traveler to lock in the highest timeline for humanity. She has been a paranormal investigator and professional psychic for over 30 years and has worked as a mentor for starseed children with abilities. She has experience in nature magic and unbinding dark magic spells. Erica Amoreena currently works as a heart-centered multi-dimensional energy intuitive and Seer. She has a profound understanding of how the Matrix operates and how to navigate it. She has a deep passion for empowering others to find their truth, clear entity attachments, clearing implants (physical and technological), helping others to remember their natural abilities, and releasing old programs (MK Ultra). A survivor of SRA (satanic ritual abuse) and of the Montauk program (time mechanics), Erica has gone through an intense and extensive healing journey to balance and regulate her system from those abuses. Through her awakening and healing journey, she discovered how to unbind herself from harmful implants, spiritual attacks, and psychological manipulations. She now compassionately dedicates her life to helping others have the courage and strength to do the same. ERICAAMOREENA.COM is her website.Typical skeptic podcast Links and Affiliates:❤ - support the podcast https://paypal.me/typicalskepticmedia- cashapp $kalil1121 venmo @robert-kalil- or buy me a coffee at https://buymeacoffee.com/typicalskeptic
Jenny Jenny talks about her Green Day concert experience, when a drone flies over Comerica and stops the show mid song. Has this happened before? The post Drone Flies Over Green Day appeared first on 94.7 WCSX.
Jim Leyland joined us after the Tigers retired his #10 on Saturday at Comerica Park. The post Jim Leyland after retiring his number at Comerica appeared first on 94.7 WCSX.
Today in Sports Buchanan's Hannah Roberts crash in warmup, leads to two crashes in Women's BMX freestyle finals at Olympics in Paris. USA Men's Basketball beat South Sudan 103-86. USWNT tops Australia 2-1, will face Japan in knockout stage. Royals had White Sox their 17th straight loss with 10-3 win. Sox are off tonight. KC will be in Detroit tonight to face Tigers, who were off last night. Game at Comerica at 6:40, 6:15 pregame on WSJM. Cubs score 13 runs and have 17 hits in 13-4 win in Cincinnati to avoid three game sweep. Cubs at home tonight to face Cardinals at 8:05. NFL Preseason starts tonight with Bears vs. Houston at 8:00 in Hall of Fame game in Canton. Kickoff at 8:00. NFL wins motion in Sunday Ticket lawsuit. Midwest League Scores See omnystudio.com/listener for privacy information.
Today in Sports Buchanan's Hannah Roberts crash in warmup, leads to two crashes in Women's BMX freestyle finals at Olympics in Paris. USA Men's Basketball beat South Sudan 103-86. USWNT tops Australia 2-1, will face Japan in knockout stage. Royals had White Sox their 17th straight loss with 10-3 win. Sox are off tonight. KC will be in Detroit tonight to face Tigers, who were off last night. Game at Comerica at 6:40, 6:15 pregame on WSJM. Cubs score 13 runs and have 17 hits in 13-4 win in Cincinnati to avoid three game sweep. Cubs at home tonight to face Cardinals at 8:05. NFL Preseason starts tonight with Bears vs. Houston at 8:00 in Hall of Fame game in Canton. Kickoff at 8:00. NFL wins motion in Sunday Ticket lawsuit. Midwest League Scores See omnystudio.com/listener for privacy information.
Today in Sports Buchanan's Hannah Roberts crash in warmup, leads to two crashes in Women's BMX freestyle finals at Olympics in Paris. USA Men's Basketball beat South Sudan 103-86. USWNT tops Australia 2-1, will face Japan in knockout stage. Royals had White Sox their 17th straight loss with 10-3 win. Sox are off tonight. KC will be in Detroit tonight to face Tigers, who were off last night. Game at Comerica at 6:40, 6:15 pregame on WSJM. Cubs score 13 runs and have 17 hits in 13-4 win in Cincinnati to avoid three game sweep. Cubs at home tonight to face Cardinals at 8:05. NFL Preseason starts tonight with Bears vs. Houston at 8:00 in Hall of Fame game in Canton. Kickoff at 8:00. NFL wins motion in Sunday Ticket lawsuit. Midwest League Scores See omnystudio.com/listener for privacy information.
Today in Sports Buchanan's Hannah Roberts crash in warmup, leads to two crashes in Women's BMX freestyle finals at Olympics in Paris. USA Men's Basketball beat South Sudan 103-86. USWNT tops Australia 2-1, will face Japan in knockout stage. Royals had White Sox their 17th straight loss with 10-3 win. Sox are off tonight. KC will be in Detroit tonight to face Tigers, who were off last night. Game at Comerica at 6:40, 6:15 pregame on WSJM. Cubs score 13 runs and have 17 hits in 13-4 win in Cincinnati to avoid three game sweep. Cubs at home tonight to face Cardinals at 8:05. NFL Preseason starts tonight with Bears vs. Houston at 8:00 in Hall of Fame game in Canton. Kickoff at 8:00. NFL wins motion in Sunday Ticket lawsuit. Midwest League Scores See omnystudio.com/listener for privacy information.
The guys start the second hour of the show discussing Shohei Ohtani's trip to Comerica with the Dodgers tonight. This turns into a conversation on must-see athletes in all the major sports and if Ohtani clears them all. Then, Riger gives a passionate rant about the Pirates' decision to pull Paul Skenes in the middle of a no-hitter before David rounds out the hour with a college football blitz.
Ep. 150 - BP at Comerica/CarJitsu/Backup Teams/NBA, Stanley Cup/US Open by Champagne Athletics
Boys Golf Trip Recap (0:00 - 13:29) Getting Older (13:30 - 17:55) Joey Chestnut Signs with Impossible Foods (17:56 - 32:34) NBA, Stanley Cup Finals (32:35 - 39:27) US Open (39:28 - 47:28) Batting Practice at Comerica (47:29 - 52:20) Over-Under (52:20 - 1:01:00)
House of Heat, Hunter Biden guilty, Kevin Spacey pretended to cry on Piers Morgan, Jennifer Anniston pretended to cry again, How to Rob a Bank on Netflix, and Eli Zaret stops by to tell us we're all being conned. Eli Zaret drops by to discuss Caitlin Clark SNUBBED from the Olympics by USA Basketball, Sean Hannity vs Pat McAfee, US Rep. Jim Banks vs WNBA player Chennedy Carter, Rashee Rice breaks his silence without apologizing, Kyrie Irving in the NBA Finals, Mike Valenti vs Drew's Best Friend Kirk Gibson, premium seating at Comerica, MLB trade rumors, UConn head basketball coach Dan Hurley turns down the Los Angeles Lakers job, the Mike Tyson vs Jake Paul fight is back on in November, Stanley Cup Finals update, and the Edmonton Oilers fan with the greatest rack has been located as promised. Drew hooked up with the Triple Threat Trio and met Dabo Swinney. 1-800-Dabbler is making fantastic phony phone calls using Stuttering John drops. Hunter Biden has been found guilty on federal gun charges. This article hasn't aged well. Piers Morgan spoke with one of his baby mamas. Joe Biden froze today during the White House's Juneteenth celebration. Piers Morgan interviewed a crying Kevin Spacey today. Alex Jones is liquidating. House of Heat is out now with a nauseating cast. Jennifer Aniston is crying again over the death of Matthew Perry. He didn't even get to make it to Friend's 30th Birthday. Meghan McCain takes some shots at JLo. Rob Schneider is the new bad boy of comedy. His set left people traumatized. George Lopez battled with hecklers in California and then quit his set. Michael Richards has a book coming out, so he is on his own reclamation media tour. ‘How to Rob a Bank' is out now on Netflix. Investment banker Jonathan Kaye defended all Jews with his fists. Julianna Margulies is BLOWN OUT from Apple TV+'s The Morning Show. Miss Alabama* is HUGE. Samuel Alito and his wife Martha-Ann were secretly recorded. She really has issues with flags. The Shock Pope Francis is at it again. Visit Our Presenting Sponsor Hall Financial – Michigan's highest rated mortgage company If you'd like to help support the show… consider subscribing to our YouTube Page, Facebook, Instagram and Twitter (The Drew Lane Show, Marc Fellhauer, Trudi Daniels, Jim Bentley and BranDon).
Tune in for a thought-provoking conversation with Erica Komisar, LCSW, where we challenge societal norms and explore the essence of motherhood. With a warm cup of coffee in hand, join us as we unpack the complexities of mothering and how we can ‘Be There' for our children. In this episode, Erica sheds light on how feminism's historical narrative has unfairly shamed women who prioritize motherhood. Delve into the detrimental effects of societal pressure to “girl boss” and the misconceptions surrounding the "cry it out method," uncovering its harm to children's psyches. This episode offers invaluable wisdom and encouragement. Tune in and embrace the journey of motherhood with confidence, knowing that you can have it all—just not all at once.BIORAY CODE: UTSP10Erica's Website: https://www.ericakomisar.comErica's Instagram: https://www.instagram.com/ericakomisarCry it out method video: https://youtu.be/LMAQyC-85jc?si=vl7MANjtcelosgJgHer books: BEING THERE: https://amzn.to/4bhC57yCHICKEN LITTLE - THE SKY ISN'T FALLING: https://amzn.to/3KkcnUp(#commissionsearned on Amazon purchases)Interviews you NEED to listen to! Alex Clark Interview: https://youtu.be/N2ATV-8uWiY?si=a3U6aFsEajcDZdQPLila Rose Interview: https://youtu.be/NaOrKKujJBk?si=S3deaIKJjvUBM8asDad Saves America: https://youtu.be/6vc4P6hiW88?si=7d4VzKA8tXwcY2agFor more fun content you can also find us here: Instagram: https://www.instagram.com/underthesun...Aileeah: https://www.instagram.com/aileeahcolgan/Irene: https://www.instagram.com/ireneloveta/
Today in Sports Justin Verlander dominates the Tigers at Comerica as Houston beats Detroit 9-3. Tigers back home to face Miami tonight at 6:40, 6:15 pregame on WSJM. White Sox blanked by Cleveland 7-0, Sox host Nationals tonight at 7:40. Cubs beat Pittsburgh 5-4 in 10. Cubs travel to Atlanta tonight at 7:20. Pacers beat Knicks 121-89 to tie series at 2-2. Denver evens series with Minnesota after dropping games 1 and 2 at home. Atlanta wins NBA Draft Lottery. Will pick Number 1. Pistons big losers again, despite worst record in the NBA, Detroit will pick 5th for the 2nd straight year. Florida scores 2 goals in the 3rd period to beat Boston 3-2, lead series 3-1. Vancouver over Edmonton 4-3, to take 2-1 series lead. Lake Michigan College wins District Softball Tournament, will play in National Tournament in South Carolina next week High School schedules for tonight. See omnystudio.com/listener for privacy information.
Today in Sports Justin Verlander dominates the Tigers at Comerica as Houston beats Detroit 9-3. Tigers back home to face Miami tonight at 6:40, 6:15 pregame on WSJM. White Sox blanked by Cleveland 7-0, Sox host Nationals tonight at 7:40. Cubs beat Pittsburgh 5-4 in 10. Cubs travel to Atlanta tonight at 7:20. Pacers beat Knicks 121-89 to tie series at 2-2. Denver evens series with Minnesota after dropping games 1 and 2 at home. Atlanta wins NBA Draft Lottery. Will pick Number 1. Pistons big losers again, despite worst record in the NBA, Detroit will pick 5th for the 2nd straight year. Florida scores 2 goals in the 3rd period to beat Boston 3-2, lead series 3-1. Vancouver over Edmonton 4-3, to take 2-1 series lead. Lake Michigan College wins District Softball Tournament, will play in National Tournament in South Carolina next week High School schedules for tonight. See omnystudio.com/listener for privacy information.
Today in Sports Justin Verlander dominates the Tigers at Comerica as Houston beats Detroit 9-3. Tigers back home to face Miami tonight at 6:40, 6:15 pregame on WSJM. White Sox blanked by Cleveland 7-0, Sox host Nationals tonight at 7:40. Cubs beat Pittsburgh 5-4 in 10. Cubs travel to Atlanta tonight at 7:20. Pacers beat Knicks 121-89 to tie series at 2-2. Denver evens series with Minnesota after dropping games 1 and 2 at home. Atlanta wins NBA Draft Lottery. Will pick Number 1. Pistons big losers again, despite worst record in the NBA, Detroit will pick 5th for the 2nd straight year. Florida scores 2 goals in the 3rd period to beat Boston 3-2, lead series 3-1. Vancouver over Edmonton 4-3, to take 2-1 series lead. Lake Michigan College wins District Softball Tournament, will play in National Tournament in South Carolina next week High School schedules for tonight. See omnystudio.com/listener for privacy information.
Bill Adams, chief economist at Comerica Bank says 2024 will end up as "a pretty good year for the economy," with the soft nearly in place as the Fed starts to cut rates in the summer. He notes that worries about an interest-rate shock or an energy-price shock -- the big two drivers of recession -- are not exceptionally high right now and any raised concerns in those areas have enough offsets for the U.S. economy to remain the world's best while global turmoil and economic uncertainty plays out. Nick Pisano discusses a Clever Real Estate survey showing that nearly three-quarters of all Americans report having an overspending problem. David Trainer of New Constructs puts SNAP Inc. back into The Danger Zone, noting the stock probably won't be out of trouble until the stock reaches zero, and Jay Hatfield, chief executive officer at Infrastructure Capital Advisors forecasts that the Standard & Poor's 500 will hit 5,750 or higher as part of the macro outlook he uses to inform his stock picking in the Market Call.
April 5, 2024 ~ WJR Senior News Analyst Marie Osborne discussed the series of enhancements at Comerica Park with Katie Jackson, highlighting the introduction of a new, large video board and expanded local cuisine options, aiming to enrich the fan experience at Detroit Tigers games.
Today we discuss your questions! We talk about Comerica Park, trade targets, the offseason, opening day rosters, MLB expansion, and so much more!Support Us By Supporting Our Sponsors!eBay MotorsWith all the parts you need at the prices you want, it's easy to turn your car into the MVP and bring home that win. Keep your ride-or-die alive at EbayMotors.com. Eligible items only. Exclusions apply. eBay Guaranteed Fit only available to US customers.GametimeDownload the Gametime app, create an account, and use code LOCKEDON for $20 off your first purchase.FanDuelNew customers, join today and you'll get ONE HUNDRED AND FIFTY DOLLARS in BONUS BETS if your first bet of FIVE DOLLARS or more wins. Visit FanDuel.com/LOCKEDON to get started.FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com(KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN) Learn more about your ad choices. Visit podcastchoices.com/adchoices
Today we discuss your questions! We talk about Comerica Park, trade targets, the offseason, opening day rosters, MLB expansion, and so much more! Support Us By Supporting Our Sponsors! eBay Motors With all the parts you need at the prices you want, it's easy to turn your car into the MVP and bring home that win. Keep your ride-or-die alive at EbayMotors.com. Eligible items only. Exclusions apply. eBay Guaranteed Fit only available to US customers. Gametime Download the Gametime app, create an account, and use code LOCKEDON for $20 off your first purchase. FanDuel New customers, join today and you'll get ONE HUNDRED AND FIFTY DOLLARS in BONUS BETS if your first bet of FIVE DOLLARS or more wins. Visit FanDuel.com/LOCKEDON to get started. FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com(KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN) Learn more about your ad choices. Visit podcastchoices.com/adchoices
Bill Adams, Chief Economist of Dallas-based Comerica bank, joins the Inside Economics team to assess the economic outlook and consider a range of economic issues from consumer credit to China's prospects. We also learned what he is most anxious about, and it isn't the outcome of the Super Bowl. For more info on Bill Adams click hereFollow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.
Pre-Show Harvard report on housing in the USA (https://www.jchs.harvard.edu/sites/default/files/reports/files/Harvard_JCHS_Americas_Rental_Housing_2024.pdf) makes the obvious conclusion that homelessness is all about prices, wages are stagnant or falling while housing is getting more expensive due to both constrained supply and the use of real estate as an investment vehicle Dashboard | Truflation (https://truflation.com/dashboard) Gavin Newsom Witnesses Shoplifting (https://www.youtube.com/shorts/PxjySys6qM0) SNL - Debanking Weekend Update (https://www.youtube.com/watch?v=QLt6xK33mUc) News While the U.S. Whitehouse pushes for a new edict to register all bitcoin mining (https://tftc.io/eia-bitcoin-mining-survey/) in the USA, including GPS coordinates of miners, power demand from AI companies is keeping coal burning powerplants operation (https://archive.ph/spRaU) past their intended EOL Economics Arthur Hayes' thinks that Bitcoin will go down and then up (https://blog.bitmex.com/yellen-or-talkin/) ... no duh Rember Evergrande? A Hong Kong court has ordered liquidation (https://www.reuters.com/business/embattled-china-evergrande-back-court-liquidation-hearing-2024-01-28/) of the company's assets, which spells trouble for Chinese savers The US Federal Reserve's Bank Term Funding Program will stop bailing out US Bank (https://www.frbdiscountwindow.org/GeneralPages/bank_term_funding_program#:~:text=What's%20New%3A%20On%20January%2024,scheduled%20on%20March%2011%2C%202024.)'s underwater treasury portfolio's in March while US Regional banks are still under financial pressure (https://www.reuters.com/markets/us/us-regional-bank-sell-off-cautionary-sign-more-pain-come-2024-02-02/) U.S. regional banking shares tumble for second straight day (https://www.cnbc.com/2024/02/01/us-regional-banking-shares-tumble-for-second-straight-day.html) Western Alliance Bancorp's shares fell 4.8%, while those of Valley National Bancorp dropped 5%. Comerica's (CMA.N), opens new tab shares fell 2.1%. The S&P 500 Banks index fell roughly 1.2%. The fall of U.S. regional banks stocks on Wednesday translated into $685 million in paper profits for short sellers, according to data and analytics company Ortex. US regional banks tumble for second straight day on NYCB woes | Reuters (https://www.reuters.com/business/finance/us-regional-banking-shares-under-lens-after-nycb-slide-2024-02-01/) Holger Zschaepitz on X (https://twitter.com/Schuldensuehner/status/1750635611592020171) Borrowing from Fed's emergency lending program rose to a fresh record, just before Fed raised the facility's interest rate to stop financial institutions from taking advantage and arbitraging on its attractive terms. Demand for Bank Term Funding Program rose $6.3bn to an ATH of $167.8bn. Borrowing has jumped by $50bn since mid-November after program's rate increasingly fell below the rate at which institutions could earn money by parking reserves at Fed. Any increase from here is not arbitrage-driven. (BBG) Image https://pbs.twimg.com/media/GEuBrOUWUAA_5E7?format=png&name=small Privacy Has Finnish law enforcement cracked Monero traceability (https://protos.com/did-law-enforcement-in-finland-crack-moneros-privacy-technologies/) or did a hacker accidentally upload his home folder (https://krebsonsecurity.com/2022/11/hacker-charged-with-extorting-online-psychotherapy-service/) during an extortion drop? Bitcoin Education Bitcoin Optech #287 covers a new replace by fee model (https://bitcoinops.org/en/newsletters/2024/01/31/) as well as more discussion of 'exogenous fee' incentives Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)
Happy Tuesday! From a new location for a popular shwarma spot to a new scoreboard and Lions talk, we have you covered on this Tuesday with Fletcher Sharpe. 00:23 - Fletcher went and tried the new Bucharest location in Grosse Pointe Woods 04:49 - The Lions return to form as their offensive line heals and runs the Broncos back to Denver 10:02 - Pistons fans are frustrated, with some calling for Gores to get rid of the team. Fletcher doesn't think we're at that point. 13:46 - Comerica Park is getting a new scoreboard. It'll be the second largest video scoreboard in the league, and it seems Chris Ilitch has finally listened so that our scoreboard isn't worse than a AAA team. On the positive side, it's a sign that the team wants people at the ballpark, and the investments are good. Feedback as always - dailydetroit - at - gmail - dot - com or 313-789-3211 Follow us on Apple Podcasts: https://lnk.to/dailydetroitonapple Or Spotify: https://lnk.to/dailydetroitonspotify Thanks to our members: http://www.patreon.com/dailydetroit Or those who do a one-time contribution: http://www.buymeacoffee.com/dailydetroit
Today we discuss your questions! We talk about Comerica Park, Riley Greene, third base, more starting pitching? Isaac Peredes, and more! Support Us By Supporting Our Sponsors! FanDuel Score early this NFL season with FanDuel, America's Number One Sportsbook! Right now, NEWcustomers get ONE HUNDRED AND FIFTY DOLLARS in BONUS BETS with any winning FIVE DOLLAR MONEYLINE BET! That's A HUNDRED AND FIFTY BUCKS – if your team wins! Visit FanDuel.com/LOCKEDON to get started. FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com(KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN) Learn more about your ad choices. Visit podcastchoices.com/adchoices
Today we discuss your questions! We talk about Comerica Park, Riley Greene, third base, more starting pitching? Isaac Peredes, and more!Support Us By Supporting Our Sponsors!FanDuelScore early this NFL season with FanDuel, America's Number One Sportsbook! Right now, NEWcustomers get ONE HUNDRED AND FIFTY DOLLARS in BONUS BETS with any winning FIVE DOLLAR MONEYLINE BET! That's A HUNDRED AND FIFTY BUCKS – if your team wins! Visit FanDuel.com/LOCKEDON to get started.FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com(KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN) Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this wide-ranging interview, our Director of Corporate Finance Stephen Barnett speaks to Ross about:What working for a world-class team feels likeHow to leave jobs you love and make hard career decisionsThe differences between a global bank + a regional bankWhy mentors don't always need to be your seniorsWhat is venture debt, and how to break into early-stage fundingBest career advice for young people looking to break into financeWhat podcast all young people should be tuning intoAnd much more!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5r Hosted on Acast. See acast.com/privacy for more information.
In this wide-ranging interview, Our Director of Corporate Finance Stephen Barnett talks to Ross about:Why taking multiple gap years might make sense and the benefits of an MBAWhy being a jack of all trades is beneficial to banks, and to your careerHow to navigate assessment centres (in the face of adversity)Why soft skills are most important to develop at an early age (the rest you can learn)Why it's important to have a plan, but also embrace flexibility and learn from every role you getThe importance of being yourself – taking the job seriously, but not yourselfWhy the perfect job doesn't exist, and your career is only one facet of your life and personalityAnd much more!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5r Hosted on Acast. See acast.com/privacy for more information.
The summer is slowly starting to wind down and we could not think of a better person to talk with us at this time than Erica Wiggenhorn! Erica is an award-winning author and is the founder of Every Life Ministries. We're so thankful to have her as a part of our church family! If you are a woman who attends Bible Study at Desert Springs, you have probably been a part of one of the studies Erica has written. In this interview we had the opportunity to speak with Erica on a personal level. We really appreciate Erica's realness; you're going to feel like you're catching up with a friend you've had forever over coffee. Erica's story starts in her time at Azusa Pacific University where she met her husband Jonathan (that's a funny story that you'll have to listen to hear). They married shortly after graduating college and later moved to Michigan for Jonathan's schooling. Moving to Michigan was a big step as Erica had never left California. This move is where she learned to seek out and cultivate real community. Life was bringing Erica a lot as she was trying to balance her husband's demanding schedule with her own career all while struggling with infertility. Having Christian community became vital while navigating all of these things. They ended up moving to North Carolina and then eventually Arizona to care for Erica's ailing father. We're thankful the Wiggenhorn family was able to become a part of Desert Springs after moving to Arizona. Multiple moves, being a new mom, the death of her father and the stresses of work were leaving Erica feeling exhausted and on the verge of burnout. She prayed in desperation to know God in a real way - and God's answer to Erica was to begin studying Ezekiel. This began the road to becoming the author so many of us know now. You're going to want to take notes as SO much wisdom is scattered throughout this real and candid conversation about what it takes to develop real and lasting community. God can really move when we being to take those initial steps. You'll hear so much about the groundwork that was laid simply by Erica taking the steps that were in front of her. God is always leading us into community with Him and others; we just have to follow. These show notes can hardly sum up this conversation, you've got to listen!Learn more about Erica and her ministry: https://ericawiggenhorn.comErica's books and Bible studies: https://ericawiggenhorn.com/books/Connect with Erica on Instagram: https://www.instagram.com/ericawiggenhorn/?hl=enWould you please subscribe and leave us a review? This will help our podcast reach more people! We'd love it if you'd share this podcast with your friends on social media and beyond. Join us next Wednesday to hear another story of God's faithfulness!
In this Real Estate News Brief for the week ending April 29th, 2023... you'll get mixed news on inflation, results for the first quarter GDP, and a rate hike in South America that you never want to see here! Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic News Let's begin our economic review with the latest inflation report. The Personal Consumption Expenditure Index for March was released on Friday and showed a tiny .1% increase in overall inflation. That brought the yearly rate down from 5.1% in February to 4.2% in March – the lowest it's been since May of last year. But unfortunately, the news wasn't as good for the PCE's core rate. When you omit prices for food and gas, the core rate rose .3%, and brought the annual rate down from 4.7% to 4.6%. As MarketWatch reports, the core rate hasn't changed much for the last five months. (1) The PCE is the Fed's preferred inflation gauge, and will be an important factor in determining whether to hike interest rates again this week. It's generally believed that the central bank will hike rates another quarter point, but it's a delicate situation because the economy is teetering on the brink of a recession. As Bill Adams of Comerica told MarketWatch: “The Fed is stuck between raising interest rates and likely pushing the economy into a recession… or pausing and risking that inflation accelerates in a few quarters if the economy regains momentum and sticky prices stay high.” First quarter GDP is out. It shows the economy grew at a rate of 1.1%. That's down from a GDP of 2.6% in the fourth quarter. Consumer spending has been strong, but was offset by spending cautiousness among businesses. Home construction and sales are also a drag on the GDP, thanks to higher mortgage rates. But MarketWatch says the biggest impact on the GDP was a lack of inventory growth. Business inventories were down $138 Billion. If that had not been the case, and inventory growth remained flat, the GDP would have reportedly been much higher, at 3.4%. (2) Jobless claims reversed course this last week and fell an unexpected 16,000 to a seasonally adjusted 230,000. Economists had expected them to rise slightly. The report shows that the job market is still strong, which feeds into the Fed's concern about inflation. Continuing claims were also down 3,000 to 1.86 million. (3) Housing demand and a lack of existing home inventory drove new home sales higher in March, despite high mortgage rates. The Commerce Department says they were up 9.6% for the month, to a seasonally adjusted annual rate of 683,000. The surge was mostly driven by new home sales in the Northeast. The median price for a home was $449,800. Chief Economist, Lisa Sturtevant, at Bright MLS, says that about one in three homes for sale are new builds. Historically, it's more like one in 10. (4) Although the sale of existing homes has been rising over the last several months, they fell in March. The National Association of Realtors says contract signings were down 5.2% for the month which is more than economists had predicted. NAR says about a third of the listings are seeing multiple bids, and 28% are selling for more than the asking price. (5) The February report on home prices by Case Schiller shows the national index was up .2% for the month, and 2% for the year. That's the smallest increase in home price growth since 2012. (6) Mortgage Rates NAR says that realtors are predicting that mortgage rates will hit 6% this year, and 5.6% next year. But they aren't there yet. Freddie Mac says the average 30-year fixed rate mortgage was up 4 basis points this last week, to 6.43%. The 15-year was down 5 points to 5.71%. (7) In other news making headlines… Study: Home Demand Rises After Periods of High Inflation The desire to own a home will likely increase thanks to inflation. The results of a new study by UC San Diego show that the inflation we're seeing today will have a lasting impact on the housing market, with many people buying homes to protect themselves from future price growth. The study claims to be the first of its kind to show that personal experience with inflation will lead to home ownership. (8) One of the study co-authors says: “We think one reason people choose to buy instead of rent is because they are worried about future inflation, which may drive up both rent and house prices.” She says: “Our paper suggests that cohorts living through the current inflationary period will have a higher demand for housing for years to come.” Huge Rate Hike in Argentina as Inflation Soars As the American consumer worries about inflation and another rate hike when the Fed meets this week, consider this: The Argentina central bank just hiked short-term rates 300 basis points to an annual rate of 81%! That's in response to surging inflation that hit 104% in March. Argentine officials had hoped to cut rates this year after a difficult tightening cycle in 2022, but inflation has returned with a vengeance. Argentina has one of the world's highest inflation rates right now. JP Morgan is predicting that Argentina's inflation will hit 130% by the end of the year. (9) That's it for today. Check the show notes for links at newsforinvestors.com. You can also join RealWealth to learn more about real estate investing by hitting the “Join for Free” button. And please remember to hit the subscribe button, and leave a review! Thanks for listening. I'm Kathy Fettke. Links: 1 - https://www.marketwatch.com/story/u-s-inflation-slows-again-pce-shows-2bc60ce7?mod=economy-politics 2 - https://www.marketwatch.com/story/first-quarter-gdp-climbs-at-1-1-pace-a8fac9e6?mod=economy-politics 3 - https://www.marketwatch.com/story/jobless-claims-fall-sharply-in-latest-week-395a0675?mod=economic-report 4 - https://www.marketwatch.com/story/u-s-new-home-sales-surge-9-6-in-march-as-home-buyers-turn-to-builders-c384df9d?mod=economic-report 5 - https://www.marketwatch.com/story/pending-home-sales-fall-for-the-first-time-since-november-d56869cd?mod=economic-report 6 - https://www.marketwatch.com/story/u-s-home-prices-rise-for-first-time-in-8-months-case-shiller-says-62cb2876?mod=mw_latestnews 7 - https://finance.yahoo.com/news/argentina-central-bank-hikes-interest-153626211.html 8 - https://today.ucsd.edu/story/living-through-high-inflation-increases-home-ownership 9 - https://finance.yahoo.com/news/argentina-central-bank-hikes-interest-153626211.html
Sit down with Erica Rankin, the founder and CEO of Bro Dough, a plant-based, protein-infused, edible cookie dough company based out of Canada. Erica shares her journey from launching Bro Dough in 2019 to growing her following across multiple platforms to over 260K. As a successful ecommerce entrepreneur and digital marketing expert, Erica also offers insights into navigating food manufacturing challenges and the importance of having a good manufacturing partner.Show Linksbrodough.cagrowwitherica.comErica on LinkedInTikTok/@brodoughcanadaSponsorsFree 30-day trial of Zipify OCU - To get an unadvertised gift, email help@zipify.com and ask for the "Tech Nasty Bonus".Venntov, makers of SEO Manager, Order Lookup, and ClockedInRetention.com: Reclaim 5-10x Abandonment RevenueLoop Returns: Ecommerce Returns Management for ShopifyNever miss an episodeSubscribe wherever you get your podcastsJoin Kurt's newsletterHelp the showAsk a question in The Unofficial Shopify Podcast Facebook GroupLeave a reviewSubscribe wherever you get your podcastsWhat's Kurt up to?See our recent work at EthercycleSubscribe to our YouTube ChannelApply to work with Kurt to grow your store.
In this Real Estate News Brief for the week ending April 8th, 2023... reports show a slowly weakening job market, what could be a great year for single-family rentals, and a list of the top metros for home value growth and stability. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic News We begin with economic news from this past week. Although the job market remains strong, the latest reports show it is softening. For the week of March 25th, jobless claims hit 228,000. It's the ninth week in a row that they've topped 200,000. They had bottomed out last fall when they dropped to a 53-year low of 182,000. They continued around the 200,000 level for several months and have been slowly rising since February. Government revisions also show that claims during the first part of the year were higher than previously reported. MarketWatch economists say that's probably due to corporate layoffs that are just now showing up in the jobless data. (1) Job openings are also declining. They fell to a 21-month low in February, which is another sign that the job market is softening. Listings dropped from 10.6 million in January to 9.9 million in February. Openings are now down to about 1.7 openings for each unemployed worker. They were at 1.9 openings or each unemployed worker previously. Bill Adams of Comerica told MarketWatch: “The labor market is still very hot but the big drop in job openings is a sign the labor market is cooling in general.” (2) A third report on job growth shows that U.S. companies added 236,000 new jobs in March. That's a sign of strength and resiliency, and probably not what the Fed would like to hear. Those new jobs helped lower the unemployment rate from 3.6% to 3.5%. Wage growth was slower however. It's come down from 4.6% in February to 4.2% in March. (3) A report on construction spending shows it was down slightly in February. The Commerce Department says it fell .1% to $1.844 trillion. Single-family construction spending was down 1.8% while multi-family spending was up 1.4%. Year-over-year, multifamily is up 22.2%. Single-family is up 21.4%. (4) Mortgage Rates Mortgage rates dipped slightly this last week. Freddie Mac says the average 30-year fixed-rate mortgage was down 4 basis points to 6.28%. The 15-year was down 8 points to 5.64%. (5) In other news making headlines… Single-Family Rental Market Remains Strong Some parts of the housing market may be in for a rough ride this year, but the single-family rental market isn't one of them. A new report from Attom projected single-family rental yields for 212 counties with a population of at least 100,000. Rental yields are calculated by dividing the annualized gross rent by the purchase price. According to Attom, rentals in those 212 counties will see a 7.5% yield this year. That's up from 6.7% last year. (6) Attom says that SFR rents are growing in over 90 of the counties analyzed, so those counties will be the most desirable. Three of the top five counties for the biggest upside in rent yields are in Florida including counties for Miami, Fort Lauderdale, and West Palm Beach. California's Orange and Santa Clara counties are the other two. There's a lot of data in this report so it's worth digging deeper if you're deciding where to buy a rental property this year. You'll find a link to the report in the show notes. Texas Shows Strength for Overall Housing Market Another report on the U.S. housing market lists the top 20 cities for growth and stability, and 12 of them are in Texas. The Smart Asset study compared home value data for 400 metros between 1998 and 2022. It then calculated the growth rate from that data. (7) The Austin, Texas, area was In the number one spot for growth and stability followed by Midland, Texas, in the Western part of the state. Boulder and Fort Collins, Colorado, took the third and fourth spots. The Kennewick-Richland part of Washington State was fifth. Rapid City South Dakota took the sixth position. Then it's back to Texas with the Odessa area in West Texas as seventh and the Dallas area as eighth. San Antonio was in the ninth spot, and Houston right after that. Texas also dominated the next ten top cities as well with six more metros showing the strongest growth and stability. The report also shows the worst cities for growth and stability with Flint Michigan topping that list. I won't list those cities, but you'll find a link to the report in the show notes. Will Commercial Real Estate Go Belly Up? While there has been a lot of concern that commercial real estate is going to implode because of maturing debt and the inability to refinance at high interest rate, CNBC published a story with the title: “The coming commercial real estate crash that may never happen.” This story argues that only a quarter of office-building loans will need to be refinanced in the next year. A quarter of office-buildings? That sounds like a LOT to me. CNBC also reports that industrial, retail, and hotels are on solid ground. (8) Kevin Fagan of Moody's Analytics says: “There likely will be issues but it's more of a typical down cycle.” Whether it's a typical down cycle or a rare one, losing money is never good for investors and is usually a result of aggressive underwriting in a bull market. According to The RealDeal, distress has started to rear its ugly head in the Houston market. Arbor Realty Trust just foreclosed last week on four low-income multifamily properties in Houston, valued at $229 million. The portfolio includes Heights at Post Oak, Redford Apartments, Reserve at Westwood and Timber Ridge Apartments, all of which were purchased between August 2021 and April 2022. (10) The RealDeal says Arbor's foreclosure is "indicative of the current state of the market, where higher interest rates, regional banking turmoil, and slowing rent growth continue to negatively impact multifamily operators. Investors decreased their purchase of apartment buildings by about $40 billion in the first quarter of 2023, representing a 74% decline in sales from the first quarter of last year, according to CoStar Group. That's it for today. Check the show notes for links at newsforinvestors.com. As always, I ask that you sign up as a RealWealth member. It's free and will give you complete access to our market data and resources. And please remember to hit the subscribe button, and leave a review! Thanks for listening. I'm Kathy Fettke. Links: 1 - https://www.marketwatch.com/story/jobless-claims-top-200-000-after-changes-to-formula-for-seasonal-adjustments-877bfe37?mod=home-page 2 - https://www.marketwatch.com/story/job-openings-in-the-u-s-fall-to-21-month-low-of-9-9-million-cd1fc5ee?mod=home-page 3 - https://www.marketwatch.com/story/jobs-report-shows-236-000-increase-in-employment-in-march-9656b5fc 4 - https://www.marketwatch.com/story/construction-spending-falls-in-february-90188a02?mod=economic-report 5 - https://www.freddiemac.com/pmms 6 - https://www.attomdata.com/news/market-trends/attom-2023-single-family-rental-market-report/ 7 - https://smartasset.com/data-studies/best-housing-markets-for-growth-and-stability-2023 8 - https://www.cnbc.com/2023/04/09/the-coming-commercial-real-estate-crash-that-may-never-happen.html 10 - https://therealdeal.com/texas/houston/2023/04/10/arbor-realty-forecloses-on-229-million-multifamily-portfolio-in-houston/?fbclid=IwAR3yZwTh9jylfQsZQp4HjpOLNPqSE_BiXjlQSGWkE6T42lyeTN3WawP1ZMc
Just out, the Consumer Price Index for February and it shows that inflation cooled slightly for the month. Government figures show it rose .4% which brings the annual inflation rate down to 6%. It was 6.4% last month. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Please remember to subscribe to this podcast and leave us a review. The report on the CPI also shows a .5% rise in the core rate of inflation, which omits volatile pricing for food and energy. That's slightly higher than a .4% estimate for the core rate, but the annual core rate of 5.5% was inline with expectations. Economists Expect Soften Fed Policy Overall, inflation went down in February, but likely not enough to prevent another rate hike when the Federal Reserve meets next week. Economists expect the banking turmoil to soften the Fed's stance however. The head of Evercore ISI's global policy and central bank strategy, Krishna Guha, told CNBC: “While only moderately higher than consensus, in the pre-SVB crisis world this may well have pushed the Fed to hike 50 basis points at its March meeting next week. It is a sign of how much things have changed in the very near term that 50 basis points is almost certainly off the table for March.” Economists started predicting a 50 basis point rate hike after hawkish comments by Fed Chief Jerome Powell when he testified before two congressional committees. During two days of testimony, Powell said that interest rates will probably be “higher than previously anticipated.” After the failure of Silicon Valley Bank and two other banks, economists now expect the Fed to back off a bit, but not completely. Jeffrey Roach, who's the chief U.S. economist at LPL Financial told CNBC: “Even amid current banking scares, the Fed will still prioritize price stability over growth and likely hike rates by .25% at the upcoming meeting. Inflation Rate Varies from Sector to Sector When you break the report down into sectors, you see that lower energy prices helped bring the overall rate down. Energy prices were down .6% in February, to an annual rate of 5.2%. Food prices were up .4% although egg prices tumbled. They were down 6.7% but are still up 55.4% on a year-over-year basis. Shelter costs were .8% higher which brought the annual rise in shelter prices to 8.1%. Shelter costs make up about one third of the CPI, but fed officials expect those costs, including rent growth, to slow down throughout the year. As Bright MLS chief economist, Lisa Sturtevant, told CNBC: “Housing costs are a key driver of the inflation figures, but they are also a lagging indicator. It typically takes six months for new rent data to be reflected in the CPI.” She says the fact that the data is six months old means that inflation levels are not accurately reflecting current rates of inflation. Moody's: Six Banks at Higher Risk of Failure Fed officials will be taking this report into consideration at their meeting, along with other newly released economic data and the risk to the banking system. Moody's released a list of six banks that it considered at higher risk of failure because of the current economic environment. Those banks include: First Republic Bank, Zions, Western Alliance, Comerica, UMB Financial and Intrust Financial. (2) Economist Gus Faucher of PNC Financial Services told MarketWatch: “What was a tricky task for the Fed, raising rates by enough to cool off inflation, but not by too much as to push the economy into recession, has gotten even more difficult with the recent bank failures.” (3) Check the show notes at newsforinvestors.com for links to our sources. I also encourage you to join RealWealth for free. When you become a member, you have access to more than just the Learning Center. You'll be able to log in to the Investor Portal where you'll find data on some of the best rental markets in the country, along with sample properties for sale to investors. Members also have access to our experienced investment counselors, and our list of property teams and other real estate professionals that can help put you on the path to financial freedom. Thanks for listening, Kathy Fettke Links: 1 - https://www.cnbc.com/2023/03/14/cpi-inflation-february-2023-.html 2 - https://www.cnn.com/2023/03/14/investing/moodys-us-banks-downgrade/ 3 - https://www.marketwatch.com/story/cpi-shows-slightly-cooler-u-s-inflation-but-pressure-still-on-fed-to-raise-rates-fe88e2f5
Motley Crue rocked Comerica last night, RIP Gary Moeller, Joe Biden heckled, 90 Day Fiancé review, Gary Graff joins us, Amber Heard's mistrial Hail Mary, drunk news anchor on TV, Chuck Gaidica MIA, and Drew fondly remembers "Venus".Apparently everyone in Drew's orbit can only produce female offspring. With all these mouths to feed Drew is feeling the pressure to perform.Joe Biden was heckled by the father of a Parkland school shooting victim.Amber Heard wants the case she lost against Johnny Depp to be tossed over a technicality. The wrong juror showed up. RIP to Paulie Walnuts from the Sopranos. The TV/film gangster death triangle is complete.Megyn Kelly was interviewing Sammy "The Bull" Gravano when the news that James Caan died broke. Sammy then eulogizes him in interesting fashion.Frank Sinatra was not in the mob, but he really wanted everyone to think that he was a mafioso.Drew reviews the fireworks from the most recent 90 Day Fiancé.Former cannibal and actor Armie Hammer is now selling time shares in the Cayman Islands.The CBS Evening News ratings are too low for Norah O'Donnell to be as mean as she is to her staff.An Albany, NY news anchor was suspended for being hammered on live TV.Girl in the Picture on Netflix is disturbingly good.Drew fondly remembers the first time he went to a gentlemen's club and met Venus.Swimming in Iowa sounds fun.Gary Graff joins us to recap the 3-night concert weekend at Comerica Park, review David Lee Roth's new single, and talk about Santana collapsing at Pine Knob.A standoff in Harper Woods ends after 7 hours with two dead.The Feds charged the guy that bought the weapon that murdered DPD Officer Loren Courts.Chuck Gaidica is now a wellness coach... and podcaster.Nick Kyrgios lost the Wimbledon finals after demanding a "drunk" fan gets kicked out.RIP former University of Michigan head coach Gary Moeller.Drew has now interest in the history of Playboy's preseason college football All-Americans.Steve Bannon will testify for the January 6th committee with President Trump's blessing.No one, not even Democrats, want Joe Biden to run in 2024.Drew is afraid that Pete Davison is forever ruined by appearing on the Kardashians.Everyone is banning Greg Norman. This time it is the British Open.The ruling on Deshaun Watson's suspension is taking forever.E60 has a new documentary on a Michigan man who was able to sneak his way into many sporting events... and he fathered a bunch of kids.Social media is dumb, but we're on Facebook, Instagram and Twitter (Drew and Mike Show, Marc Fellhauer, Trudi Daniels and BranDon).
The Feds are coming for Kwame's money, BranDon has a baby & Lyla goes to the vet, Billy Joel plays Comerica, Biden's Burgundy moment, Boosie Badazz defends R Kelly, Elon returns Twitter, Markel's an elder abuser, Shawn Mendes' mental health break, and we go in search of Miss Mina.Brandon and Kristin welcome baby Emily Mae to their family. So, we have Jim Bentley with us.Drew took Lyla to the vet because she was thirsty. He also learns the lesson of begging forgiveness instead of asking permission.Billy Joel rocked Comerica Park Saturday night.Joe Biden pulls a Ron Burgundy.Stranger Things has made another 1980's song a hit. This time it's Metallica's turn.Shawn Mendes postpones his tour because he needs a mental health break.Macy Gray backtracks on what she told Piers Morgan about trans-women. At least the comments gave her a chance to promote her album on the Today show.The feds want Kwame Kilpatrick to pay back the money he owes them. The man that prosecuted him, Michael Bullotta, joins us. He explains to whom else Kilpatrick owes money.A retired Army General in trouble for mocking Dr. Jill Biden. Hunter Biden was even less kind to Dr. Jill Biden.Former Japan Prime Minister Shinzo Abe was assassinated. SIST: President Trump would not have liked that crowd size.Bill Richardson is going to Russia to bring Britney Griner back. The WNBA was all about #42 Britney Griner.President Biden finally called Paul Whelan's sister.We try to return Thomas Markle's phone call to us. Meanwhile, Harry is pulling his "make a deal and produce no content" scam on Penguin Random House.Elon Musk decides he really doesn't want to spend $44 billion to buy Twitter.Britney Spears doesn't understand how documentaries are made.Jim was once busted for downloading adult videos while living at home.Boosie Badazz is really upset that R Kelly got 30 years. He does a great job defending R Kelly's artistic achievements. Drew thinks The Thriller is overrated.The "2022 Football National Championship" was on ESPN 2 this afternoon. We try to call the Sports Bra in Portland to see what was on the main TV today.Thanks to a loose lipped vacationer, we learned that Kaitlin Armstrong once had a ridiculous meltdown at a Yoga retreat. There's another terrible 911 operator, but this time he's charged with a major crime.We go "in search of" one of our favorite video clips of all time- Miss Mina.Supreme Court Justice Brett Kavanaugh just wanted to eat a meal at Morton's. TikTok "star" Addison Rae's dad is quite the turd. His affair with a 25-year-old woman has blown up in his face.Social media is dumb, but we're on Facebook, Instagram and Twitter (Drew and Mike Show, Marc Fellhauer, Trudi Daniels and BranDon).