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The Conference Board's Consumer Confidence Index for May was released on Tuesday; Kevin has the details, discusses the information and offers his insights and perspective. The U.S. Commerce Department released the April Durable Goods Orders report: Kevin sorts through the data, explains the information and puts it into perspective. Americas Commercial Transportation Research Company and the Freight Transportation Research Associates Transportation Intelligence reported their respective April Class 8 Truck Orders numbers; Kevin discusses the results. Wards Intelligence reported April Class 8 Truck Sales; Kevin has the details. Oil and gas prices react to strong gasoline demand over the Memorial Day holiday, Russia's increased missile and drone attacks on Ukraine, the German Chancellor's an escalation, encouraging Ukrainian attacks deep into Russia and OPEC+'s anticipated announcement of crude oil output hike later this week.
The Conference Board's Consumer Confidence Index for May was released on Tuesday; Kevin has the details, discusses the information and offers his insights and perspective. The U.S. Commerce Department released the April Durable Goods Orders report: Kevin sorts through the data, explains the information and puts it into perspective. Americas Commercial Transportation Research Company and the Freight Transportation Research Associates Transportation Intelligence reported their respective April Class 8 Truck Orders numbers; Kevin discusses the results. Wards Intelligence reported April Class 8 Truck Sales; Kevin has the details. Oil and gas prices react to strong gasoline demand over the Memorial Day holiday, Russia's increased missile and drone attacks on Ukraine, the German Chancellor's an escalation, encouraging Ukrainian attacks deep into Russia and OPEC+'s anticipated announcement of crude oil output hike later this week.
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture The EU countries are realizing that they were headed down the the wrong path in regards to green energy, now they are reversing course. EU has now bent a knee to Trump and they will negotiate a trade deal. Countries around the world are making trade deals. Consumer sentiment is now rising and the window is now closing for the [DS]/[CB]. The [DS] is panicking because everyday that passes they lose more and more control. They have lost the funding, security clearances, the intelligence orgs and now the FBI has begun their investigation into the pipe bomber, SC leak and cocaine in the WH. Think logically, elections, judges and who was managing the WH. Pain. Majority of Americans say the US is on the right track. Economy Energy Costs Now ‘Main Issue' For US Ally That Barred Nuclear Power Italian Prime Minister Giorgia Meloni said high energy costs are the most critical economic issue for her country Italy has embraced green energy and enacted a ban on nuclear power that has lasted nearly 40 years, though the nation's Council of Ministers and Meloni have recently moved to reintroduce the technology, joining other European countries like Belgium, Denmark and Germany that are also reconsidering their turns away from nuclear power. Emanuele Orsini — the head of Italy's largest business lobby — called for Meloni to cut energy costs and pave the way for a return to nuclear energy at the annual assembly for Confindustria, where Meloni again acknowledged her country's energy problems, Reuters reported. “Our companies continue to suffer from an energy (price) surcharge of more than 35% over the European average, even reaching peaks of 80% when compared to the largest European countries,” Orsini said at the assembly, according to Reuters. Meloni has expressed support for expanding nuclear energy in Italy, as have other officials, including the Minister of Environment and Energy Security Gilberto Pichetto Fratin. Source: dailycaller.com Trade with the United States of America. They will BOTH be very happy, and successful, if they do!!! (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); US Consumers Now More Optimistic, Ending 5 Straight Months Of Decline In Confidence Index U.S. consumer confidence bounced back in May ending five straight months of decline and beating economists' expectations. The Consumer Confidence Index increased by 12.3 points in May to 98.0, up from 85.7 in April, according to a report released Tuesday by The Conference Board. This notably marked the first increase in consumer confidence in five months. The Conference Board's Present Situation Index, which is based on consumers' outlook on current business and job market conditions, increased 4.8 points in May to 135.9. Meanwhile, the Expectations Index, which is based on consumers' short-term outlook for income, business and job market conditions, jumped 17.4 points to 72.8 in the same month. Source: dailycaller.com Political/Rights Star Harvard Business Professor Who Studied Honesty Pays a Historic Price for a Faculty Member at School After Falsifying Her Findings on Multiple Studies As The New York Post reported, Francesca Gino,
The Case-Shiller U.S National Home Price Index was released yesterday; Kevin has the details, digs into the data, puts it into historical perspective, and offers his insights. The Conference Board's Consumer Confidence Index was released, and the U.S. Bureau of Labor Statistics released the Job Openings and Labor Turnover Survey. Kevin reviews the details and offers his insights and opinions on the reports. Kevin has the supply and demand numbers, including expectations for corporate earnings, tariff talks, crude oil inventory levels, and geopolitical events that affect oil and gas prices.
The Case-Shiller U.S National Home Price Index was released yesterday; Kevin has the details, digs into the data, puts it into historical perspective, and offers his insights. The Conference Board's Consumer Confidence Index was released, and the U.S. Bureau of Labor Statistics released the Job Openings and Labor Turnover Survey. Kevin reviews the details and offers his insights and opinions on the reports. Kevin has the supply and demand numbers, including expectations for corporate earnings, tariff talks, crude oil inventory levels, and geopolitical events that affect oil and gas prices.
Various reporting agencies have released their take on the Consumer Confidence Index, Kevin digs into the data, provides addition data and offers his insights. Kevin discusses the U.S. Department of Labor's Initial jobless claims report. From the MId-America Trucking Show, Kevin's interview with Megan Brown, Commercial Product Mgr., Geico Insurance, announced breaking news regarding a new product that they were introducing at the show. Kevin also interviewed Jeff Pierce, Director of Media & Military Partnerships, Wreaths Across America about their amazing organization. Kevin reports and discusses the news and events affecting oil and gas prices. Kevin discusses the Energy Report by Phil Flynn, Senior Analyst PRICE Futures Group.
Various reporting agencies have released their take on the Consumer Confidence Index, Kevin digs into the data, provides addition data and offers his insights. Kevin discusses the U.S. Department of Labor's Initial jobless claims report. From the MId-America Trucking Show, Kevin's interview with Megan Brown, Commercial Product Mgr., Geico Insurance, announced breaking news regarding a new product that they were introducing at the show. Kevin also interviewed Jeff Pierce, Director of Media & Military Partnerships, Wreaths Across America about their amazing organization. Kevin reports and discusses the news and events affecting oil and gas prices. Kevin discusses the Energy Report by Phil Flynn, Senior Analyst PRICE Futures Group.
The Conference Board issued the Consumer Confidence Index, Kevin has the details, talks about the data and offers his insights. Kevin speaks with Jody Pollard, SVP of Truck and Aftermarket Sales and Robb Nixon, VP of Aftermarket Sales, Rush Enterprises about Rush Truck Centers Maintenance Plans, Mobile Service, update on emissions regs and 2025 outlook. The U.S. Census Bureau reported February New Home Sales, Kevin explains and discusses the data. Kevin points out the factors and news affecting oil prices.
The Conference Board issued the Consumer Confidence Index, Kevin has the details, talks about the data and offers his insights. Kevin speaks with Jody Pollard, SVP of Truck and Aftermarket Sales and Robb Nixon, VP of Aftermarket Sales, Rush Enterprises about Rush Truck Centers Maintenance Plans, Mobile Service, update on emissions regs and 2025 outlook. The U.S. Census Bureau reported February New Home Sales, Kevin explains and discusses the data. Kevin points out the factors and news affecting oil prices.
The Conference Board issued the Consumer Confidence Index, Kevin has the details, talks about the data and offers his insights. Kevin speaks with Jody Pollard, SVP of Truck and Aftermarket Sales and Robb Nixon, VP of Aftermarket Sales about Contract Maintenance Plans, Mobile Service, update on emissions regs and 2025 outlook. The U.S. Census Bureau reported February New Home Sales, Kevin explains and discusses the data. Kevin points out the factors and news affecting oil prices.
The Conference Board issued the Consumer Confidence Index, Kevin has the details, talks about the data and offers his insights. Kevin speaks with Jody Pollard, SVP of Truck and Aftermarket Sales and Robb Nixon, VP of Aftermarket Sales about Contract Maintenance Plans, Mobile Service, update on emissions regs and 2025 outlook. The U.S. Census Bureau reported February New Home Sales, Kevin explains and discusses the data. Kevin points out the factors and news affecting oil prices.
The Consumer Confidence Index had its biggest drop in more than three years in February. We're at a crossroads moment in the economy. Uncertainty is back, according to financial experts and consumers alike. In a special interview-only episode, WSJ's Take On the Week co-host Telis Demos talks with Seth Carpenter, Morgan Stanley's chief global economist, about where we are in the fight against inflation and what that means for the stock market, the Federal Reserve, and more. This is WSJ's Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street's banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We'd love to hear from you. Email the show at takeontheweek@wsj.com. To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com. Further Reading The Two-Headed Monster Stalking the Economy Has a Name: Stagflation How Uncertainty From Trump's Tariffs Is Rippling Through the Economy For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on The Street Column, and WSJ's Live Markets blog. Sign up for the WSJ's free Markets A.M. newsletter.
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 Massie Hates Ethanol4:34 Corn Holds Support6:15 Russian Wheat Exports8:58 Mex/US Negotiations10:00 Gold Selloff11:00 Stock Market SelloffMassie's Controversial Comment on Ethanol
Kevin talks about the final 2 days of free registration for the Mid-America Trucking Show. The Conference Board released its Consumer Confidence Index, Kevin doubts the results and offers his insights. Home Depot released its 4th quarter results. American Trucking Associations' chief economist offered an industry outlook recently, Kevin offers his insights.
(AURN News) — Economic challenges continue and American wallets are being hit hard as the Trump administration settles into its second term, with headlines continuing to highlight layoffs and business closures nationwide. What began as Biden's economy has now transitioned to Trump's economy, yet consumer sentiment suggests ongoing difficulties. The Conference Board's Consumer Confidence Index declined 7 points in February, indicating continued economic concerns. The Present Situation Index decreased by 3.4 points, while the Expectations Index dropped more significantly, falling 9.3 points, according to data released by the nonpartisan think tank. Americans between the ages of 35 and 55 showed the steepest decline in confidence, which shows that middle-aged consumers are particularly concerned about the current state of the economy. One positive signal emerged from the report: home purchasing plans are recovering, which The Conference Board attributes to declining mortgage rates. The Consumer Confidence Index is widely regarded as a key indicator of Americans' feelings about the economy and their personal financial situations. Learn more about your ad choices. Visit megaphone.fm/adchoices
Kevin talks about the final 2 days of free registration for the Mid-America Trucking Show. The Conference Board released its Consumer Confidence Index, Kevin doubts the results and offers his insights. Home Depot released its 4th quarter results. American Trucking Associations' chief economist offered an industry outlook recently, Kevin offers his insights.
In this episode of the Trending Report, we'll examine key indicators like the CBOE Volatility Index (VIX) and the Consumer Confidence Index. Your host, Kevin Roskam, emphasizes the importance of maintaining emotional discipline when investing and highlights how risk management strategies can effectively navigate market fluctuations. He also underscores the significance of long-term investment goals and the importance of setting realistic return expectations. The Trending Report is a monthly commentary series that explores topical trends taking place within the current market and economy. It aims to provide clarity and encourage Advisors and Investors as they navigate and make sense of current market conditions. The ongoing battle between short term emotions and the commitment to long term investing is real. This series seeks to help Advisors and Investors focus their energy on long term success. Hosted and published by the investment professionals at USA Financial, each episode offers valuable commentary and analysis into various economic factors and market movements. By tuning in, our host breaks down complex topics into easy-to-understand information. Contact us: Phone (888) 444-0125 https://www.usafinancial.com/ https://www.facebook.com/usafinancial/ https://www.linkedin.com/company/usafinancial1/ Powered by USA Financial #usafinancial #trendingreport #thirdpartymoneymanager #financialadvisor #financialadviser #trackingtheeconomy #formulaicinvesting #smartinvesting #usafinancialtrendingreport
In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, tackles the growing complexity of today's world and its impact on the global economy, investment strategies, and everyday decisions. Drawing comparisons to the simplicity of the 1950s, Darryl examines how technological advancements, trade policies, and consumer behaviors have evolved and how embracing complexity can lead to better financial outcomes. Key highlights of the episode include: The importance of developing tolerance for complexity in a rapidly changing world. How tariffs, global trade, and interconnected supply chains shape economic trends. Insights into the Consumer Confidence Index and what declining numbers signal about the economy. Why diversification remains crucial in managing risk during uncertain times. Opportunities for innovation and strategic investment in a complex global market. Practical advice for overcoming fear and making sound financial decisions in a multifaceted environment. To learn more and explore how PAX Financial Group can help you navigate economic challenges, visit www.PAXFinancialGroup.com. If you found this episode helpful, share it with someone who might benefit! Resources: Opinion: Trump is right on tariffs, here's why Americans Are Less Confident About Where The US Economy Is Headed | The WealthAdvisor
Nosipho Radebe speaks to Koketso Mano, Senior Economist at FNBSee omnystudio.com/listener for privacy information.
Send us a textIn this episode: ongoing strike of the Canada Post workers and its impact on businesses, living wages for BC and Alberta, the The Government of Canada Summer Job grant is now open for application and other topics.Correction to topic 4: The government is proposing that GST/HST be relieved on holiday items from December 14, 2024, to February 15, 2025. The audio has been updated.Follow us on: X @cadHRnews; LinkedIn @ Canada HR News Podcast to get the latest HR updates.Canada Post strike continues and negatively impacts businesses across the country | Canada Post strike: Parcel shortage as talks continue | CTV News Rogers Sports & Media has announced layoffs affecting several dozen employees in the company's radio and podcasting divisions | Rogers Sports & Media lays off dozens of workers in audio business | CBC News The latest Consumer Confidence Index has dropped for the first time in four months | Labour Market Weakness Drains the Consumer Confidence - The Conference Board of Canada Temporary GST/HST tax holidays can confuse and complicate things for small business owners especially during the busy seasons | CFIB statement on temporary GST/HST relief The 2024 living wage for Metro Vancouver is $27.05/hr, in Calgary it is $24.45/hr | BC Living Wage 2024_FINAL.pdfCanada Summer Jobs (CSJ) program, employers can apply for grants to support youth employment | Canada Summer Jobs 2025: Application period for employers begins today and closes December 19, 2024 - Canada.ca
How has inflation changed consumer attitudes and behaviors—and how should marketers respond in this crucial moment? The price of eggs increased 19.1% in July on an annual basis, which is precisely the type of inflation that shocks and worries consumers. What are the opportunities for marketers who can successfully address not only consumers' behaviors but also their attitudes? Join Steve Odland and guest Ivan Pollard, Center Leader, Marketing & Communications, at The Conference Board, to learn about the latest Consumer Confidence Index®, how marketers can entice unhappy consumers to switch, and why brands that market effectively during tough times will create loyal customers for years to come. (00:45) Historical Context of Inflation (01:38) Current Inflation Trends and Consumer Impact (03:31) Consumer Behavior and Income Disparities (05:31) Debunking Price Gouging Myths (06:47) Marketing Strategies During Inflation (09:08) Creating and Communicating Value (18:05) Service Industry Challenges and Opportunities For more from The Conference Board: Consumer Confidence Index® Quantifying Consumer Reactions to Inflation Is Critical to Success Threading the Needle: Fed Offers Something for Everyone
Today we get back to a more typical show, opening with something I brought to you on Monday of this week, but it seems to have taken everyone else some time to catch up. Donald Trump sent out a message about the transcripts proving he ordered troops for safety and security and his orders were not followed on January 6, 2021. We follow that with a shocking drop in the Consumer Confidence Index. It seems many Americans and growing more pessimistic about the economy by the day. The Daily Mail tried to find evidence of Kamala Harris working hard on the committees she was appointed to by then-boyfriend Willie Brown. This goes hand-in-hand with an effort to find any evidence that Harris tried any of her own cases as a DA or AG, including any appeals she may have argued. So far, none can be found. Nancy Pelosi says it isn't as important for Harris to define policy so long as she is relatable to people. In other words, Harris needs to keep lying to pretend she knows what it's like to be in the middle-class. To this end, Senator Chris Coons (D-DE) says Americans just can't remember how bad the economy was four years ago. Stephanie Ruhle of MSNBC decided to host an interview with Harris. We know it was edited and not live, but Harris still managed to give us plenty of fodder to illustrate what a low-IQ politician she is. We end with a bite about the border and the border bill and then remind you about testimony recently given by police over just how bad the Harris-Biden border policy has been. Joe Biden has caused a problem for the Harris campaign. While she, her hubby and everyone else is trying to convince you she has had no authority in the Biden White House, Biden told the view he delegated a lot to her, both in terms of domestic policy and foreign. An FBI whistleblower says the FBI is not capable of fixing itself and is not focused on the imminent dangers facing the country. He suggest all citizens need to vote, learn how to defend themselves and stock up on 3-4 months of food. Finally, we end with a Deep Thoughts by VP Kamala Harris segment, followed by another sound bite that was a close runner-up. Remember, she is being sold as the smartest choice since Joe Biden. Think about that. Take a moment to rate and review the show and then share the episode on social media. You can find me on Facebook, X, Instagram, GETTR and TRUTH Social by searching for The Alan Sanders Show. You can also support the show by visiting my Patreon page!
Consumer sentiment on jobs, income and overall business conditions dropped in September, the latest survey results from The Conference Board Consumer Confidence Index® show. Fewer hours, slower payroll increases and fewer job openings – even amid a relatively healthy labor market – are likely behind falling consumer optimism. Join Alex Heil, Senior Economist, Energy, Infrastructure, and Environment at The Conference Board and Dana M. Peterson, Chief Economist and Leader of the Economy, Strategy & Finance Center at The Conference Board, to find out what impact lower US consumer sentiment could have on the wider economy. (00:33) Understanding the Consumer Confidence Index (01:00) Labor Market Insights (04:12) Consumer Confidence by Age and Income (05:46) Present Situation vs. Expectations (09:03) Consumer Spending Trends (17:36) Global Economic Outlook (19:24) European Economic Challenges (24:19) Interest Rates and Central Bank Policies For more on this topic from The Conference Board: Consumer Confidence Survey Economic Forecast for the US Economy Economy Watch: United States
The U.S. Consumer Confidence Index shows a slight increase despite concerns about the labor market, while Dell exceeds expectations with an 80% surge in AI-driven server sales. On the other hand, an IBM study reveals a decline in confidence in IT departments, and Intel considers splitting its chip design and foundry businesses due to financial struggles.The episode delves into the recent economic sentiment shift highlighted at the Jackson Hole symposium, where central bankers expressed optimism about steady growth and low inflation. Despite concerns about potential risks and high interest rates, the U.S. economy appears solid. The Consumer Confidence Index rose slightly, reflecting Americans' overall outlook despite job market volatility. However, concerns persist about rising prices and a more pessimistic view of future labor conditions.NVIDIA's strong demand for AI-related chips is evident in its earnings report, with revenue doubling to $30 billion. Dell also reports a significant increase in server sales, driven by AI-oriented servers using NVIDIA chips. CrowdStrike, despite facing financial impact from a recent global IT outage, emphasizes customer loyalty. The episode underscores the importance of focusing on business outcomes with AI integration to deliver solutions that benefit the business.The podcast highlights a decline in business leaders' confidence in IT departments, emphasizing the need for technology to deliver competitive advantages. The SAS Disruption Report reveals U.S. tech leaders' concerns about SAS security threats, urging the adoption of a no-data architecture. Additionally, enterprises are increasingly adopting cloud solutions for generative AI and machine learning, despite challenges like talent shortages and integration concerns. Intel's potential breakup and Thread's collaborative service approach are also discussed, showcasing evolving trends in the tech industry. Four things to know today 00:00 U.S. Consumer Confidence Index Rises Slightly Despite Labor Market Concerns and Rising Prices03:58 Dell Surpasses Expectations with 80% Surge in AI-Driven Server Sales, Raises Full-Year Revenue Outlook06:48 IBM Study Reveals Sharp Decline in Confidence in IT Departments, Urges Focus on Business Outcomes and Modernization09:10 Intel Mulls Splitting Chip Design and Foundry Units Amidst Financial Turmoil and Stock Decline Supported by: https://www.coreview.com/msp/https://getthread.com/mspradio/ Pulseway Event: https://www.pulseway.com/v2/land/webinar-nexus-msp?rfid=vendor/?partnerref=vendor All our Sponsors: https://businessof.tech/sponsors/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Support the show on Patreon: https://patreon.com/mspradio/ Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftechBluesky: https://bsky.app/profile/businessoftech.bsky.social
As inflation reaches its lowest level in over three years, the Bank of Canada's (BOC) rate cut predictions are becoming increasingly aggressive. While this might be a relief for mortgage holders, it signals significant economic distress. The BOC may need to cut rates rapidly to prevent a potential global financial crisis (GFC)-level event, but the question remains: will these cuts come fast enough to stabilize the economy?This economic uncertainty is having profound effects on the Vancouver real estate market. August data shows falling prices, a trend that has continued for three consecutive months. With the five-year bond yield dropping to a 17-month low, and fixed mortgage rates expected to decline further, the affordability of Vancouver homes remains a challenge, though slightly more attainable. This is particularly relevant as the fall market approaches with high inventory levels, potentially prompting some buyers to enter the market, sensing a brighter housing landscape than in the past two years.Mortgage holders approaching renewal in the next 24 months might find relief as rates are likely to be lower than when the overnight rate peaked at 5%. The so-called "renewal cliff" may not be as daunting as once feared. Since June 2023, approximately one million mortgages have been obtained or renewed, and many of these could now be renewed at lower rates, a trend that will likely continue as rate cuts are anticipated in the coming months.However, the broader economic outlook remains troubling. Building permits are plummeting, with significant drops in single-family and multi-family permits across Canada, particularly in Ontario and British Columbia. This decline could lead to future housing shortages if sustained, as new home sales have already hit record lows, particularly in Toronto, where sales are 70% below the 10-year average.The mortgage market is also showing signs of strain, with a 15% year-over-year drop in originations in June, though it's too early to determine if this is a trend. The growth rate of new mortgages remains consistent but below the growth in household income, which may keep regulatory bodies like OSFI satisfied. Fixed-rate mortgages remain popular, though variable rates are starting to see an uptick as future rate cuts loom.Consumer sentiment is low, with the Consumer Confidence Index lingering in the 60s, a level typically seen before a recession. Rising insolvencies, both consumer and business, coupled with declining consumer spending, add to the financial uncertainty many are feeling.The rapid population growth driven by immigration is also a contentious issue. The government's recent actions to slow this growth, particularly by restricting low-wage temporary foreign workers (TFWs) and reducing permanent resident targets, reflect the strain on housing, jobs, and public services caused by this influx. This policy shift comes after a period of extreme measures, such as massive overnight rate hikes and a quadrupling of immigration rates, which have contributed to the current economic challenges.Finally, rising building costs, exacerbated by new import tariffs on steel from China, further complicate the housing affordability issue. These tariffs, set to take effect in October, will likely push home prices higher, despite government rhetoric about making housing more affordable. _________________________________ Contact Us To Book Your Private Consultation:
Kevin discusses the Consumer Confidence Index released on Tuesday. Because of a bill signed into law by Gov. Tim Walz, in 2023, Minnesota fuel taxes to jump in 2025 through 2027. A new fuel analysis by the Tax Foundation shows the states with the highest to the lowest diesel and gas TAXES. Estes acquires 7 leased terminals previously operated by bankrupt Yellow Corp. Crude oil prices react to a smaller-than-expected draw on crude stockpiles; China's struggling economy and slowing oil demand; the potential loss of Libyan oil output and escalating fighting between Israel and Hamas and Hezbollah.
Kevin discusses the Consumer Confidence Index released on Tuesday. Because of a bill signed into law by Gov. Tim Walz, in 2023, Minnesota fuel taxes to jump in 2025 through 2027. A new fuel analysis by the Tax Foundation shows the states with the highest to the lowest diesel and gas TAXES. Estes acquires 7 leased terminals previously operated by bankrupt Yellow Corp. Crude oil prices react to a smaller-than-expected draw on crude stockpiles; China's struggling economy and slowing oil demand; the potential loss of Libyan oil output and escalating fighting between Israel and Hamas and Hezbollah.
Learn how consumer sentiment affects the economy and your finances, plus insights on job market trends and inflation impact. How do consumer sentiment indexes work and why should you care about them? What impact do these indexes have on the economy and your personal finances? Hosts Sean Pyles and Anna Helhoski discuss the intricacies of consumer sentiment, highlighting the University of Michigan's Index of Consumer Sentiment and The Conference Board's Consumer Confidence Index. They explain how these reports measure public feelings about the economy and why these sentiments matter in order to help you understand the influence of consumer opinions on economic trends and spending habits. Then, they delve into recent money news headlines, including job market trends and their implications for the economy. By examining the latest employment data, Sean and Anna provide insights into how job growth and unemployment rates influence Federal Reserve decisions and overall economic stability. They also break down the recent movement in GameStop stock following the return of day trader “Roaring Kitty” Keith Gill and explain how your insurance rates could be impacted by your car collecting data on your driving habits. In their conversation, the Nerds discuss: consumer sentiment, economic indicators, job market trends, consumer confidence index, personal finance, inflation impact, recession signs, economic forecasts, financial stability, unemployment rate, Federal Reserve decisions, economic growth, job growth, spending habits, employment data, interest rates, economic stability, financial trends, economic health, stock market trends, meme stocks, financial news, economic conditions, wage growth, business conditions, future economy, inflation rate, economic predictions, financial planning, job market analysis, consumer opinions, economic reports, financial data, job creation, market analysis, and economic insights. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.
Episode Title: Navigating Economic Challenges and Strategic Growth in the Furniture IndustryIntroduction:Welcome to Furniture Industry News, your go-to podcast for the latest developments in the furniture industry.In this episode, we discuss the current economic challenges, sales trends, and strategic growth opportunities shaping the furniture retail landscape in 2023.Key Topics Covered:Sales Challenges for Top 100 Furniture Retailers:Overview of the significant sales decline among the top 100 furniture retailers in 2023.Impact of high consumer inflation, elevated interest rates, and a sluggish housing market.Notable exceptions with positive growth: Crate & Barrel, Lovesac, Ikea, Arhaus, Clive Daniel Home, and Conn's.Introduction of new retailers in the Top 100 list: Canales Furniture, The Furniture Warehouse/Richmond Sales, Kittle's Furniture, and Talsma Furniture.Consumer Confidence Index Update:Recent uptick in the Consumer Confidence Index, rising to 102.0 in May from 97.5 in April.Analysis of the Expectations Index and Present Situation Index.Insights into consumer perceptions of business conditions and job market outlook.Insights from the International Council of Shopping Centers Convention:Discussion on the shortage of desirable retail space and its impact on the industry.Anticipated support for consumer spending due to higher wages in 2024.Shifts in retail leasing demand, with growth in food services, discount retailers, fitness centers, grocery stores, and healthcare facilities.Resurgence of Mergers and Acquisitions:Trends driving the increase in mergers and acquisitions in the home furnishings industry.Examples of strategic vertical integrations, such as Tempur Sealy's bid for Mattress Firm and Ashley's acquisition of Resident.Importance of preparation and strategic planning for companies considering mergers or acquisitions.Extension of Tariff Exclusions on Chinese Textiles:Extension of tariff exclusions for several categories of home textiles until May 31, 2025.Products benefiting from the extension and its implications for manufacturers and retailers.Underutilization of Outdoor Living Spaces:Findings from the International Casual Furnishings Association report on outdoor space utilization.Consumer interest in upgrading outdoor living areas with furniture, lighting, and accent pieces.Emerging trends such as outdoor kitchens and eco-conscious designs.Performance of Bedroom Furniture:Challenges faced by the bedroom furniture category in the current economic climate.Strategies adopted by manufacturers to add value and maintain market share.Forecasted trends and demand for multifunctional and customizable bedroom furniture.Ethan Allen's Expansion in New Jersey:Announcement of Ethan Allen's new showroom in Watchung, NJ, marking its seventh store in the state.Overview of Ethan Allen's strategic growth and its standing in the industry.Conclusion:Recap of the episode's key discussions on sales challenges, consumer confidence, retail space, mergers and acquisitions, tariff extensions, outdoor living spaces, bedroom furniture, and Ethan Allen's expansion.Stay informed and ahead of the curve by subscribing to Furniture Industry News.Thank you for listening and join us in the next episode for more in-depth coverage and insights.
The latest Consumer Confidence Index® indicates that overall confidence has improved after three consecutive months of decline, but consumers' feelings may be more mixed than positive. Join Erik Lundh and guest Dana Peterson, Chief Economist and Leader of the Economy, Strategy & Finance Center, to find out what's affecting US consumer attitudes and spending—and how they fit into the bigger picture of economic growth around the world.
For the third straight month, the Consumer Confidence Index® has fallen, but while consumers mention the ongoing headache of elevated food and energy prices, they're not expecting a recession. Can the US meet its projected GDP growth for the year in an uncertain economic and geopolitical environment? Join Senior Economist Erin McLaughlin and guest Dana Peterson, Chief Economist and Leader of the Economy, Strategy & Finance Center, to find out how reduced spending on big-ticket items, ongoing tensions in the Middle East, and bird flu are affecting the global economy.
The Consumer Confidence Index® reached 104.7 in March, an indication that confidence is holding steady, but although perceptions of current economic conditions are brighter, anxiety about the future is rising. Join Stephanie Guichard and guest Dana Peterson, Chief Economist and Leader of the Economy, Strategy & Finance Center, to find out what's affecting US consumer attitudes and spending—and how this fits into the bigger picture of slower economic growth around the world.
The Consumer Confidence Index took a knock in February, dropping two points to -21, with all but one of the measures that make up the topline score down. Our expert Neil Bellamy explains what's happened and why the Personal Financial Situation metric remained at zero. In our regular feature, Data Guru Corner, he looks back over 50 years of data to evaluate how long it takes consumer sentiment to recover from a slump, and what this might suggest for a recovery this election year.
Stay up to date on news related to the furniture industry! In this episode, we cover:(00:00): Intro(00:39): Navigating Uncertainty: The State of the Residential Furniture Industry(02:36): "Consumer Confidence Index on the Rise: Positive Outlook for Holiday Spending"(05:10): Strengthening Supply Chains: A Whole-of-Commerce Approach to Resilience and Economic Competitiveness(07:28): "Ikea U.S. Celebrates Outstanding Sales Performance with Price Cuts and Bonuses for Co-workers"(09:25): Navigating Challenges: La-Z-Boy's Q2 Performance and Future Growth Outlook(11:58): Outro
Stay up to date on news related to the furniture industry! In this episode, we cover:(00:00): Intro(00:33): "Consumer Confidence Rises in November: Impact on Holiday Spending and Concerns about Big-Ticket Purchases"(03:17): "Strong Online Spending: Analysis of Black Friday and Cyber Monday Sales"(04:57): "Marcus Lemonis Takes on New Role at Bed Bath and Beyond: Co-Chairman and Beyond"(06:24): Remembering the Legacy of Charlie Munger: Warren Buffett's Right-Hand Man and Trusted Advisor(08:41): Outro
The Consumer Confidence Index bounced back in November after three straight monthly declines as consumers' expectations – and spending – continue to improve. Still, predictions for slower economic growth and outright recession in 2024 abound. What does it all mean for the global economy? In this episode of CEO Perspectives, Dana Peterson, the Chief Economist and Leader of the Economy, Strategy & Finance Center at The Conference Board, joins President and CEO Steve Odland to discuss the latest Consumer Confidence Index and what it portends for 2024. Tune in to find out: · What big change did we see in the latest Consumer Confidence Index? · Consumer spending is up, but much of it is on credit. What does this portend for the economy? · How much more can consumer spending expand? · How will the global economy grow in 2024? Will we see a recession next year? · What potential black or grey swans could we see in 2024? For more Trusted Insights for What's Ahead: · Read: The Consumer Confidence Index for November 2023
The Conference Board announced that the Consumer Confidence Index® fell this month, erasing back-to-back increases in June and July. In this episode of CEO Perspectives, Steve Odland, The Conference Board President and CEO, and Dana Peterson, Chief Economist at The Conference Board, sit down to discuss what this means for the labor market, inflation and wider US economy. Tune in to find out: · How are consumers feeling about inflation and the job market in August? · What is consumer sentiment around the stock market? · How are consumers' balance sheets doing, specifically their savings? · To what extent are CEOs currently expecting a recession? · What can we expect for global growth later this year and into next year? For more Trusted Insights for What's Ahead: · Read the August Consumer Confidence Index · Access the latest insights on Navigating the Economic Storm
Panic over the potential NASDAQ 100 rebalance and here is what happened. Following up on the multi-billion dollar lose by Goldman - AppleCard a bust? The Fed and other important market moving events on the top of out list this week. Announcing a new Closest to The Pin! PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - Another big deal - panic ended up a nothingburger - Summer Travel upended as wildfires heat up Europe - Biden-omics, this is a thing? - AI - coders going to be goners Market Update - Mega-Cap Tech earnings - Fed meeting this week - odds favor a hike - Bull run continues - Media all abuzz about the DJIA run - most consecutive up days since 2017 - P/E ration on SP500 now at 19.6 (forward) with a negative or zero growth rate Consumer Confidence - The Conference Board's Consumer Confidence Index jumped to 117.0 in July (Briefing.com consensus 111.5) from an upwardly revised 110.1 (from 109.7) in June. - In the same period a year ago, the index stood at 95.3. - The July reading marks the highest level for the Consumer Confidence Index since July 2021. - Big jump in UMich last week as well ---- FED HAS TO BE CONCERNED WITH THIS Consumer Confidence Fear/Greed - Extreme Greed Fear/Greed Index Fear/Greed History Microsoft Earnings - Good overall , guides soft for Sept quarter, shares drop 4% AH Google Earnings - AI big driver, good advert numbers, they like what they see - shares jump 6% AH Interesting - All of a Sudden - News that AT&T and Verizon may have lead cable problem --- Raymond James analysts wrote in a note that they estimate AT&T could spend between $264 million and $1.2 billion to remove lead-covered cables. If the company is required to remove all the lead-clad cables, it could cost AT&T roughly $84 million a year in a 15 to 25-year process, the analysts wrote. - Pratt & Whitney determined that a rare condition in powder metal used to manufacture certain engine parts will require accelerated fleet inspection (RTX down 15% on news as they premise to compensate airlines for the disruption) --- Powdered metal had a containment in it and the company started inspecting. ----- There is a concern that fleet needs to be inspected more rapidly. -------- The company expects to inspect another 1000 units next year and expects a very small fallout rate. - This will cause distribution to the airlines. -------------- Decliners: ULCC -5.79% LUV -5.60% JBLU -5.39% HA -5.42% UAL -3.96% DAL -3.14% AAL -2.87% SAVE -2.24 Greece Tourism - Fires burning since Wednesday on Rhodes forced the evacuation of 19,000 people over the weekend as an inferno reached coastal resorts on the island's southeastern coast. - Rhodes and Corfu are among Greece's top destinations for tourists mainly from Britain and Germany. - Tour operators Jet2, TUI and Corendon cancelled flights leaving for Rhodes. Britain's easyJet said on Sunday it was operating two repatriation flights on Monday from Rhodes to London's Gatwick airport in addition to the nine flights already operating between the island and Gatwick. - - AND: The heatwave engulfing the northern hemisphere is set to intensify this week, causing overnight temperatures to surge and leading to an increased risk of heart attacks and deaths, the World Meteorological Organization said on Tuesday. - - - - The WMO warned that the heatwave was in its early phases, saying it expected temperatures in North America, Asia, North Africa and the Mediterranean to be above 40 Celsius (104 Fahrenheit) "for a prolonged number of days this week as the heatwave intensifies". Special Rebalance on Monday - Not as much volatility on the Mega=cap names with the NAS...
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Welcome to Wednesday as we fire up the welcome wagon for the new Chevy Bolt. We also talk about the rise in consumer confidence, as well as the forming efforts to police AI. Show Notes with links:After announcing that the Chevy Bolt would be discontinued back in April, General Motors has surprised the industry with plans for a next-generation Bolt. The new model will utilize GM's Ultium battery platform, heralding a promising future for the company's electric vehicle line-up.Yesterday, CEO, Mary Barra touted the success of the Bolt saying, "Our customers love today's Bolt. It has been delivering record sales and some of the highest customer satisfaction and loyalty scores in the industry. It's also an important source of conquest sales for the company and for Chevrolet.She also announced that the new Bolt would be produced on an accelerated timeline and that the speed and financial efficiency of producing a new Bolt as opposed to and all-new program would be greatThis is a very capital-efficient, quick way to build on the strong consumer response we have to the Bolt and get an affordable vehicle out into the marketplace," Barra said. "Frankly, I'm super excited about it.A job market that is continuing to stay strong and slowing inflation are contributing to the highest consumer confidence in over 2 years.The Conference Board's Consumer Confidence Index for July hit 117, the highest level in two years, according to new data released Tuesday morning.Just 9.7% of the respondents to the Conference Board's survey said jobs were 'hard to get,' lower than 12.6% in June."The data today continue to show that the Fed's job is very tough," Jefferies US economist Thomas Simons wrote Tuesday. He added, "There are storm clouds on the horizon, but until the consumer sees a material decline in labor market conditions it seems that they are going to remain optimistic."Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
The Conference Board announced that the Consumer Confidence Index® increased this month to the highest level in two years. In this episode of CEO Perspectives, The Conference Board President and CEO Steve Odland and Dana Peterson, Chief Economist at The Conference Board, sit down to discuss what this means for the US economy. Tune in to find out: How were consumers feeling in July? Are they still signaling a recession? What do we need to achieve a soft landing? What is likely to affect consumer spending in the months ahead? What can we expect for US GDP later this year and into next year? How many more rate hikes can we expect from the Fed? How are the rest of the world's economies?
No Recession in Sight & Distorted Leading Economic Indicators The Money Wise guys are back for another week of Wall Street news, witty banter, and investor education! They begin the show with a review of last week's numbers. The Dow was up 2.3%, the S&P 500 was up 2.4%, and the NASDAQ was up 3.3%. YTD the Dow is up 4.1%, the S&P 500 is up 17.3%, and the NASDAQ is up an astounding 34.8%. The markets are still chugging along, full of potential, surpassing the 2023 predictions of all the Money Wise Guys thus far. The question remains: Why? With so many negating leading economic indicators, we should be nearing a recession. However, there is no recession in sight. The guys discuss whether the pandemic distorted these indicators, such as the inverted yield curve we've been experiencing, to the point that the data is no longer reliable. Understanding Leading Economic Indicators What is the relevance of leading economic indicators? Which specific data do we consider leading economic indicators? In general, economic indicators are data used to forecast future economic activity. Historically, things like the Consumer Confidence Index, the Purchasing Managers' Index, and initial jobless claims have been considered leading economic indicators. As the Money Wise guys point out in this episode, however, that could be changing. In the second hour, the Money Wise guys share their ongoing concerns about Equity Indexed Annuities. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
The Conference Board announced that the Consumer Confidence Index® increased substantially in June. In this episode of CEO Perspectives, Erin McLaughlin, Senior Economist at The Conference Board, and Dana Peterson, Chief Economist at The Conference Board, sit down to discuss what this means for the US economy. Tune in to find out: How were consumers feeling in June? Are they still signaling recession? When is it expected to begin? Why did the Fed pause raising interest rates and what can we expect in the future? How might the end of the pause on student loans affect consumer spending? What challenges are facing the European and Chinese economies? How have rising interest rates affected bank lending and business spending?
Russell Stone discussed the current state of the economy with Kerry Lutz on the Financial Survival Network. He believes that the Consumer Confidence Index is a hiccup and that the market is trending down due to the decrease in used car prices, real estate prices, and unemployment. He suggests that people should have a base of their portfolio in precious metals and money market accounts that only buy T-bills. He believes that the US government is in trouble due to its debt and unfunded liabilities and that the day of reckoning is coming. He suggests that people should pull out unnecessary money from the market, buy low and high, and pay off debt. He believes that the deflationary cycle is underway and that the government will have to write off some debt in order to get the economy going.
The Conference Board announced that the Consumer Confidence Index® decreased in April. In this episode of CEO Perspectives, The Conference Board President and CEO Steve Odland and Dana Peterson, Chief Economist at The Conference Board, sit down to discuss what this means for the US economy. Tune in to find out: How were consumers feeling in April? Are they still signaling recession? When is it expected to begin? Do consumers believe inflation is getting better or worse? What will help cool it? Why is China going to be the biggest driver of growth this year? What are central banks doing about stagflation? What can we expect from the Fed next week?
The Conference Board announced that the Consumer Confidence Index® increased slightly in March. In this episode of CEO Perspectives, The Conference Board President and CEO Steve Odland and Dana Peterson, Chief Economist at The Conference Board, sit down to discuss what this means for the US economy. Tune in to find out: How do the current outlook and expectations differ? What effect is inflation having on consumer confidence? What is the core driver of US inflation? How many more interest rate hikes can we expect? What will drive economic improvement in China? In which European economies can we expect a recession? Is the banking crisis ending or are there still issues left in the banking sector?
Mamello Matikinca-Ngwenya, FNB Chief Economist looked at the factors that plunged SA's Consumer Confidence Index in Q1 of 2023. Anton Ressel, strategic head for SME Support at Fetola discussed what it takes to be an entrepreneur. And why the “struggling entrepreneur” rhetoric is flawed. Then in our personal finance feature, Warren Ingram, personal financial advisor and executive director at Galileo Capital explained how the wealthy people in the world invest - and how they manage their money. See omnystudio.com/listener for privacy information.
#AvoidForeclosure #HomeOwnership #homevalues Let's Discuss the ways to Avoid Foreclosure VS. trying to spread fear about a fake real estate crash thats supposed to take place this year...FORECLOSUREGuest:Tony Martinez | Realtor | Remax North Host: Mark Jones - NMLS 513437 | Founder of ReviewMyMortgage.com | President iTHINK MORTGAGE Sr. Loan Officer - The right way to educate & the wrong way to educate about it. - Spreads Fear and Lowers CCI. (Consumer Confidence Index) - https://data.oecd.org/leadind/consumer-confidence-index-cci.htm - How Long Does it Take to Foreclose in Texas? * In most cases involving a home loan, federal regulations state the foreclosure action cannot begin until the loan is over 120 days delinquent. WHY FORECLOSURE IS A BAD IDEA* Credit History * Ability to Purchase Again * Creates Additional Hurdles and Waiting Periods* Most Of All - LOSE OF EQUITY SHORT SALES IS BETTER THAN FORECLOSURE … “only if they are upside down on their LTV” MJ - But is it? * Definition : * Both short sales and foreclosures can get homeowners out of paying for their mortgages. Short sales are voluntary actions by the homeowner; they require approval from the lender. Foreclosures are involuntary for the homeowner; the lender takes legal action to take control of and sell the property. * Financial Impact : * In the end, short sales are almost always damaging to your credit, but they do less harm than foreclosures or bankruptcies. A short sale might block you from a mortgage on a new home for two years or so, but a foreclosure or bankruptcy could keep you out of the market for as long as seven to 10 years.May 9, 2022Texas Doesn't Have Many Short Sales : * Situation of Potential Short Sale * VA Loan due to Funding Fees * USDA Loan 100% Financing * Bond Loans with Silent 2nd Waiting Periods after Short Sale? Waiting Periods after Foreclosure? WORKING WITH YOUR MORTGAGE SERVICER TO SAVE YOUR HOME- Because of Programs that are now allowing for Extended Forbearance.- Intermittent Payment Deferral - Loan Modification https://www.attomdata.com/news/market-trends/foreclosures/attom-september-and-q3-2022-u-s-foreclosure-market-report/Only for educational usage. All calculations should be verified independently. Reviewmymortgage.com is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This is not an offer to lend and should not be used to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, nor real estate advice. For All Mortgage Lending Needs Please Visit iTHINKMortgage.comRead the full disclaimer here https://ithinkmortgage.com/disclaimer/Closing Cost,Proof of Funds Fun Trivia,Credit Score,Credit Events,Credit Events: Public Filings,Today's Average Rates, where to look, Mortgage Insurance, Property Requirements, House Hacking, Property Condition, Appraisal, Loan Limits, Income and Employment, Affordability - Debt-to-income, Max Purchase Price Calculator, Student Loans, Manual Underwriting, Seller Credits, Special Requirements / Features, Refinancing,Success Rate & Seller Perception,
The latest Consumer Confidence Index paints a bleak picture of the economy at large. How does that affect DTC, ROAS, and forecasting for Q4? “It's going to take more marketing resources to sell products. The practical output of that is less efficient advertising. You have to do more to get less action.” Show Notes: - Try Freshmarketer: https://bit.ly/3S5wXcH - Taylor's tweet on CCI vs. MER: https://bit.ly/3fEosaB - Taylor's Black Friday strategy article: https://bit.ly/3RDwspU