Markets US markets are closed for Memorial Day today, putting the spotlight on first national inflation figures from several EMU countries in May. The monthly inflation dynamic accelerated again in Spain (0.7% M/M), Belgium (0.77% M/M) and Germany (1.1% M/M), resulting in fresh multidecade peak levels for Belgium (8.97% Y/Y) and Germany (8.7% Y/Y). The […]
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During the COVID-19 lockdowns, renters and buyers benefited from an uncertain housing market. Mortgage rates were at historic lows for buyers, and landlords slashed rents considerably to entice renters to renew leases and draw in Read more…
Nordstrom, the luxury fashion retailer, was once owned by its founding family with the same name. However, like most former family-owned companies, the Nordstrom family had to sell most of the company’s ownership to keep Read more…
