In a speech on Thursday, Kansas City Fed President Jeff Schmid cautioned against drawing premature conclusions from this week’s softer-than-expected June CPI report, arguing that inflation remains too high and price pressures continue to be Read more…
Key Highlights USD/JPY started a fresh increase above 162.00 and 162.20. A major bullish trend line is forming with support at 161.90 on the 4-hour chart. EUR/USD again failed to gain strength for a move Read more…
With the war in the Middle East pushing oil prices sharply, consumer price inflation is set to rise to a two-year high. We estimate that New Zealand consumer prices rose by 1.5% in the June Read more…
Key insights from the week that was. The Westpac–MI Consumer Sentiment Index rose 4.1% in July; but at 83.9, the index is still in the bottom decile of historical outcomes, pointing to deep pessimism. Lower Read more…
Anyone who has booked a flight lately knows fares are not cheap. The airlines’ pricing data pattern over the last few months is unmistakable. Oil goes up, fuel costs surge, and airlines pass the pain Read more…
Disney is quietly considering offering a new free streaming option in response to shifting consumer behavior. The company, which owns streaming services Disney+, Hulu, and ESPN, recently saw revenue increase across all three platforms after Read more…
Every disruptor sells the same promise. Pay less, get more, and watch the incumbents squirm. It is a thrilling pitch, and for a while it even works, because a hungry challenger will eat margin the Read more…
Social Security recipients could see one of their largest benefit increases in years when the 2027 cost-of-living adjustment takes effect next January. The latest projections from independent analyst Mary Johnson and The Senior Citizens League Read more…
Cathie Wood, CEO of Ark Investment Management, is known for buying high-growth stocks soon after they go public, especially when share prices pull back after an early rally. That’s exactly what she’s doing with SpaceX Read more…