They just never want to retire! For business owners, it can be difficult and certainly understandable — losing the prestige of owning a business, control over their own destiny, caring for and respect from their employees. But by delaying the inevitable, there are too many stories of lost opportunity, lost… Read More »Tip #041 Football Players and Business Owners have in common?”
According to BLS (https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category.htm?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axioscloser&stream=top) data alot of items are above the 8.5% inflation rate. Some hopefully are transitory, like used cars and truck, gasoline, others may not be.
As auto manufactures are cranking up their factories, previously owned vehicles are beginning to drop. Not to mention Tesla have started production at the Austin facility. High used car prices are a post-COVID fact of life — but a key data point offers some hope, Matt writes. Why it matters:… Read More »Previously Owned Vehicle Prices Are Settling Down
By the looks of it people expect inflation to settle down in a couple of years. U.S. consumers’ inflation expectations over the next year hit a new high last month, rising to 6.6% in March, Axios’ Pete Gannon writes. By the numbers: The median expectation for inflation three years from… Read More »Inflation Projections
Economist Steven Chiavarone states that a whopping 40% of the world’s palladium comes from western Russia, near its border with Ukraine. No palladium, no catalytic converters. No catalytic converters, no cars. Additionally, Russia is a top producer of nickel…a key ingredient in steel and electric car batteries. Experts can’t predict… Read More »Palladium: Russia, Ukraine, and You?
With mortgage rates inching up and turmoil in the markets the Corporate Debt rates are heading higher. Rapidly rising rates aren’t just affecting regular folks who want a mortgage — they’re rippling through the corporate debt market too, Axios’ Kate Marino writes. Why it matters: The speed and volatility at… Read More »Corporate Debt Market
Home sales are declining and this could be bad indicator for the busy spring season as we are facing economic uncertainty and rising interest rates Homebuying trends are reversing course amid higher mortgage rates and continued growth in home prices, Hope reports. Catch up quick: Pending home sales last month… Read More »Home Sales Are Declining
UConn’s Paige Bueckers and Louisville’s Hailey Van Lith have the highest social media earning potential among Sweet 16 players, Axios Sports editor Kendall Baker reports, using exclusive data from Opendorse. The big picture: This is the first March Madness of the Name, Image, and Likeness era, meaning athletes can monetize their fame during one… Read More »Women Rule March Madness Social Media
The Russian Ruble has taken a dive recently, however Russia has taken steps to stabilize it by requering nations that purchase energy to use the Ruble as currency. Russia’s ruble has rebounded sharply in recent weeks, as officials cobbled together an unorthodox defense of the currency, Matt writes. Driving the… Read More »Ruble Exchange Rate
Private Equity is busier than ever, this could be an indication of there are not better place to put your money. Private equity fundraising hit all-time records in 2021 and, at year-end, institutional investors appeared to have plenty of dry powder for 2022, per the above chart provided by McKinsey &… Read More »Private Equity Fundraising Hit All-time Records