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Consumer Forecast 2023-2024: Growth Now, Recession Later
Article By: Bill Conerly
Tuesday, February 14, 2023 9:13 AM EDT
By 2024, consumers will have less money to spend from current earnings and no excess savings left over, so expect a harsh downturn in discretionary expenditures.
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DeSantis Outlaws ESG In Florida Investments, Procurement
Article By: ESG Today
Tuesday, February 14, 2023 8:24 AM EDT
Fund managers for state and local entities in Florida will be prohibited from considering ESG factors in any investment decisions, according to new legislation proposed on Monday by Florida Governor Ron DeSantis.
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The Commodities Feed: Russian Supply Cut
Article By: ING Economics
Monday, February 13, 2023 6:04 AM EDT
At the end of last week, Russia announced that it would cut oil supply by 500Mbbls/d from next month. This does not change our view on the market, as we had already assumed that Russian supply would edge lower following the EU ban on Russian oil.
In this article: BNO, CORN, JJC (RETIRED), JJU (RETIRED), JO (RETIRED)
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Is Humanity Losing Something Due To Digitality?
Article By: Chris Skinner
Monday, February 13, 2023 5:28 AM EDT
A long time ago – so long ago that most people reading this weren’t born or had just started school – I said to my boss that cash machines were dead. At the time, I worked for NCR which stands for National Cash Registers, the cash machine company.
In this article: NCR
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The Pragmatic Energy Transition
Article By: Simon Lack
Sunday, February 12, 2023 8:00 AM EDT
If you accept that solar and wind are better for the environment, they are certainly not more efficient. They are much less energy dense which means they require more land.
In this article: DUK, ENB, XOM, DTM
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Can You Really Capture Pollution And Who Is Responsible?
Article By: AllAboutAlpha
Sunday, February 12, 2023 5:40 AM EDT
Pollution is a by-product of economic activity and while there is consensus that there needs to be a check, who does what is often a debatable point.
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2023 YTD Percentage Returns Of 5 Largest U.S. Stocks - Saturday, Feb.11
Article By: David Kass
Sunday, February 12, 2023 4:33 AM EDT
The total market capitalization of the 5 largest U.S. companies equals around $7.26 trillion. Let's take a look at the numbers.
In this article: DIA, NDX, SPX
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Week In Review: CANbridge In-Licenses Gene Therapy For Rare Disease From UMass
Article By: ChinaBio® Today
Saturday, February 11, 2023 3:20 PM EDT
CANbridge Pharma exercised an option for global rights to a novel second-gen gene therapy from UMass Chan medical school. Additionally, Zhimeng Biopharma signed an agreement to out-license global rights for its TLR8 agonist to GlaxoSmithKline.
In this article: GSK, PHASQ, KNTPF
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Corporate America Splurges On Super Bowl Ads Despite Recession Threat
Article By: Tyler Durden
Saturday, February 11, 2023 6:30 AM EDT
The threat of recession? Corporate America doesn't care. They want to reach consumers regardless of cost.
In this article: FOXA
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The Economics Tavern For Business Leaders Focusing On Profit Drivers
Article By: Bill Conerly
Saturday, February 11, 2023 4:14 AM EDT
Business leaders must understand the economic issues driving their companies’ profits. The concept of an economics tavern can help to tune in to what’s important while filtering out random noise.
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SEC To Examine Investment Advisors, Funds On ESG Investing Practices
Article By: ESG Today
Wednesday, February 8, 2023 6:44 AM EDT
The U.S. Securities and Exchange Commission (SEC) announced that ESG investing will be a priority area of focus for its Division of Examinations in 2023, guiding its monitoring and focused examinations of market participants.
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WTI Crude Oil Forecast: Bulls Facing Strong Resistance At $80
Article By: Christopher Lewis
Wednesday, February 8, 2023 5:34 AM EDT
The global economy seems to be slowing down and that will continue to keep downward pressure on the value of oil, as less demand will be needed by economies that are not moving as quickly.
In this article: BNO, OIL
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Sam Bankman-Fried May Now Contact FTX Employees — But There’s A Catch
Article By: Crypto Adventure
Wednesday, February 8, 2023 5:03 AM EDT
Lawyers for FTX’s disgraced former boss, Sam Bankman-Fried, have reached an agreement with prosecutors allowing him to contact certain FTX employees. Besides certain restrictions the 30-year-old may contact such parties through a host of new mediums.
In this article: FTT-X
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The Commodities Feed: Ceyhan Flows Ordered To Restart
Article By: ING Economics
Wednesday, February 8, 2023 4:47 AM EDT
The oil market rallied yesterday partly driven by supply concerns related to the halting of operations at the Ceyhan export terminal. However, these worries should subside with Turkey ordering the restart of flows to the terminal.
In this article: BNO, SOYB, JJN
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Republicans Launch Group To ‘Combat Threat’ Of ESG, ‘Rein In’ SEC
Article By: ESG Today
Monday, February 6, 2023 5:33 AM EDT
Republicans in the U.S. Congress have launched a new ESG Working Group, aimed at coordinating the party’s approach to ESG proposals, and signaling particular focus on the upcoming climate disclosure rules anticipated by the SEC this spring.
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Public Storage Proposes To Acquire Life Storage
Article By: The Fly
Monday, February 6, 2023 5:00 AM EDT
Under the terms of the proposal letter, holders of Life Storage shares and units would receive 0.4192 shares of Public Storage common stock for each Life Storage share or unit they own.
In this article: LSI, PSA
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