Know The Difference Minute

Official Q1 GDP worse than we thought 29.06.2022 0:58 ↓

GDP shrank by 1.6% on an annualized basis in Q1, higher than April’s initial report.

What is a 'Returnless' return? 28.06.2022 0:59 ↓

Each dollar in returned merchandise costs a retailer between 15 cents to 30 cents to handle.

The trouble with tobacco 23.06.2022 1:01 ↓

The Biden administration has floated a 2023 rule change that would establish a maximum nicotine level in cigarettes in an attempt to make them less addictive.

What's behind the EV price jump? 22.06.2022 1:03 ↓

The average value of raw materials for EV’s is up 144% from 2-years ago.

Home sales. Off slightly. What's that mean? 21.06.2022 1:02 ↓

Sales of existing homes in dropped 3.4% in May according to the National Association of Realtors, the weakest reading since June 2020.

A "normal" housing market by July? 16.06.2022 0:59 ↓

More than 25% of homes currently on the market have cut their prices. But that’s not unusual.

The Fed steps it up 15.06.2022 0:58 ↓

The 75 basis point increase in the short-term lending rate is the largest since August 1994.

No relief from PPI. Next up, tomorrow's Fed decision 14.06.2022 1:01 ↓

The plan was for half-point jumps in June and July as long as data came in as expected. That is no longer the case.

The Wealth Effect meets inflation 09.06.2022 1:00 ↓

Higher interest rates weigh on stock prices. It’s a backdoor way of reducing people’s income via the Wealth Effect.

Is the recession clock ticking? 08.06.2022 0:53 ↓

1st quarter GDP was -1.3%. So the focus is on THIS quarter.

Target misses the bullseye 07.06.2022 0:57 ↓

Their $15 billion of inventory is 43% higher than a year-ago. Much of it was late to arrive because of supply chain issues.

So many jobs. Not enough hires. 02.06.2022 1:02 ↓

Today’s ADP report showed only 128,000 jobs were filled—far off the prediction of 300,000.

A summer bummer for fliers? 01.06.2022 1:00 ↓

This past weekend, nearly 3% of domestic airline flights were cancelled--more than the previous three Memorial Days combined.

Is the housing market taking a turn? 31.05.2022 1:00 ↓

The reality is mortgage rates are rising. That impacts affordability and could cool demand.

The Consumer To The Rescue? 26.05.2022 1:04 ↓

Despite strong consumer spending, the Commerce Department reported today that the US economy contracted by 1.5% in first quarter 2022.

What's a 'Boomerang' Employee? 25.05.2022 1:02 ↓

21% of employees surveyed had taken a new job in the last year but 40% are ALREADY looking for something else.

Gasoline prices UP. Hold my beer, says Diesel. 24.05.2022 0:55 ↓

If Gasoline is bad, it’s way worse with Diesel. US average is $5.71.

Home sales slowing? For some. 19.05.2022 1:01 ↓

April sales of previously owned homes fell to the lowest pace since Covid began, down almost 6% from a year ago.

CEO Confidence. 18.05.2022 1:00 ↓

Only 11% anticipate a hard landing marked by a deep recession. The rest expect a very short, mild recession.

Home Depot. Walmart. A tale of two retailers. 17.05.2022 1:00 ↓

Even with 8.3% inflation, the American consumer keeps spending. Today’s Commerce Department reports showed April monthly sales up .9%/

Turbulence for airlines 12.05.2022 1:02 ↓

Bookings for US airlines dropped 17% last month as it gets more expensive to fly.

CPI down. But barely. 11.05.2022 1:01 ↓

Even down slightly from March’s 8.5, there isn’t much evidence that inflation has peaked.

The Great American Road Trip 10.05.2022 0:58 ↓

In a AAA survey, 42% said they wouldn't consider changing their travel plans regardless of what it costs to fill up.

Rough day on the Street 05.05.2022 0:59 ↓

The roller coaster continues. But there is some good news....

The elusive soft landing 04.05.2022 1:02 ↓

Will a 50 basis point hike slow down consumer demand and cool off red-hot inflation?