FOMC Preview
Expectations are there will be no change to rate policy when the FOMC meets on Tuesday and Wednesday this week.Here are some comments from Goldman Sachs economists:"The January FOMC meeting...
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Stocks in Play: Hut 8 Mining Corp.
Friday, January 22, 202110:28 AM EST - Hut 8 Mining Corp. : Has finalized an equipment financing loan of $11.8 million U.S. from Rochester -based Foundry Digital LLC, a wholly-owned...
by Baystreet.ca
Hotels: Occupancy Rate Declined 31.8% Year-over-year
From CoStar: US Hotel Occupancy Exceeds 40% During Week of Jan. 16U.S. weekly hotel occupancy climbed back to the 40% mark, according to STR‘s latest data through 16 January.10-16 January...
Baker Hughes up Marginally on Q4, Full Year Figures
Baker Hughes Company (NYSE: BKR) shares were fairly flat Thursday, on announcing results today for the fourth quarter and full year 2020. The company revealed orders of $5.2 billion for...
by Baystreet.ca
Bad intentions are not enough
Do we judge a president on what they try to do, or the results? In 2019, Trumpistas sidestepped the bad intentions with claims that “results are all that matters”. Today...
NAHB: Builder Confidence Decreased to 83 in January
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 83, down from 86 in December. Any number above 50 indicates that more builders view...
MBA Survey: “Share of Mortgage Loans in Forbearance Decreases to 5.37%”
Note: This is as of January 10th.From the MBA: Share of Mortgage Loans in Forbearance Decreases to 5.37%The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that...
A Positive Note from Merrill: “A light at the end of the...
Here is a positive outlook on the 2021 economy. A few brief excerpts from a research note by Merrill Lynch Global Economist Ethan Harris: A light at the end of the...
This post is not about China
China reports its RGDP growth rates in several ways. There is quarterly data, which is reported in “year-over-year” terms. In contrast, the US reports quarterly growth rates over the previous...
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