Know The Difference Minute

Some say it’s about setting boundaries to create work/life balance while others claim it’s a slippery slope of professional coasting.

Closed sales has fallen for 8 of the last 9 months, but the smaller June to July drop could be a sign that housing is at or near the bottom of the recent decline.

The Biden administration might be close to announcing a plan to forgive—basically cancel--up to $10,000 in student debt

NCAA D1's oldest conference has added schools on both coasts - and now, has a $7B payday.

Many analysts have wondered what sort of rally the markets have been experiencing.

Walmart beat Q2 expectations and is sticking with its optimistic predictions for year-end 2022, as more middle- and high- income shoppers seek bargains.

Existing home prices hit a record. Meanwhile, tougher times for builders.

The 8.5% year-over-year rise came in under the estimate and down from last month’s 9.1% gain.

To qualify, the EV’s battery must be built in North America. 50 of the 72 electric, hydrogen or plug-in models sold in the US don’t meet the requirements.

Let’s just say, it’s cloudy.

Their electric line now makes up almost 11% of all US EV’s.

Layoffs and talk about downsizing are increasing.

The US economy shrank by 0.9% in the second quarter. The 1.6% drop in the first quarter translates to back-to-back negative quarters. But is that a recession?

With inflation running rampant and a probable dud of a GDP report inbound, speculation about a 1% interest rate hike grew daily. Turns out, it wasn’t going to happen.

VW's ID.4 has a $36,000 base price and a plant in Tennessee cranking out 7000 a month.

In order to invest more in EV projects, up to 8,000 salaried employees in the Ford's gas-engine division could be laid off.

48% of quits are people switching industries. New business applications are up by more than 30%. Over 5.4 million last year alone.

Buyers are getting cold feet with rising mortgage rates and inflation is affecting consumer confidence and purchasing power.

If a 100 basis point increase lands, it’ll be the largest increase in modern Fed history.

We figured the Consumer Price Index wasn’t heading back down—the estimate was for 8.8%. Instead, a 9.1% number landed.

Rising interest rates are colliding with recession concerns. Cancellations for purchase agreements climbed to 60,000 in June.

US employers announced over 32,000 layoffs last month—an 58% increase from last June.

Many are watching for signs the labor market is cooling. According to a new Labor Department report, maybe—but maybe not.

The 2022 JD Power Initial Quality Study shows more problems in the first 90 days of ownership than ever before.

The PCE, or personal consumption expenditures index, might be more important to the Federal Reserve when weighing decisions about rate raises. It's near a 40-year high.

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

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

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.

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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