AARP lays out six areas of financial health for retirees
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An employer feeds a baby at the My Queen confinement center in Singapore, on Monday, Feb. 19, 2024. Bloomberg | Bloomberg | Getty Images Tiny Singapore is throwing cash and incentives at its citizens to avoid a long-term demographic crisis, but it may take many years before the level of success becomes clear. The city-state…
Housing Supply Hits 6-Year High As New Listings Jump, Giving Buyers Bargaining Power
U.S. new listings hit their highest level since 2022 in August, driven by San Jose, Nashville and Seattle. The total number of homes for sale hit their highest level since 2020. On the demand side, sales were essentially flat month over month. The rise in supply combined with stalled demand gives the buyers who are…
Good Luck Making Sense of Retail Sales Reaction
Based on a few research papers that have attempted to quantify the impact of various economic reports as well as the general consensus among economic calendar purveyors, Retail Sales is allegedly a top tier market mover. In fact, a somewhat recent attempt by CME to rank econ data has in 5th place ahead of CPI,…
