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Texas manufacturing growth is accelerating, though demand continues to fall

Texas manufacturing growth is accelerating, though demand continues to fall

September 26, 2022 Texas manufacturing growth is accelerating, though demand continues to fall What’s new this month For this month’s survey, additional questions were asked of Texas business executives about credit conditions and concerns about prospects. The results of these questions from the Texas Manufacturing Outlook Survey, the Texas Service Sector Outlook Survey and the …

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Alphabet CEO Pichai continues to sound the alarm on the economy

Alphabet CEO Pichai continues to sound the alarm on the economy

Alphabet (GOOGL) the parent company of Google, wants to avoid unpleasant surprises. The firm is convinced that a sharp slowdown in growth will have an impact on advertising revenues, its main source of income. For the past few months, the group has therefore been trying to prepare for a gloomy scenario as the Federal Reserve …

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The stock market continues its long slide, reaching lows not seen in a year

The stock market continues its long slide, reaching lows not seen in a year

Stock markets fell to their lowest levels since 2020 on Friday, continuing a bad slide that began in August as investors try to fight economic headwinds in the United States and around the world that will only get worse . Stock indices were on track to end the week with losses, capping the fifth decline …

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Turkey's poultry market continues to grow - Poultry World

Turkey’s poultry market continues to grow – Poultry World

The poultry sector, in which chicken meat accounts for 99% of total production, is the country’s main source of protein. The sector faces ongoing challenges including high production costs, heavy reliance on foreign countries for input supply, lower per capita consumption levels and export problems due to political and economic unrest in neighboring countries. Chicken …

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Fed will 'absolutely kill' demand, markets, if it continues to tighten - Tavi Costa

Fed will ‘absolutely kill’ demand, markets, if it continues to tighten – Tavi Costa

The high debt-to-GDP ratio, excessive corporate valuations and high inflation mean Fed tightening “is absolutely going to kill demand,” said Tavi Costa, portfolio manager at Crescat Capital. “These three macro imbalances create, in my view, major policy constraints when it comes to fighting inflation,” he said. “I don’t think the economy can really handle what …

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US credit card debt continues to climb (blame higher prices)

US credit card debt continues to climb (blame higher prices)

Financial debt is to consumers what an interception is to NFL quarterbacks – a big step backwards, only on the wrong side of the financial grill. Yet that’s exactly where a growing number of American credit card consumers find themselves in the second half of 2022, with plastic debt a growing problem. CreditCards.com has the …

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Retro market continues to harden in limited supply

Retro market continues to harden in limited supply

Retro purchases continued to shift from aggregate to occurrence Moody’s estimated that by 1.1 2022, UNL’s overall retroactive capacity had declined by 75% GC said occurrence increased by 13% mid-year, but overall decreased by 39% In 2022, occurrence prices increase by an average of 13%, while the aggregate is up >20% (if any) Aon reports …

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Truckers work Labor Day as market continues to soften

Truckers work Labor Day as market continues to soften

Chart of the week: Outbound Tender Rejection Index, Accepted Contract Load Volume – United States SONAR: OTRI.USA, CLAV.USA Full truckload volumes for contract freight jumped 3% in the week leading up to Labor Day, while truckload rejections remained near yearly lows of below 6%. As a result, spot market truckload rates barely budged, rising a …

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