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Markets can go three ways - up, down, or sideways. Currently, we’re seeing a lot of discussion about the daily ups and downs, and whether the market will continue to go up or will go down and retest lows. Volatility in the market remains high, as well as expectations of future direction...
For several years before February 2020, I read about how US households had been in good shape financially. Debt, measured in nominal terms, climbed past 2008 levels a couple of years ago (see graph below). However, experts often brought up two data points to support the argument that consume...
Never has one letter of the alphabet been such a hot topic of conversation. That letter - V - has become the proxy for how some describe the shape of the economic recovery as businesses begin to reopen here in the U.S. and on a global scale, and as the public health threat of COVID-19 rece...
By Robert Hughes The Consumer Confidence Index from The Conference Board fell sharply again in April, dropping 31.9 points to 86.9, the lowest level since June 2014. The index is constructed so that it equals 100 in 1985 (see top chart). The drop was driven by the present situation compo...
"We have the British motor industry as a role model for what happens when you try to save an industrial dinosaur. Britain was the first country to industrialize and the first to de-industrialize. We should learn from this." - P. J. O'Rourke The 5.4% fall in industrial production and the ...
Now on a weekly basis, we're witnessing things that couldn't happen - actually happen. April 20 - Bloomberg (Catherine Ngai, Olivia Raimonde, and Alex Longley): "Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-droppi...
Jobless claims still point to over 20,000,000 lost jobs in April, 15%+ unemployment rate As I've written in the past few weeks, the number of initial jobless claims correlates roughly with the number of net new jobs added or subtracted in any given month. Normally there is too much noise f...
By Jill Mislinski Here is the opening statement from the Department of Labor: COVID-19 Impact The COVID-19 virus continues to impact the number of initial claims and insured unemployment. In the week ending April 18, the advance figure for seasonally adjusted initial claims was...
Kim Parlee recaps the biggest news of the day including the latest COVID-19 developments, followed by a conversation with David Sykes, Head of public equities, TD Asset Manage ment on earnings outlook and the extent of the coronavirus outbreak’s hit to corporate profits. ...
There had been hope that the coronavirus-triggered recession that's now roiling the US economy wouldn't show up in the data until the second quarter. But recent updates for March have smashed that idea, and so, next week's initial estimate of Q1 GDP is on track to post a loss, based on sever...
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Revenues increase by +23.5% to $6.2 million on higher waste volumes +4.8% gross margin expansion from 64.3% to 69.1% Company provides guidance for topline growth between +23% and +53% for 2024 SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) -- ESGL Hol...
SINGAPORE, May 06, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ: ESGL) (“ESGL” or the “Company”), a sustainable waste solutions provider whose mission is to upcycle industrial waste into circular products using innovative technologies and renewable energy...
SINGAPORE, Jan. 23, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ: ESGL) (“ESGL” or the “Company”), a leading innovative enviro-tech company manufacturing circular products, announces the successful conclusion of a multi-year agreement with Sentosa Clay Produc...