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Inflation Falls Further
What’s that saying about beating a dead horse? I can’t remember, but these monthly inflation prints are starting to feel like we’re beating a dead cavalry. Wholesale inflation continued to fall in July, and for some line items, maybe by too much. We’ve killed the inflation beast; now, it's like we’re setting the body on fire.
Hospitality Earnings Disappoint
Hospitality giants reveal their latest earnings, but are they still basking in the afterglow of a record summer or just stumbling over the post-pandemic hangover? Despite record travel, top hospitality stocks falter, exposing cracks in the industry's recovery.
Olympics Break Records
Let’s take a break from the whole “the economy is falling apart” thing today. The 2024 Olympic Games in Paris have already broken records for more than just the athletic performance and weirdness. Check out the full economic breakdown of the Games below… and maybe consider re-nationalizing to Hong Kong.