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GDP rose 6.5% in the still recovering second quarter, below the 8.4% consensus, but above its pre-pandemic peak in Q4 2019. Notably, declining inventories shaved 1.13 percentage points off GDP growth. This was not as much as the 2.62 inventory…
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Inflation is making headlines all over the country, but the mainstream media is not being honest about the true severity of the crisis. We are being told that the official rate of inflation is still in single digits, but what we aren’t…
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The majority of stocks in the S&P 500 have announced their first-quarter results and, so far, the average sales and earnings surprises are running at 3.7% and 23.2% (respectively above consensus analyst estimates). This is why analysts are so busy…
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The primary takeaway from the latest FOMC meeting is that it expects booming Q2 consumption as well as GDP growth. However, concerning economic growth during the remaining six months of this year, Wall Street expects growth and inflation to moderate. …
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June statistics provided another huge jump in (CPI) inflation numbers! While June may also have been another month where excluding this and that might make inflation look transitory, the Fed’s patience will likely be tested. Headline CPI rose 0.9% in…
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Housing statistics confirm that houses available to purchase are extremely limited, so the volume of sales continues declining. While rapidly rising prices of lumber and other components may have impacted the reduced number of housing starts, there appears to be…
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The Missouri Department of Economic Development it will be spreading $15.8 million across 38 different community development projects across the state. The focus is to improve infrastructure such as damaged streets and drainage improvements, but the projects vary across the…
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Why has little attention been given to the rather sudden 3% exchange pullback for the dollar (versus the utilized basket of currencies)? During the past 12 months the cumulative dollar value drop has been over 10%! Currency exchange rates are…
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Submission deadlines are fast approaching for a number of Ingram's competition and recognition programs, and we need your help. Spread the word! Below are upcoming recognition programs and their submission deadlines. Nominate a company or individual today! **(to go to…
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The number of COVID-19 patients at The University of Kansas Health System has dropped a notable amount since Friday. Nine people with the active virus are being treated, down from 15 on Friday. Of those patients, four are in the…
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