Personal consumption contributed just 0.70% to bottom line Q4 GDP, down notably from 0.93% in the 2nd estimate and 1.42% in the first; it was also the lowest since the COVID lockdowns.

Though the rates will differ depending on specific products, the all-in result is there will be virtually no discrepancy between the carriers, the consultancy said. Both have announced record 6.9% general rate increases (GRIs) for 2023.

The Bureau of Economic Analysis released the Personal Income and Outlays data for March last week. Incomes and consumer spending were both up. The data had mainstream analysts crowing about a strong economy and good news for American consumers.

The EU formally adopted the fifth round of sanctions against Russia last week. European companies will no longer be able to enter into new agreements to purchase coal from Russia.

The skyrocketing price of the lumber market right now is adding substantial costs to the budgets of homebuilders in America, and forget about any of these costs being properly hedged.

It is patently obvious that GameStop is not trading on the fundamentals as a company, and generally it is a good idea to sell into strength as a trader, especially in a stock with shaky fundamentals.