Market Watch (July 14)
In contrast with previous guidance, Goldman Sachs now expects U.S. home prices to grow only 0.5% in 2025 and 1.2% the following year, “a huge drop from the growth the market saw during the pandemic.” Goldman cited “three big reasons for its pessimism regarding home prices: slowing prices, rising housing supply and persistently high mortgage rates.”
Tags: 0.5%, 2025, Drop, Goldman Sachs, Growth, Guidance, Home prices, Housing supply, Market, Pandemic, Pessimism, Slowing, U.S.
Reuters (March 3)
“Europe’s dark defence picture has a bright side. President Donald Trump’s hostility to erstwhile U.S. allies in Europe… has scrambled the continent’s security arrangements. Yet leaders who gathered in London on Sunday have a consolation of sorts: the pressure to rapidly rearm gives them cover to hike taxes.” They can now “legitimately tell their populations that everything has changed. There’s a solid long-term argument for Europeans to make a bigger contribution to their security. It’s a silver lining for an otherwise gloomy outlook.”
Tags: Car dealers, Cold weather, Decline, Drop, Economists, Environment, Indoors, Perilous, Rebound, Retail sales, Retailers, Tariff threats, Trump, U.S.
The Guardian (July 26)
“Every one of Japan’s 47 prefectures posted a population drop in 2022, while the total number of Japanese people fell by nearly 800,000,” marking “two new unwelcome records for a nation sailing into uncharted demographic territory, but on a course many other countries are set to follow.”
Tags: 2022, Demographic, Drop, Japan, Population, Prefectures, Records, Uncharted, Unwelcome
CNN (August 12)
“Hong Kong has recorded its sharpest annual drop in population,” falling from “7.41 million people to 7.29 million, a 1.6% decrease.” Experts attribute the exodus to “strict Covid control measures and a political crackdown that have taken the shine off a financial hub long advertised as ‘Asia’s world city.’”
Tags: 1.6% decrease, Annual, Asia, Control measures, Covid, Drop, Exodus, Experts, Financial hub, Hong Kong, Political crackdown, Population, Strict
Motley Fool (July 2)
“During the first six months of 2022, the S&P 500 dropped 20.6%, marking its worst first-half performance since 1970” while “the Dow had its largest first-half drop since 1962” and “the Nasdaq… had its largest percentage drop in its history.” This has left “a lot of investors worried, and understandably so. But while things might seem bleak right now, the reality is that investors really shouldn’t panic.”
Tags: 1962, 1970, 2022, Bleak, Dow, Drop, First-half, Investors, Nasdaq, Performance, Reality, S&P 500, Worried, Worst
CNN (February 3)
“Meta Platforms, the company formerly known as Facebook, just had its worst trading day in its history as a public company,” dropping $240 billion or 26% of its market cap. “The eye-popping drop in value is a reminder of just how massive the tech giant really is. Meta’s market cap has now declined by an amount that is greater than the total valuation of most public companies.”
Tags: $240 billion, Drop, Eye-popping, Facebook, Giant, Market-cap, Massive, Meta Platforms, Tech, Trading, Value, Worst
USA Today (June 8)
“The struggles of many long-term unemployed Americans… may be starting to ease. Last month, the number of people unemployed six months or longer fell by 431,000—the second-largest decline on record—to 3.8 million…. Even with that drop, though, the number remains historically high and has tripled amid the COVID-19 pandemic.”
Tags: COVID-19 pandemic, Decline, Drop, Ease, High, Long-term unemployed, Struggles, U.S.
The Guardian (April 30)
“It is time for a public inquiry. The coronavirus crisis has been an extraordinary period for the UK, and the toll substantial. More than 127,000 people have died, children have lost years of education, and we have seen the largest drop in GDP since consistent records began more than half a century ago…. While the government has done some things well – the vaccine programme is an undisputed success so far – there are sincere, legitimate questions about many of its other choices.*
Tags: Coronavirus, Crisis, Drop, Education, Extraordinary, GDP, Government, Legitimate, Public inquiry, Questions, UK, Vaccine
Investment Week (August 24)
“Global dividends plummeted by $108.1bn to $382bn in Q2 this year… marking an underlying decline of 19.3% – the biggest fall seen…. All regions except the US suffered a drop in pay-outs, with the UK and Europe seeing the biggest falls at 54% and 45% respectively on an underlying basis.” By comparison, Japan fared well with payouts falling just 3.1% and “four-fifths of companies actually increasing or maintaining their dividends.”
Washington Post (July 31)
“The second quarter GDP report confused many, but any way you slice it, the economy saw its worst quarter in at least 145 years.” A key sentence read “Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020.” That figure is annualized and seasonally adjusted. For the quarter alone, it was a drop of 9.5 percent, “still the worst since at least 1875.”
Tags: 1875, Annual rate, Annualized, Drop, Economy, GDP, Q2, Seasonally adjusted, U.S., Worst
