September 27, 2024 by Mark Ferguson In this post, I’ll dive into the state of the housing market. We’ll analyze trends in interest rates, housing inventory, and inflation, exploring how these factors interact and impact both buyers and sellers. While no one has a crystal ball, I’ll review the latest insights and provide my best … Read more
Stocks rose Friday, as stronger-than-expected jobs data spurred investor enthusiasm about the economy. A strong economy means strong earnings, which means rising share prices. Non-farm payrolls rose 254,000 in September, up from 159,000 in August. And the unemployment rate dipped to 4.1% from 4.2%. Don’t miss the move: Subscribe to TheStreet’s free daily newsletter The … Read more
I have spent the last week reading “Shoe Dog”, Phil Knight’s memoir of how a runner on the Oregon University track team built one of the great shoe companies in the world, in Nike. In addition to its entertainment value, and it is a fun book to read, I read it for two … Read more
Fast-food restaurant chains face several challenges to overcome and stay in business. Competition among chains, whether they are burger, pizza, or chicken restaurants, has been fierce for decades. The Covid-19 pandemic in 2020 brought new challenges as restaurants needed to adjust to a new business model, often closing their dining rooms and transitioning to all-take-out, … Read more
Located amongst the stunning backdrop of the Rocky Mountains, Denver, CO, often steals the spotlight with its well-known attractions like the Red Rocks Amphitheatre and the Denver Art Museum. Beyond these iconic landmarks, you’ll find a plethora of unique experiences that truly showcase the city’s culture and spirit. From charming local shops to off-the-beaten-path adventures, … Read more
Michael Jordan is known as one of the most iconic and greatest basketball players in NBA history, having won six NBA championships, two Olympic gold medals, and five MVP titles and three All-Star MVPs. The successful NBA player has a net worth of around $3.5 billion, making him one of the wealthiest former athletes in … Read more
If you’re making money from something you love, that’s fantastic! But have you considered whether your passion is classified as a business or just a hobby by the IRS? Understanding this distinction is crucial for managing your taxes effectively and avoiding unexpected surprises. In our latest video, we break down how to determine if your … Read more
International Longshoremen’s Association’s strike ended on Friday, removing worries that an extended strike would negatively impact new-home starts and sales. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to … Read more
This is what weekly purchase application data looked like with rising rates starting from the latter part of January: 14 negative prints 2 flat prints 2 positive prints Even though the purchase application data wasn’t showing much downside on volumes earlier in the year, the weekly data was very negative. Before late January, when rates … Read more
I’ve done many financial statement breakdowns in my career. I’ve gone DEEP into the 10K’s and S-1’s from some of the top tech companies. But perhaps it was all in preparation for the most fascinating analysis of my career—a private company out of the UK called OnlyFans. Below is a deep dive into the financials … Read more