Commentary

WWU Center for Economic and Business Research️ 2 hours ago

New evidence suggests that the unattainability of home ownership among Gen Z is prompting young people to resort to financial nihilism, writes the Financial Times' John Burn-Murdoch. https://buff.ly/TL3fgQG

WWU Center for Economic and Business Research️ 4 hours ago

Central and Eastern European countries have been “particularly vulnerable” to the economic fallout of Russia’s invasion of Ukraine, according to European Central Bank research based on a new indicator mapping geopolitical risks. https://buff.ly/z2AkxYm

WWU Center for Economic and Business Research️ 6 hours ago

Silver jumped to a record on Friday, surpassing a peak set during a historic squeeze in the London market in October. Spot prices surged as much as 4.2% to about $55.66 an ounce, supported by fresh investor hopes of a Fed rate cut in December.

WWU Center for Economic and Business Research️ 6 hours ago

Trading is over for the month of November and the biggest losers appear to be those bearish folk who bet big on a widely anticipated tech-bubble blowout. It didn’t happen (some don’t think there’s a bubble at all), and as markets ended a truncated trading day higher, it became clear just how wrong they were.

WWU Center for Economic and Business Research️ 20 hours ago

Is Black Friday dead in downtown Seattle? Not yet, local business owners say. Despite a recent fall in foot traffic, some shops are leaning hard into Black Friday, and it's a whole different ballgame online. https://buff.ly/o8236Uq

WWU Center for Economic and Business Research️ 1 day ago

US economic activity was little changed in recent weeks, though overall consumer spending declined further except among higher-end shoppers. Fed’s Beige Book Shows K-Shaped Split Deepens Among Consumers. https://buff.ly/uPy37x6