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In This Issue

  • Terry Peters Logging
  • Upper Peninsula State Bank Opens Gladstone Branch
  • Sayklly's The Candy Store Grand Opening

Latest Articles in Economy

Week Ahead: Can We Focus On Good News For A Change?
The media is biased, and I am outraged! No, not in a political sense. That is a matter of perception, and that perception varies from country to country and from generation to generation. What I am talking about is the media’s bias towards the negative. That is universal and timeless. No matter how hard you try, it

PepsiCo Acquires SodaStream For $3.2 billion
Late August in the stock market is not usually the time one starts thinking about Merger Monday but a surprising development has greeted investors this morning with news that soft drink and snack giant PepsiCo PEP will be acquiring DIY beverage company SodaStream SODA for 3 2 billion

Inflation Wipes Out Wage Growth
Economic growth was supposed to bring greater prosperity to working and middle-class Americans, but as wages fail to keep pace with economic growth, many are struggling with jobs that simply don’t pay enough. Instead, economic growth is benefiting the wealthy, if  Labor Department statistics are anything to go by.

What Trump's Proposed Change to the Frequency of Earnings Reports Means
There are many remarkable things about this Presidency, so many in fact that we often lose sight of major changes. Just a couple of years ago, the idea that policy discussions and proposals would come in a series of early morning tweets would have been absurd, but that is where we currently are. The Trump tweets

A Pleasant Pre-Market
Pre market activity is offering us something of a respite this morning with no major economic data points or major earnings reports expected ahead of the opening bell Once markets are open we will see a new read on August Consumer Sentiment Leading Economic Indicators for July and a Q2

Brexit Woes Weigh On The British Pound
The pound sterling concluded Wednesday trading in negative territory, dropping for the 11 th  consecutive day against the U.S. dollar. That marked the longest losing streak by the currency since the 2008 financial crisis as the unraveling of a perfect storm pulls it down. For Britons heading for the holidays,

Trump's Trade War Is A Tempest In A Teapot
I am baffled by the amount of media coverage given to President Trump's targeted tariffs. So far these trade wars amount to a tempest in a teapot. [xxxmore] I have said it many times and I will say it again - nobody wins in a trade war. But the biggest loser is always the biggest exporter. However, the media

A Flurry Of Economic and Earnings Data
New Thursday morning economic data has just been released with fresh Initial and Continuing Jobless Claims Housing Starts and Building Permits and an updated Philly Fed survey read joining quarterly results from Walmart 160 WMT While the big box retailer outperformed expectations much

Economic Data Deluge
A slew of new economic data has hit the tape ahead of Wednesday s opening bell in addition to big names in the Retail sector continuing to report quarterly earnings results Retail Sales Productivity and Unit Labor Costs along with the latest Empire State Index join earnings results

The Single Biggest Threat To Global Oil Demand Growth
As the U.S.-China trade war escalates, a growing number of analysts and organizations have increased warnings that further trade tensions could dent economic growth, consumer spending, and investment flows globally—all of which could curtail the world’s oil demand growth. Robust oil demand, geopolitical tensions,