ESCANABA WEATHER

Welcome to Upper Peninsula Business Today

Current issue

Current Issue

Click to view the current issue.

In This Issue

  • New Laws Affecting your Business
  • Waupaca Foundry Expands
  • Insurance for your Business

Latest Articles in Economy

Weekly Economic Release Summary: Productivity Is Not What It Is Cracked Up To Be
This past week, the Bureau of Labor Statistics (BLS) released productivity and costs for 2Q2019. The bottom line was that the year-over-year productivity growth slowed. My view of productivity is very different from the headline view. Productivity calculations are complicated -  far too complicated  for

Get Ready to 'Navigate and Immunize' for the Coming Paradigm Shift
As we get ready for the next decade, there is reason to believe big changes are coming. The next 10 years of market activity could look wildly different from the last 10. Many investors will find themselves unprepared. According to legendary hedge fund manager and macro investor Ray Dalio, it's possible to

Mixed Housing Data for July
Ending a volatile week in the markets that will barring a major reversal in sentiment today end up a percentage point or two in the negative That s still OK overall what we d rather not see are more down legs ahead of nex t earnings season which doesn t even begin to trickle in

An Early Buy in Anticipation of A Bounce Back
During periods of volatility such as we are currently experiencing, investors with a contrarian bent like me start thinking about what to buy when things settle down. There are two ways of approaching that: either you look at the hardest hit stocks on the basis that they have further to bounce, or those that have

Economic Data Deluge
Following the biggest selling day in a long time 3 among major U S indexes we see a plethora of new economic data hitting the tape during the early market hours this Thursday among them Jobless Claims as nearly every Thursday Retail Sales Productivity and Unit Labor Costs and more

Oil Markets Face Nightmare Scenario
Oil prices  rose sharply  on Tuesday after President Trump decided to delay tariffs, recognizing the negative impact tariffs would have on the U.S. economy. But by Wednesday, oil prices crashed again, as financial markets see the risk of economic recession rising in spite of the tariff delay. The closely-watched

US Yield Curve Inversion - What it Means for You, Markets & FX
Most people have a simple and basic understanding of what a yield curve inversion means. They know that it is unusual and every headline tells them that its bad news for the economy. Some are even aware that when a yield curve inverts, long-term interest rates fall below short-term interest rates as investors

Looking For Somewhere To Hide In A Mood-Driven Market
One of the most common misconceptions among retail traders and investors (that’s you and me, people who trade and invest with their own money from home, rather than those who are paid to play with other people’s money) is that those that work in the market are all super intelligent people, making complex calculations

Wall Street Tumbles Following Yield Curve Inversion
U S stock futures plummeted ahead of trading on Wednesday after a key Treasury yield curve inverted signalling an impending recession The yield on the 10 year Treasury note slipped below the 2 year rate Traditionally this is believed to be a reliable indicator that a recession is around

Wall Street Tumbles on Geopolitical Concerns
U S equity futures retreated as Hong Kong s political and Argentina s financial scenario dented investor sentiments The Hong Kong international airport known to be one of the busiest cargo airports was shut down due to heavy protests In fact almost 5 000 protestors flooded the