Thanks to the continuously rising cost of living, Americans are becoming increasingly price-conscious in their shopping decisions. Now companies have a new strategy to attract shoppers again, and it’s buzzword-worthy too: Bloomberg calls it “upflation.” What Is Upflation? Remember “shrinkflation,” when companies kept prices stable while package sizes shrank? Upflation is essentially the opposite of…Read more
Possible Surprises The first week of the month is always a fun one in markets. But with some high profile economic data and a fresh start to a new quarter, we might be in for some fireworks too. For one, we might get some funky trading. Why? Investors often rebalance their portfolios at certain intervals,…Read more
Cash Crunch U.S. bank accounts were flush with savings to the tune of $2.1 trillion following the pandemic. Those savings have now run dry, according to the Federal Reserve Bank of San Francisco. And that’s having a profound impact on consumer spending and the overall economy. Consumer Contractions First things first: The reason economists worry…Read more
