In Partnership with Annex
CPI comes in hot. Again.
We figured the Consumer Price Index wasn’t heading back down—the estimate was for 8.8%. Instead, a 9.1% number landed.
The power shift in housing
Rising interest rates are colliding with recession concerns. Cancellations for purchase agreements climbed to 60,000 in June.
The calm before the jobs storm?
US employers announced over 32,000 layoffs last month—an 58% increase from last June.
Quits, Layoffs, and all eyes on Friday
Many are watching for signs the labor market is cooling. According to a new Labor Department report, maybe—but maybe not.
Higher car prices doesn’t equal fewer problems.
The 2022 JD Power Initial Quality Study shows more problems in the first 90 days of ownership than ever before.
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Official Q1 GDP worse than we thought
GDP shrank by 1.6% on an annualized basis in Q1, higher than April’s initial report.
What is a ‘Returnless’ return?
Each dollar in returned merchandise costs a retailer between 15 cents to 30 cents to handle.
Real Estate As An Inflation Hedge
This Ask Annex comes from Paul, who asks: “You’ve spoken about a possible inflation hedge like real estate, how can I participate without actually buying any real estate?”
The trouble with tobacco
The Biden administration has floated a 2023 rule change that would establish a maximum nicotine level in cigarettes in an attempt to make them less addictive.
