Stock

Hotels: Occupancy Rate Decreases Year-over-year

From HotelNewsNow.com: STR: US hotel results for week ending 11 January The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 5-11 January 2020, according to data from STR. In comparison with the week of 6-12 January 2019, the industry recorded the following: • Occupancy: -3.1% to […]

Estate Planning

Deciding which IRA Works Best for You

Deciding which type of IRA works best for your estate plan can be challenging. While Roth and traditional IRAs are the most common types of retirement accounts, there are other options that you should consider as well. These lesser-known accounts can provide numerous tax advantages based on a person’s situation. This article reviews the six […]

Stock

NAHB: Builder Confidence Decreased to 75 in January

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 75, down from 76 in December. Any number above 50 indicates that more builders view sales conditions as good than poor. From NAHB: Builder Confidence Begins Year Strong as Single-Family Growth Continues Builder confidence in the market for newly-built single-family homes […]

Stock

Philly Fed Manufacturing Suggests Activity Increased in January

From the Philly Fed: Current Manufacturing Indicators Suggest Growth in January Manufacturing activity in the region increased this month, according to results from the January Manufacturing Business Outlook Survey. The survey’s indicators for current activity, new orders, shipments, and employment were all positive and increased from their readings in December. The survey’s future activity indexes […]

Stock

Retail Sales increased 0.3% in December

On a monthly basis, retail sales increased 0.3 percent from November to December (seasonally adjusted), and sales were up 5.8 percent from December 2018. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for December 2019, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, […]

Tax

The GRI country-by-country reporting standard is launched today and other accounting standards setters should be taking note

As the FT reported a couple of days ago when discussing  corporation tax and corporate accountability: Now the Global Reporting Initiative, a not-for-profit setter of sustainability standards, is seeking to enhance transparency in this area. In a new standard it is calling for improved disclosure of corporate tax strategy, explanation of the reasons why the […]

Tax

Flybe: questions needing answers

The government has announced its response to Flybe. The only key point is this: As part this work and ahead of the March Budget, the Treasury will also be reviewing Air Passenger Duty to ensure regional connectivity is strengthened while meeting the UK’s climate change commitments to meet net zero by 2050. These measures featured […]

Stock

What to watch in geopolitics in 2020

The U.S. killing of a top Iranian military leader and the subsequent retaliation by Iran in recent weeks marked an escalation in U.S.-Iran tensions. This reminds us of still heightened geopolitical risks across many dimensions, even as we see a relatively benign backdrop for risk assets in 2020. The U.S.-China trade conflict – the dominant […]