Stock

Hotels: Occupancy Rate Increases Year-over-year

From HotelNewsNow.com: STR: US hotel results for week ending 18 January The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 12-18 January 2020, according to data from STR. In comparison with the week of 13-19 January 2019, the industry recorded the following: • Occupancy: +1.1% to […]

Stock

Kansas City Fed: “Tenth District Manufacturing Activity Nearly Flat in January”

From the Kansas City Fed: Tenth District Manufacturing Activity Nearly Flat in January The Federal Reserve Bank of Kansas City released the January Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity was nearly flat in January […]

Stock

Why we like cyclical assets

The new year has greeted markets with generally good news: The “Phase 1” trade deal between the U.S. and China has been signed; economic data are looking positive globally; and the corporate earnings reporting season has kicked off with mostly good news. We expect cyclical assets to do well against a backdrop of a modest […]

Tax

The Big 4 and business have said they will do stakeholder reporting – without consulting with the stakeholders to ask what they need

The FT has reported this morning that: A new framework, launched at the World Economic Forum in Davos on Wednesday, will enable them to report their corporate metrics on subjects such as employment standards and the environment in line with the UN’s sustainable development goals. The metrics, created by the WEF’s International Company Council (IBC), […]