Fortune’s 2017 Crystal Ball

Each year, Fortune magazine presents an interesting series of predictions for the coming year. The 2017 “crystal ball” is based on these principles (and includes the use of IBM Watson 🙂 ): “The election of Donald Trump to the presidency represents a seismic shift in American politics, an event with implications nearly impossible to predict. […]

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TIAA-CREF’s Chief Economist: Four 2016 Video Forecasts

TIAA-CREF, the full-service investment firm that manages nearly $835 billion in assets, recently produced a series of short videos about the year ahead (2016) featuring its Chief Economist Tim Hopper.    1. The U.S. economy should accelerate modestly this year.   2. Fed rate hikes could stimulate economic growth this year.   3. The U.S. economy is on […]

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Why Aren’t Wages Rising Faster?

Positive performance of the Gross Domestic Product? Check. Unemployment rate still dropping? Check. Energy prices down from last year? Check. (Despite some recent price increases). So, why haven’t U.S. wages risen faster and higher than they have? Are wages finally ready to have a meaningful uptick? According to Knowledge@Wharton: “An early spring looks in store […]

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Turning the Corner on Consumer Spending

As reported by Stagnito Business Information’s New Products Report: “Consumer spending is in line with pre-recession trends and consumer optimism is higher than it’s been in years, according to Mintel’s annual comparative audit report American Lifestyles 2014. That’s a sunny outlook from consumers, one that certainly will benefit CPGs and retailers this year and into […]

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