Daily Reads 9/5/2019
Hi, everyone. Our thoughts are with those impacted by Dorian, and we check up on the status of the hurricane to see what to expect next. In trade, China and the U.S. have come to an agreement to meet in October to discuss the current state of their trade relationship. The trend of Americans increasingly investing in more stocks over the years now hits new heights, but what does this mean for the economy? In general, Americans are paying off less on their credit cards, but a troubling statistic shows that women on average represent most of those falling behind on paying off balances. And a recent announcement has Buffalo Wild Wings Partnering with MGM, and their joint initiative is to increase sports betting in their restaurants.
WEATHER & NATURAL DISASTERS
The storm is threatening to inundate low-lying coasts from Georgia to southwest Virginia with a dangerous storm surge after its deadly mauling of the Bahamas.
China’s Ministry of Commerce said Thursday that the leaders of the U.S. and Chinese trade talks held a phone call in the morning and agreed to meet in early October for another round of negotiations.
The stock market is not the economy. Or so economists used to think. After all, few Americans owned stock and prices reflected expectations about future earnings—expectations that weren’t always accurate or that were clouded by short-term emotions.
Americans — especially women — are feeling less secure about their finances today than just a few months ago.
Buffalo Wild Wings has teamed up with MGM and its digital partner, Roar Digital, to ease into the sports betting space.