WePay pored over some academic papers, Consumer Reports, and trade group publications to produce a helpful infographic on the behavioral economics of holiday gift giving. It’s interesting that an unused AMC Theaters gift card has a higher secondary market value (just 20% down) than one from 1-800 Flowers (30% off) – that one is from Cardpool.
The week began under pressure after the White House said 25 percent tariffs on Mexico and Canada would begin after the 30-day pause ends in early March.
Stocks retreated last week despite mostly better-than-expected earnings results, with investors troubled by declines in year-over-year net profit margins and tepid earnings guidance.
As a monetary dove, Janet Yellen should encourage higher inflation – and higher metals prices.
The U.S. Treasury (UST) 10-year yield could trend toward 5% in 2025, supported by a combination of historical averages and a steepening Treasury yield curve.
