Categories Finance

Unveiling the Richest Instagram Influencers and Their Impact on Modern Marketing

Key Takeaways Influencer Earnings: The richest Instagram influencers can earn between six to seven figures per sponsored post, showcasing the financial potential of influencer marketing. Engagement Importance: High engagement rates are crucial; they lead to better visibility and more lucrative sponsorships, benefiting both influencers and brands. Diverse Influencer…

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Categories Finance

Japan not keep for compromise in US trade talks

This was out earlier but it’s an important development: The FT reports that Japan is holding out for a better deal with the US, including a full removal of 25% auto tariffs. It says a deal is now unlikely to be reached before elections due in late July,…

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Categories Finance

UMich May prelim consumer sentiment 50.8 vs 53.4 expected

Prior was 52.2 Current conditions 57.6 vs 59.6 expected Expectations 46.5 vs 48.0 expected 1-year inflation 7.3% vs 6.5% prior 5-year inflation 4.6% vs 4.4% prior This is a poor reading. I would have expected to see some recovery after Trump reversed the Liberation Day tariffs but that…

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Categories Finance

US factory orders data throttled lower in revisions

March factory orders revised to +3.4% from +4.3% Ex transport to -0.4% from -0.2% Nondefense capital goods orders ex air -0.2% vs +0.1% The amount of times this report is revised is dizzying but this will be a drag on Q1 GDP when it’s revised. This article was…

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Categories Finance

Wisconsin Sells Entire $350M Spot Bitcoin ETF Stake

The State of Wisconsin Investment Board (SWIB), one of the first U.S. state pension funds to invest in a spot bitcoin BTC exchange-traded fund, exited its position entirely in the first quarter as the price of the largest cryptocurrency fell about 12%. At end of 2024, the board…

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