Tag: favorable

Conditions becoming favorable for tropical development…

While nothing is imminent at the moment, the ECMWF ensemble tracks from 51 different versions of the ECMWF model indicate conditions will be favorable for tropical development in the next 12 days. From the National Hurricane Center: Eastern Tropical Atlantic (AL95):Satellite images indicate that a tropical wave located several hundred miles southwest of the Cabo […]

‘The only thing missing’ in favorable CPI print

May’s Consumer Price Index contained one consistently frustrating piece of data for economists in an otherwise encouraging report: Housing inflation isn’t coming down yet. Wednesday’s data from the Bureau of Labor Statistics showed that shelter costs have risen 0.4% month over month in the past four CPI prints. Housing costs remained the largest contributor to […]

1 Favorable Trend Explains the 1,600% Rise in Nvidia’s Stock Price

Nvidia‘s (NASDAQ: NVDA) shares are on fire — but this isn’t a short-term phenomenon. The chip designer’s stock has been on the rise for a few years. It took off in 2020, and since that time, it’s soared more than 1,600%. Investors have piled into the stock on optimism about the company’s position in artificial […]

Look Back … to a favorable tax vote, 1949

May 18—May 18, 1949, in The Star: Voters in the city of Anniston yesterday renewed the special 5-mill property tax which is earmarked for school use by a favorable vote of more than six to one. Tabulations from boxes of six wards showed a total vote of 647 for passage of the renewal measure as […]

More Republicans have favorable view of Trump than Haley: Survey

More Republicans have a favorable view of Donald Trump over Nikki Haley, according to a recent poll. The YouGov poll found that 45 percent of Americans have a “very favorable” or “somewhat favorable” opinion of the former president, while only 34 percent said the same about the former U.N. ambassador. Haley and Trump, the remaining […]