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Recent Articles

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CFRA: Department stores seeing banner results due to massive government stimulus, pent-up demand, consumer desire to go out and spend; Kohl's and Macy's should fare better than others moving into 2022, but top or bottom-line growth not expected this year

Bloomberg: World economic risks for 2022 include omicron, sticky inflation, Fed lift-off, euro crisis, rising food prices; things that may go better than expected include governments keeping fiscal support, pandemic savings funding global spending splurge

Euromonitor: Of 48 countries covered, 28 expected to recover in Q4 2021 to pre-pandemic 2019 levels in economic output, labor market, consumer spending; in US, another severe Covid wave amid new variant, vaccine skepticism might curb successful recovery

US consumer interest in healthier homes, communities has been increasing for several years with the wellness real estate market growing to US$275B from US$148B between 2017 and 2020; health, wellness a priority at all price points in new builds, remodels

Japan CPI inflation edged up 0.5% year-over-year in November, exceeding a median forecast of a 0.4% gain; increase driven by a 15.6% surge in energy costs, 1.4% rise in food costs.

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