American Hotels Experienced Worst Year Ever

According to STR, Inc, a hotel industry market data firm, 2020 was absolutely the worst year on record for hotels as industrywide profits fell to zero, as the virus pandemic and resulting government-enforced social distancing measures kept travelers at home. STR's latest report said the US hotel occupancy rate was 44% for...

A Stock Market Crash Of 65-80% This Year?

Authored by Adam Taggart via PeakProsperity.com,A year ago, macro strategist David Hunter predicted a massive melt-up in financial assets, to be followed by an equally tremendous market crash.Well, he’s certainly been right so far on the melt-up prediction.All major stock indices are trading at record highs.  And valuations have never...

Stocks Suffer Worst Start To A Year Since The Dot-Com Crash

The re-awakening of "Blue Wave" risk...Source: Bloomberg...along with escalating pandemic-related lockdowns/restrictions (worse than expected vaccination roll-out and hospitalization panic-mongering like we saw in 2018 due to the flu) sparked the worst start to a year for the S&P since 2001...The entire market was hit with a selling wave at the...