February 2022

Recession Warnings from the Yield Curve?

Bloomberg (YouTube Video) February 15, 2022 An inverted yield curve – when short-term US Treasury securities offer a higher return than longer ones – has foretold the last five recessions. In recent weeks, as the Federal Reserve anticipates raising interbank borrowing rates while also buying down interest...

Read More

As NC Grows, 2022 to See Major Transportation Projects Across State

North State Journal February 14, 2022 North Carolina transportation planners are working to keep the state’s highway infrastructure current with rapid population growth. But those efforts devolve into the usual debates about whether to concentrate highway improvement dollars in densely populated metro areas or coastal and mountain...

Read More

Safety in Numbers: NC Tax Collections Again Soar Above Expectations

Independent Tribune/AP February 11, 2022 With unemployment low, retail sales brisk and property values high, North Carolina’s fiscal picture is bright. Individual income tax revenues were $766 million above projected figures through January, while sales tax collections have come in $330 million above expectations, according to the...

Read More

State of FinTech 2021

The Big Picture January 27, 2022 Fintech accounted for $1 in every $5 of global venture funding last year. “Fintech funding more than doubled in 2021 to $132 billion, accounting for 21% of all venture dollars invested worldwide,” writes Barry Ritholtz, Chairman and Chief Investment Officer of...

Read More

Elam, the Epitome of an Educator, Dies at 65

RRSpin January 26, 2022 The death of a longtime North Carolina community college leader has prompted condolences from leaders across the state. Dr. Michael Elam, President of Halifax Community College since 2016, passed away on January 25 at age 65 after battling thyroid cancer. “Our state, the...

Read More