In May 2024, the region with the highest hotel occupancy rate worldwide was Europe, at 73 percent, showing a one percent increase over the previous year. Meanwhile, the lower occupancy rates across the board in 2020 and 2021 were due to the impact of thecoronavirus (COVID-19) pandemicon ...
Although it was right about the peak, the U.S. economy recovered much faster than predicted. The unemployment rate decreased every month after the start of the pandemic—except for small, intermittent increases through May 2023. As the world recovered from COVID, high inflation took shape in t...
The Interest Rate Environment The COVID-19 pandemic had a pronounced, depressive effect on global financial markets but it wasn't just the public that was worried. The deep uncertainty about economic activity led the Federal Reserve to slash thefederal funds rateto a range of 0% to 0.25%. I...
The takeaway for investors is that fixed-income investments are still a great way to take advantage of a high-interest-rate environment, even if they don't provide as much portfolio diversification at the moment. Ultimately, each investor's situation is unique, and different fixed-income investme...