Hodges Fast Five

Friday Fast Five - 6/30/2023

Written by Hodges Investment Team | July 6, 2023

Five interesting things that Hodges Capital research analysts discovered this week...

#1 VIEWPOINTS: According to a new Gallup poll, 38% of Americans are conservative on social issues. That is a rise of +5 percentage points since 2022 and +8 pp since 2021. Conversely, only 29% say they have liberal social views. That is a decline of -5 percentage points over the last two years.

#2 STRESS TEST: The Federal Reserve Board released the results of its annual bank stress test. All 23 banks tested remained above their minimum capital requirements despite projected losses of $541B during the hypothetical recession.

#3 HOUSING SPEND: Between 2017 and 2021, according to the Census Bureau's American Community Survey, 31% of households spent 30% or more of their income on housing.

#4 BURNOUT: A recent survey by AMN Healthcare Services found nearly 1 in 3 registered nurses say they are likely to seek a new job.

#5 FUN FACT: There are 293 ways to make change for a dollar.

 

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