People think the yield curve is broken as a recession indicator. People are dumb. The recession kicks off AFTER the curve UNINVERTS. So 2025 is looking bad. December 20, 2024 9:17 pm
Builders are dealing with the most unsold inventory since the Great Finance Crisis. 2008 all over again. December 20, 2024 9:14 pm
House approves funding bill, breaking promises on spending splits and debt ceiling demands. December 20, 2024 7:22 pm
Fed rate cuts fail to lower 30-year mortgage rates, likely worsening. Credit spreads widened before and after the Fed meeting, reaching stress level. Cattle ignoring bonds. December 20, 2024 2:53 pm
Dow Jones bounced off major trend-line, lower high expected before decline. Trump rings the bell at the NYSE, and stocks collapse after. December 20, 2024 2:09 pm
BREAKING: Attack on Magdeburg Christmas market leaves multiple dead and injured. December 20, 2024 3:24 pmDecember 20, 2024 2:06 pm
Party City closes after 40 years, leaving 850 stores and employees impacted. December 20, 2024 2:00 pm
No soft landing for real estate: Mortgage rates rise despite Fed’s three rate cuts. Home prices are contracting sharply. Home builder lenar just said road ahead will be choppy December 20, 2024 1:31 pm
Walmart Recession Signal reaches highest level since 2020, trucking bankruptcies rise. December 20, 2024 12:19 pm
