For the past 25 months, inflation has exceeded wage growth. Walmart says dry grocery inflation is up more than 20% in two years. A record number of Americans are in financial distress. June 3, 2023 11:33 amJune 2, 2023 7:54 pm
$qqq to $iwm ratio never higher… ‘Bye bye liquidity… right when everyone is max bullish and on vacation’…. ‘Getting out, there will be no one on the other side of the trade.’ June 2, 2023 7:44 pm
Deutsche Bank: Massive debt defaults by companies are imminent due to fastest monetary tightening in 15 years. June 2, 2023 7:36 pm
Nonfarm payrolls increased, but household employment decreased, suggesting some families may be struggling financially. June 2, 2023 7:55 pmJune 2, 2023 5:10 pm
Corporate Media: Apple’s Revenue Could Get a Big Boost From AR/VR. One analyst concluded AR/VR could become the next major computing platform for Apple, with revenue topping $20 billion a year by 2030 and perhaps reaching as high as $70 billion. June 2, 2023 5:00 pm
May Jobs Report Adds 339k Jobs, But Unemployment Rate Rises To 3.7% (Avg Hourly Earnings Cool To 4.3% YoY, Too Bad Core Inflation Still Sizzling At 5.5%) June 2, 2023 7:55 pmJune 2, 2023 1:35 pm
The US debt must be refinanced at 5% interest rates in less than two years, up from 0% just 15 months ago. Treasury Department auctions $15 billion worth of one-day cash management bills. June 2, 2023 7:56 pmJune 2, 2023 1:08 pm
The Storm Before The Storm: The U.S. economy is in dire shape, with inflation, layoffs, housing bubble implosion, and more homeless encampments. June 2, 2023 7:56 pmJune 2, 2023 1:18 am
For The First Time Ever, Low Unemployment Is Positively Correlated With Low Consumer Sentiment June 3, 2023 11:33 amJune 2, 2023 12:41 am
