Independent thinking for complex markets and current events
Las Vegas tourism needs to be boycotted American is at an MGM property and shows the prices on the menu – The cheapest steak is $87 – Ribeye is $138 – His glass of Cabernet wine was $37 Every price on this menu is outrageous. “The price gouging of MGM is just insane. Insane. Like, …
It’s hard to ignore the everyday reality we’re living in. When you go to the store and see your coffee, eggs, or beef prices skyrocket, you can’t help but feel that something’s off. We’re constantly told the numbers don’t match up — inflation is “only” 3.75% for coffee, 25% for eggs, but reality paints a …
by confoundedinterest17 As Bidenomics (why Biden would brag about massive inflation in energy, food and shelter is beyond me), lurches forward, we have another shred of lousy economic news: US mortgage purchase demand fell -19% from the previous week and is how down -53% under Bidenomics). Mortgage applications increased 0.9 percent from one week earlier, …
