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by confoundedinterest17 Did Jerome Powell and The Federal Reserve push markets too hard? Sales of existing single-family houses, townhouses, condos, and co-ops that closed in January dropped by 4.9% from December, seasonally adjusted, to an annual rate of 4.08 million sales, according …
by confoundedinterest17 The third revision to Q3 Real GDP was a doozy! Based on updated consumer spending, Q3 Real GDP was revised to an annual rate of 4.9%. Real gross domestic product (GDP) increased at an annual rate of 4.9 percent …
China’s economy is teetering at a “critical stage,” expanding a modest 4.9% in Q3, below the five percent target. The aftermath of draconian Covid measures persists despite their removal in 2022. Surprisingly, an economic model reliant on debt-fueled construction faces …
by Chris Black No joke: I’d rather give the money to Barbados than to Ukraine and Israel. It’s not an option to spend the money on our own people, so give it to Barbados. At least they’re probably fri… Continue …
The apparent contradiction of +4.9% GDP growth amid concerning economic indicators raises questions about the true source of this growth. Notably, spiking continuing claims in unemployment and the drop in UPS shares, driven by decreased package demand and a collapse …
Grocery prices rose 3.6% for the year, higher than the overall 3.2% increase of consumer prices, per CNN. Food altogether, including menu prices, went up 4.9%. — unusual_whales (@unusual_whales) August 15, 2023 Food and Gas Prices Continue to Rise, Putting …