Independent thinking for complex markets and current events
Overnight Reverse Repo falls ~48% in one day?!? pic.twitter.com/ceRcSFQVm0 — Loren Boston THE FIAT WORLD IS WORRIED (@LorenBoston) February 4, 2025 Falling 49% in one day is unprecedented. It means sources of market liquidity are drying up quickly. When RRP falls to zero, and as the Fed continues to decrease its balance sheet (sell USTs), …
by confoundedinterest17 Well, its that time of year again. Mortgage applications drop to their lowest levels after Christmas until New Years Eve. Then mortgage applications pick up in the new year. Mortgage applications decreased 21.9 percent from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending …
Go ask the Democrats. Be warned, once you detach from regular people in America, you will pay a price Fox Sports analyst Colin Cowherd has claimed the NBA and the Democrat party share an issue when it comes to losing supporters. Despite signing a 11-year, $76 billion TV deal with Disney, NBC and Amazon this …
Home sales in Miami, FL have collapsed. Down 48% from their pandemic peak. Miami has experienced the largest drop in buyer demand of any large metro area in the last 3 years. Prices in Miami are still high. But could start dropping in 2025 as a result of this monumental collapse in demand. Home sales …
via CNBC: During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers are shifting their focus to less expensive models. Finding one, however, might not be easy. More shoppers are opting for vehicles that fall in the $45,000-$50,000 range, the price point of mid-to-high-trim three-row …