Independent thinking for complex markets and current events
This fall, typical new car broke $50,000 barrier; ‘We don’t have $300 monthly payments any longer’ The price of new cars and trucks in the U.S. has increased 33% since 2020, and consumers are piling on interest as they stretch out loan terms to eight, nine and nearly 10 years. David Kelleher, who runs a …
Source: Politico “The same tariffs democrats said would cause a “Depression” are now saving their failed programs. $450M was deployed Friday, on top of $300M earlier this week, per POLITICO.” 🚨JUST IN: President Trump just used $750 million in tariff revenue to keep food assistance running for women, infants, and children during the democrat shutdown. …
“As soon as mortgage rates drop demand is gonna SURGE.” I think it’s time to face facts kiddos, most of the “pent up demand” was just investors who have moved on to greener pastures. Buyers aren’t waiting for lower rates, they’re waiting for lower prices. Mortgage Rates Hit 17-Month Lows, But ‘Homebuyers Are Staying Patient’ …
Key points: Over 750,000 households with average incomes exceeding $312,000 benefit from student loan forgiveness. Biden’s student loan forgiveness totals $153 billion, funded by taxpayers. Penn Wharton’s analysis estimates Biden’s relief plans will cost an additional $84 billion. Biden continues paying off successful young voters: Sorry, I mean “forgiving student debt.” Biden this …
What is going on in our nation’s waterways? First, it’s the goods and supplies, now it’s the food. BREAKING: A company just spewed so much chemical fertilizer into a river in Red Oak, Iowa and Missouri that it has killed almost 800,000 fish over 60 miles. so far … 🚨🚨🚨 pic.twitter.com/5q6KWZwLCI — Wall Street Mav …
They always know. When is that insider trading law coming? — floridanow1 (@floridanow1) February 28, 2024