Independent thinking for complex markets and current events
“For the first time since the 2020 pandemic buying a home has become more affordable: US homebuyers now need to earn $115,454 annually to afford the median-priced home with a 15% down payment. This is down 1.4% year-over-year, marking the first annual decrease since June 2020, when mortgage rates were below 3%. The drop came …
The Shelter Consumer Price Index (CPI) has indeed increased by 5.2%, marking the 29th consecutive month of housing inflation above 5%. This is the longest period of elevated housing inflation since the early 1980s. Rising shelter costs continue to be a significant factor in overall inflation, impacting affordability for many households. h/t Perfect_Alarm_2141
"The Employee Motivation and Commitment Index fell 21 points in August, the largest month-over-month decline in data going back to January 2022 … [but] the index remains above its two-year average of 109."@ADP pic.twitter.com/KukCKTwbir — Daily Chartbook (@dailychartbook) August 21, 2024 The Employee Motivation and Commitment Index is a measure used to gauge how motivated …
It's Going to Be Different This Time (Really) Markets expect fed funds cuts, but they'll stop above 3% pic.twitter.com/uDx3LbGTuP — Win Smart, CFA (@WinfieldSmart) August 14, 2024
Redfin CEO’s shocking mortgage rate comment. Related: Airbnb down 25% in a month; CEO Chesky deletes “buy” post That's illegal of course. Real estate hasn't had their correction yet in many areas. — floridanow1 (@floridanow1) August 8, 2024 Chink in the housing market armor? The share of listings w/ price drops just broke 7%, …
Gold prices refuse to sustain below $2,400/ounce The market is prepping for its next leap higher. Only a general market liquidity-crash can slow the bull down pic.twitter.com/14NTpO2Hvl — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) August 8, 2024 Inflation-adjusted US government spending in less than 4 years now exceeds the combined spending of: – World …
https://www.marketwatch.com/investing/index/vix?mod=home-page https://www.marketwatch.com/investing/fund/uvxy?mod=mw_quote_recentlyviewed BREAKING: The volatility index, $VIX, is now trading above 65, a level only seen 2 previous times in history. The only 2 times the $VIX has traded above 65 were the 2020 Pandemic and 2008 Financial Crisis. This puts the $VIX up a whopping 550% from its July 2024 lows. As a… pic.twitter.com/qH6oVJDXzz …
Tennessee boutique owner says giant Biden campaign sign above store caused sales to plunge, sparked ‘nasty’ threats https://t.co/hR9koW4OXQ pic.twitter.com/GYEKNqcASs — New York Post (@nypost) July 18, 2024 It’s a sign of the times. A Tennessee boutique owner wants landlords to remove a giant Joe Biden campaign banner from above her shop — saying it caused …
BREAKING: House Defeats Resolution Holding Garland In Contempt – Here are the Four GOPers Who Voted NO As the Gateway Pundit previously reported, Rep. Anna Paulina Luna (R-Fl) informed fellow lawmakers of her intention to introduce a resolution compelling the House sergeant at arms to detain Attorney General Merrick Garland and present him before the …
And for those who love comparing $NVDA with $CSCO in 2000, sorry but $NVDA is above and beyond the level of insanity reached 20+ years ago… https://t.co/bcxRORbKEP pic.twitter.com/MMcqlOS3OT — JustDario 🏊♂️ (@DarioCpx) July 2, 2024 Nvidia Nefarious price action . Carnage visits soon pic.twitter.com/nDDulzSDrN — The Great Martis (@great_martis) July 2, 2024 INSANITY IS AN …
For the 38th consecutive month, CPI came in above 3%. That’s the longest period of high inflation since the late 1980s to early 1990s. byu/Perfect_Alarm_2141 ineconomicCollapse The Consumer Price Index (CPI) has been on the rise. As of April 2024, the CPI in the United States has been consistently above 3% for 38 consecutive months. …
An official from the Department of Justice (DOJ) told House Speaker Mike Johnson (R-La.) in a letter that Attorney General Merrick Garland will not be prosecuted for contempt of Congress because his refusal to hand over audio recordings of President Joe Biden’s interview with a prosecutor did not amount to a crime. In the letter, …
Half of all US renters are renting above what they can afford Red denotes rent prices greater than 50% of their income pic.twitter.com/Y1ogVCY0CT — Michael Burry Stock Tracker ♟ (@burrytracker) May 24, 2024
Cmon people, we can get this above 50%! pic.twitter.com/H5QwmlGh1g — Robin Wigglesworth (@RobinWigg) May 15, 2024
Tomorrow is the last day of the month and junior miners are about to make a monthly close above a 13-year resistance. Keep in mind that gold is also about to reach another record level in its monthly prices. pic.twitter.com/kntqQjOayN — Otavio (Tavi) Costa (@TaviCosta) April 29, 2024 Tavi Costa: The “perfect storm” for gold miners …
by betsharks0 In this case, the interest rates on 10-year bonds higher than s&p It could suggest that people are becoming less worried about the immediate future compared to the long-term outlook. IN RECESSION Scenario: If the yield curve is normalizing during a recession, might be due to the belief that the worst of the …
Despite expectations of inflation tapering, the Federal Reserve’s favored inflation gauge surpasses 8%, highlighting ongoing economic strains. March’s Consumer Price Index (CPI) records a significant uptick at 3.5%, the highest since September 2023, with Core CPI outperforming forecasts for four consecutive months at 3.8%. Amidst this backdrop, concerns loom over the sustainability of rising power …
Earlier this month, a sudden atmospheric warming event caused the Arctic’s polar vortex to reverse its trajectory. The swirling ring of cold air is now spinning in the wrong direction, which has triggered a record-breaking “ozone spike” and could impact global weather patterns. The polar vortex circling the Arctic is swirling in the wrong direction …
Former Treasury Secretary Larry Summers put out a tweet thread on February 27, 2024 highlighting his participation in a new paper estimating a more accurate Consumer Price Index (CPI) cost of living estimate for the US. What is sure to jolt many is that Summers paper estimates the real cost of living increase peaked in …
IF (and only if) Trump’s returns showed some crimes? Then he’d be a “whistleblower”. But they didn’t, they showed Trump paid his fair share or even more since several accountants said he could have shaved a few hundred K off the total. Remember (if this is the same one) the Media screaming how Trump “paid …
The used car market is in a curious state as prices have continued to fall precipitously in the early part of 2024, but they have yet to reach pre-pandemic levels due to higher-than-usual demand. Data from the first 15 days of February indicates a substantial decline in prices for wholesale used vehicles, accounting for variations …
by theSilverVigilante This isn’t sustainable. Once debt to GDP goes above 90% it’s impossible to go back. We’re currently at 125%. “In 1994, the US GDP was $6.4Tr and the Federal debt $4.4Tr for a respectable debt-to-GDP ratio of 68%. Today the debt is going to cross the $35Tr mark in the next month, while GDP …
Regardless what politicians and central bankers say, they need inflation, otherwise the system would collapse under weight of debt and interests pic.twitter.com/EcCacNpwXB — Michael A. Arouet (@MichaelAArouet) February 16, 2024 PPI Inflation was Above Expectations pic.twitter.com/AyjoE7Zc63 — Disruptor 📼 (@DisruptorStocks) February 16, 2024 Spring is Coming Mortgage Rates still 7.14% pic.twitter.com/BQL6M5IUdR — Disruptor 📼 (@DisruptorStocks) …
Stocks rose Monday as investors built on the previous session’s historic move to record highs. The Dow Jones Industrial Average climbed 138.01 points, or 0.36%, to finish at 38,001.81. Monday’s gains pushed the blue-chip average to a new record and above the 38,000 level for the first time. The S&P 500 added 0.22% to 4,850.43, …
BREAKING: December CPI inflation rate RISES to 3.4%, above expectations of 3.2%. Core CPI inflation fell to 3.9%, above expectations of 3.8%. This is the 33rd consecutive month with inflation above 3% and first jump since September. Can the Fed really pivot right now? — The Kobeissi Letter (@KobeissiLetter) January 11, 2024 Breaking down the …
A record 10% of the population in Japan are now above 80 years old. This percentage has moved in a straight-line higher for years now, up from 7.5% over the last decade. By comparison, just ~4% of the population in the United States is above 80 years old. As a result, Japan's… pic.twitter.com/YJJ1rnloQZ — The …
MASSAPEQUA – Police in Nassau County, Long Island said a 21-year-old dog daycare employee in Massapequa was seen on video swinging multiple dogs above his head, using their leash, and then letting them fall to the ground. Andrew Laurendi was arrested Sunday night and charged with animal cruelty and torturing or injuring an animal/failure to …
The current scenario is indeed remarkable: the Nasdaq 100 to Russell 2000 ratio has surged to unprecedented levels, now sitting 10% above its 2020 peak and 6% above its 2000 peak. This is incredible: The Nasdaq 100 to Russell 2000 is now 10% above its 2020 peak and 6% above its 2000 peak. In other …
by confoundedinterest17 Another day, another dose of bad fiscal/monetary news. Not surprising with the US Treasury being run by Janet Yellen, who doesn’t seem to know much economics. In fact, with Biden/Congress spending like drunken sailors in port, inflation and The Fed’s counterattack, we see that interest of US debt just hit $1 TRILLION! $1.027 trillion in interest …
JPMorgan’s CEO Criticizes Central Banks for ‘Dead Wrong’ Forecasts Jamie Dimon of JPMorgan lambasted central banks for their glaring past forecasting errors, casting doubt on their ability to navigate the looming economic uncertainties. He drew a grim parallel between today’s economic situation and the wasteful 1970s, while dismissing the potential impact of rate …