Independent thinking for complex markets and current events
Auto loans are fucked pic.twitter.com/SkOzrOrzsx — Darth Powell (@VladTheInflator) October 28, 2023 Car Owners Fall Behind on Payments at Highest Rate on Record The risk of vehicle repossession is rising for many Americans facing a budget crunch. Americans are falling behind on their auto loans at the highest rate in nearly three decades. With interest …
by John-Wetter-2310 ‣ United States 10-Year Treasury Yield hits 4.86%. The 10-year yield is used as a proxy for mortgage rates and is also seen as a sign of investor sentiment about the economy. ‣ United States Prime Rate hits 8.5%. The United States Prime Rate is the interest rate that banks charge their best, most creditworthy customers. ‣ The …
by TonyLiberty The housing market is in a difficult state, with low inventory, high mortgage rates, and high prices making it difficult for buyers to afford homes. Despite aggressive interest rate hikes by the Federal Reserve, home prices have remained high. First-time homebuyers are having difficulty competing with investors, who are able to make all-cash offers …
This chart shows the Ten Year Yield where 40 = 4.0%. Currently at 4.65%. View post on imgur.com Bloomberg today: "Rates aren't rising because of inflation, they're rising because of the bond market" Looks like they finally woke up to the truth 👇 — Financelot (@FinanceLancelot) September 28, 2023 Rates aren't rising because of inflation… …
Vice President Kamala Harris said young people aren’t buying homes because of “climate anxiety,” not mentioning the sky-high interest rates under her boss, President Joe Biden. “Young leaders” suffer from “climate anxiety,” which is “their fear about … whether they should have children, whether they should ever think about buying a home for fear …
President Biden showed his age at a campaign reception in Manhattan Wednesday — repeating statements about the 2017 Charlottesville riot and his decision to run for president in 2020 minutes apart and nearly word-for-word. During remarks at the gathering hosted by billionaire real estate heiress Amy Goldman Fowler, the 80-year-old president recounted how he was …
US donations to Lahaina, Hawaii: $700 USD — Champagne Joshi (@JoshWalkos) September 13, 2023 pic.twitter.com/nGZBCkwRsP — Paul Hookem (@PaulHook_em) September 13, 2023
JPMORGAN: “.. there is now a higher likelihood of a crisis over the next 6 to 12 months, the severity of which could be higher than [markets] anticipate. Risks of an interest rate shock .. are clear: consumer credit .. funding of startups .. impact on employment ..” [Kolanovic] pic.twitter.com/PvXkzsZA2Z — Carl Quintanilla (@carlquintanilla) September …
by 2201992 Why aren’t the fact checkers fact checking these posts? It’s truly fascinating what posts get tagged as “misleading”. Yet obvious lies like this don’t get fact checked by Big Brother. https://twitter.com/Breaking911/status/1697337341411578200
‘It Is A Risky Proposition’: Homeowners Are Skipping Out On Insurance As Premiums Skyrocket Some Americans are choosing to go without home insurance as the cost of premiums continues to rise, according to The Wall Street Journal. Over the past three years, many people who have paid off their mortgage or inherited a home have …
Stocks reversed lower on Thursday as another blowout quarterly earnings report from Nvidia (NVDA) couldn’t overcome new comments from the Federal Reserve suggesting interest rates will need to remain elevated for a long period of time to bring inflation down. The Nasdaq Composite (^IXIC) closed Thursday’s trading session down nearly 1.9% while the S&P 500 …
A government shutdown on Oct 2nd could trigger a series of bank runs as furloughed government employees + regular customers pull deposits to pay bills. These banks are already pushed to the brink. A failure to pass the 12 appropriations bills will have "unforeseen" consequences. https://t.co/gGJD4yrHah — Financelot (@FinanceLancelot) August 22, 2023 BREAKING: S&P downgrades …
This is actually hilarious to watch.🤣 — Wall Street Mav (@WallStreetMav) August 20, 2023
by DesmondMilesDant It’s like in 2007 when they kept eating junk as AA when really it was just D Give in a few months
The news that the government may be in possession of “nonhuman” biological matter and UFOs was met with surprising apathy online. The announcement spawned a lot of memes, but many of them signaled how disinterested users are with the findings. https://t.co/Lkudu6WlyN — NBC News (@NBCNews) July 29, 2023 Because you're all fucking lying pieces of …
by Dismal-Jellyfish I would like to review a few items this morning: Commercial deposit withdrawals Bank Term Funding Program (BTFP) making up for gaps Todays notice from FDIC banks aren’t correctly reporting the amount of deposits they have that aren’t covered by federal insurance*. \When banks incorrectly report uninsured deposits, it could create a perception …
People keep responding, “This is due to a decline in the number of people who are marriage material” Are young people in America really on a serious slope of decline in terms of character and relationship skills, or do we have higher standards compared to prior generations? — Amy Nixon (@texasrunnerDFW) July 5, 2023 Everything …
They aren't even hiding it anymore. Drag queens and trans activists chant "we’re here, we’re queer, we’re coming for your children." https://t.co/xljQviq32C — Ian Miles Cheong (@ianmiles) June 24, 2023 https://twitter.com/ClownWorld_/status/1672415953886523392
Isn't that bribery? — Lilith 🙏❤ ✝ In God we trust (@GodarmyofAngel) June 22, 2023 💣Truth Bomb💣 At the end of the day, John Durham said the quiet part out loud. pic.twitter.com/EbKQFlJNqq — SweetPeaBelle (@SweetPeaBell326) June 22, 2023 h/t Coorslightly
via wired: The size and scope of the government effort to accumulate data revealing the minute details of Americans’ lives are described soberly and at length by the director’s own panel of experts in a newly declassified report. Haines had first tasked her advisers in late 2021 with untangling a web of secretive business arrangements …
by Chris Black Biological front-holes are so weak. Truly pathetic creatures. Here’s Paige Onweller, who came in 🥈to Killips, talking about her race. pic.twitter.com/QTxNZTjkJ3 — 🚲 (@i_heart__bikes) June 11, 2023