Independent thinking for complex markets and current events
by LegalDragonfruit1506 -Unemployment rate is low -Lots of job openings are being reported Almost 1/4 of Harvard MBA grads are unemployed. A recession is coming and the current administration is going to be holding the bag. https://www.edexlive.com/campus/2025/Jan/21/over-23-of-harvard-universitys-mba-graduates-unemployed-report
by PrestigiousCat969 Nasdaq 100 Index has nearly doubled since the start of 2023. It’s has gone 467 sessions trading above its 200-day moving average — the second-longest streak since the index’s inception four decades ago, according to data compiled by Bloomberg. The gauge trades about 10% above that long-term support level, a signal of relative stability …
It’s a troubling reality that underscores the growing divide between the wealthy elite and the struggling majority. tick tock pic.twitter.com/FflitwaJ3G — Darth Powell (@VladTheInflator) January 23, 2025 The bottom 50% of households hold 2.4% of US wealth, per Bloomberg. — unusual_whales (@unusual_whales) January 23, 2025 https://twitter.com/MichaelMOTTCM/status/1882758630866575474
It’s not always the greatest thing to play the comparison game with people, but in this case it might actually be beneficial. That’s because the average person is not doing to well with their finances and if you are even slightly above average, it can give you the motivation to keep pushing further and if …
U.S. taxpayers may be in line to receive a stimulus check by the end of January if they did not claim the Recovery Rebate Credit on their 2021 tax return, the Internal Revenue Service (IRS) announced. The IRS said the decision came about after reviewing internal data which showed eligible taxpayers who filed a return …
The Biden administration just approved a wind farm project off the coast of Massachusetts. It’s the eleventh commercial-scale wind project of its kind to get approval and comes at a key moment for the sector, as President-elect Trump, a frequent critic, prepares to take office. Miles O’Brien reports.
My take is that 30yr mortgage is in a pause before heading higher. — Alistair (@kiwiangloameric) December 21, 2024 BREAKING: 30 year average US mortgage rates are above 7% again, per Mortgage News Daily. — unusual_whales (@unusual_whales) December 21, 2024 $500 billion for 5 days? 🤨 https://t.co/RkcFxJ0OGq pic.twitter.com/NXfcFpSr3f — Financelot (@FinanceLancelot) December 21, 2024 Extremely …
And they’re fixing to go even higher in California in 2025… Gasoline Taxes, Water and Sewer Rates, Natural Gas and Electricity Rates, and God knows what else… Ain’t Democratic Communism Great? pic.twitter.com/S88uc5bn75 — Scott Langhoff (@67868DV) December 16, 2024
And then die bankrupt from medical debt. h/t TonyLiberty
So why are we at all time highs? pic.twitter.com/wxMt4agzwH — JettBlast (@JettBlast00) December 15, 2024 🚨BUY-EVERYTHING ON LEVERAGE MANIA IS A WARNING🚨 Leveraged ETFs volume on US single-stocks hit $84 BILLION last week, the most on record. This value has DOUBLED in just a few weeks as trading speculation has hit insane levels.. 👇https://t.co/CLOnsa8mwt — …
(By Carleen Johnson at The Center Square)—The average American household credit card balance as of the third quarter of 2024 was about $10,757 after adjusting for inflation, according to a new study. The personal-finance website WalletHub on Friday released its new Credit Card Debt Study, which found that consumers added $21 billion in debt during …
MSNBC had one of its worst days in two decades last week as the liberal network continues to struggle on the heels of President-elect Donald Trump’s victory over Vice President Kamala Harris. On November 26, MSNBC had the lowest-rated, non-holiday weekday among the advertiser-coveted demographic of adults aged 25-54 in 20 years. MSNBC managed only …
🚨Toronto's New Condo Market Collapses Sales down 84%, future supply at risk as builders face soaring costs. This looks bleak….. So let's get at! THREAD🧵 pic.twitter.com/S4i9PC2z3v — Shazi (@ShaziGoalie) November 22, 2024 2/ 🏢 Condo prices drop: Down 1.6% year-over-year amid frozen buyer activity. — Shazi (@ShaziGoalie) November 22, 2024 4/ 🕒 Inventory levels climb: …
According to new research from Clever Real Estate, a St. Louis-based real estate company, homebuyers spend an average of $31,975 in homebuying expenses, such as closing costs, repairs, and moving, in addition to their down payment. The costs are broken down into the following: Repairs and renovations: $13,498 Furniture, fixtures, and appliances: $6,446 Closing costs: $4,754 …
Former asset manager @DowdEdward drives this point home, highlighting that real wage growth is at negative 2%. What this means in simple terms is that people have 2% LESS buying power through their wages than they did just a year ago. This economic reality paved the way for Trump’s victory because no matter how much …
The average age of homebuyers in the U.S. has risen by six years since July 2023 — another sign that younger Americans are being priced out of the market due to escalating ownership costs. The average age of homebuyers is now 56, up from 49 in 2023, according to the National Association of Realtors’ annual …
Nvidia Mania. RECORD distance from 36 month moving average unwinding. Peak FOMO most likely behind us. Lots will get trapped.#nvidia #nvda #capitalrotation pic.twitter.com/6InMkiQ97i — Patrick Karim (@badcharts1) November 2, 2024 Who want's to address the elephant in the room? Forecast added. pic.twitter.com/pXhe3FMeAi — The Great Martis (@great_martis) November 2, 2024 Speculators boost bullish bets on …
Bitcoin and cryptocurrency transactions generally incur an average fee of around $6.95, translating to approximately 0.07% of the transaction value. However, this fee can rise significantly during periods of high network congestion, making it variable. In comparison, credit card transaction fees for merchants usually range from 1.5% to 3.5%, with an average fee of about …
Considering that the assumed skew in the RCP average historically is about +2.5 towards the Dem candidate, it’s all over for Kamala’s chances now. In 2020 Biden was leading the RCP avg of all these battleground states except NC, and most of them by a wide margin. It’s gonna be about 312 Trump to 226 …
by Mike Shedlock The BLS defines full-time as 35 hours. That means the average person works part-time. Average Weekly Hours vs Year Ago Total Private: 34.2 Down 0.2 Manufacturing: 40.0 Down 0.1 Construction: 39.2 Up 0.1 Production and Nonsupervisory: 33.7 Down 0.1 Retail Trade: 29.5 Down 0.3 Leisure and Hospitality: 25.3 Down 0.4 Total private …
RALEIGH, N.C. — With many western North Carolina residents still lacking power and running water from Hurricane Helene, a hearing began Monday on the insurance industry’s request to raise homeowner premium rates statewide by more than 42% on average. A top lieutenant for Insurance Commissioner Mike Causey opened what’s expected to be multiple weeks of …
CNBC:The wave of young people buying homes will be a tailwind for builders https://www.axios.com/2023/11/20/american-housing-market-older-homeowners-2023 h/t stockpreacher
I thought the patient protection and affordable care act was supposed to help….according to this graph it looks like business as usual. Its almost like no matter which side is in control they dont seem to want to help us with these rising costs. h/t IAmNotAnEconomist
Allstate Corp. is set to increase home insurance rates for California customers by an average of 34.1%, marking the biggest jump in premiums for a major insurer in three years as the state faces a deepening property insurance crisis. The rate hike, which will take effect from November, will impact about 350,000 policyholders across California. …
People working on the C-level of non-profits are generally overpaid. Just look at how much this guy made. This is where your donations go to besides advertising which then goes back to MSM lying to you. 🤷♂️ pic.twitter.com/Alw35UAoPi — 🐶PlanÐ🐕 (@1TrillionUSDoge) August 23, 2024
"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 …
With housing taking up so much income, it’s no surprise income needs to be that high to live comfortably. https://t.co/54chaQOUr6 — Reef Insights (@ReefInsights) August 20, 2024 Shocking stat of the day: A record 8.5% of homes in the United States are now worth $1 million or more. Over the last 4 years, this share …
