Independent thinking for complex markets and current events
by confoundedinterest17 This morning I wrote about the Renter’s Misery index with rents spiralling out of control for the middle class and low wage workers. Now let’s switch focus to the restaurant business which are suffering under Biden’s reign of economic error. Two years of negative real wage growth, depleted savings, mounting credit card debt, …
by confoundedinterest17 Okay, Joe Biden was generally regarded as the dumbest member of the US Senate and mean-spirited (I won’t repeat podcaster Joe Rogan’s opinion of Biden). Now we realize how brazenly corrupt Biden is (taking bribes from China and Ukraine to influence American poliicies). Not only is Biden an attrocious human being, but his …
by confoundedinterest17 Welcome to the Bidenville Mortgage Depot! Where Bidenflation (caused by idiotic energy policies, crazy Fed money printing and insane Federal spending) has caused The Fed to raise rates crushing the US mortgage market. Mortgage applications decreased 1.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications …