Independent thinking for complex markets and current events
Likely you’ve seen this but let’s hit it one more time. People can’t fathom the amount of debt the country is in and this is a little visual aid to help. DISCLAIMER: Numbers may not be up to date but it’s the thought that counts! h/t Txstyleguy
he current situation, with slowing economic growth and higher borrowing costs, means we should be careful as a crisis might be on the horizon. https://twitter.com/FinanceLancelot/status/1713741867634876868 "We’re now at the point where we’re going to see the impact of these hikes really start to play out,” Citadel’s Ken Griffin has said. pic.twitter.com/mq28AidW5i — unusual_whales (@unusual_whales) October …
With no materials being delivered, the construction industry could be next to see employment fall off a cliff. The projects that were keeping blue collar workers employed are finishing up and coming to an end with no new projects starting. And then the dominoes continue on… — Modern Day Jedi (@Modern_Day_Jedi) October 15, 2023 PAUL …
Yep this is one of the many metrics falling down in the labor market pic.twitter.com/fzMC6yWFGE — RecessionALERT (@RecessionAlert) October 12, 2023 Warning: The probability of a recession in 2024 is now over 60% This level has been seen only 2 times since 1960 Both times, it ended in severe economic downturns While the Fed still …
via energyandgold: In this month’s conversation with 321gold founder Bob Moriarty we discuss the negative investor sentiment in the junior mining and commodities sectors. Bob also believes that investor sentiment on the US stock market has reached frothy levels, and the broader stock market is set up for a crash as soon as September. We then delve …
Delinquency Rate on Credit Card Loans, All Commercial Bank. The “resilient consumer” choochoo train is slowly but surely headed towards the cliff. We have been saying it almost forever, but the train is closing in slowly for the big crash. NORDSTROM: “.. we have seen delinquencies rising gradually and they are now above pre-pandemic levels, …
by AC Folks, homes are not selling right now.. we had an ok q1 and up to 4 weeks ago things were selling. In most areas I cover we might sell 1-3 homes a week, normally 20+ 10 year yield above 4%! Real estate is still in troubles, new cuts are coming pic.twitter.com/ueubWaam1G — Alessio …
by Simian_Stacker Nearly a million Aussie borrowers about to learn the difference between “homeowner” and “mortgage payer”. via news.com.au: Hundreds of thousands of Aussies are bracing to fall off a ‘mortgage cliff’ which could cost them as much as an extra $24,000 a year. On Tuesday, Australia’s central bank increased interest rates for the 12th time …