Fiscal Cliff Explained
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 …
cliff
We’re going off a cliff…
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 …
The construction industry could be next to see employment fall off a cliff… and then the dominoes continue on…
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. …
The US labor market is facing challenges, with job openings falling off a cliff, a trend that has only occurred three times since 2000. Leading economic indicators strongly point to a recession.
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 …
Bob Moriarty: The stock market is on the edge of a cliff… Michael Pento: We’re set up for another collapse of the real estate market… Rick Ackerman: Stock markets ripe for an October “Surprise”
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 …
Credit Card Loans Delinquency Rate Highest in 10 years – The “resilient consumer” is slowly but surely closing in on the cliff
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. …
Real Estate sales has fallen off a cliff. 10 year yield above 4%!
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 …
880k homeowners to fall off mortgage cliff with costs to rise by up to $24k a year
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 …