Independent thinking for complex markets and current events
via CNBC: Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units, according to the National Association of Realtors. It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down …
Biden can pretend this economy is improving, but the lived experiences of Americans tells a different story People talk to me & I haven’t heard this many financial troubles in years Layoffs, debt, struggles to buy food & pay bills People are struggling The recession is here — DC_Draino (@DC_Draino) November 13, 2023 To Biden, …
China’s economic landscape appears fraught with concerns as the rebound in consumption stalls and private business confidence loses momentum. In October, key indicators like the QuantCube Technology recreation and transport demand measure and the Morning Consult consumer sentiment survey recorded troubling declines. Furthermore, the Cheung Kong Graduate School of Business poll echoed this sentiment, indicating …
📌Flow Emerging market assets experienced significant outflows, reflecting a notable decrease in investor confidence and a shift towards safer investment options👉 https://t.co/JKtv1wBK8o ht @BoFAML #markets #emergingmarkets#emergingmarket #debt #stockmarket #equity #equities pic.twitter.com/tnS8ympaOu — ISABELNET (@ISABELNET_SA) October 16, 2023
Biden’s economic blunders sending America into a tailspin: Recession fears, skyrocketing inflation, and a sleepy president ignoring it all while you struggle to afford gas and groceries.
“Over 60,000 realtors have left the industry over the last 6 months, according to data from the National Association of Realtors” “Tens of thousands of real estate agents are giving up on the profession, thinning their pandemic-era ranks as the housing market comes back to earth. Why it matters: Realtors are on the ground floor of …
via FT: September 14 – Financial Times (Laura Noonan): “Private equity and private debt executives are too laid back about the mounting risks in their industry, the chair of the top organisation representing securities regulators warned…, as it published new research on vulnerabilities in the $13tn market. The International Organization of Securities Commissions (Iosco) said private finance …
Credit conditions are likely to worsen in H2 2023 Commercial bank deposits have been contracting sharply, pointing to a decline in lending pic.twitter.com/L2HRt5ZT1n — Bravos Research (@bravosresearch) August 30, 2023 High bond yields imperil America’s financial stability Don't forget, $140 billion in OCE loans by these banks are required to be paid back to the …
by Martin Armstrong Britain’s four largest banks have reported that clients have withdrawn £78 billion, marking the steepest bank run since 2018. NatWest, Barclays, Lloyds, and HSBC all reported significant withdrawals in the 12 months leading up to June 2023. Worsening matters, the House of Commons Treasury Committee accused the four banks of “blatant profiteering” and “squeezing …
A new poll found American’s confidence in the U.S. military to be the lowest it’s been in two decades. American politicians’ confidence in defense contractors seems to be at an all-time high based on the stocks trades we've seen. pic.twitter.com/hhqM0aVPGD — Quiver Quantitative (@QuiverQuant) July 31, 2023
US consumer confidence is soaring to a two-year high as a robust job market and easing inflation foster renewed optimism. pic.twitter.com/hbr0xT2Agm — Quiver Quantitative (@QuiverQuant) July 25, 2023 https://finance.yahoo.com/news/consumer-confidence-hits-highest-level-in-two-years-155813210.html We shall see how confident many consumers are when student loan payments resume. My bet is that stores valuing low prices will be able to ride …
by Martin Armstrong Despite the cheering from the Washington Post, CNN, NY Times, and the rest of the anti-Democracy press that supports their stringent demands upon the nation, my phone has been in meltdown ever since Trump was arrested. These leftist zealots are cheering the end times for EVERY phone call I have had from …