consecutive Archives - Page 2 of 2 - Citizen Watch Report

American average credit card balance is $7,300, median household savings $5,300, and delinquency rates rise 6 consecutive quarters. We are “fighting” inflation with credit cards.

August 1, 2023 8:41 pm

For the first time in history, total credit card debt is about to cross $1 trillion. Since Q4 2020, total credit card debt is up over $200 billion. Americans currently hold a record $986 billion in credit card debt. 2/7 pic.twitter.com/L2cfwDWWEY — The Kobeissi Letter (@KobeissiLetter) August 1, 2023 According to a survey conducted in …

Today’s reversal for the Dow caused media pundits to question why it didn’t have a record 14th consecutive up day.

July 27, 2023 7:12 pm

A very ugly reversal for stonks today. Media pundits scrambled to figure out why the Dow didn't have a record 14th up day in a row. Probability .00001%. When it's going to happen it happens, and media bystanders attach a headline, to seem intelligent. pic.twitter.com/QVQqpuOsgN — Mac10 (@SuburbanDrone) July 27, 2023 Another significant selloff in …

Richmond Fed manufacturing index shows sector contracting for 10th consecutive month.

July 25, 2023 11:24 am

Richmond Fed manufacturing index showed the sector contracting in the district for the 10th month out of the last 12. This data looks more stagflationary then a substantial recession, still. Actual -9, previous -8 pic.twitter.com/D82XqiDoRm — Don Johnson (@DonMiami3) July 25, 2023

Recession: It’s Already Here! US Household Net Worth Growth Goes Negative For 3 Consecutive Quarters (Worse Growth Since The Great Recession And Financial Crisis)

July 8, 2023 10:58 pm

by confoundedinterest17 To quote Bill Paxton’s character from Twister: “It’s Already Here!” The feared recession, that is. The year-over-year growth rate in Household Net Worth has been negative for 3 consecutive quarters, the worst growth since The Great Recession and Financial Crisis of 2008/2009. Of course, the Biden family household net worth is off the charts. …

Bidenomics? “We Created More New Jobs In Two Years Than Any President Did In Their Entire Term” … Except Trump! (25 Consecutive Months Of NEGATIVE Real Weekly Earnings!, 10Y-2Y Yield Curve Crashing)

July 1, 2023 9:56 pm

by confoundedinterest17 Yes, Resident Biden, our bumbling, corrupt “leader” said “We created more new jobs in two years than any president did in their entire term.” Of course, like almost everything that comes out of Biden’s mouth was a lie. Actually, the US economy added 12.53 million jobs after April 2020 (Trump) while Bidenomics created …