A hub for independent voices and hard truths
by Mike Maharrey After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. The growth of revolving debt, primarily reflecting credit card debt, has been slowing …
Authored by Mike Shedlock via mishtalk, Consumer Sentiment as measured by University of Michigan drops slightly. University of Michigan Consumer Sentiment Please consider the Preliminary University of Michigan Sentiment Report for October. Overall, consumers perceive very few changes in the outlook for …
Authored by Mike Shedlock via mishtalk, Consumer credit is weak in nominal terms and negative in real terms. Nominal Consumer Credit, Data from the Fed, Chart by Mish Nominal consumer credit has started to flatline. In real terms, credit is …
pic.twitter.com/pVKDFKqntq — no pullbacks in inflation (@no_pullbacks) September 17, 2025 and then there's this forthcoming problem pic.twitter.com/gL79bspbz7 — Scott Tindle (@scott_tindle) September 17, 2025
Authored by Mike Shedlock via mishtalk, Sentiment downturn strong in lower- and middle-income levels. University of Michigan Sentiment Index, chart by Mish Please consider the University of Michigan Preliminary Sentiment Results for September 2025. Consumer sentiment moved down less than three index …
LULU down 12% after slashing forecasts, consumer is on life support. yoga sales down pic.twitter.com/6cRakP8JiV — Swingtrader (@Swingtrader) September 4, 2025 Lululemon's comp sales have deteriorated! From the CEO: "We have become too predictable within our casual offerings and missed …
If consumer demand is frozen and margins are squeezed, are stocks about to fall? Data and full report here: https://t.co/pxYDtGgI1a pic.twitter.com/Lp3Bzo280Z — The Coastal Journal (@1CoastalJournal) August 20, 2025 Corporate bankruptcies are heading for a record high this year higher …
$TGT REKT pre market as the company lowers guidance and misses earnings. The CEO also stepped down. Another sign the consumer is tapped out. pic.twitter.com/I9ffPKV0zf — QE Infinity (@StealthQE4) August 20, 2025
US bankruptcies are surging past 2020 pandemic levels, per Business Insider. What's going on? byu/AlphaFlipper inDegenBets In Wake of Trump Tariffs, John Deere Announces Mass Layoffs John Deere has been hit hard by President Donald Trump’s tariffs. The farm equipment …
Consumer sentiment ≠ vibes. It’s a monthly national survey that translates household feelings into a number (1966=100). It tracks how secure Americans feel about finances, the economy, and buying conditions. Since consumer spending drives ~70% of GDP, these feelings matter. …
via Mike Maharrey For the second straight month, consumer borrowing was weak, indicating Americans might be close to their credit limits. Over the last several months, credit card spending has dropped, signaling that Americans may be running out of borrowing …
Chevrolet Blazer: Lincoln Aviator: Volvo XC60: Rivian R1T: Polestar 2: Ford Bronco: Jeep Wrangler: Nissan Frontier: Mitsubishi Mirage: begin 2:35 h/t TIO JUAN
Chuck Schumer criticized Trump’s August 1 tariff order but did not offer any policy alternative. “All Talk, No Substance”: Schumer torches Trump’s tariffs as August 1 deadline hits https://www.politico.com/news/2025/07/30/trump-tariff-deadline-august-1-00483122 He called the new duties “an experiment in chaos, dishonesty and …
The pizza business is a great way to measure the real economy because it shows us what real people can afford and cannot afford or are choosing to spend their money on right now. And it’s a huge indicator of …
Initial sales data from Amazon Prime Day is flashing a warning light. Early spending figures show a decline between 10% and 15% compared to last year’s event. This comes despite an expanded promotional window and aggressive markdowns across nearly every …
Tariffs hit at wrong time in the cycle. See that plunge in Consumer Goods Imports (-36.2% so far)? 👇🏼 Again, you can’t have inflation when consumers are tapped out. If this tariff nonsense were happening at the beginning or middle …
Corporate America is shedding labor under the banner of automation. Artificial intelligence is no longer a future forecast. It is a current expense reduction strategy. Major companies are laying off thousands, citing AI integration and operational streamlining as justification. The …
Colour me “surprised”😉 Consumer Confidence is in the gutter. Rates are devastating high. Tell me again how Powell can miss this🤦♂️ https://t.co/isllhfTr7z — Henrik Zeberg (@HenrikZeberg) June 17, 2025 This looks bad. I think this is bad. Is this bad? …
Consumers are out of savings. APRIL 2025: – Consumer credit hit $17.9B (Fed expected $11.4B)– Credit card debt increased 7%– Total balances hit a record $5.01T (yes, with a T, y’all) Ummm… hello? This is crisis management at 25% APR. …
This is factual and it’s why a lot of lenders have scaled back and become more selective. Subprime customers are essentially priced out of the market — Mike C (@GiantsMC66) June 7, 2025 This is the first year in a …
After months of speculation about what duties will be implemented, we are finally starting to fully see the impact of tariff policies in the government cashflows data. Today the blended rate stands at around ~17.5%. pic.twitter.com/94MZRJOiFj — Bob Elliott (@BobEUnlimited) …
Texas Just Sent a Warning Shot to the Rest of the U.S. Economy Consumer spending in Texas has collapsed, and the data from the Dallas Fed is worse than anyone expected. Retail sales activity fell off a cliff in May, …
2/ The S&P 500 just broke above its 200-day moving average – one of the market’s most important resistance levels Investors are celebrating a temporary trade deal between the US and China, hoping it leads to a broader agreement But …
The latest data from the Federal Reserve Bank of New York reveals a troubling trend, borrowers are falling behind on payments at an accelerating rate. This is not just a temporary setback. It is a clear sign that financial stress …
BREAKING: US Consumer Confidence surges, exceeding expert predictions by double digits. pic.twitter.com/4mr4RdKGpq — Election Wizard (@ElectionWiz) May 27, 2025 Consumer Confidence 98.0, Exp. 87.1, Last 85.7 UMich's Marxism department: pic.twitter.com/YUTqms0uGT — zerohedge (@zerohedge) May 27, 2025 But now pay later …
JUST IN: 67% of US consumers now expect higher unemployment over the next 12 months, the highest since 2008. This percentage has more than doubled over the last 5 months. Currently, more Americans anticipate higher unemployment than during the 1981-82, …
“Consumer spending is strong” Well, you see, they’re not actually PAYING… — Amy Nixon (@texasrunnerDFW) May 19, 2025 Nails it: The consumer is tapped out: Like more so than any period in history Anyone got some answers? pic.twitter.com/C53VyxwSxY — QE …
