A hub for independent voices and hard truths
Could just be my imagination, but I think on-line retailers have started charging more for shipping, including upping the minimum purchase for free shipping. Companies are expected to pass on 70% of the direct cost of tariffs to consumers through higher prices, warns Goldman Sachs byu/RobertBartus inEconomyCharts h/t Capital_Historian685
Egg prices have taken a dramatic turn, dropping to $2.52 per dozen after reaching a staggering peak of $8.17. This sharp decline follows months of volatility in the food market, driven by supply chain disruptions, inflation, and shifting consumer demand. The sudden price drop signals relief for households struggling with …
Trump admits that tariffs will increase prices for American consumers: "Sometimes the country will eat it. Sometimes Walmart will be eat. And sometimes there will be something to pay. Something extra … they have to take out some of their profits." pic.twitter.com/uvRJU0iPWC — Aaron Rupar (@atrupar) May 23, 2025 For …
Leading indicators suggest inflation is set to rebound: The index of prices paid by New York manufacturers jumped to 51 points in April, the highest since August 2022. At the same time, the Philadelphia manufacturing prices paid index rose to 51 points, the highest since July 2022. All while the …
Oil plummets to $56. Deflation is here. Once $60 is broken a bunch of things begin. Production starts going offline since it becomes unprofitable, leading to layoffs. You'd think that would be bullish or support the price, but it has the opposite effect due to growth concerns. https://t.co/w1egAvg2f2 pic.twitter.com/7eC0zIY1jl — …
🇺🇸 US savings rate 3.9% In Global Financial Crisis and Great Depression territory! Chart: @AugurInfinity pic.twitter.com/RehJc1YLSR — Alex Joosten (@joosteninvestor) May 4, 2025 Time it’d take them to run out of cash if they spent $1 million a day: Berkshire Hathaway: 951 years Apple: 364 years Alphabet: 261 years Amazon: …
Tide maker Procter & Gamble said this week that its customers were doing fewer loads of laundry to save money on detergent, the latest sign of a consumer pullback amid economic anxiety caused by trade-war talk and volatile markets. Elsewhere, nervous customers are spending less on body wash, snacks, and …
by Michael Consumer sentiment is plummeting, delinquency rates are rising, and nearly three-quarters of all U.S. consumers admit that they are “financially stressed”. If U.S. consumers are experiencing this much pain now, what will things look like six months from today if there are empty shelves and widespread shortages? We witnessed a …
It’s not a good thing that housing, education, and healthcare are sold at inflated prices. Comparing mortgage rates and healthcare costs to income in the U.S. in the past and doing the same comparison with other countries today, shows a troubling trend. Financial services are often pointless, like insurance for …
US consumers are exhausted: Real income growth expectations of US consumers over the next 5 years are at record lows. Americans in the bottom-third income group now see record low ~18% chance of higher inflation-adjusted incomes in 5 years, By comparison, 5 years ago this… pic.twitter.com/ZVjiYAryp9 — The Kobeissi Letter …
The U.S. House of Representatives voted to repeal a Consumer Financial Protection Bureau (CFPB) rule that aimed to cap overdraft fees at $5 or limit them to the actual costs incurred by banks. The vote passed narrowly, 217-211, along partisan lines, with Republicans supporting the repeal and Democrats opposing it. …
Expecting similar results for Unilever, Coke, Pepsi, P&G, Target, Home Depot, Lowe’s and other consumer discretionary companies Edit: While a stock market fluctuations are normal, I find it concerning that the CEO has come out and said that consumer confidence is low to the point it is impacting shopping behaviours …
Consumers are feeling the pinch, and the situation is only getting worse. After years of negative real wage growth and escalating credit card debt, retail sales are reflecting a harsh reality: inflation is biting harder than ever. After 4 years of negative real wage growth and mounting credit card debt, …
Dollar General is a store that generally caters to lower income individuals on a budget. This week the CEO of Dollar General steps forward and says their customers only have enough money for the basic essentials right now and that’s it. This shouldn’t come as a surprise either as credit …
What if I told you America’s consumers just pulled the trigger on a warning so colossal it could rewrite the global economy?
https://twitter.com/MXAddict/status/1867588810462171277 Over 1,800 CEOs have resigned in 2024, making this the highest year of CEO exits on record #MacroEdge — MacroEdge (@MacroEdgeRes) December 13, 2024
Hackers are using artificial intelligence to mine unprecedented troves of personal information dumped online in the past year, along with unregulated commercial databases, to trick American consumers and even sophisticated professionals into giving up control of bank and corporate accounts. Armed with sensitive health information, calling records and hundreds of …
Everything is OVERPRICED! Consumers voted for Donald Trump to lower prices! Can the new President deliver on his promises?
by Michael U.S. consumers have piled up the largest mountain of household debt in the history of the world. If the federal government was not almost 36 trillion dollars in debt, the fact that U.S. households are nearly 18 trillion dollars in debt would be making a lot more headlines. Sadly, …
Credit card usage isn’t really about spending. Americans use their credit cards when they’re confident about jobs and incomes. The latest data from the Fed contains a more serious warning especially how it lines up with jobs and income data…and the Fed’s actions.
McDonald's is becoming a luxury: Same-store sales at McDonald's, $MCD, dropped by -1.5% in Q3 2024, more than expectations of a -0.7% decline. Same-store sales growth is a metric comparing revenue for restaurants open for at least 13 months. Sales decreased for the 2nd… pic.twitter.com/qXJnt6scfo — The Kobeissi Letter (@KobeissiLetter) …
by Mike Shedlock In September, retail sales rose 0.4 percent, up 0.3 percent inflation adjusted. Here’s where consumer spent their money. According to the Census Department Advance Estimate, retail sales rose 0.4 percent in September. Advance estimates of U.S. retail and food services sales for September 2024, adjusted for seasonal variation and …
At Apple’s secretive Global Police Summit at its Cupertino headquarters, cops from seven countries learned how to use a host of Apple products like the iPhone, Vision Pro and CarPlay for surveillance and policing work. Twice in the last five years, Apple hosted behind-closed-doors conferences for police agencies from across …
The Albanese government is focusing on tackling “shrinkflation” in supermarkets, a practice where product sizes are reduced while prices remain the same or even increase. This troubling trend has become more common, allowing companies to pass on rising costs to consumers without adjusting price tags. To combat this issue, the …
Want change? Help consumers “This economy has many deep, structural, fundamental problems that cannot be turned around just simply by a stimulus package,” Tianlei Huang told Business Insider. “I think it’s probably a bit too early to celebrate.” The Peterson Institute for International Economics research fellow explained that Tuesday’s stimulus …
by Mike Maharrey Retail sales beat expectations in August, rising by 0.1 percent month-on-month. You might assume this means American consumers did better this month than last month. A deeper look into the context of these numbers offers another perspective. The retail sales data only tells us that Americans spent more last …
by confoundedinterest17 Kamala Harris and Tim Walz have produced a destructive proposal to solve the inflation problem: price controls. Her biggest supporters like Elizabeth Warren and Ohio’s Sherrod Brown love the idea of meddling in the private sector, But I would be symapatheic to their arguement if consumer prices soared …
Consumers are tired of having a $1,300 product pushed on them yearly with the same features, you say? pic.twitter.com/LALAjGTI4b — Don Johnson (@DonMiami3) September 16, 2024 “Consumer behavior is starting to shift as consumers increasingly focus on value, and become more cautious with their spending,” Ulta’s, $ULTA, Chief Executive Officer …
@FinanceLancelot liquidity crunch is about to hit hard on top of everything else — BC (@badcompuny) September 15, 2024 Seeing net savings tank to -0.9% of GNI is worrying enough, but the rising unemployment rate makes it even more troubling. When people are running out of savings and jobs are …
