A $400,000 house now costs over $1,000,000, with interest rates now at 7% from 3% October 4, 2023 5:53 pm
Many Americans are experiencing financial hardship due to the rising expenses of basic needs including housing, transportation, and credit card debt. Personal income fails to keep up with spending for three months. September 29, 2023 1:47 pm
Consumer Discretionary Sector Faces Growing Debt and Rising Refinancing Costs September 27, 2023 4:10 pm
Housing Costs Hit the Roof! Buyers Drowning in Bills, and Traffic Nightmare Grows September 20, 2023 4:30 pm
Housing Greed Exposed: Rising Leverage, Falling Investments, and Escalating Mortgage Costs Squeeze Homeownership Dreams September 18, 2023 10:08 pm
Decades Apart: Median Family Income vs. Skyrocketing Housing Costs in the U.S. – A Widening Gap September 18, 2023 10:11 am
Egypt’s inflation rose to 37.4% in Aug, a record high. Food costs were up 71%. 2%Target? September 16, 2023 11:06 pm
“Disinflation” Honeymoon is over! Wholesale inflation posts largest increase in 14 months as producer price index jumped .7% (economists predicted .4%) in August. The PPI report captures what companies pay for supplies, with these costs usually passed down to consumers. PPI + yesterday’s CPI = Inflation GROWING! September 15, 2023 1:31 pm
NYPD overtime to be cut to help pay for migrant crisis… Mayor has estimated potential costs of up to $12 billion for the city over the next three years. September 13, 2023 9:42 am
The West is intentionally reducing energy, increasing unemployment, and increasing food costs. September 11, 2023 2:25 pm
“Mad Max” Conditions Are Coming: Desperation Is Rising As The Economy Rapidly Deteriorates And Food Costs Soar September 3, 2023 11:03 pm
“[The public is] focused on how to pay for food. Gasoline costs. Nobody is buying a house. Nobody talked about that last night.” September 3, 2023 9:42 pm
September 1, 2025: Fed Reaches Inflation Target, Cheese Sandwich Costs $120 September 1, 2023 8:56 pm
Monthly mortgage payment for a median existing home is $2,322/month, double the 2008 peak, and does not includes taxes, insurance, and other costs. August 24, 2023 10:06 am
Minutes of the Federal Open Market Committee, July 25-26, 2023: “Various participants commented on risks that could affect some banks, including unrealized losses on assets resulting from rising interest rates, significant reliance on uninsured deposits, and increased funding costs.” August 16, 2023 3:52 pm
10-year yields rise above pre-SVB collapse, highest since 2009. Higher nominal yields impact corporate bonds, increasing refinancing costs. Will we see another blow-up in the next few weeks? August 15, 2023 9:31 am
“India’s retail inflation rose sharply to 7.44% in July due to surging food costs.” (BLOOMBERG) August 14, 2023 4:55 pm
Fact Check: White House Says Bidenomics Is Working Because ‘Costs’ Are Going Down August 11, 2023 9:44 pm
Energy stocks are 5% below highs, indicating oil’s potential return of 48%, impacting Fed policy and financial markets. Rate hikes probability decreases, but odds of rate cuts drop, with no cuts until May 2024. August 11, 2023 1:57 pm
MOODY’S DOWNGRADES 10 U.S. BANKS, WARNS OF POSSIBLE CUTS TO OTHERS. August 8, 2023 9:49 amAugust 8, 2023 9:19 am
Japanese Investors Shift Away from U.S. Bonds Amid Rising FX Hedging Costs and Anticipated Higher Yields August 1, 2023 8:45 pm
Supermarket Temporarily Increases Prices on Some Foods to Show “True Climate Costs” July 31, 2023 9:30 pm
India’s rice export ban triggers panic buying at US supermarkets – sparking costs of 20-pound bag to soar from $16 to almost $50 July 25, 2023 11:17 am
US government interest payments on federal debt surpass defense spending, indicating a trend towards increased debt costs, potentially constraining fiscal agendas. July 20, 2023 10:18 am