Bidenomics? C&I Lending Growth Crashes Along With Bank Credit Growth (WTI Crude Oil UP 1% This Morning) 30-year Mortgage Rates At 7.27%

by confoundedinterest17 Bidenomics, aka the Federal government takeover of the US economy with Soviet-style economic central planning, is highly dependent on loose Federal Reserve monetary policy (Janet Yellen and Powell’s wild overreaction to the massively inappropriate Covid shutdowns), So, how is Bidenomics working out? On the bank lending front, commercial and industrial (C&I) lending growth …

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Why US Inflation Will Start Rising Again (WTI Crude Futures UP Above $80 Again As Gasoline Futures UP 91.5% Under Bidenomics)

by confoundedinterest17 Joe Biden said that Republicans will impeach him in the House of Representatives since inflation is coming down. Huh? No Joe, it is because your are the most corrupt President in history, a compulsive liar and your economic policies are pure World Economic Forum mandates (open borders, Central Bank Digital currency, green energy, …

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Crude oil up 12% in 3 weeks. Did Biden stop tapping the strategic reserves?

From 06/28/2023 to yesterday is 3 weeks. Crude went from $67 a barrel to $75. https://www.investing.com/commodities/crude-oil Oil reserves getting to low? What’s Biden going to do now? Gas $5 a gallon or higher? #CrudeOil prices have broken out of a consolidation pattern, indicating potential strength and bullish momentum 🛢️📈 This suggests the possibility of further …

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