A hub for independent voices and hard truths
by confoundedinterest17 Washington DC Saturday Night! Or at least Monday night. 13 will get you 20, unless you are in Washington DC. S&P Global US Manufacturing PMI 47.0 (48.6 exp, 47.9 prior) – lowest since June 2023. Gold continues to soar! No, …
Among a slew of data published on Monday, analysts latched onto the bad news from the property market, which has been the biggest drag on China’s economic growth. Declines in real estate investment and home prices both gathered pace last …
Remember when they started cutting interest rates in Aug of 2007 and it saved the housing market? Me neither. pic.twitter.com/3zQUGO6BvM — Darth Powell (@VladTheInflator) May 28, 2024
DOOCY: “Have you heard that VP Harris is telling friends that she may go back to California and run for governor if the election does not go her way?” KJP: “That is news to me.”pic.twitter.com/QeAnmLrDAE — Breaking911 (@Breaking911) May 16, …
Amazon shares rose in extended trading on Tuesday after the company reported better-than-expected revenue and earnings. Here’s how the company did: Earnings per share: 98 cents vs. 83 cents expected by LSEG Revenue: $143.3 billion vs. $142.5 billion expected by …
China’s latest inflation figures signal ongoing economic challenges, with consumer prices barely positive and producer prices continuing to decline. The consecutive drop in GDP deflator for three years raises concerns about the economy’s trajectory, while central bank purchases drive a …
by confoundedinterest17 The Federal Reserve is watching July’s jobs report carefully. According to the Bureau of Labor Statistics (BLS), the US economy added 187k jobs in July, less than the expected 200k. US average hourly earnings continued at 4.4% year-over-year (YoY). However, …
by confoundedinterest17 Dallas after (economic) midnight! Particularly after 5 consecutive months of negative readings. For the fifth straight month, the Dallas Fed’s Texas Manufacturing Outlook survey disappointed expectations, printing -23.2 vs -21.8 exp) and is negative for a fifth straight month. …