A hub for independent voices and signals
via notayesmanseconomics: The economic theme of 2024 so far has been the expectation of and then the failure to appear of interest-rate cuts in the United States. This has a particular feature in that one member of the US Federal …
via Mike Shedlock Today the BEA released April data on inflation-adjusted income and spending. Let’s discuss the charts. Data from the BEA and BLS, chart by Mish Personal Income and Wages Key Points DPI stands for Disposable Person Income. Disposable …
Crickets sound around this all across FinTwit… 🦗🦗🦗 https://t.co/lO1isTZN07 — JustDario 🏊♂️ (@DarioCpx) May 31, 2024 Recessions are contagions in a global economy. Because we buy and sell so much to one another. Who are the primary buyers of Hong …
John Legend claims Black voters leaving Biden because of ‘masculinity,’ ‘disinformation’ on economy Liberal singer John Legend blamed “disinformation” and ideas about “masculinity” for driving Black and Latino voters to support former President Trump this election. “I do think Trump …
"If the U.S. economy is headed for trouble, no one told the junk-bond market."@Vlajournaliste pic.twitter.com/s3WVZCToIH — Daily Chartbook (@dailychartbook) May 23, 2024 Pay attention. It's begun! pic.twitter.com/ozFRa1xB6y — The Great Martis (@great_martis) May 23, 2024 👀 👇For the first time …
11% of Americans are on Food Stamps … But yeah, there is no recession … Everything is just hunky dory. 🚨🚨🚨 pic.twitter.com/fFb4ylz7LC — Wall Street Mav (@WallStreetMav) May 22, 2024 A wave of America’s retirees are dusting off their résumés …
Former Chrysler and Home Depot CEO Bob Nardelli warned that the fault lines of the economy are “about ready to crack” on Monday, adding that the Biden administration’s alleged policy missteps could leave a cumbersome mess for the next person …
Joe Biden has just passed numerous tariffs against China. But these tariffs will not help America close the manufacturing gap with China, nor will it stop China’s rise. The real loser in this entire trade war is the American consumer …
“President Javier Milei of Argentina continues to stun his critics with an economy that has outperformed expectations and continues along an ambitious path for national security, including pursuit of a NATO global partnership. “The fact that you have a president, …
Average Americans are feeling more anxious about money than ever before. After enduring one financial disruption after another, it’s hard to feel positive when you don’t know what’s around the corner. Experts called it “financial shock fatigue,” – a phenomenon …
https://x.com/Gr8fulAmerican/status/1791454188037198161 https://x.com/jamesross/status/1791468603260256658
Trigger Warning: Chart of the Day: Citi Surprise Index vs SFR9 My hypothesis is that the US economy has begun to slow due to the long and variable lags of monetary policy finally starting to offset the positive benefits that …
You just have to look around and see what’s happening to the restaurants in your area to understand that the U.S. economy is headed in the wrong direction. When the economy is booming, restaurants are full and chains open more …
Financially stressed consumers are ushering in an economic slowdown Wednesday’s retail report is another piece of evidence that the economy is slowing. That’s good in the sense that it doesn’t give retailers the ability to pass along higher prices to …
by alcatpone Throughout this year, the prevailing narrative has been one of a robust economy, with assurances of widespread prosperity: low unemployment, rising wages, and increased earnings for the populace. However, from my perspective, this portrayal doesn’t resonate with reality …
https://twitter.com/Mankosmash/status/1787140756123349428 https://twitter.com/WallStreetSilv/status/1787204479638470764 https://twitter.com/dlacalle_IA/status/1787019969613496349
A clip featuring Jared Bernstein, Chair of the Council of Economic Advisers, has garnered attention, with critics expressing concern over his role in shaping US economic policy under the Biden administration. This is absolutely priceless. And probably the most frightening …
The recent decline in the Chinese market has sent shockwaves through the global economy, raising serious concerns about the state of China’s economic health. Alicia García Herrero, Chief Asia-Pacific Economist for Natixis, succinctly captured the prevailing sentiment: “Nobody believes the …
STOCK MARKET IS NOT THE ECONOMY Only 18% of all jobs are in the S&P 500 companies or 20 million. Most of the employment in the US economy is in private markets – 158 million jobs. pic.twitter.com/gLp0tCdJj9 — Global Markets …
In a country that prides itself on openness and responsibility, a concerning reality has emerged: the actual state of the U.S. economy may be significantly worse than what official reports suggest. Recent reports have raised concerns about the nation’s financial …
via The Epoch Times: Epoch Times reporter Tom Ozimek recently wrote in these pages of former President Donald Trump’s encounter with Kayla Montgomery, a young Republican political consultant whose business is to “engage young, black professionals, students, and community members” in the …
China’s economy isn’t in a great place and its currency is floundering. The tumult is sending prices of gold, considered a safe-haven asset, skyrocketing. Spot gold prices have recently hit record highs — above $2,400 an ounce — thanks to …
by Michael When I was a kid, “Weekend at Bernie’s” was one of my all-time favorite movies. In that film, two guys worked really hard to convince everyone that their boss was still alive so that they wouldn’t get into …
via pentoport: Powell and the FOMC are pining for rate cuts and to end Quantitative Tightening even though inflation is the most salient issue for businesses, according to the NFIB and ISM surveys. The Fed is still talking about several …
