NY Fed Survey: Expected likelihood of becoming unemployed rises. Meanwhile, conditional on expecting an offer, the average expected annual salary in the next 4 months increased sharply to $67,416 from $60,310 in July 2022, a new record. Wages on offers up over 14% since July 2022, Inflation fuel! August 23, 2023 3:11 pm
Among 35 to 44 years olds, 34% more died than expected.. This unnatural loss of life is on the scale of a war or terrorist event August 14, 2023 7:56 am
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
The Fed is now expected to start cutting rates in early 2024, according to market pricing. Cap too optimistic? August 10, 2023 10:52 am
Home foreclosures surge, car repossessions reach new highs, real estate prices plummet, widespread decline expected. August 3, 2023 9:22 pm
US Q3 GDP is expected to be 3.9% while inflation is projected to be 3.8% by September. This brings nominal Gdp to be around 7.6% in Sept… Rates are going 6% August 1, 2023 9:41 pm
Federal Reserve Alert! July 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices. Banks plan to further tighten lending standards across all loan types. Why? Expected decline in collateral value, Anticipated decrease in credit quality, Predicted liquidity challenges, & Deposit Outflows. July 31, 2023 3:53 pm
The Last Time? Fed Raises Target Rate To 5.50%, Rate Cuts Expected In Election Year (10Y-2Y Yield Curve Remains Deep In Inversion) July 26, 2023 10:04 pm
Tight monetary policy has significantly deteriorated the housing market. Stronger than expected GDP. Rate hike odds now 90%, market’s about to explode. June 30, 2023 8:25 am
Bidenomics? US Pending Home Sales Plunge More Than Expected In May To -20.8% YoY (Negative On Top Of 25 Straigth Months Of Negative REAL Wage Growth) June 29, 2023 8:11 pm
AirBNB is dying: Revenue declines 50% in Phoenix, Austin; forced selling expected. US housing market faces housing price downside if struggling Airbnb owners elect to sell. June 28, 2023 7:35 pmJune 27, 2023 11:18 pm
Bank of Canada minutes on immediate rate hike: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.” June 22, 2023 9:02 am
Amazon CEO warns about perfect storm – The retail landscape is expected to change significantly, with some major retailers facing lagging sales and changing consumer habits. June 21, 2023 7:19 amJune 20, 2023 7:39 pm
