Independent thinking for complex markets and current events
On Monday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers Chair Jared Bernstein acknowledged that it’s “fair” to point out that prices are still elevated and things are still expensive even though the rate of inflation is going down, but said that questions about inflation hurting President Joe Biden’s job approval numbers …
https://www.youtube.com/watch?v=mTrpLVUGxy4 With food prices still rising in most parts of the country, it’s easy to understand the appeal of shopping at Trader Joe’s. The grocery chain is considered one of the cheapest stores in the United States, and its amazing selection of products continues to impress fans and draw more and more customers in. However, …
https://t.co/QHtQNfJgsd — Genevieve Roch-Decter, CFA (@GRDecter) August 1, 2023
Per BofA/Zerohedge, it has never been cheaper to hedge.https://t.co/sVqJwRsKyE Nominal hedges are cheap but from a portfolio performance perspective hedging is VERY expensive in this melt-up. And, it's not their money. Therefore they're the longest since the top. pic.twitter.com/GVOe2QkJo3 — Mac10 (@SuburbanDrone) July 27, 2023 How do you keep up with a market led by …
A McDonald’s outlet has come under fire for charging nearly $18 for a Big Mac meal – after the firm was accused of ‘greedflation.’ The Connecticut restaurant, located by a popular interstate, drew attention for its inflated menu prices – with other burger meals also listed for the same cost. Diner Sam Learner wrote on …
https://www.youtube.com/watch?v=6eavFUBPeZo Inflation is still impacting every industry in the U.S., including fast food. Restaurant prices are rising 7.1 times faster than prices at the grocery store, according to new data released by the Bureau of Labor Statistics. Many famous brands point to the skyrocketing cost of ingredients as the main driver of menu price increases. …
Hundreds of thousands of UPS drivers could go on strike by the end of the month, and the walkout could be the most expensive one in the U.S. in at least a century. That is according to a new analysis from the Anderson Economic Group, a Michigan-based think tank that specializes in the economic impact …
What Fintwit sees: Powell successfully bringing us disinflation What the Average American sees: Everything is still way too expensive pic.twitter.com/OQ8yZDLOPO — Amy Nixon (@texasrunnerDFW) July 12, 2023 CPI heat map. Additionally, they have changed the way this metric is calculated, in an effort for it to APPEAR to be better. pic.twitter.com/6DccZPmuoX — Wall Street Mav …
Despite the markets moving higher, leading economic indicators point to a worsening economy Current levels are comparable to those seen during: – Dot Com bubble– Financial Crisis– C-19 pic.twitter.com/puopTVKU12 — Bravos Research (@bravosresearch) July 10, 2023 An economy that runs on credit is about to find out what happens when credit is expensive https://t.co/Y9H8W1Nqxk — …
Costco Chief Financial Officer Richard Galanti is warning about exceedingly difficult times for U.S. consumers as food inflation is expected to continue to worsen all over the country. At the warehouse chain, shoppers are noticing explosive prices across a series of everyday items right now, and that will continue to be the norm for the …
The left likes to treat skeptics of electrical cars as if they were Luddites. Truth is, making an existing product less efficient but more expensive doesn’t really meet the definition of innovation. Even the purported amenities and technological advances EV-makers like to brag about in their ads have been a regular feature of gas-powered vehicles …
by Chris Black This is the definition of asymmetrical warfare, but the funny thing is that Russia is adopting guerrilla tactics on an inferior army in order to keep the war cost-effective. In the same time, the Ukraine is wasting billions of dollars of Western equipment for basically nothing, and it’s killing its youth in …
Single-Family starter Home ownership is now over $ 1 K / month more expensive than renting, up by $ 150 from 1 year ago pic.twitter.com/rF4iDyX14l — KKGB (@INArteCarloDoss) June 15, 2023
I Filmed this video on 7th Market on June 12 2023 at 5:20am in San Francisco while searching for someone this morning in this area all I found was addiction addiction addiction and it was very disturbing because everybody down there is young pic.twitter.com/ePLZEoVHBI — jj smith (@war24182236) June 12, 2023 I Filmed this video …
“Housing has become so unaffordable that over 75% of homes on the market are too expensive for middle-income buyers” Expect this to be a flashpoint issue n the 2024 presidential election if prices and/or mortgage rates don’t correct substantially by then https://t.co/NzOynYAyvG — Adam Taggart (@adamtaggart) June 13, 2023 In Phoenix, investors have sold at …
GREEN NUDE EEL: Biden admin is preparing to target Americans’ gas furnaces amid stove crackdown. According to experts, the regulations — proposed in June 2022 by the Department of Energy (DOE) — would restrict consumer choice, drive prices higher and likely have a low impact on greenhouse gas emissions. The agency could finalize the rules targeting …