Going Down! US Producer Prices Rise At Fastest Pace In 15 Months As Services Costs Soar (Buying Conditions For Housing Hit All-time Low!)

by confoundedinterest17 We’re going down! After May’s MoM deflationary impulse (thanks to a plunge in energy costs), June was expected to see a modest 0.1% rise (and we have seen energy prices starting to rise again). Sure enough, headline PPI printed HOT at +0.2% MoM (and May was revised higher), pushing the YoY print up …

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America’s fastest growing city is a surprise.

One southern city has become a boomer boomtown thanks to an influx of older Americans flocking to its age-restricted, bustling community. Georgetown, Texas is officially the fastest-growing city in the country in part due to its wealthy 55-and-older community called Sun City Texas. An analysis of Census Bureau data for cities with populations of at …

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France switching to nuclear power was the fastest and most efficient way to fight climate change.

Related pic.twitter.com/Y12wOrXqsX — Michael A. Arouet (@MichaelAArouet) July 4, 2024 31% if German electricity generation used to come from nuclear, today about 25% come from coal instead. It’s really difficult to find another policy more disastrous for environment than German „green“ approach. pic.twitter.com/TCpArIouns — Michael A. Arouet (@MichaelAArouet) July 4, 2024

US Producer Prices Accelerating At Fastest Rate In 12 Months (Has The Fed Lost Control Of Inflation?)

by confoundedinterest17 Will The Fed keep on printing?? Ahead of tomorrow’s CPI, traders are eyeing this morning’s Producer Prices for any hints that the disinflation trend will return…or not. The answer is “not!” April Producer Prices rose 0.5% MoM (vs +0.3% exp), with March’s +0.2% MoM revised down to -0.1% MoM. The downward revision did not …

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U.S. employment expenses surge, fastest pace in 18 months.

United States Employment Cost Indexhttps://t.co/ctIxwn2OIh pic.twitter.com/pqibeiF878 — TRADING ECONOMICS (@tEconomics) April 30, 2024 U.S. labor costs surged beyond forecasts in the first quarter, climbing 1.2% amid a boost in wages and benefits, reinforcing early-year inflation concerns. The Employment Cost Index (ECI) uptick may influence Federal Reserve deliberations as it navigates monetary policy amidst mounting price …

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Home prices surged 6% YoY in January, fastest since January 2022. However, FHFA House Price Index dropped 0.1% MoM.

Home Prices rose by 6% year-over-year during January, the fastest increase since January 2022 pic.twitter.com/SxWWnQ4BcA — Win Smart, CFA (@WinfieldSmart) March 27, 2024 Home prices increased at the fastest clip since 2022 at the start of the year, according to one closely watched home price gauge published Tuesday. Home prices nationally in January were 6% …

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Major tv news channel: Chinese migrants are fastest growing group crossing into U.S. from Mexico!

Feb 4, 2024 #china #news #immigration A growing number of Chinese nationals, trying to escape repressive politics and a bleak economy, are headed to the U.S. They’re turning to a gap at the southern border with Mexico as a way to get in. #news #immigration #china “60 Minutes” is the most successful television broadcast in …

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Is this the reason for the fastest easing of financial conditions in history?

Some pretty startling numbers regarding planned layoffs in 2024 according to a recent survey Buckle up. https://t.co/Q5Q0w0rmfA — QE Infinity (@StealthQE4) January 10, 2024 Massive Layoffs Are Coming in 2024 Mass layoffs are in store for 2024, and it might end up affecting nearly half of companies, according to a new poll. That’s the latest …

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Chinese Home Prices are declining at their fastest rate in 8 years

https://t.co/KraPDgOOQm — Win Smart, CFA (@WinfieldSmart) November 16, 2023 More Chinese cities record falling home prices in October BEIJING, Nov. 16 (Xinhua) — More Chinese cities reported falling home prices in October, official data showed Thursday. The National Bureau of Statistics said 56 of 70 large and medium-sized cities saw month-on-month drops in new home …

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Auto insurance rates are experiencing the fastest increase in nearly 50 years.

Auto loan delinquencies among subprime borrowers reached a nearly-30-year high in September of 6.1% – the highest rate since 1994, per the Fed. Read more: https://t.co/MLaHAqNcKg — unusual_whales (@unusual_whales) November 15, 2023 Auto Insurance rates are crazy…40% up in 2 years. More accidents has to be the cause. Plus the cost to repair has skyrocketed …

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Economic Warning: Yield Curve Steepens Rapidly, Americans Spend at Fastest Rate in Two Years, Russell 2000 Hits 2020 Lows

The rapid steepening of the yield curve from inverted levels suggests an impending economic downturn. Caution: Yield curve has begun steepening rapidly from inverted levels This brings the economy closer to an economic downturn Buckle up pic.twitter.com/JfBgBxOZgq — Bravos Research (@bravosresearch) October 29, 2023 BREAKING: Americans spent money at the fastest rate in nearly two …

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Obtaining credit will be “much harder”; Bankruptcies are rising at the fastest rate since the pandemic.

Obtaining credit will be “much harder” pic.twitter.com/Pd2gXm5mn3 — Win Smart, CFA (@WinfieldSmart) October 11, 2023 Rapid rate hikes have helped fuel an increase in company failures this year—and there’s probably more pain to come.  Bed Bath & Beyond is one of the more well-known brands to implode this year under the weight of, among other …

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Global trade nosedives: Fastest fall since COVID.

via cryptopolitan: The World Trade Monitor, an analytical tool from the Netherlands Bureau for Economic Policy Analysis, adds to this gloomy narrative with its June data showing a 2.4% contraction. The implication is evident: the world is slowing down. Post-pandemic, economies had briefly rallied, driven by a surging demand for global goods exports. But alas, …

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Faster bonds sell off the greater collateral hit and impairment to Global liquidity. Hedge funds cut stock leverage at fastest pace since 2020 crash.

Sounds right until it isn't! Problem is that the faster bonds sell off the greater collateral hit and impairment to Global #liquidity https://t.co/6GW0EYopoj — CrossBorder Capital/ GLIndexes (@crossbordercap) September 26, 2023 #recession … #StockMarket Bubble edition#Leverage 📉 #MarginCall 📈 https://t.co/nig1oqQvQ8 pic.twitter.com/FmkeTm30lS — Invariant Perspective (@InvariantPersp1) September 26, 2023 #recession … Global $USD #Liquidity Squeeze edition$DXY …

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UK households withdraw savings at fastest rate

UK households withdrawing savings at fastest ever rate, official figures show UK households are pulling money out of their savings accounts at the fastest rate ever recorded, as they draw on rainy day funds to weather the cost of living storm. Figures from the Bank of England show households withdrew a net £4.6bn from banks …

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Great Recession 2.0? Americans pull hundreds of billions out of banks at fastest pace in four decades

via naturalnews: Americans are pulling hundreds of billions of dollars out of banks at the fastest pace in nearly 39 years as many economic experts are beginning to predict a repeat of the 2008 “Great Recession.” According to an analysis of the most recent data from the Federal Deposit Insurance Corporation (FDIC), “depositors took a total of $472 billion out …

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Deutsche Bank: Massive debt defaults by companies are imminent due to fastest monetary tightening in 15 years.

From commercial loans to the corporate bond market. Things look fragile. The "experts" tell us it's nothing like 2009 yet they said we had nothing to worry about back then either. I think things are going to get messy. — Jason Stapleton ☕️ ✍🏼 🎙️ (@Jason_Stapleton) June 2, 2023 Default wave imminent, will peak in 2024, Deutsche Bank says …

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