The rig count is still in plunge mode… The United States drained its strategic reserve… Crude oil prices rise above $87.00 for the first time since November 2022 as Saudi Arabia extends production cuts

The rig count is still in plunge mode… *A cumulative $4.9T of investments in global upstream oil and gas are needed by 2030 to meet market needs and prevent a supply shortfall" —International Energy Forum (IEF) and S&P Global Commodity …

READ MORE

In June, the total amount of money owed to finance companies (Consumers, Real Estate, Business) increased 17.7%. In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537

by Dismal-Jellyfish https://www.federalreserve.gov/releases/g20/current/g20.pdf In June 2023, the total outstanding amount owed was approximately $1,850.9 billion dollars–up 14.7% from May! In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For …

READ MORE

Trump is back on Twitter

https://t.co/MlIKklPSJT pic.twitter.com/Mcbf2xozsY — Donald J. Trump (@realDonaldTrump) August 25, 2023 https://secure.winred.com/save-america-joint-fundraising-committee/bf1d23bd52c25ba6 https://twitter.com/RedDevilC3Bravo/status/1694884372351164784?ref_src=twsrc%5Etfw

AstraZeneca is facing two London lawsuits. the first of potentially dozens of cases brought in England.

⚠️BREAKING – AstraZeneca is facing two London lawsuits, including one from the husband of a woman who died after receiving the Anglo-Swedish drugmaker's COVID-19 vaccine, in the first of potentially dozens of cases brought in England.https://t.co/PeEEegxTOk pic.twitter.com/8vqu40qLWg — MARCO (@marco1771m) August …

READ MORE

About one-third of US homes are new construction, with new home prices dropping below existing prices for the first time since 2005. Another crisis created by the Fed.

Meanwhile, PPI for construction materials is up 11% YoY over the last three years, potentially putting more pressure on homebuyers as the demand for new homes continues to increase. https://t.co/rfFs5LNsry — David Sommers (@dgsommersmkts) August 23, 2023 Mortgage rates reached …

READ MORE