Something is about to break: Real yields break things up here, at 185bps, the highest since Lehman. Bond markets anticipate spiraling debt interest expense due to increased rates.

Real yields break things up here, at 185bps, the highest since Lehman. pic.twitter.com/7od1pAtJLB — Lawrence McDonald (@Convertbond) August 15, 2023 Yes for sure. Bond markets understand that, on top of the continued large deficit spending, interest expense on the debt is going to start spiraling as rates increase. This expense will be nearly impossible to …

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‘Here we see the Dow peaked about a month after Tech stocks in 2021. And next week is a month this time around.’

The only question on the table is can "stocks" rally without the Tech sector. The answer is they didn't last time. Here we see the Dow peaked about a month after Tech stocks in 2021. And next week is a month this time around. pic.twitter.com/27lgnRIIn2 — Mac10 (@SuburbanDrone) August 11, 2023 The meme stock rally …

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Trump gets indicted whenever there is negative news about the Bidens.

by sublimeinslime It’s obvious it’s nothing more than an attempt to direct the narrative and keel their base from seeing anything negative about Biden. Noticing quite the pattern here: Right on schedule. Less than 24 hours since Devon Archer’s testimony. https://twitter.com/TheWakeninq/status/1686668246441771008?ref_src=twsrc%5Etfw

The Sequel Is Here: Housing Crash 2 Accelerates As Home Sales Drop To The Lowest Level Since 2009

by Michael If you are trying to sell your home right now, I feel so sorry for you.  Thanks to the Federal Reserve, mortgage rates have risen to very alarming levels, and this has scared millions of potential homebuyers out of the market.  Compared to two years ago, the average potential homebuyer is facing mortgage …

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Alarm! The Global Credit Correction Is Here! US Gross Domestic Income Shrinking Awfully Fast As Liquidity Evaporates

by confoundedinterest17 Alarm! The global credit correction has arrived. Or as Bill Paxton said in Twister, “It’s already here!” The question is, how far into the economy will it extend? US Gross Domestic Income YoY is still growing strong at 4.5%, but shrinking really fast as Fed monetary stimulypto wears off. S&P Global Ratings’ Credit Cycle …

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Recession: It’s Already Here! US Household Net Worth Growth Goes Negative For 3 Consecutive Quarters (Worse Growth Since The Great Recession And Financial Crisis)

by confoundedinterest17 To quote Bill Paxton’s character from Twister: “It’s Already Here!” The feared recession, that is. The year-over-year growth rate in Household Net Worth has been negative for 3 consecutive quarters, the worst growth since The Great Recession and Financial Crisis of 2008/2009. Of course, the Biden family household net worth is off the charts. …

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China Style is here! Austin TX apartment complex enacts it’s own unilateral curfew 10pm-5am

via kvue: AUSTIN, Texas — Neighbors at a southeast Austin apartment complex are complaining after a mandatory curfew was put in place with very little explanation. Residents of the Array Apartments said they were not notified of any issues. Now they’re wondering if the move is even legal. The curfew lasts from 10 p.m. until 5 a.m. …

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