A hub for independent voices and hard truths
Inventory jumped 23.4% from a year ago to 1.32 million units at the end of June, coming off record lows but still just a 4.1-month supply. A 6-month supply is considered balanced between buyer and seller. These inventory levels are …
The U.S. debt-to-GDP ratio is indeed approaching levels seen during World War II. The highest debt-to-GDP ratio in U.S. history was around 120% at the end of World War II. As of recent data, the debt-to-GDP ratio for the U.S. is …
The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi, $C, has said. — unusual_whales (@unusual_whales) July 15, 2024 FED'S GOOLSBEE: INTEREST-RATE CUTS ARE SOON WARRANTED – WSJ. — …
Federal Reserve chair Jerome Powell told lawmakers on Tuesday that a weakening labor market is just as much a risk to the economy as high inflation. Why it matters: In recent months, Fed officials have said they want to see more economic data that …
We are in the vicinity of peak crack high. pic.twitter.com/UyHtIKtAIa — Mac10 (@SuburbanDrone) July 8, 2024 Millennials and Gen Z are ~90% invested in stocks in their 401ks pic.twitter.com/bndxRPm7Eg — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) July 7, 2024 https://twitter.com/MFHoz/status/1809947687145406812 …
Russia Regains “High Income” status Despite Western Sanctions The World Bank says Russia is a High-Income country once again. This comes despite thousands of sanctions that the West has imposed on Russia since 2014. Moscow has decided to look to the …
In the second quarter of this year, the office sector set a record vacancy rate at 20.1%, breaking the 20% barrier for the first time in history. This trend reflects the lasting impact of the pandemic on work habits, as remote work …
Travelers heading out for the July 4 holiday can expect plenty of company this year. Nearly 71 million people will be on the move over July 4th week, according to AAA — a new record that exceeds pre-pandemic totals. “With …
In June, construction industry saw largest increase in layoff announcements per @ChallengerGray … hasn't seen a spike that large since September 2007 pic.twitter.com/6zee9KAtVf — Kevin Gordon (@KevRGordon) July 3, 2024 Continuing claims a new cycle high Approaching 1.9mm #MacroEdge https://t.co/sDxirI4NOC …
This week brings us gold price forecasts you could call outrageous, ranging from $3,000 to $40,000 per ounce. Outrageous, that is, until we remember that there’s no actual limit on gold’s price… By Peter Reagan, for Birch Gold Group | Reading time: …
French Bond Yield Premium soars to highest level in 7 years 🚨 pic.twitter.com/8ZmLy0ZPz1 — Barchart (@Barchart) June 14, 2024 🇫🇷 #France #Stocks | Since June 6 (close), French small and mid caps are down >7% while big caps (CAC 40) …
.@Polymarket – Who will win the 2024 U.S. presidential election? (May 20) 🟥 Trump: 52% (+10)🟦 Biden: 42%🟨 RFK Jr: 2%——Trump's odds of winning Georgia, Nevada, and Arizona are at an all-time high. GEORGIA 🟥 Trump: 65%(+30)🟦 Biden: 35%.NEVADA 🟥 …
Maybe inflation has something to do with housing supply. But what do I know? A recent report highlighted the ongoing debate surrounding the minimum wage in California. The state recently introduced a $20 minimum wage. https://www.msn.com/en-us/money/smallbusiness/california-s-workers-now-want-30-minimum-wage/ss-BB1mrTtM Sice 2019, U.S. rents …
Copper prices surge to an unprecedented high of $5.08 per pound, marking a staggering 30% increase year-to-date and fueling concerns of rampant inflation. This new record surpasses the previous peak observed in March 2022, coinciding with the fastest inflation rate …
The S&P 500 and Nasdaq Composite popped to record highs Wednesday and added to their strong 2024 performances. The major averages were boosted by a lighter-than-expected U.S. consumer inflation report. The broad market index gained 1.17%, breaking above 5,300 for …
Brace yourselves for the economic storm! The heartland of America is trembling as the median mortgage payment skyrockets to an unprecedented $2,894 per month, shattering all previous records. But the nightmare doesn’t end there. In the wake of Bidenomics, renters …
Is the Fed heading towards another monetary policy mistake? "Perhaps, the Fed has no idea what is going on and their past policy mistakes can be taken as proof. If they indeed have no clue, how can anyone trust them?" …
The Fed’s planned balance sheet taper starting in June poses risks reminiscent of the 2019 Repo crisis. Crash risk is high. pic.twitter.com/oKDgxkJyaq — Mac10 (@SuburbanDrone) May 1, 2024 To the bulls who are now saying that the Fed's planned balance …
via oilprice: Crude oil exports from Iran hit the highest level in six years during the first quarter of the year, data from Vortexa cited by the Financial Times has shown. The daily average over the period stood at 1.56 …
NEW YORK (Reuters) – Foreign holdings of U.S. Treasuries surged to a record in February, its fifth straight monthly rise, Treasury Department data released on Wednesday showed. Holdings totaled $7.965 trillion, up from a revised $7.945 trillion in January. Treasuries …
pic.twitter.com/UuOgLAgagH — Simonwins (@simonwins28) April 8, 2024
58% of people surveyed by Fannie Mae think it would be difficult to get a mortgage these days, 4% higher than in February. It is near the record of 60% share of respondents in October. US Housing affordability is near …
28,577 job cuts this month so far, our highest week since we began tracking data in September #MacroEdge pic.twitter.com/qWRmCEoscN— MacroEdge (@MacroEdgeRes) April 5, 2024 Although the most recent U.S. Bureau of Labor Statistics employment report issued Friday showed that the …
Ahead of tomorrow’s jobs data, this is critical knowledge to have. The Household Survey, which produces the unemployment rate and has been appreciably weaker than the Establishment Survey, which generates nonfarm payrolls, because it’s PROCYLICAL, it’s picking up the cycle’s …
“The rally in US equities since last October’s near-death experience has been unmistakably broad, even though the Mag 7 have captured most of headlines. And last week this broadening was confirmed when the S&P 500 equal-weighted index made an all-time …
JUST IN: #Bitcoin surpasses silver to become the 8th largest asset in the world. — Watcher.Guru (@WatcherGuru) March 11, 2024 Hedge Fund equity long exposure is at 5-year highs according to Goldman Sachs 👀 pic.twitter.com/4DG9YVzjMq — Barchart (@Barchart) March 11, …
(Bloomberg) — There’s a subtext to this year’s blistering rally in US risk assets: When it comes to the dollar, there is no alternative. The greenback is just shy of the record it reached during the pandemic and on pace …
