People who live in the real world know inflation is much higher than 4%. The CPI stats are BS.

Cause inflation is underreported and he’s corrupt af Source: https://www.newyorker.com/news/our-columnists/why-isnt-joe-biden-getting-more-credit-for-a-big-drop-in-inflation If I remember correctly the US government uses the June – July time frame for inflation to set how much those on Social Security will get for an increase for the following year. Sooo it is to the governments benefit to have it as low as …

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While the Fed’s juiced stock markets grind higher, food banks are seeing record demand. One of these things is not like the other.

by Simian_Stacker pic.twitter.com/mMlY5N4k2S — The Punisher (of Wall ST) (@GregCrennan) June 14, 2023 It's official! The S&P 500's (SP500) longest bear market since the 1940s has come to an end. The benchmark index closed up 0.6% to 4,294 on Thursday, vaulting it back into bull territory with a 20% advance from its October low….. go …

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The US Stocks market is worth 2x money supply M2 and moving higher.

US Stocks market is worth 2x money supply M2 and moving higher as M2 is falling. This metric is not far from peaks of 2008 and 2021 #Recession #FederalReserve pic.twitter.com/6abrnaByDl — FinFab (@FinFabApp) June 8, 2023 The Nasdaq has now traded green for 8 consecutive weeks, the longest streak since November 2019. — unusual_whales (@unusual_whales) …

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Fed Officials Say Rates May Need to Go Higher to Tame Inflation (Fats Waller And Elen Barkin Want To Raise Rates)

by confoundedinterest17 Governor Waller cites slow progress on core inflation Richmond Fed chief Barkin says he’s comfortable doing more Two Federal Reserve officials said the central bank may have to raise interest rates further to tame price pressures that in some sectors aren’t showing much sign of easing. Fed Governor Christopher Waller said Friday headline inflation has been “cut …

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Former BlackRock Exec, Ed Dowd, says younger people began dying at a higher rate than older people in 2021…

Former BlackRock Exec, Ed Dowd, says younger people began dying at a higher rate than older people in 2021, according to excess mortality data and the data shows the trend seems to be continuing. Why is this not front page news in the US?pic.twitter.com/sYWQyhXz4x — TexasLindsay™ (@TexasLindsay) June 12, 2023 h/t MonkeyWrangler

Banks are cutting losses on real estate loans due to higher interest rates, leading to a potential financial crisis. Vacancy rates on office space across the U.S has hit a record +16%.

Some US banks are preparing to sell off property loans at a discount even when borrowers are up to date on repayments, a sign of their determination to reduce exposure to the teetering commercial real estate market, per FT. — unusual_whales (@unusual_whales) June 6, 2023 Good Morning Everyone! Delinquencies spiked in May on mortgage bonds …

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Home prices relative to income are higher than during the peak of the 2008 Financial Crisis

The housing market has never been more out of reach for people. https://t.co/vYbrjSumPt — Win Smart, CFA (@WinfieldSmart) June 3, 2023 The Housing Market Has Never Been This Unaffordable For New Buyers Americans looking for a new home are facing the least affordable market ever, according to data from the Mortgage Bankers Association. The group’s …

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$qqq to $iwm ratio never higher… ‘Bye bye liquidity… right when everyone is max bullish and on vacation’…. ‘Getting out, there will be no one on the other side of the trade.’

Bye bye liquidity… right when everyone is max bullish and on vacation.pic.twitter.com/8Y0a7zk1WV https://t.co/FQUZXdc38m — Financelot (@FinanceLancelot) June 2, 2023 The chart of the week: S&P Tech with the ISEE call/put index:https://t.co/zlMsxl36fz Getting out, there will be no one on the other side of the trade. pic.twitter.com/rHyXwFz3oe — Mac10 (@SuburbanDrone) June 2, 2023 The $VIX hasn't …

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Interest rates likely to move HIGHER

by okie1 New data just came in. Use of fed’s liquidity facilities declined again: View post on imgur.com This is where the money was coming from to create the demand for T bills, which is what was bringing rates down at the lower end of the yield curve. T bills are a cash equivalent that …

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