Unemployment and supply of homes are correlating higher, layoffs soar 410% in February, with inventory showing a 24% increase, the highest in years.

Unemployment and supply of homes are correlating higher now as well pic.twitter.com/cfgrH7wAsT — The Coastal Journal (@1CoastalJournal) March 26, 2024 The real estate rollercoaster is hitting some unexpected twists and turns, with February delivering a double whammy of unsettling news. Brace yourselves: layoffs have skyrocketed a jaw-dropping 410% compared to last year, hitting levels not …

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“Higher for longer” actually means inflation, not interest rates.

Oh, you thought “higher for longer” was referring to interest rates? We were actually referring to inflation pic.twitter.com/qf9fCDQwGM — Amy Nixon (@texasrunnerDFW) March 25, 2024 Globally coordinated inflation control via currency pairs. Headlines keep us entertained https://t.co/6krD7t0NOx — Silverbark #fixourmoney #silversqueeze (@Silverbark3) March 25, 2024

This is why the stock market and commodities are relentlessly going higher:

We have witnessed 55 global central bank cuts over the past 6 months. pic.twitter.com/OMmmknu96m — Piker Capital (@PikerCapital) March 25, 2024 https://twitter.com/TorbjornIwarson/status/1772043184283017567 After all looks like gold is going to test sub $2,145 level before turning back up higher. As gold continues to through out shenanigans, miners continues to get more and more confused. But …

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Powell warns against rapid rate reduction, ready to maintain higher rates if needed amid inflation.

Fed Chair Powell is kicking off the Q&A portion of his press conference now. Even as inflation has been reaccelerating, the Fed doesn't seem to concerned. A long pause still seems to be needed right now. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) March 20, 2024 Agreed, …

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Current Inflation Track Compared to the 1970s – higher rates and bank chaos ahead.

Current Inflation Track Compared to the 1970s – higher rates and bank chaos ahead. byu/j_stars inWallstreetsilver BREAKING: February CPI inflation rate RISES to 3.2%, above expectations of 3.1%. Core CPI inflation fell to 3.8%, ABOVE expectations of 3.7%. This is the 35th consecutive month with inflation above 3% and second straight increase. A Fed pivot …

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NH School Funding Fairness Project = HIGHER State Taxes

There’s a highly organized, concerted effort underway here in NH to get outrageous amounts funded for NH schools and education agendas. I smell a racket in the making. This organization seems suspect and needs more looking into – which leftist/globalist entities are supporting and pushing this: The New Hampshire School Funding Fairness Project. https://fairfundingnh.org/ NH …

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Mortgage delinquency rates in Ontario (136%) and B.C. (62%) soar as higher payments bite

Sharp increase in mortgage borrowers filing for bankruptcy called ‘worrying trend’ More Canadians are beginning to crack under the pressure of increased mortgage payments, new data on consumer credit showed today. Article content Mortgage delinquency rates were up more than 50 per cent at the end of last year from the year before, with two …

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Washington Triggers Permanently Higher Inflation

From Peter Reagan for Birch Gold Group It’s quite possible that economic conditions are bad enough that price inflation will continue to persist, much like it did in the 1970s, and well into the 1980s. In fact, three years into President Biden’s first term Americans are still spending a greater percentage of their income on food than at any point in the …

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Bankruptcies surging higher

The rise of defaults and bankruptcies are just in the early stages. Plus, the dollar exposure is gigantic (CRE alone is $1.2T of distressed assets). Numerous small & medium size banks failures are coming to a community near you. — cynical1 (@eb10s) February 17, 2024

Climate Agenda Set To Push Food Prices Even Higher, Analysts Say

As inflation remains stubbornly high, farmers throughout the Western world are warning that cost increases from the net zero movement will drive food prices still higher, while simultaneously putting many smaller farmers out of business. January inflation numbers showed that prices increased by 3.1 percent over what they were a year ago, indicating that the fight against …

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That Foul Jobs Report! Full-time Jobs Tank Under Bidenomics As Serious Delinquencies On Auto Loans Soar To Highest Level Since The Great Recession (PPI Is Deflating But Inflation Remains Higher Than Under Trump)

by confoundedinterest17 As some fans celebrate the Kansas City Chiefs Superbowl victory over the San Francisco 49ers (the game was so much like bread and circuses from the Roman Empire except for who is being thrown to the lions), we have been distracted from the horrible state of the US economy. Just review that horrible December …

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Fed’s Powell Admits Bidenomics Is Not Remotely Sustainable Or Fixable! Too Much Debt And Spending, Too Little Growth (GDP Growth Higher Than Debt Growth In Only 1 Quarter Under “Brainless Joe”)

by confoundedinterest17 As Commander Cody sang, “We have too much debt.” “The prices of some things will decline. Others will go up. But we don’t expect to see a decline in the overall price level,” said Federal Reserve Chair Jerome Powell, Nvidia stock hitting new highs, its market cap soaring to $1.78trln. “That doesn’t tend to happen …

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TBAC-O Road? Treasury Announces Big Cut In Borrowing (Despite Skyrocketing Deficits) But Shifting Towards More Expensive, Higher Duration Coupon Bonds

by confoundedinterest17 Constitution Avenue in Washington DC is actually becoming Tobacco Road. No, not the dysfunctional family of Georgia sharecroppers during the Great Depression, but the Treasury Borrowing Advisory Committee (TBAC). On Monday, after we got the first part of the Treasury’s Quarterly Refunding Announcement (QRA), in which the Treasury unexpectedly announced a big drop in its borrowing …

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JPig Morgan, Citi And Goldman Sucks Drafting Landmark Lawsuit Against The Fed. ( About being forced to carry a higher reserve threshold)

A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve. JPMorgan Chase, Citibank and Goldman Sachs are on the list of major banks that, using their trade group, have hired one of the best conservative trial lawyers in the country to draft the …

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Warning: ‘Man Boobs’ Linked to Higher Risk of Premature Death – New Study Highlights Dangers of Enlarged Breasts and Gynecomastia in Men

COPENHAGEN, Denmark — Men with enlarged breast tissue, which people often call “moobs” or “man boobs,” face a higher risk of premature death before the age of 75, a new study warns. This condition, medically known as gynecomastia, typically results from a hormonal imbalance and affects between one-third to two-thirds of men, varying with age. The development …

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Congress, masters of fiscal responsibility, conveniently forgets the minor detail of rolling over $7.5 trillion debt.

$7.6 trillion of US government debt will mature in the next year, adding pressure on rates A whopping $7.6 trillion in interest-bearing US public debt will mature within a year, Apollo’s chief economist said in September. That represents 31% of all outstanding US government debt, adding upward pressure on rates. That’s still below 2020, when …

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Germany’s Nationwide Discontent Will Be Fueled Further by Higher CO2 Tax – Planned for 2024

These protests are rapidly expanding and a national day of protest in planned for January 8, 2024. Many of the working class are expected to join in. Yet, Germany’s Socialist-Green government, led by Olaf Scholz, continues to stick to its plans to drastically increase the carbon price, beginning in January, and thus make life for …

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Fast-food and restaurants may struggle to survive due to higher costs in the upcoming recession.

Is McDonald's pricing themselves out of the fast food market? Their reputation was for cheap food. Now people are realizing that with higher minimum wages ($15 to $20 per hour) and high food costs, now McDonald's is costing just as much as restaurants with higher perceived… pic.twitter.com/GJuaRxlvdx — Wall Street Mav (@WallStreetMav) December 14, 2023 …

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Peter Boockvar: I expect gold to surge higher

Peter Boockvar, Bleakley Financial Group, and Katerina Simonetti, Morgan Stanley, join ‘The Exchange’ to discuss the surge in gold prices, what’s behind the rally and more. The Summer of Central Bank Gold Buying Extends Into the Fall Central banks gobbled up gold over the summer and the buying spree has continued into the fall.

General Motors — UAW strike cost us $1 Billion, plus $9 billion in higher wages. GM announces $10 billion stock buyback.

Autoworker strike cost GM $1.1B, a cost it says it can absorb as it announces massive stock buyback General Motors says pretax earnings took a $1.1 billion hit this year due to a six-week strike by autoworkers, but the company expects to absorb increased labor costs and have enough left to buy back stock worth …

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“Higher rates could erode finances if central bank moves toward easing exit…”

Bank of Japan’s paper loss on JGB holdings grows to record $71bn Higher rates could erode finances if central bank moves toward easing exit TOKYO — The Bank of Japan’s unrealized losses on its Japanese government bond holdings swelled to 10.5 trillion yen ($71.2 billion) at the end of September, according to financial statements released …

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Higher levels of financial optimism associated with lower levels of cognitive ability

via phys.org: A behavioral economist at the University of Bath in the U.K. has found evidence linking higher levels of unwarranted financial optimism with lower levels of cognitive ability. In his study, published in the journal Personality and Social Psychology Bulletin, Chris Dawson surveyed thousands of people in the U.K. about their economic outlook and compared their responses …

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Constitutional Court Ruling Sends Shockwaves Through Germany: 60 Billion Euro Gap Emerges, and Subsidies for Covering Higher Energy Prices Go ‘South Park’ Style

The recent ruling by the German constitutional court, declaring the government’s Climate Budget fund as illegal and unconstitutional, has delivered a sudden blow, tearing a significant 60-billion-euro hole in the budget virtually overnight. With an additional 200 billion euros at stake, intended for economic and societal stabilization amid escalating energy costs, the potential fallout casts …

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