Bidenomics At Work! Mortgage Rates Hit Almost 8% (Highest Since July 2000 Under Bill Clinton), Deficits This High Usually Occur During Recessions And HIGH Unemployment October 9, 2023 7:21 am
The average 30-year fixed-rate mortgage reached 7.8% this week – the highest level since 2000. October 7, 2023 8:28 pm
Slowdown! ADP Jobs Added Slows To +89k As Credit Card Delinquencies At Small Banks Hit Highest Level Even Recorded (7.51%) October 4, 2023 9:36 pm
Freddie Mac’s 30Y Rate Rises To 7.31%, Highest Since Dec 2000, 10-year Treasury Yield Up To 4.67% (Mortgage Rate Up 69% Under Biden) September 28, 2023 5:31 pm
Biden’s Mortgage Market! Purchase Demand Down -27% Since Last Year As Mortgage Rates Hit Highest Level In 20 Years September 27, 2023 2:42 pm
Earnings being revised upwards despite leading economic indicators contracting; US deficit spending as a percentage of GDP is at its highest point outside of war or recession since 1960 September 25, 2023 2:35 pm
US States with the highest income taxes vs. US States with no State Income Tax September 24, 2023 10:13 pm
Cattle (beef) is now at its highest price on record (up ~20% this year alone) – The fight against inflation has a long way to go September 24, 2023 9:56 pm
Australia – Almost 20,000 More People Died Last Year ‘Than Anticipated’ – The Highest Excess Death Rate Since WWII September 22, 2023 5:25 pm
NY Fed August 2023 Survey of Consumer Expectations: “job loss expectations rose sharply to its highest level since April 2021.” “Households’ perceptions about their current financial situations and expectations for the future also deteriorated.” September 11, 2023 8:39 pm
Credit Card Loans Delinquency Rate Highest in 10 years – The “resilient consumer” is slowly but surely closing in on the cliff August 25, 2023 9:47 am
Treasury yields reach highest since 2007; Liquidity issues in Treasuries; Investors demand higher compensation for US government debts and elsewhere. August 21, 2023 3:37 pmAugust 21, 2023 2:51 pm
Global Treasury Yield Hits 15-Year High, Back To 2008 Despite No Change In Industrial Production (REAL 10Y Yield Now Highest Since 2009, Approaching 2%) August 17, 2023 3:06 pm
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. August 16, 2023 9:59 am
10-year yields rise above pre-SVB collapse, highest since 2009. Higher nominal yields impact corporate bonds, increasing refinancing costs. Will we see another blow-up in the next few weeks? August 15, 2023 9:31 am
European natural gas prices surge 40% today, reaching highest since March 2022, with worker strikes potentially limiting supply August 9, 2023 3:26 pm
No one is prepared: Money-market funds are offering the highest yields since 2007; NVDA can take down the entire stock market alone; Speculators are more short treasuries now than they ever have in history… August 8, 2023 9:14 am
Small lender default rate reaches 7.24%, highest since 1991, likely to continue due to high interest rates. August 7, 2023 2:53 pm
US yields skyrocketed after Fitch stripped the US of its AAA rating. 10y yields now at 4.15%, highest since November 2022 August 3, 2023 3:37 pm
