Searches for “Can’t pay credit card” hitting all time highs; Credit card spending is starting to collapse

Searches for "Can't pay credit card" hitting all time highs pic.twitter.com/s7hkSebIq2 — Darth Powell (@VladTheInflator) October 15, 2023 Credit card spending is finally starting to collapse… pic.twitter.com/XaMDwzyEIc — Bravos Research (@bravosresearch) October 16, 2023 Parallels of 2018 keep flashing red. Back then US retail spending collapsed in November and December …

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Slippin’ Into Darkness Under Bidenomics! US Pending Home Sales Nosedive -18.80% Since Last Year As Mortgage Rates Hit 20 Year Highs

by confoundedinterest17 The US housing market is slippin’ into darkness under Bidenomics. With existing home sales at their lowest since 2010 and new home sales finally hitting the wall, pending home sales were expected to decline MoM in August after an uptick in July (amid soaring mortgage rates and plunging affordability) …

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US dollar Index reaching 2023 highs

More pain in financial Equity markets is almost guaranteed with the US dollar Index reaching its 2023 highs of the year. Not only that but oil is bouncing back very hard despite the strong dollar. What’s up almost 3% for the day. We’re going to see an oil shock like …

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Pushin’ Too Hard? Mortgage Rates Jump To 23-Year Highs As Conference Board Leading Economic Indicator Declined To -7.6% YoY

by confoundedinterest17 Is The Fed pushin’ too hard on rates to fight inflation? Or not hard enough?? Between the data and the overnight momentum in overseas markets, bonds are at their weakest levels in years. Mortgage-backed securities (the bonds that dictate mortgage rates) didn’t swoon quite as much as Treasuries, but as …

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Energy stocks are 5% below highs, indicating oil’s potential return of 48%, impacting Fed policy and financial markets. Rate hikes probability decreases, but odds of rate cuts drop, with no cuts until May 2024.

Energy stocks are only 5% away from recent highs. If historical correlations matter, it is hard to believe oil won't follow the same path. That alone would imply a 48% return from its current levels. As a crucial contributor to inflation, rising energy costs could have a… pic.twitter.com/fBZ60dhWlO — Otavio …

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Retail investors are once again buying market highs

#Retail #investors are once again buying #market highs. @thedailyshot pic.twitter.com/TzbkxDvoee — Lance Roberts (@LanceRoberts) August 4, 2023 Bloomberg is aggressively pumping 2 narratives this morning: 1) We can have higher rates for longer & a soft landing2) We are coming out of the recession Both statements are complete B.S. They're …

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Home foreclosures surge, car repossessions reach new highs, real estate prices plummet, widespread decline expected.

Home foreclosures starting to explode Have you been looking around the housing market and thinking “There goes the neighborhood”? Well, you are not alone. In May of this year, ATTOM recorded a sharp uptick in foreclosure rates around the United States. Adding up notices of default, repossession by banks and …

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US reaches highest apartment vacancy rate since 2017, with metros reaching 6+ year highs… “Similar to 2007 levels” for real estate sales volume.

New ApartmentList data dropped The United States hit the HIGHEST average vacancy rate since they started tracking data in 2017 with the following metros hitting 6+ year highs: pic.twitter.com/8xqVfGyKef — Darth Powell (@VladTheInflator) August 2, 2023 “Similar to 2007 levels” for real estate sales volume. https://t.co/fk6JHQPSfS — Don Johnson (@DonMiami3) …

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‘Did you know that call options volume in the S&P 500, NASDAQ 100 and Russell 2000 have recently hit all-time highs? And we’ve just seen all-time highs in weekly tech inflows?’

Did you know that call options volume in the S&P 500, NASDAQ 100 and Russell 2000 have recently hit all-time highs? And we've just seen all-time highs in weekly tech inflows? Want to learn more? The latest Charts of the Week is now available!https://t.co/IaXDP7KXDc — Markets & Mayhem (@Mayhem4Markets) June …

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