Independent thinking for complex markets and current events
Huge shocker: the richest 10% of Americans are responsible for 40% of the greenhouse gas emissions in the United States. So all those rich people lecturing you about climate justice could probably make a huge dent in the problem if they were put on 24/7 climate lockdowns. Because obviously democracy means the 90% shouldn’t be …
Household’s networth is sharply contracting The last 2 times this happened, a recession followed pic.twitter.com/guI3dwPd8k — Bravos Research (@bravosresearch) July 21, 2023 🚨🚨🚨 Current home prices with current mortgage rates don’t make sense at the same time. One or the other has to come down. Either housing price decline or the Fed lowers rates to …
UK households withdrawing savings at fastest ever rate, official figures show UK households are pulling money out of their savings accounts at the fastest rate ever recorded, as they draw on rainy day funds to weather the cost of living storm. Figures from the Bank of England show households withdrew a net £4.6bn from banks …