So much for cutting back on spending, US National Debt has now increased by over $2 trillion in just 4 months. October 5, 2023 6:20 pm
The cost of borrowing has increased significantly, and small firms are feeling the heat. Small businesses facing tough times with rising bankruptcies. October 2, 2023 7:37 pmOctober 2, 2023 6:55 pm
Bidenomics/Covid Increased Federal Outlays By 30% From January 2020, M2 Money UP 36% (US Debt Tops $33 Trillion With $194 Trillion In Unfunded Liabilities) October 2, 2023 2:57 pm
Since 2000, the average US family health insurance premium has increased by 249% (5.8% annually). September 29, 2023 8:55 am
Mortgage Applications Increased 5.4% Last Week, But Purchase Demand Still Down -26% YoY And Refi Demand Down -29% YoY (Despite Mortgage Rate Rising To 7.31%) September 20, 2023 9:02 pm
OPEC predicts a significant supply shortfall of over 3 million barrels per day in global oil markets next quarter, potentially leading to the largest inventory drawdown since 2007… Food prices have consistently increased September 14, 2023 3:05 pm
In June, the total amount of money owed to finance companies (Consumers, Real Estate, Business) increased 17.7%. In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537 August 31, 2023 9:09 pm
Inflation Alert! The Fed’s preferred inflation measure continues to rise! Excluding food and energy, the PCE price index increased 4.2 percent from one year ago–still more than DOUBLE the Fed’s 2% target. More fuel for rate hikes… August 31, 2023 11:42 am
Mortality Rate Jumps 40% In Last 2 Years For People Under 24… Here We Go: ”Experts” Warn Of ‘increased Risk Of Death’ Two Years After Getting Covid19 August 27, 2023 8:34 am
NY Fed Survey: Expected likelihood of becoming unemployed rises. Meanwhile, conditional on expecting an offer, the average expected annual salary in the next 4 months increased sharply to $67,416 from $60,310 in July 2022, a new record. Wages on offers up over 14% since July 2022, Inflation fuel! August 23, 2023 3:11 pm
“Dynamic Stochastic General Equilibrium” model suggests the short-run natural rate of interest has increased considerably over the past year August 21, 2023 10:39 am
Minutes of the Federal Open Market Committee, July 25-26, 2023: “Various participants commented on risks that could affect some banks, including unrealized losses on assets resulting from rising interest rates, significant reliance on uninsured deposits, and increased funding costs.” August 16, 2023 3:52 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
New York Fed: Total Household Debt Reaches $17.06 Trillion in Q2 2023 (increased by $2.9 trillion since the end of 2019); Credit Card Debt Exceeds $1 Trillion for the first time. The Debt Time Bomb is Ticking… August 8, 2023 3:16 pm
Ford set to lose $4.5 billion on electric vehicles this year, despite increased revenue July 31, 2023 7:59 pm
The US national debt has increased by $1.8 trillion since the “debt ceiling crisis”. They did it in less than 2 months. At this rate, in 3 months, the debt will be 4 trillion. US Treasury is issuing $102B of long-duration bonds in the upcoming weeks. July 31, 2023 2:51 pm
Debit Balances in Customers’ Securities Margin Accounts increased by $37,058 million, or 5.75% from May to June–the biggest jump since December 2022. This implies that customers are borrowing more money from their brokers to buy securities on margin. July 27, 2023 10:28 am
US government interest payments on federal debt surpass defense spending, indicating a trend towards increased debt costs, potentially constraining fiscal agendas. July 20, 2023 10:18 am
From 1980 to 2023, the S&P 500 increased 32x. (140 to 4,500). You know what else increased 32x from 1980 to 2023?…The US national debt. ($1T to $32T). July 18, 2023 2:30 pm
Car insurance rates hit highest levels in 30 years due to more accidents, higher repair costs, bigger medical bills and increased litigation July 17, 2023 10:21 pm
Americans face increased credit rejection rates, reaching 21.8% in 12 months through June. The rejection rate for auto loans exceeded the application rate. July 18, 2023 10:13 amJuly 17, 2023 9:34 pm
US government tax revenue dropped 9.2% in June, 7.3% TTM, largest drop since lockdown, and 15% increased spending. July 16, 2023 7:39 pm
Federal Reserve Alert! Beige Book July 12, 2023: “many contacts reported an inability to fully pass on increased costs to consumers, which has compressed margins.” Is the ‘Greedflation’ Peak in Sight? July 12, 2023 10:07 pm
FICC-GOV,FICC-MBS,DTC,NSCC Alert! New Minimum Capital Requirements: the increased capital requirements take effect on August 26, 2023 July 14, 2023 8:03 amJuly 12, 2023 9:47 am
FAA Changed Planes for Sake of “Climate Change,” Then Blamed Increased Turbulence That Resulted on . . . Yep, Climate Change July 8, 2023 10:42 pm
Jun JobsReport lackluster, recession indicators, low payrolls, 3.6% unemployment rate. Increased part-time job demand due to economic conditions. July 7, 2023 9:39 pm