A hub for independent voices and hard truths
This guy talking about how the Biden-Harris regime's inflation has ruined his life is pure GOLD pic.twitter.com/AsrGDE6lgC — George (@BehizyTweets) August 15, 2024 OH MY GOSH! No way Trump just did this on stage 😂😂😂😂 Trump: "This is inflation" pic.twitter.com/dXJSXJ59cC — George (@BehizyTweets) August 14, 2024
The rate at which inflation is increasing slowed to 2.9% in July, but it’s still increasing. Here’s inflation under Biden/Harris compared to Trump. This is how working- and middle-class Americans experience inflation & it’s still ugly. pic.twitter.com/cPIf3B26yE — Andy Puzder (@AndyPuzder) August 14, 2024
by confoundedinterest17 Following last month’s ‘deflationary’ print (-0.1% MoM), analysts expected headline CPI to rise 0.2% MoM and they were spot on, shifting the YoY CPI print to 2.9% (from 3.0%) – the lowest since March 2021… Source: Bloomberg Core CPI also rose 0.2% MoM (as expected), and the YoY rate of …
by TonyLiberty Fed chief Powell to set table for September rate cut at Jackson Hole, but jobs data will set the size Oh yay. Only 2.9% higher than the 4.5% increase last year and the 8.8% higher increase the year before and the 3% before. So we are only 21% …
The mega-viral conversation between X Boss Elon Musk and GOP Frontrunner Donald Trump was a resounding success for the liberty movement as tens-of-millions listened to the duo break down the most pressing issues ahead of the Presidential Election. Watch & share highlights of the groundbreaking encounter where everything from new …
Debt levels are alarming. This can’t end well. h/t IAmNotAnEconomist
by Dismal-Jellyfish TLDRS: Consumer credit increased at a seasonally adjusted annual rate of 2.4 percent during the second quarter. Revolving credit (credit cards) increased at an annual rate of 1.2 percent. Nonrevolving credit increased at an annual rate of 2.9 percent. In June, consumer credit increased at an annual rate …
Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Environment and Public Works (EPW) Committee, and Senator Pete Ricketts (R-Neb.) GOP senators have accused the Biden-Harris administration of funneling taxpayer dollars into radical extremist groups through the controversial Inflation Reduction Act (IRA). During a press conference on Wednesday, Rep. Shelley …
https://twitter.com/FinanceLancelot/status/1818953185555268035 "For the JOLTS, response rates are barely above 30%, and numbers answering inflation and employment surveys have also dropped severely."@johnauthers pic.twitter.com/6Zx1QlRcwp — Daily Chartbook (@dailychartbook) August 1, 2024 Much of the head fake improvement in manufacturing in early 2024 was due to a non-cyclical increase in auto production. Meanwhile, …
Inflation-adjusted hourly compensation is down 5.2% since the final quarter of '20 and is unchanged from a year ago, despite an increase in productivity and higher nominal pay: pic.twitter.com/1goh8soIMQ — E.J. Antoni, Ph.D. (@RealEJAntoni) August 1, 2024 US CPI inflation set to collapse. The Q2 productivity and unit labour cost …
The Fed’s fight against inflation is still not over: Supercore inflation CPI increased by 4.7% year-over-year in June, slightly down from 4.8% in May. Supercore inflation is an important gauge that the Fed follows which includes Core services less housing. Despite the first… pic.twitter.com/iJoeD9yv1z — The Kobeissi Letter (@KobeissiLetter) July …
While the Biden administration’s electric vehicle mandates continue to run up against roadblocks — primarily, consumers are reluctant to buy the EVs at rates President Joe Biden wants — it’s also looking to force trucking companies to transition their trucks over to electric. The plan has been met with considerable opposition from …
And no "correlating" inflation… I wonder who predicted that?? O that would be me. Government spending is rarely inflationary as it is non productive. One exception was PPP, that was like a massive business tax cut. When you put a massive amount of money in the hands of the… — …
Russia’s central bank raised its key interest to 18 percent on Friday, the sixth hike in just over a year as it seeks to tame soaring price rises. Prices have risen fast since Moscow launched its full-scale offensive in Ukraine in February 2022, as massive government spending and skyrocketing wages …
While GDP and inflation are critical indicators of economic health, unemployment also plays a significant role in market dynamics. High unemployment can lead to decreased consumer spending, which in turn affects corporate earnings and investor confidence. This can trigger market volatility and spread widening as investors seek safer assets. Q2 …
2024 current annualized Fed inflation PCE Gauge is at 3.6%. In the previous 3 years, 23: 3.6% 22: 5.5% 21: 5.8% Let’s call it 4% inflation average, that means at the current rate we lose -50% in purchasing power in another 15 years. Good luck! pic.twitter.com/iCHdFqUFlu — The Punisher (of …
BY DAVID HAGGITH And I’m DEAD WRONG on all of it (if all that you read is true)… but so is the Fed! Photo by Andrej Lišakov on Unsplash I’ve had, one might say, a great run for all of my predictions this year. Every step along the way, I was able to …
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut. The personal consumption expenditures price index increased 0.1% on the month and was up 2.5% from a year ago, in …
They're robbing you blind and most don't even realize it Then when you feel happy about your home value going up… you get to pay more taxes on that too — TheWealthCoach (@indexnforgetit) July 23, 2024 It's really sad that so many people in the USA 🇺🇸 actually believe the …
Kamala Harris said “every day” she has been working to "reduced heating and electricity bills so folks have more money in their pocket” When she said this – Electricity was up 11.9%– Fuel oil was up 27.7%– Natural gas was up 26.7% American won’t survive 4 more years of lies …
The latest inflation report says we’re still 50% over the Fed’s target. Is that really close enough? Will inflation disappear by itself? Why is Jerome Powell so close to giving up the inflation fight? From Peter Reagan at Birch Gold Group | Reading time: 3 minutes Morgan Stanley thinks the Federal Reserve could start …
The rate of inflation has subsided. And that’s good news – but not quite as good as the White House would like you to believe. Here’s why… From Peter Reagan at Birch Gold Group | Reading time: 5 minutes I regret to inform you, the corporate media is spinning the latest inflation …
JUST IN: More than 33% of US consumers are now worried about making ends meet over the next 6 months. This includes 30% of Americans earning $150,000 or more annually, according to the Fed survey of 5,000 respondents. Over the last 12 months, 43% of all surveyed consumers and… pic.twitter.com/fRqJlcbOUv …
JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures. “There has been some progress bringing inflation down, but there are still multiple inflationary forces in front of us: large fiscal deficits, infrastructure needs, restructuring of trade and remilitarization of …
by confoundedinterest17 Are you ready? You can tell an election is on the radar since inflation numbers are settling down for the most part. According to the BLS, overall inflation fell slightly in June to 3.0%. Shelter CPI is up 5.14% YoY as M2 Money growth has been rising slowly … again. …
Cost of Living in the U.S.: According to a USA TODAY/Suffolk Poll, approximately 52% of Americans believe that the United States is too expensive to live in. Rising prices for essentials like food, shelter, health care, and transportation have put financial strain on many households. Gen Z and Secondhand Shopping: Gen Z …
Federal Reserve chair Jerome Powell told lawmakers on Tuesday that a weakening labor market is just as much a risk to the economy as high inflation. Why it matters: In recent months, Fed officials have said they want to see more economic data that confirms inflation is receding before lowering interest rates. But Powell acknowledges …
Up another 10% this week https://t.co/uVIKk7pMAN pic.twitter.com/LspLhrwuUl — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) July 5, 2024