inflation

Biden In Wonderland! Savings As Percentage Of GDP Goes Negative As Consumer Still Cope With Inflation Of Over 4.50% (But At Least Yield Curve Is Normalizing!)

by confoundedinterest17 President Biden still shuffles around mumbling about Maga Republicans and defending democracy (while gettig his DOJ and affiliates to prosecute his leading Presidential opponent) even though …. consumers continue to struggle. While Biden is in wonderland, American consumers are in hell. Savings as a percentage of GDP is actually NEGATIVE as sticky price …

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Economic Crossroads: M2 Money Supply Contracts… Signals of Deflation Risks Amidst Inflation Patterns…

Recent indicators suggest a potential shift as M2 money supply contracts sharply. While inflation has been the norm in recent years, notable declines in asset prices, such as a 25% drop in used car prices and a 50% decrease in egg prices in 2023, raise questions about deflation risks. Examining historical patterns, instances of deflation …

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Top 10 cities with highest inflation rate – Dallas number 1

The top 10 metro areas where inflation is rising the most are: No. 1 – Dallas-Fort Worth-Arlington, Texas No. 2 – Miami-Fort Lauderdale-West Palm Beach, Florida No. 3 – Urban Honolulu, Hawaii No. 4 – San Diego-Carlsbad, California No. 5 – Detroit-Warren-Dearborn, Michigan No. 6 – Tampa-St. Petersburg-Clearwater, Florida No. 7 – Houston-The Woodlands-Sugar Land, …

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Economic Turmoil Unveiled: GDP Woes, Small Business Struggles, and Inflation Fears Loom…

As of right now, a nowcast from @MacrobondF citing Econforecasting points to GDP growth of only 1% in Q4. and 0.8% through 2 weeks of January. Will be interesting to see how this model moves as we move through Q1 pic.twitter.com/lD8pkjxfkf — Longview Economics (@Lvieweconomics) January 15, 2024 As we delve into the economic landscape, …

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Fed Posts Largest-Ever Annual Operating Loss of $114.3 Billion, Resulting from Stimulus Measures and Inflation Combat.

The Federal Reserve ran an operating loss of $114.3 billion last year, its largest ever, a consequence of its campaign to aggressively support the economy in 2020 and 2021, then jacking up interest rates to combat high inflation. The losses added to already large federal deficits that have required bigger auctions of Treasury debt. The …

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BREAKING: December CPI inflation rate rises to 3.4%, above expectations of 3.2%… Can the Fed really pivot right now?

BREAKING: December CPI inflation rate RISES to 3.4%, above expectations of 3.2%. Core CPI inflation fell to 3.9%, above expectations of 3.8%. This is the 33rd consecutive month with inflation above 3% and first jump since September. Can the Fed really pivot right now? — The Kobeissi Letter (@KobeissiLetter) January 11, 2024 Breaking down the …

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Nobody But The Fed! Expiration Of Fed Bank Bailout Facility Strengthens Calls For Earlier Rate-Cut (As Core Inflation Falls Below Fed Funds Target Rate)

by confoundedinterest17 Nobody manipulates markets like The Federal Reserve! Nobody but The Fed. Here we sit with core inflation rate BELOW the current Fed Funds Target Rate (upper bound). So is it time to start withdrawing its more than ample monetary stimulus. Like the Bank Term Funding Program. The Federal Reserve is likely to retire the …

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Daniel Lacalle: Three Risks to the Inflation Narrative

via Daniel Lacalle: Market expectations of rapid disinflation and a soft landing remain, but January has given a few new risks to the optimistic estimates of disinflation with no impact on the economy. The first risk comes from the commodity complex and freight costs. Market participants have all but ignored the spread of geopolitical risk and assumed …

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Inflation is the Marble Staircase to Greater Riches

BY DAVID HAGGITH Photo by Muzammil Soorma on Unsplash After Treasurer Janet Yellen’s soft reassurance yesterday that we are out of the woods, Powell’s plane has landed and recession never came near us and never will, the World Bank warns today that the global economy is headed for its worst half-decade in thirty years, and a number of …

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Reminder, no matter what you’re being paid, you’re likely getting POORER due to inflation

pic.twitter.com/zBuGsneJeW — Monty Brewster (@KAB656) January 8, 2024 Reminder, the US government inflated home prices so high that people had to give up on owning, give up on retirement, give up on a family, just so old people could retire comfortably. The greatest transfer (theft) of wealth in human history pic.twitter.com/kMVVrTVWok — Darth Powell (@VladTheInflator) …

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Inflation might not be tamed yet. And the numbers coming out right now are probably not the numbers JPow was looking for.

by fan_of_hakiksexydays Energy prices have managed to stay low with the help of lower oil prices. WTI even briefly dropped below $70/barrel. But that might not be enough to tame inflation, and not to the point of rate cuts. Current forecast for inflation. We don’t have the numbers yet, but it’s not looking likely that …

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Surge in Global Freight Rates Sparks Concerns of Accelerating Inflation and Shifting Interest Rates

Oh boy. Global freight rate for containers just surged 61% this week. Not the time to celebrate the end of inflation. A second wave is likely underway. H/t @dailychartbook pic.twitter.com/X9K2DZJDWR — Otavio (Tavi) Costa (@TaviCosta) January 5, 2024 The global freight rate for containers has surged by a staggering 61% this week, casting a shadow …

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“Transitory inflation” just like we saw in 2021 is likely returning now.

BY DAVID HAGGITH The old inflation monster is returning, and it looks “transitorily” familiar: The supply chain pressures that caused the ‘transitory’ part of inflation in 2022 may be about to return if the problems in the Red Sea and Indian Ocean continue,” said Larry Lindsey, chief executive of global economic advisory firm the Lindsey Group. “Neither the …

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IRS Raising Taxes for Inflation

by Chris Black IRS provides tax inflation adjustments for tax year 2024. TLDR — your taxes will DOUBLE unless you’re married, in which case your taxes will TRIPLE. via IRS: IR-2023-208, Nov. 9, 2023 WASHINGTON — The Internal Revenue Service today announced the annual inflation adjustments for more than 60 tax provisions for tax year …

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US Manufacturing Ends 2023 on a Low Note, December PMI at 47.9, Highlighting Contraction, Inflation, and Job Cuts

NEW – U.S. manufacturing performance slipped further into "contraction territory" in December as demand conditions weakened. pic.twitter.com/S18SRkzlmg — Disclose.tv (@disclosetv) January 2, 2024 US Manufacturing Sector Slump Accelerates In December: Orders Down, Prices Up US Manufacturing saw only two months in 2023 that were not in contraction and ended on a decidedly poor note with …

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Inflation woes persist for consumers; CPI fails to reflect reality as homeowners face steep insurance, tax hikes.

CPI isn’t capturing reality for most people Homeowners getting hit with whopping insurance and property tax increases as we enter 2024 And raises are long gone https://t.co/vs38A2VEjz — Amy Nixon (@texasrunnerDFW) December 27, 2023 As long as the banks continue to receive support through the not-so-hidden bailout program, there's little to worry about, except the …

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The Fed Killed Inflation? US Home Prices Surged For 9th Straight Month In October (+4.8% YoY), Led By Miami And Detroit(?)

by confoundedinterest17 So much for “The Fed killed inflation” narrative. Inflation is still alive and well in housing prices. Particularly in cities like Miami and Detroit? Maybe the Lions winning their division for the first time in 30 years helped! The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census …

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Investors favor bonds over commodities, but historical disparity hints at potential commodity resurgence; Inflation drop echoes 1960s, warning of potential final wave.

Indeed, that's a key point. Additionally, the coming commodity super cycle is going to be driven by the supply crunch of essential commodities such as copper and silver. Contributing to their growing scarcity… pic.twitter.com/Kc06kclh6G — Phoenix Capital (@PhoenixCapitalH) December 23, 2023 Equities are expensive. Commodities are generationally cheap Do with this as you wish. pic.twitter.com/SpHmqL6eKk …

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Global Supply Chain Pressure Index rises; Suez and Panama canals affected, China restricts rare-earth exports, heightening short-term goods inflation concerns.

🌍 Global Supply Chain Pressure Index rising. “Two continental shipping passages, the Suez and Panama canals, are suffering from obstructions to trade traffic.” Not good for short-term goods #inflation. H/t: @FinancialTimes pic.twitter.com/FBwiN1DIF1 — Alex Joosten (@joosteninvestor) December 21, 2023 🇨🇳 China Bans Exports of Some Rare-Earth Processing Technologies China accounted for more than two thirds …

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Central Banks Are Causing Something Worse Than Inflation

via Daniel Lacalle: Although the Federal Reserve and the European Central Bank’s message regarding interest rate cuts seems clear, reiterating their commitment to reducing inflation, the market is expecting between five and six interest rate cuts, between 125 and 150 basis points, in the next twelve months. This shows us the bubble bias of many investors. We live in …

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The country is experiencing hard landing? UK inflation unexpectedly drops to a two-year-low of 3.9% which no economist predicted

Hard landing? 👀 https://t.co/4WQwhJuON5 — The Macro Guy (@SagarSinghSetia) December 20, 2023 The fall in UK inflation below 4%, which no economist predicted, will make it very hard for the BOE to stick to its higher for longer stance on rates. https://t.co/mFfIg6VI8Z — Sofia Horta e Costa (@SofiaHCBBG) December 20, 2023 🇬🇧 #BOE Money Printing …

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The risk now is that the Fed invites inflation back, risking credibility and market stability.

Powell: dialling back policy restraint was a discussion topic for us at our meeting today FOMC: 3 cuts in 2024 Williams: We aren't really talking about rate cuts Bostic: 2 rate cuts Mester: Markets are a bit ahead on rate cuts Goolsbee: Fed is not precommiting to cutting… pic.twitter.com/R3qhuhkhDy — Simon Ree (@simon_ree) December 19, …

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Soft Landing Is A Lie: Record-high Pessimism As 66% Of Americans View Today’s Economy Worse Than 2008 Crash And 2020 Lockdowns Amid Persistent Inflation.

https://twitter.com/GregCrennan/status/1737172258467254709 Christmas spending increases due to inflation concerns; 24% cite inflation as the reason, while 37% cut expenses, blaming inflation, up from 15% last year. The surge in homelessness, reaching a staggering 653,104 people, unveils a heartbreaking reality in the U.S. Declining assistance packages and a shocking +20% increase in shelter costs since the pandemic …

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Colorado’s inflation exceeds the national rate at 4.5%. Average family spending increases $1,206 monthly, impacting households.

by Stephen Green Colorado’s year-over-year inflation continues to outpace the national rate of 3.1%. While inflation rates in the Denver metro area have dropped to 4.5% in November, down from 5.4% in September, Colorado’s year-over-year inflation rate still surpasses the national average of 3.1%. According to analysis conducted by the Colorado State Initiative (CSI), the average …

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U.S. food banks grapple with strained donations as people battle FOOD INFLATION

via Naturalnews: As the Christmas holiday approaches, food banks in the U.S. are grappling with strained resources due to inflation. In a survey conducted by impact technology company Divert Inc, only 25 percent of respondents were more likely to donate during this holiday season because of the escalating cost of food and groceries. Moreover, the survey found that the …

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What happened? Powell went from cautiously hawkish to openly dovish over the course of a month. We have seen in past that even when interest rates are high it took around 5 years for inflation to go down.

https://twitter.com/TRUMP4USD/status/1735657299811909701 Save this article headline … This is going to be one of those we look back on and laugh at. pic.twitter.com/qJs5C4TwJD — Wall Street Mav (@WallStreetMav) December 15, 2023 *WILLIAMS: WE AREN’T REALLY TALKING ABOUT RATE CUTS RIGHT NOW Two days ago: POWELL: RATE CUTS ARE A TOPIC OF DISCUSSION RIGHT NOW — zerohedge …

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