A hub for independent voices and hard truths
HSBC's Kettner: The danger is “we're all getting sort of lulled into, ‘Oh yeah, everything's fine…inflation is going to slow itself. One of the concerns that we have is that headline US inflation on our measure is going to reaccelerate” …
US consumer confidence is soaring to a two-year high as a robust job market and easing inflation foster renewed optimism. pic.twitter.com/hbr0xT2Agm — Quiver Quantitative (@QuiverQuant) July 25, 2023 https://finance.yahoo.com/news/consumer-confidence-hits-highest-level-in-two-years-155813210.html We shall see how confident many consumers are when student loan …
By Graham Summers, MBA Yesterday, I noted that inflation has very likely bottomed for 2023. No one in the media is discussing this, but the only parts of the inflation data that is actually falling are energy prices. See for …
via mishtalk: The US Manufacturing PMI improved a bit but remains in contraction as service sector growth weakens. S&P reports US expansion loses momentum as service sector growth slows in July. S&P US Composite PMI™ Key Points Flash US PMI Composite …
By Graham Summers, MBA Inflation has very likely bottomed for 2023. The inflation data published in the U.S. is based on year over year comparisons. When the Consumer Price Index (CPI) comes out at 5%, what it’s really stating is …
2/ Rising bankruptcies coincides with bond yields hitting 4%, a level previously associated with the Silicon Valley Bank collapse and UK pension fund crisis pic.twitter.com/tcC6aBY9UD — Bravos Research (@bravosresearch) July 20, 2023 4/ A Deutsche Bank survey indicates that over …
by pman6 People like to focus on YoY inflation compared to previous year, ignoring 2-3 years ago. Things went from relatively stable 2-3% yoy inflation prior to covid, to a quick jump during 2021-2023. So cpi July 2021 was 5% …
High interest rates continue to cause rapid inflows to money market funds from bank deposits This should put pressure on banks causing them to maintain tight lending standards pic.twitter.com/wzZaFSQKjW — Bravos Research (@bravosresearch) July 19, 2023 Beware: Falling inflation is …
INFLATION: Re-Accelerating big time here in July pic.twitter.com/YOlL7l8P1V — Keith McCullough (@KeithMcCullough) July 19, 2023 The War Against Inflation Still Has a Long Way To Go Despite recent reports indicating a slowdown in inflation, the battle against soaring prices …
by Michael Inflation is going down! Isn’t that wonderful? When many less educated Americans hear this news, they will think that prices are going down. But that is not true at all. In fact, prices are still going up. They …
by Dismal-Jellyfish Source: https://www.bls.gov/news.release/cpi.nr0.htm All items less food and energy: Inflation and Housing: The overall index for items excluding food and energy increased by 0.2% in June. The cost of housing, represented by the shelter index, rose by 0.4% in …
by bitkogan Sure, 3% is better than 9%. But given the new record highs in stock indices, it’s still not better enough to expect the Fed to start cutting interest rates anytime soon. Firstly, 3% is still above the Federal …
by Dismal-Jellyfish Remember, CPI tracks the loss of the purchasing power of your dollars, & thereby the purchasing power of your hard earned labor. Source: https://fred.stlouisfed.org/series/CUUR0000SA0R#0 Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing …
via YAHOO: Joe Biden’s race to embrace electric vehicles risks overwhelming US charging infrastructure and creating disastrous supply shortages, two of the world’s biggest carmakers have said. Toyota and Vauxhall owner Stellantis accused the President of being “overly optimistic” …
by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to …
by confoundedinterest17 As M2 Money growth has stalled, we are seeing inflation cool a bit. Core inflation YoY is now down to 4.8% (still >2x Fed target). The good news? REAL average hourly earnings YoY is finally positive for the …
CPI 0.2% M/M, Exp. 0.3%CPI Core 0.2% M/M, Exp. 0.3% CPI 3.0% Y/Y, Exp. 3.1%, CPI Core 4.8% Y/Y, Exp. 5.0% — zerohedge (@zerohedge) July 12, 2023 The Fed’s inflation job is not done yet Despite headline inflation trending lower, …
So many think 2% inflation is fine. Here's what I'd love everyone to understand… In a 40 year working life:2% inflation destroys 55% of the value of your money.4% is 79% loss6% is 90% destruction THEFT! — Gary Brode (@Gary_Brode) …
Cost of college tuition has risen 710% since 1983 (1200% if you go back to 1980). CPI Inflation meanwhile? 194% 🤨 pic.twitter.com/DD1ftPrkB2 — Wall Street Mav (@WallStreetMav) July 10, 2023
“Back in 2017 when the Fed Balance sheet was $4.5 trillion … this was their forecast going forward, shrinking the balance sheet to $2 trillion by 2022. Instead we are at $8.3 trillion today. With the US govt running deficits …
IMF worries inflation can't be stopped pic.twitter.com/TE6PwuvYFj — Peter St Onge, Ph.D. (@profstonge) July 6, 2023 Dallas Fed President Lorie Logan gets right to the point in her speech: “I remain very concerned about whether inflation will return to target …
The Biden Admin Is Scrambling To Spend $27 Billion ‘Slush Fund’ Before Congress Claws It Back President Joe Biden’s Environmental Protection Agency (EPA) is making plans to rapidly invest billions of dollars in green energy and technology projects before the …
by toofpased https://duckduckgo.com/?q=wikipedia+inflation&t=brave&ia=web
Global Central Banks Set to Diverge on Rates as Stubborn Inflation Stalks Fed, ECB Quarterly outlook on what to expect from monetary policy A less synchronized picture is emerging for the world economy Stubborn inflation keeping US and European officials …
Inflation isn't really falling like headlines say. Core +5.3%, food +6.7%. The only reason headline was 4% is gas/fuel oil at -11.7%. @BobEUnlimited has an excellent series of tweets that talk about wages +5.7% w/ -0.7% productivity and structural inflation. …
