A hub for independent voices and hard truths
by Mike Shedlock I suggest the latter. The market expectation is the former. Let’s discuss the case for a half-point. Image from CME Fedwatch, annotations by Mish. Market Expectation for September There is currently a 43.5 percent chance of a …
Finally an economist that makes sense! https://t.co/qTtcQvJpCb — QE Infinity (@StealthQE4) August 14, 2024 1) What's very interesting about these inventory trends is that they run counter the common narrative about where people are moving. High level – you would …
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 …
by confoundedinterest17 This will not end well. We’ve got trouble in (Potomac) River City! Credit card interest rates have skyrocketed to a shocking 21.51%. Moreover, credit card debt has hit record highs1.51%.
"Who could defeat the US military?" Compounding interest is defeating the US military👇& compounding interest is undefeated v. hegemons. Buy LT USTs if you think the US will lose Cold War 2.0 for lack of printing enough USDs to finance …
Not only did existing home sales continue to collapse with lower interest rates, they're now collapsing FASTER pic.twitter.com/qSIq8XSrTQ — Darth Powell (@VladTheInflator) August 7, 2024 US Mortgage Rates Tumble to 6.55% in Biggest Drop in Two Years
by confoundedinterest17 Here is Biden/Harrisnomics in one chart! Treasury (interest) payments are growing faster than other government outlays and a larger than the entire Defense outlays. Leading outlays include Medicare/Medicaid and Social Security. Here is Treasury Secretary Janet Yellen symbolically …
By Martin Armstrong Clinton’s Gimmick Shifting to Short-term Funding to Reduce Interest Expenditures. I wrote as a guest columnist for the Wall Street Journal back on April 19, 1995, dealing with an issue that seemed to go over everyone’s head. …
https://twitter.com/GayBearRes/status/1816446012275229105 Do you remember how painful the Great Recession was? 2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they …
According to a recent report, interest payments on the U.S. national debt are projected to reach $1.14 trillion this year, which would consume approximately 76% of all personal income taxes collected. This significant increase in interest payments is attributed to rising interest …
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 …
🚨 Here's a wild stat: June 2024 marked the first time in 44 months that no global central bank hiked interest rates. A global easing cycle is upon us. Prepare accordingly. pic.twitter.com/JBpogzFxzb — Jesse Cohen (@JesseCohenInv) July 8, 2024 Funny …
With courts blocking Biden's student loan plans to cancel debt, the Feds have paused payments and interest. pic.twitter.com/vp4TDT8qyf — Wall Street Mav (@WallStreetMav) July 2, 2024 In response to court rulings blocking key elements of the federal government’s new student …
by herbanoutfitter 2009 was bad but this time around it won’t just be mortgages—EVERYTHING is overleveraged. Consumer loans including credit cards, mortgages, car loans, small business loans, corporate loans, private credit instruments. When interest rates were low, that worked fine. …
The interest on the U.S. national debt has surpassed the significant milestone of $1 trillion annually. This cost has nearly doubled over the past three years. It’s a substantial figure, reflecting the financial strain on the government due to rising …
Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the bank’s William McChesney Martin building on May 01, 2024 in Washington, DC. The Federal Reserve is likely to hold interest rates …
Endless spending and low interest rates resulted in 40-year high inflation. Now, over half of American adults believe we are in a recession. Even with endless deficit spending, consumer sentiment is horrible. Follow us @KobeissiLetter for real time analysis as …
Policymakers at the Fed are starting to question if they are being restrictive enough with interest rates at 5%. Rate hikes are definitely back in the debate. No one knows what the neutral rate is now for interest rates. Rate …
Zillow’s mobile app no longer allows you to adjust the interest rate percentage to see what your estimated monthly payment would be if interest rates were lower byu/alltorntogether inREBubble Zillow’s decision to remove the direct adjustment of interest rates from …
Rising government bond yields in Japan usually correlates with lower USD/JPY exchange rate. It should also put a selling pressure on long-term US government bonds as Japanese bonds become more attractive and Japan own $1.2 trillion US bonds. Source: Apollo …
This looming capital need suggests a potential liquidity crunch on the horizon, exacerbated by stress indicators such as a high Fed funds rate and a sharp decline in private credit fundraising, reflecting levels not seen since 2020. BANKING CRISIS 3.0🚨 …
https://twitter.com/futureecogold/status/1795884879890030931 Municipal Bonds and Yields: Municipal bonds (often called “munis”) are debt securities issued by states, local governments, or other public entities. They serve as a crucial financing tool for infrastructure projects, schools, hospitals, and other public needs. The yield …
The buzz around the recent revelation that the U.S. government and the Federal Reserve are secretly plotting to lower interest rates just before the upcoming election has caught everyone’s attention. This maneuver has sparked debate and raised eyebrows across the …
It looks increasingly unlikely that the Federal Reserve will be cutting interest rates after a batch of stronger-than-expected economic data coupled with fresh commentary from policymakers. Economic growth is at least stable if not on the rise, while inflation is …
The United States is hurtling towards a financial disaster, with interest costs on its national debt projected to hit an unprecedented 4% by 2034. This surpasses the previous records set in the 1990s and even the astronomical levels seen during …
Median short interest is low pic.twitter.com/OShAKPPxXx — Win Smart, CFA (@WinfieldSmart) May 22, 2024 "In the week up to May 20, JPMorgan clients cut short positions by 4 percentage points, shifting into neutral while long positions were unchanged at 17%. …
In a concerning development for U.S. economic stability, interest payments on the nation’s burgeoning debt have now exceeded expenditures on defense and Medicare combined. Key Points: Interest payments in the first seven months of fiscal year 2024 reached $514 billion, …
US government interest payment has virtually been a straight line up since 2020 Despite crossing $1 TRILLION, this debt crisis keeps getting worse pic.twitter.com/YE8v8uLZHG — Bravos Research (@bravosresearch) May 18, 2024 2/ What matters here is not overall US government …
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