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
The Fed issues debt, then buys it back to artificially suppress interest rates August 11, 2023 9:20 pm
Canada extends 25-year mortgages to 90-years… Difference in interest paid for 25-year and 90-year mortgages: $448,196 vs $2,124,469, respectively. August 11, 2023 3:19 pm
Fed raises interest rates, bails out banks, ultra-rich, deepening middle class’s borrowing needs to combat inflation. August 10, 2023 11:03 am
Small lender default rate reaches 7.24%, highest since 1991, likely to continue due to high interest rates. August 7, 2023 2:53 pm
Liquidity is flowing out of banks paying piddly .15% interest on accounts, as yield seekers flock into money markets & other higher-yielding financial instruments. Cue worsening liquidity crisis at local and regional banks in 3-2-1… August 4, 2023 8:26 pm
US government revenue is $5 trillion annually, with 42% of it coming from personal income taxes, requiring half to pay interest on the $33 trillion debt. August 4, 2023 8:41 pmAugust 4, 2023 7:46 pm
High interest rates drive people to money market funds, reducing banks’ lending capacity and increasing caution August 4, 2023 7:34 pm
Listen To Multi-billionaires Like Jamie Dimon And Warren Buffett. Fitch Downgraded US Debt $32.7 Trillions, Interest Payment Of $1 Trillion, Jenet Yellen Set To Borrow Another $1.8 Trillions Until The End Of The Year After Already Borrowed $1 Trillion After Deb Ceiling Suspension In May. August 3, 2023 9:19 pm
Gov Gone Wild! Wild Federal Spending, Massive Deficits And Soaring Interest Payments On Debt Requires More Fed Intervention (Bidenomics At Work!) August 3, 2023 2:37 pm
Inflation Alert! Bank of England raises interest rates to highest level since the Great Financial Crisis. August 3, 2023 11:45 am
UK house prices drop by most since 2009 amid rising interest rates (Housing Bubble 2.0 is bursting) August 3, 2023 10:11 am
2023 financial statistics show record high US debt, $1 trillion annual interest expense, high credit card debt, and 20.69% average interest rate. August 2, 2023 9:31 pm
Bidenomics! Mortgage Demand Decreases 3.0% From One Week Earlier, But Purchase Demand Down 26% From Last Year, Down -45% Under Biden While Mortgage Rates Are UP 134% (US Interest Expenses Surged By 50% In Past Year To Nearly $1 Trillion On Annualized Basis) August 2, 2023 9:36 am
Interest On US Debt Of $32.6 Trillions Reaches $970 Billions Annually In Q2 2023. Current Deficit Running At $1.39 Trillions In June 2023. Fed Is Operating At A Loss Of $82.683 Billions July 28, 2023 9:24 am
Corp. net interest expense rose sharply, leading to faster bankruptcy filings for companies… July 27, 2023 8:47 am
Fed interest rate hikes do nothing to “fight inflation” as long as the Fed is sitting on this bloated balance sheet and will blow it out even further to forestall the financial reckoning day July 25, 2023 11:22 am
Bidenomics Or How Washington Ruined America’s Future: Interest on Federal Debt Rose 76% Under Biden (US Interest On Federal Debt > 6x EU Defense Spending As Unfunded US Liabilities Exceed $192 TRILLION!) July 25, 2023 10:11 am
Corporate net interest payments stay low due to fixed debt, higher interest rates slow to drive a recession July 21, 2023 9:54 pm
The Fed Will Almost Certainly Hike Interest Rate Next Week. This Could Add Accelerant To Market Downturn July 20, 2023 11:30 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
High interest rates drive inflows to money market funds, pressure banks; Falling inflation impacts earnings July 19, 2023 3:43 pm
Powell’d! Interest Expenses Soar At Big Banks As Fed Tightens Money (The Fed Is Playing A Game) July 14, 2023 10:07 pm
Real interest rates went from -8% to 2.28%. If rates are like gravity to stocks (F = – mg) so why are stocks moving at velocity = √2GM/r. July 14, 2023 9:38 am