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The used car market is in a curious state as prices have continued to fall precipitously in the early part of 2024, but they have yet to reach pre-pandemic levels due to higher-than-usual demand. Data from the first 15 days …
Because a marketing degree doesn’t actually teach people how to market. Being in the trenches does. Companies hire based on skills, not fancy papers you hang on a wall. — Travis Jamison (@Travis_Jamison) March 19, 2024 In many areas, they …
This trend could have serious repercussions. Functional illiteracy is fundamentally a democracy problem too. — The Intellectualist (@highbrow_nobrow) March 18, 2024
This trend raises alarm about the broader risks from interlinked dependencies. LONDON, March 14 (Reuters) – Europe’s private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks posed by this interconnectedness. A …
Global Corporate Defaults hit highest level since the Global Financial Crisis pic.twitter.com/A676mRcBI7 — Win Smart, CFA (@WinfieldSmart) March 14, 2024 Meanwhile in US: WARNING: Credit card default rate for small lenders have just hit a new record of 7.8% These …
Tesla, $TSLA, investors have been writing the judge who threw out Elon Musk’s record-setting $55.8 billion pay package, but she's not reading the letters as she says it will "break ethics rules," per Bloomberg. — unusual_whales (@unusual_whales) March 13, 2024
“According Joe Scarborough, Russia is still a communist country, so by refusing to send another $60b to Ukraine, House GOP “surrendered to communists.” Stupidity on this level should be illegal, but as I said, Joseph McCarthy’s biggest mistake was being …
by confoundedinterest17 As some fans celebrate the Kansas City Chiefs Superbowl victory over the San Francisco 49ers (the game was so much like bread and circuses from the Roman Empire except for who is being thrown to the lions), we …
by Stephen Green Judge Kathaleen McCormick rescinded Elon Musk's $55 billion Tesla compensation package, overturning the company's board and 80% of its shareholders. McCormick also ruled against @elonmusk during his Twitter acquisition. Before becoming the head of the Delaware Chancery Court,… …
While I didn’t see any snow when I lived in California, I was always hopeful to see a flurry or something aside from sea fog. By middle of next week — Feb 7, the weather pattern shifts to bring conditions …
China Tells Cabin Crew to Wear Diapers on Risky Covid Flights China aviation regulator issues virus guidelines for airlines Applies to charter flights to and from ‘pandemic’ countries China’s aviation regulator is recommending cabin crew on charter flights to …
via creditbubblebulletin: As my thoughts turned this week to “Issues 2024,” my mind returned to the great American economist Hyman Minsky (1919-1996). The dynamic evolution of Capitalistic systems, innovation and financial structures, the “Financial Instability Hypothesis,” “Ponzi finance”, “stability is …
To clarify: Plans don't always change in the literal sense. One common way pay plans change (and have been changing) is by increasing dealership "packs" — essentially the overhead costs associated with each vehicle. But this is risky because it …
https://www.ft.com/content/a02cb631-8ae4-4ac2-be45-edfa776ed75f The world’s corporate sector has been hit by a wave of bankruptcies occurring at a double-digit pace unseen in decades, the Financial Times reported on Monday, citing data from national statistics offices. Business insolvencies in the US saw a …
https://twitter.com/WinfieldSmart/status/1735059771114360986 https://twitter.com/WinfieldSmart/status/1735060111888925103 Who would have thought that Fed tightening is followed by jumps in volatility pic.twitter.com/U02UnGCwhu — Michael A. Arouet (@MichaelAArouet) December 14, 2023 Markets had the BEST day since 2009 Major assets all climbed at least 1% each Wild. …
by Chris Black You create 10,000 widgets of no real value, that cost you $.50 each. You get ten friends to buy the widgets for $1 each, doubling your money. You say to get ten friends to buy the widge… …
Will It Be Riot Season Again in 2024? Conservatives must learn the lessons of 2020—and prepare. via city-journal.org: The resurgence of public protests in support of Hamas has revealed a disturbing truth: the left-wing rioting following George Floyd’s death …
Source: https://www.newyorkfed.org/microeconomics/sce/credit-access#/financial-fragility1 Wut Mean?: Overall Decline in Consumer Credit Demand (2023): General weakening in most credit application rates. Credit card limit increase applications rose. Rejection Rates Trends: Overall rise in rejection rates for credit applications. Decline in rejection rates for …
via cleveland19 The average Composite score on the ACT test for the class of 2023 has fallen to 19.5 out of 36, according to a report. The decrease in scores marks a decline of 0.3 points from 2022, when the average …
In a grim assessment, the pervasive corruption within the system stands as an undeniable truth. Rather than earnestly addressing and holding those engaged in corruption accountable, the establishments appear more inclined to silence and punish those who dare to expose …
by TonyLiberty The US housing market is at its most unaffordable level in 39 years, with mortgage rates at record highs near 8%. Monthly principal and interest payments on a median-priced home have surpassed $2,500 for the first time since …
by confoundedinterest17 We are back in time … at least for the mortgage market. Thanks to Bidenomics!!!! Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending …
March 9, 2022… Will Live In Infamy Authored by James Rickards via DailyReckoning.com, Where were you on March 9, 2022, when President Biden signed the death warrant on American freedom? On that day, in a hushed ceremony at the White …
by confoundedinterest17 The US is teetering on World War III with tensions soaring in the Middle East, Ukraine, and southeast Asia. And Biden wanders off to Rehobeth Beach Delaware to relax … while over 200 Americans are still held hostage …
JPMorgan’s CEO Criticizes Central Banks for ‘Dead Wrong’ Forecasts Jamie Dimon of JPMorgan lambasted central banks for their glaring past forecasting errors, casting doubt on their ability to navigate the looming economic uncertainties. He drew a grim parallel …
Cocoa surged to the highest level in 44 years as global shortages boost costs for chocolate makers, per Bloomberg: pic.twitter.com/5kiCSQ4t4f — unusual_whales (@unusual_whales) October 24, 2023
BREAKING: Cardiac arrest events in Victoria, Australia are now at the highest level ever recorded. Australian National Reviewhttps://t.co/kzEmcPiuAg pic.twitter.com/93bM690sK8 — jamiemcintyre (@jamiemcintyre21) October 22, 2023
🇺🇸 *US SEPT. LEADING INDICATOR FALLS 0.7% M/M; EST. -0.4% (18th straight drop) – BBG *On a YoY basis, the index fell 7.8%. *Usually, this level is associated with #recession. pic.twitter.com/sCe9Q70mY5 — Christophe Barraud🛢🐳 (@C_Barraud) October 19, 2023 Recession comes …
https://twitter.com/LauraLoomer/status/1710788336237883434?ref_src=twsrc%5Etfw
Bowman calls out she is in the rates higher for longer camp while leaving room to continue raising rates. She calls out the PCE index rising but fails to mention that it was being undercounted previously and is actually HIGHER going …