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JUST IN CASE YOU WERE WORRIED ABOUT HUNTER, LOOKS LIKE HE IS DOING FINE. Four California homes in four years – Hunter Biden is on the move again. The beleaguered First Son and his wife Melissa Cohen have moved into a new $15,800-per-month Malibu pad, DailyMail.com can reveal. And when …
by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/media/Survey/business_leaders/2023/2023_08blsreport.pdf Wages and Prices expected to continue rising over the next 6 months. TLDRS: New York Federal Reserve Bank’s August 2023 Business Leaders Survey shows the region’s (New York, southern New Jersey, and southwestern Connecticut) service sector activity as stable for the second month in a row. Remember, …
The only question on the table is can "stocks" rally without the Tech sector. The answer is they didn't last time. Here we see the Dow peaked about a month after Tech stocks in 2021. And next week is a month this time around. pic.twitter.com/27lgnRIIn2 — Mac10 (@SuburbanDrone) August 11, …
Rents in Manhattan hit a new high in July, as higher interest rates and low supply continued to drive up prices. The average monthly rent in July was $5,588, up 9% over last year and marking a new record. Median rent, at $4,400 per month, also hit a new record, …
Bidenomics: Small Business Outlook Remains Dismal For 19th Straight Month The Biden White House has been struggling to get the American public to buy into its positive spin on the economy, which it has dubbed Bidenomics. On Tuesday, a survey of small businesses indicated why that is such a hard …
Moody’s waits for a four month short covering rally to end and then downgrades bank stocks.https://t.co/8o2SYHn0u5 Third wave down confirmed. pic.twitter.com/U24Azjooza — Mac10 (@SuburbanDrone) August 8, 2023 .. worst day since May 4th $KRE @CNBC pic.twitter.com/m6hKEXyKoo — Carl Quintanilla (@carlquintanilla) August 8, 2023
by confoundedinterest17 “One of the most cowardly things ordinarily people do, Is to shut their eyes to facts.” – C.S. Lewis Okay, we know Biden lies constantly and misrepresents facts (hey, he is a politician like Adam Schiff (D-CA). But this graphic praising Bidenomics with Biden having created the most …
via Mike Shedlock For July, the BLS reports 187,000 jobs vs the Bloomberg Econoday consensus estimate of 200,000. ADP reported gain of 324,000. Last month, ADP reported a stunning jobs gain of 497,000 vs a BLS report of 149,000 private jobs. BLS nonfarm payrolls by job sector. Please consider the …
by Dismal-Jellyfish Source: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/july-filings-propel-2023-us-corporate-bankruptcy-tally-past-2022-s-total-76838356 US corporate bankruptcies rose again in July as high interest rates and a challenging operating environment continue to push US companies over the brink. S&P Global Market Intelligence recorded 64 corporate bankruptcy filings in July, the largest monthly total since March and more filings than in …
Just in from NASA satellites: – July 2023 was NOT the warmest month on the satellite record… an honor still held by February 2016. – July 2023 was about as warm as April 1998. Not that average global temp is meaningful or that we know it to such precision. pic.twitter.com/RWHVra6SAB …
Zillow has gone full-blown housing bull. Zillow expects U.S. home prices to rise 6.3% between June 2023 and June 2024. Among the 200 largest housing markets, Zillow thinks 48 markets will see a jump of 7.0% or greater pic.twitter.com/ibsa0ivR3V — Lance Lambert (@NewsLambert) July 28, 2023
by Dismal-Jellyfish https://www.bea.gov/news/2023/personal-income-and-outlays-june-2023 Wut mean?: In June, people earned $69.5 billion more, which is a 0.3% monthly rise–more money earned more money to spend, adding to inflation… Prices of things people bought (PCE price index) went up slightly by 0.2%. Even if we leave out the usually volatile food and energy …
Richmond Fed manufacturing index showed the sector contracting in the district for the 10th month out of the last 12. This data looks more stagflationary then a substantial recession, still. Actual -9, previous -8 pic.twitter.com/D82XqiDoRm — Don Johnson (@DonMiami3) July 25, 2023
by confoundedinterest17 Its not always sunny in Philadelphia, particularly when The Philly Fed (Phed?) business outlook is down in July again for the 11th straight month at -13.5. Let’s see how long The Fed (aka, Green Man) keeps removing monetary stimulus. An election is approaching!
by confoundedinterest17 Wasting away again with Bidenomics. US existing home sales crashed by -19% in June, the 23rd consecutive month of declines. At least the median price of existing home sales is decreasing as Fed stimultypto vanishes. Just like inventory for sale has vanished. The face of Bidenomics, code for …
Microsoft shares rose as much as 5.8% Tuesday after the company announced a new artificial intelligence subscription service for Microsoft 365. The company will charge users an additional $30 per month for the use of generative AI with tools such as Teams, Excel and Word. Adding on the subscription to …
Here's the US deficit by month for both FY 2022 and FY 2023 YTD. In March, when the regional banking crisis began, the US added a whopping $378 billion to the deficit. September 2022 added $430 billion. Follow us @KobeissiLetter for more as we unpack the latest deficit report. pic.twitter.com/PVAUAFp3D2 …
Ukraine is losing 10,000 drones a month! Russia is using 60,000 artillery shells a day! That’s over 2 million shells a year! h/t Mathetes 2.0
by confoundedinterest17 Livin’ la vida Biden! The Biden Administration has got a line on you! Unfortunately that line is choking America’s middle class and low wages workers with inflation and rising interest rates. Auto loan rates are now up to 7.65%, a gut-wrenching 166% increase under Bidenomics. Average monthly payments also …
The average 30 year mortgage rate just hit 7.22% That rate was about 5% a year ago Yet the median sale price has only slightly decreased This housing market is strong pic.twitter.com/jlJvl4DAKZ — Genevieve Roch-Decter, CFA (@GRDecter) July 6, 2023 With the increase in mortgage rates from 3% to over …
If you think #gold & #silver are slow at the moment,consider this $XAUTRY chart. Gold rose 21x vs Turkish Lira last 10 years.20% THIS month alone. It will happen to your currency.Have to play this commodities bull right, your future depends on it.#brics #purchasingpower 🇹🇷 pic.twitter.com/SRMLnUQ8El — Graddhy – Commodities …
by Chris Black There was never any stated plan to reinforce the German economy. It’s in a death spiral as a result of the sanctions on Russia. Reuters: German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating that Europe’s largest economy faces …
by confoundedinterest17 Dallas after (economic) midnight! Particularly after 5 consecutive months of negative readings. For the fifth straight month, the Dallas Fed’s Texas Manufacturing Outlook survey disappointed expectations, printing -23.2 vs -21.8 exp) and is negative for a fifth straight month. Source: Bloomberg Texas factory activity declined in June, according to …
by confoundedinterest17 It is truly a Fed Inferno! Money supply growth fell again in April from Jerome Powell And The Fed, plummeting further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. April’s drop continues a steep downward trend from the unprecedented highs experienced …
Where do they get this kind of money from? The pharma industry must be making a killing promoting this. Thanks for keeping on paying your taxes. via latimes: The city of San Francisco this week launched a guaranteed income program aimed at the transgender community. The Guaranteed Income for Transgender …
by TonyLiberty It is no surprise that student loan debt in the United States has reached such a high level. With the cost of college tuition continuing to rise, more and more students are taking out loans to pay for their education. This problem is only compounded by the fact …
Yet the bulls in the daily thread still think everyone is bearish There has never been a bigger disconnect between stock market and real world. https://www.yahoo.com/news/rising-rents-diminishing-aid-fueling-042214895.html h/t Witty_Information923
Starbucks Is Banning Pride Decorations, Workers Union Alleges Starbucks has banned Pride decorations in stores halfway through Pride Month, the company’s workers union claimed Tuesday. If true, it would be a stunning cave to far-right anti-LGBTQ fury—but the coffee chain denies that any such policy is in place. There has …
More Suspected Terrorists Found Illegally Crossing Southern Border In April Than In Four Trump Years Combined Border Patrol agents caught 16 people on the FBI’s terror watch list trying to illegally cross the U.S. southwest land border between entry ports in April, bringing this fiscal year’s suspected terrorist arrest total …
You will own nothing and be happy: ‘A universal basic income of £1,600 a month is to be trialled in England for the first time in a pilot programme. Under the pilot programme, 30 people in two areas will be paid an unconditional lump sum each month for two years, …