Joseph Brown: The rapid depletion of the Reverse Repo facility, with $1 trillion drained in just 6 months, signals a concerning trend amid government borrowing acceleration, ultimately leading to significantly higher interest rates.

from Joseph Brown: The Reverse Repo facility has seen $1 trillion drain out in just the last 6 months What happens when it runs out? Its important to remember what this account is for, and where this money came from …

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Many Americans are experiencing financial hardship due to the rising expenses of basic needs including housing, transportation, and credit card debt. Personal income fails to keep up with spending for three months.

With the median mortgage payment exceeding the cost of rent by $1,000 per month and average new car payments and used car loan interest rates reaching new highs, households are feeling the strain of increasing expenses. The milestone of $1 …

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“Disinflation” Honeymoon is over! Wholesale inflation posts largest increase in 14 months as producer price index jumped .7% (economists predicted .4%) in August. The PPI report captures what companies pay for supplies, with these costs usually passed down to consumers. PPI + yesterday’s CPI = Inflation GROWING!

by Dismal-Jellyfish https://www.bls.gov/news.release/pdf/ppi.pdf https://data.bls.gov/timeseries/WPSFD4&output_view=pct_1mth The Acceleration of Inflation in the Second Half Has Begun, “Disinflation” Honeymoon Terminated The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a …

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In June, the total amount of money owed to finance companies (Consumers, Real Estate, Business) increased 17.7%. In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537

by Dismal-Jellyfish https://www.federalreserve.gov/releases/g20/current/g20.pdf In June 2023, the total outstanding amount owed was approximately $1,850.9 billion dollars–up 14.7% from May! In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For …

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Yale University: 66.1% of retail investors and 56.03% of institutional investors believe the probability of a catastrophic stock market crash in the U. S., like that of October 28, 1929 or October 19, 1987, in the next six months is above 10%.

by Dismal-Jellyfish Wut mean?: On the flipside, this means 66.1% of retail investors and 56.03% of institutional investors believe the probability of a catastrophic stock market crash in the U. S., like that of October 28, 1929 or October 19, …

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