More bullshit BLS numbers that will be revised upward in a couple of months September 7, 2023 9:45 am
JPMORGAN predicts a higher likelihood of a crisis in the next 6-12 months… BI: Americans can’t afford homes, investors aren’t buying property, and economists see little relief ahead. September 6, 2023 9:59 am
Kiev has lost some 66,000 troops and 7,600 pieces of heavy weaponry in three months, Defense Minister Sergey Shoigu has said September 5, 2023 10:28 am
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 August 31, 2023 9:09 pm
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%. August 25, 2023 9:32 am
Home sales lead S&P 500 earnings by 10 months; Plummeting earnings likely. The wait for the Fed’s rug pull continues. August 24, 2023 10:49 pm
NY Fed Survey: Expected likelihood of becoming unemployed rises. Meanwhile, conditional on expecting an offer, the average expected annual salary in the next 4 months increased sharply to $67,416 from $60,310 in July 2022, a new record. Wages on offers up over 14% since July 2022, Inflation fuel! August 23, 2023 3:11 pm
NVIDIA CEO Jensen Huang’s net worth surges 225% in 8 months, reaching $39 billion. August 23, 2023 3:03 pm
Charles Schwab owes 130% of its capital to Federal Home Loan Banks as current debt coming due August 22, 2023 2:34 pm
I just spent two months in China. Don’t believe the CCP reporting 21% youth unemployment, it is definitely way, way higher. August 21, 2023 9:41 pmAugust 21, 2023 8:03 pm
Employment growth remains positive in first 8 months of 10Y3M inversions; next 8 months should be concerned. August 15, 2023 9:58 am
U.S. experienced 402 corporate bankruptcies in the first 7 months of 2023, a 96% increase from 2022’s total of 373. August 15, 2023 9:29 am
Is Fed Chair Powell Actually Cap’n (Credit) Crunch? US Money Supply Has Shrunk For Eight Months In A Row As Bank Credit Slows To -0.2% YoY August 10, 2023 3:50 pm
In 2008 the soft landing dream was alive through the end of August, 9 months into the recession. August 9, 2023 9:28 am