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
“Historically, when inflation crosses 8%, it takes years, not months, before it falls back below 2%.”… Number of Americans able to afford $400 surprise bill slides in era of ‘Bidenomics’ August 4, 2023 9:53 am
Mississippi man sentenced to an additional 40 years for attempting to escape 4 months before his release August 2, 2023 9:10 am
223,000 tech layoffs in 2023, 60,000 more than 2022’s total, and we are only 7 months in; Nasdaq surpasses Dow by 30% this year, the largest margin since 1971. July 31, 2023 3:26 pm
The US national debt has increased by $1.8 trillion since the “debt ceiling crisis”. They did it in less than 2 months. At this rate, in 3 months, the debt will be 4 trillion. US Treasury is issuing $102B of long-duration bonds in the upcoming weeks. July 31, 2023 2:51 pm
U.S. Bank lending on the decline! Commercial and Industrial loans slide for two weeks straight. Meanwhile, GDP up 2.4% last quarter? Is it sustainable growth or fueled by mounting debt? #Economy #BankLending #GDP #Debt” July 29, 2023 4:37 pm
Bidenomics At Work! US Pending Home Sales Crash -14.8% YoY As Fed Pushes Rates Up, Negative Growth For 24 Of Last 25 Months (Is Fed Chair Powell Actually Mr. Freeze?) July 27, 2023 3:34 pm
When the word recession peaks its about 12 months later that it actually happens (the second peak) July 24, 2023 8:16 pm