Independent thinking for complex markets and current events
Same pattern as the early 80s where costs spiked and an entire generation got locked out of building wealth for years. WASHINGTON, D.C. — The share of U.S. non-homeowners who expect to buy a home within five years has dropped to 25%, the lowest Gallup has measured in seven readings since it began asking the …
Something has to give. People can only hold on for so long before they start to crumble. It’s a miracle we aren’t in a recession with people feeling this gloomy. Over 60% of Americans are very worried about losing their jobs. Highest since 2008. H/t @porterstansb pic.twitter.com/YMITs3w9Lt — QE Infinity (@StealthQE4) March 20, 2025 Fund …
And who can blame them with inflation accelerating? pic.twitter.com/YRIyJbfCt3 — Michael J. Kramer (@MichaelMOTTCM) April 9, 2024 US small-business optimism dropped to a more than 11-year low in March as sales expectations slumped and inflationary pressures remained a trouble spot, according to the National Federation of Independent Business. The index of sentiment fell 0.9 point …
via Mike Shedlock Young adults are more skeptical of government and pessimistic about the future than any living generation before them. This is with reason, and it’s likely to decide the election. Rough Years and the Most Pessimism Ever The Wall Street Journal has an interesting article on The Rough Years That Turned Gen Z Into …