A hub for independent voices and hard truths
More screens haven't made students smarter byu/normaldudeitsfine inworldinsights “For years, schools were told that more screens meant more modern education: laptops, tablets, digital assignments, one device for every student. The test-score data now makes that story look much less clean. …
Business expectations back to pre-pandemic levels. Real-time inflation? Already there: 0.90% CPI (below 1% since Feb). Expectations catching up to real-time reality. pic.twitter.com/mkNQS0DZJS — Truflation (@truflation) February 17, 2026
The Fed has wrecked our financial markets: secured overnight financing is now almost triple where it was pre-pandemic and this essentially must keep increasing or things will start to break; the Fed is barely able to hold its house of …
Over the same period, the US has gained tech jobs (albeit at a much slower rate), thus growth in non-California tech employment has outweighed all the losses within the Golden State But that means in most subsectors California's share of …
Credit card delinquencies have surpassed pre-pandemic levels and continue to rise. Severe credit card delinquencies, those 90 days overdue, have now climbed to 10.7% — the highest since 2012, per CNN. — unusual_whales (@unusual_whales) June 6, 2024 Credit card delinquencies …
The used car market is in a curious state as prices have continued to fall precipitously in the early part of 2024, but they have yet to reach pre-pandemic levels due to higher-than-usual demand. Data from the first 15 days …
Cautious #ECB last week amid upside risks to inflation due to solid wage growth. More data is needed to confirm that inflation is sustainably converging to target. Encouragingly, compensation per employee eased in Q4 to 2.8% from 3.6% Y/Y in …
by confoundedinterest17 Yikes! Bidenomics is a disaster! MBA mortgage purchase applications are down 54% from Pandemic Peak. I was going to play “The Wreck of the Edmund Fitzgerald” by Gordon Lightfoot and rename it “The Wreck of The US Economy.” Mortgage …
JPMorgan said the vast majority of Americans have burned through excess savings. It’s likely that all but the top 1% of consumers will be worse off financially in mid-2024 than they were pre-pandemic, the bank said. BofA wrote this month …
Employee wellness consultant GoodShape reports a faster increase in days lost per employee for 21-25-year-olds between 2019 and 2022, with early 20s missing about eight work days annually. Gen Z workers face challenges due to a weakening economy, soaring rents, …
The 10-year note yield is skyrocketing and now at 4.63%, its highest since June 2007. Since last week’s Fed meeting, the 10-year note yield is up 35 basis points. Since the last Fed rate hike in July, the 10-year note …
1. Adjusting for inflation, home prices are up 118% since 1965, while median household income has increased by just 15%. (2/9) pic.twitter.com/NeogOIDjIu — The Kobeissi Letter (@KobeissiLetter) August 21, 2023 Worrying Sign Not Seen Since the Great Recession: Mortgage Rates …
via Mike Shedlock Employers are hiring like mad, but employees are working fewer hours in most job categories. Average weekly hours from the BLS, chart by Mish Weekly Hours Then and Now Manufacturing Production 41.5 Then, 40.6 Now Manufacturing 40.5 …
BREAKING: Volatility Index, $VIX, drops below 14 for the first time since February 2020. In other words, volatility in the stock market is now at its lowest point since pre-pandemic. The $VIX is now down 55% from its recent high …