A hub for independent voices and hard truths
by confoundedinterest17 Hallelujah, I love this economy so! Of course, former First Lady Jill Biden is on the national tour trashing the economy saying it was “perfect” under Joe Biden. Mortgage applications increased 4.8 percent from one week earlier, according to …
by confoundedinterest17 Mortgage demand is beginning to look a lot like Christmas. That is, mortgage demand will be listless in December (like the infamous Lake Erie snow effect), but leap upwards in January 202. Mortgage applications decreased 1.4 percent from …
by confoundedinterest17 The US mortgage market is “livin’ on a prayer.” As a result, former homebuilder and current FHFA Director Bill Pulter has suggested 2 mortgage products to make US homes more “affordable”, adding to the legacy of stupid government policies to …
by confoundedinterest17 Fed Chair Jerome Powell is apparently waiting for the tariff “war” to settle down before he pushes for interest rate cuts. Meanwhile, rising mortgage rates are hurting consumers and the mortgage industry. Mortgage applications decreased 12.7 percent from …
by confoundedinterest17 The mortgage market got its mind set on a recovery, but Biden’s mindless economic policies have jammed up the mortgage market. Example? Mortgage applications are down in a season where they typically increase. Mortgage applications decreased 1.6 percent from …
And everyone wants Trump or Bitcoin to save them…Madness of crowds and all — Чассен Комарова (@RUBICONCROSS2) December 27, 2024 BREAKING: Analysts warn Bitcoin will crash to $60,000 — WF (@WhaleFUD) December 27, 2024 Credit card debt hit another all …
Insider selling is highly correlated w/ disappointing corp earnings over the following 12 months Makes sense: insiders understand their companies' future prospects better than anyone Insider selling is at an extreme high now, so…..? (h/t @jessefelder) pic.twitter.com/vD72DH7ffL — Adam Taggart …
Don't buy the narrative that somehow "Trump is bad for gold". During the previous Trump administration, gold "only" rallied by about 50%. pic.twitter.com/MkQ7hYzJ9M — TF Metals Report (@TFMetals) November 6, 2024
Last time we had this combination, it wasn’t good for equities: 1- % YC un-inverting after reaching extreme levels 2- Monthly RSI > 70 Additionally, some valuation metrics are worse than they were in 2008. But maybe this time is …
by confoundedinterest17 I’ll feel a whole lot better … when Kamala Harris is gone. Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 18, …
https://twitter.com/SobrietyCM/status/1805085514627723602 Ukraine is a puppet. “We fight and kill for the west” Neocon coup of 2014 explained… pic.twitter.com/xV363EpJzf — Zadok 💫 (@zadokq244514) June 24, 2024
Kate Middleton’s cancer battle may not only keep her away from the public eye for longer, but it could potentially shake up her role within the royal family, according to a new report. The Princess of Wales has remained largely …
Numerous commentators—especially those defending President Biden’s economic record—have puzzled over why Americans are sour about the state of the U.S. economy. Unemployment rates have returned to pre-pandemic lows, commentators correctly point out, and the official rate of inflation is declining. …
Offices Around America Hit a New Vacancy Record. “A staggering 19.6% of office space in major U.S. cities wasn’t leased as of the fourth quarter, according to Moody’s Analytics, up from 18.8% a year earlier. That is slightly above the previous …
Insane https://t.co/QNSDIRtcZ7 — Elon Musk (@elonmusk) January 7, 2024 Insane, but true.We have a regime hell bent on flooding our county with illegals.Funny thing…it's seems the EU has the same issue at the same time? pic.twitter.com/9jRs3xllJD — floridanow1 (@floridanow1) January …
BREAKING: A high-ranking member of Argentine President-Elect Javier Milei’s transition team officially announces that Argentina under Milei will reject the previous government’s agreement to join BRICS in January. 🇦🇷 pic.twitter.com/l8G9E3wsOs — Visegrád 24 (@visegrad24) December 1, 2023
by confoundedinterest17 US inflation is lower than it was a year ago (cheers from The View CNN and MSNBC cheerleaders), but inflation remains stubborning above The Fed’s 2% target rate and will likely remain above 2% for the nexf few …
by ChampionshipUsed9855 The probability of a recession in the next 12 months is 56.2%. This means that there is a more than 50% chance that the economy will contract in the next year. The odds are highest in over 10 …
by ChampionshipUsed9855 Gold is currently trading at $1,999.90 per ounce, up 0.72% from yesterday’s close of $1,983.18 per ounce. Gold prices are up 28.4% since December 2007 and have outperformed the 3-month Treasury yield by a wide margin over that …
WASHINGTON, D.C.— Stephen Hall, Legal Director and Securities Specialist, issued the following statement on today’s decision in Robinhood Financial LLC v. Galvin, from the Supreme Judicial Court for the Commonwealth of Massachusetts, reversing a lower-court judge’s decision that struck down …
The Six Rivers National Forest has received approximately 150 lightning strikes across the forest since Tuesday evening, resulting in multiple fires across the forest. Just south of the Oregon border, the Diamond, Holiday, Kelly, and Prescott Fires along with other …
A Scott County judge stunned the courtroom and the victim’s family members on Tuesday when she declared Alexis Saborit “not guilty” in the beheading death of his girlfriend America Thayer in July 2021. The ruling reversed a prior finding by …
Taiwan semiconductor warned that Artificial Intelligence is not as good as it sounds.https://t.co/ENHumo5m4y"TSMC's second-quarter earnings call may go down as one of the more pessimistic calls in recent history" Just another rope-a-dope. pic.twitter.com/1YtEEDD7Xc — Mac10 (@SuburbanDrone) July 20, 2023 Bulls …
by confoundedinterest17 As Bidenomics (why Biden would brag about massive inflation in energy, food and shelter is beyond me), lurches forward, we have another shred of lousy economic news: US mortgage purchase demand fell -19% from the previous week and …
by confoundedinterest17 Eggs, bacon and toast. All more expensive under Biden’s economy. And mortgage purchase demand is down -45.3% since Biden was elected and mortgage refinancing demand is down -91% under Biden and mortgage rates are up 128% under Biden’s economy. …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/econres/notes/feds-notes/distressed-firms-and-the-large-effects-of-monetary-policy-tightenings-20230623.html TLDRS: Since March 2022, U.S. monetary policy has become tighter. More businesses are financially distressed now than in previous instances of tightening since the ’70s. Studies suggest that these conditions could lead to significant declines in investment …
by confoundedinterest17 Under Biden, the US economy is a land of confusion. Under Biden’s Reign of Error, Mortgage Purchase Demand is down -44%, Refi Demand is down -87%, and Mortgage Rates are UP 106%. Mortgage applications (demand) decreased 3.7 percent from one week …