FED’s Kashkar warns against 1970s scenario with stopped raising rates too soon August 16, 2023 10:06 am
Something is about to break: Real yields break things up here, at 185bps, the highest since Lehman. Bond markets anticipate spiraling debt interest expense due to increased rates. August 16, 2023 9:59 am
Goldman Sachs expects core inflation to fall enough for the Federal Reserve to start cutting rates in Q2 2024… This is a joke right? August 15, 2023 2:47 pm
SURPRISE! China Central Bank unexpectedly cuts rates amid economic issues…. August 2015: Yuan devaluation worsens as Chinese government struggles to stimulate economy August 15, 2023 8:48 am
Eurostat Reveals the Most Vaccinated Countries Are STILL Seeing High Rates of Excess Mortality August 12, 2023 7:20 am
The Fed issues debt, then buys it back to artificially suppress interest rates August 11, 2023 9:20 pm
Fed raises interest rates, bails out banks, ultra-rich, deepening middle class’s borrowing needs to combat inflation. August 10, 2023 11:03 am
The Fed is now expected to start cutting rates in early 2024, according to market pricing. Cap too optimistic? August 10, 2023 10:52 am
Small lender default rate reaches 7.24%, highest since 1991, likely to continue due to high interest rates. August 7, 2023 2:53 pm
High interest rates drive people to money market funds, reducing banks’ lending capacity and increasing caution August 4, 2023 7:34 pm
Inflation Alert! Bank of England raises interest rates to highest level since the Great Financial Crisis. August 3, 2023 11:45 am
UK house prices drop by most since 2009 amid rising interest rates (Housing Bubble 2.0 is bursting) August 3, 2023 10:11 am
US government plans to increase debt issue size by 60% by August, financing over $2 trillion in deficits and refinancing maturing debt at higher rates. August 2, 2023 9:33 pm
Small lender delinquency rates reach 7.1%, surpassing peak in 2008 and 2020. US default risk higher in 2023 compared to peers. August 2, 2023 9:29 pm
Bidenomics! Mortgage Demand Decreases 3.0% From One Week Earlier, But Purchase Demand Down 26% From Last Year, Down -45% Under Biden While Mortgage Rates Are UP 134% (US Interest Expenses Surged By 50% In Past Year To Nearly $1 Trillion On Annualized Basis) August 2, 2023 9:36 am
US Q3 GDP is expected to be 3.9% while inflation is projected to be 3.8% by September. This brings nominal Gdp to be around 7.6% in Sept… Rates are going 6% August 1, 2023 9:41 pm
American average credit card balance is $7,300, median household savings $5,300, and delinquency rates rise 6 consecutive quarters. We are “fighting” inflation with credit cards. August 1, 2023 8:41 pm
Bidenomics? C&I Lending Growth Crashes Along With Bank Credit Growth (WTI Crude Oil UP 1% This Morning) 30-year Mortgage Rates At 7.27% July 31, 2023 10:24 am
CRE Fire! Office Valuations Plummet As Fed Raises Rates To Fight Inflation (US Gross Domestic Income YoY Fell To -0.8% In Q1, NOT A Good Sign!) July 30, 2023 9:43 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
European Central Bank raises rates for 9th time, a 23-year high. Business credit conditions in the EU at 2008 levels July 27, 2023 3:27 pm
KJP “Hurts So Good” Presser: Prices UP 16.6% And Real Wages Down -3% Since Biden Took Office (Food UP 56%, Gasoline UP 52%, Mortgage Rates UP 153%) Hurt So Good??? July 26, 2023 9:15 am
Biden’s Mortgage Market! Mortgage Demand Falls 1.8 Since Last Week, Purchase Mortgage Demand Down -49% Since April 2021, Refi Mortgage Demand Down -87% As Mortgage Rates Up 115% (Hurts So Bad?) July 26, 2023 8:58 am
Economic and social terrorism by elite and Federal Reserve rewards speculators; Financial conditions are loosening at a fairly steady clip, even as the Fed prepares to hike rates to the highest level since 2001. July 26, 2023 8:31 am
Case-Shiller National Home Price Index Slows To -0.46% YoY As Fed Withdraws Covid Stimulus SLOWLY (Mortgage Rates UP 151% Under Bidenomics, Taylor Rule Suggests Fed Rate Of 10.42%) July 25, 2023 5:06 pm
CRE Storm: Over $800 Billion In Office Space In Nine Cities Could Become Obsolete By 2030 (Office Vacancy Rates Soar As Fed Went Crazy With Stimulus) July 23, 2023 8:17 am
Corporate net interest payments stay low due to fixed debt, higher interest rates slow to drive a recession July 21, 2023 9:54 pm