A hub for independent voices and hard truths
Perfect timing to start cutting rates pic.twitter.com/MRWHM0IUko — Michael A. Arouet (@MichaelAArouet) April 29, 2024 🚨 WARNING 🚨 1970S vs 2020s I have compared todays market similarities to the stagflation period of the 70s below 👇 I have also mentioned …
There is growing concern about the Federal Reserve’s decision to raise interest rates. Initially, this decision was seen as a necessary step to fight inflation, but now it is causing anxiety that could destabilize the economy. This decision had a …
The cost of a mortgage payment has risen 57% over the past two years, whereas household income has only grown 9%. This level of affordability is typically not sustainable: https://t.co/SwtLfrB2Mc — Reef Insights (@ReefInsights) April 24, 2024
by confoundedinterest17 Fed Chairs Ben Bernanke and Janet Yellen started the home price fire that Powell is trying to extinguish but can’t. Throw in a 10% burst in illegal immigration and Biden/Mayorkas just added fuel to an already out-of-control fire. Housing …
As the IMF’s Gita Gopinath highlights the repercussions of high U.S. deficits on global economic dynamics, concerns arise over the sustainability of economic growth amid rising deficits and the need for comprehensive fiscal reforms. Important Information and Details: IMF’s Gita …
by etsharks0 The 30-year fixed-rate mortgage surpassed 7 percent for the first time this year, jumping from 6.88 percent to 7.10 percent this week. As rates trend higher, potential homebuyers are deciding whether to buy before rates rise even more …
by confoundedinterest17 President Obama selected Slow Joe Biden as his Vice President because 1) he was white and 2) an alleged foreign policy wizard in The Senate. Between Afghanistan, Ukraine, Israel, Taiwan and every other foreign policy disaster under his …
Gen Z will never afford homes. With 30-year fixed mortgage rates hitting a staggering 7.5%, and home prices soaring beyond the 2006 housing bubble peak, the American Dream is dead for many. Even in the most affordable states, households need …
The Federal Reserve Bank of Philadelphia’s report reveals alarming trends, with almost 3.5% of card balances overdue by at least 30 days, the highest on record. This surge in delinquencies, coupled with rising minimum payments and increased credit card balances, …
The primary reason prompting the Fed to consider cutting interest rates is the increasing cost of servicing the Federal debt, expected to approach 6% of GDP by year-end. A reduction of 150 basis points could decrease the interest payment by …
Inflation seems to be spiraling out of control, with ominous warnings of 8% interest rates and rising gold consumption. Just think. Three months ago the street saw 6 rate cuts coming in 2024 😂 8% interest rates would put mortgage …
They can lie about inflation rates all they like, they can't lie when people go to the store and see this. — Klay Thompson (@Thompsonklay) April 7, 2024 $9.99 for a crappy little box of blueberries in FL at a …
More low income earners in the Us are not dining out, per Reuters: pic.twitter.com/oAbUo1h9D0 — unusual_whales (@unusual_whales) April 8, 2024 “Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains …
Credit card interest rates just hit a new record high in Feb – American families are paying over $240 billion a year just in interest on this debt, before a single dime goes to paying down the principal: pic.twitter.com/N6UxBnyZcl — …
The age of overpopulation is over. The age of underpopulation is here. After decades of warnings and fear about an overpopulation crisis, population is now rapidly declining in most of the world. The overpopulation disaster predicted by world elites did …
by confoundedinterest17 Bidenomics is really about insane money printing after Covid and the installation of Biden as President. Biden and The Federal Reserve are both pushin’ too hard. Biden to fundamentally change the US and The Fed trying to cope …
Personal bankruptcy filing rates are hovering over multi-decade lows pic.twitter.com/KUBzMTpqZV — Win Smart, CFA (@WinfieldSmart) April 3, 2024
Office Vacancy Rates expected to hit highest level in history during Q1 2024 pic.twitter.com/kU48krStdE — Win Smart, CFA (@WinfieldSmart) April 2, 2024 Rising Commercial Real Estate Delinquency Rates Delinquency rates for commercial real estate have risen during each of the …
New Home Prices are now down 20% from their highs, in bear market territory, and falling faster than rates seen in 2008. 🔥🔥🔥 Source Re:Venture Consulting pic.twitter.com/ZCSU0jgxVA — Wall Street Mav (@WallStreetMav) March 27, 2024 So far, the demand signals …
Canada is in a RECESSION! "Mortgage delinquency rates ROSE 52.3% in the last quarter of 2023" Ontario mortgage delinquency rates are at 135% !?! "Delinquency rates for non-mortgages including credit cards rose almost 30%" This is absolutely nuts… 🚨🚨🚨 pic.twitter.com/1kBguAkcWD …
The average harbor pilot at the Port of Los Angeles makes $434,000 a year, but also faces a one in 20 chance of dying on the job, according to a book from The Wall Street Journal’s Christopher Mims that was …
Oh, you thought “higher for longer” was referring to interest rates? We were actually referring to inflation pic.twitter.com/qf9fCDQwGM — Amy Nixon (@texasrunnerDFW) March 25, 2024 Globally coordinated inflation control via currency pairs. Headlines keep us entertained https://t.co/6krD7t0NOx — Silverbark #fixourmoney …
Following two years of interest rate hikes by the Federal Reserve, and just one day before the central bank’s meeting on Wednesday, Senators Elizabeth Warren and Sheldon Whitehouse, both climate alarmist Democrats, wrote a letter to Fed Chair Jerome Powell …
Fed Chair Powell is kicking off the Q&A portion of his press conference now. Even as inflation has been reaccelerating, the Fed doesn't seem to concerned. A long pause still seems to be needed right now. Follow us @KobeissiLetter for …
From hefty monthly car payments averaging $726 to insurance costs hovering around $167, and don’t forget about the money we shell out for gasoline – around $150 a month. It all adds up to a staggering total of $1,043 each …
via Mike Shedlock The BLS metro report released today. Unemployment rates were up in 218 of 389 metro areas. Nonfarm employment only rose in 59 areas. Graph from the BLS, 10 highest list added by Mish. Please consider the BLS Metropolitan …
BIDEN'S TREASURY SEC. YELLEN: "Americans are seeing the costs of some goods that are important to them, like rent, having increased…" pic.twitter.com/rGxk7bFxw7 — Breaking911 (@Breaking911) March 13, 2024 US Treasury Secretary Yellen: it seems unlikely that interest rates will return …
by confoundedinterest17 We are experiencing a situation known as House Latitudes. Where mortgage rates are so high that the mortgage market is struggling to recover from Bidenomics. Mortgage applications increased 7.1 percent from one week earlier, according to data from the Mortgage …
A groundbreaking study has brought to light alarming findings regarding the mental health of transgender individuals who have undergone genital surgery. The research, which investigated the rates of psychiatric emergencies and suicide attempts before and after gender-affirming surgery, has uncovered …
Current Inflation Track Compared to the 1970s – higher rates and bank chaos ahead. byu/j_stars inWallstreetsilver BREAKING: February CPI inflation rate RISES to 3.2%, above expectations of 3.1%. Core CPI inflation fell to 3.8%, ABOVE expectations of 3.7%. This is …