A hub for independent voices and hard truths
Cutting rates will be looked back on as a regrettable error. 1970s all over again, only 10² worse. pic.twitter.com/IoztkAs4WV — The Great Martis (@great_martis) October 7, 2024 It's probably nothin.$VIX tremors pic.twitter.com/WxqHi9FYBL — The Great Martis (@great_martis) October 7, 2024 …
But all the real estate agents said when rates fell there would be bidding wars? It's almost like they have no clue how home values work https://t.co/0vtQG3IERK — Darth Powell (@VladTheInflator) October 2, 2024 What's chances these never get completed.and …
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way. The …
It’s the economy not rates that drive housing. No buyers despite lower rates https://t.co/0L1fac8UrK — QE Infinity (@StealthQE4) September 26, 2024 🇺🇸 US consumer confidence present situation 9-month change. In #recession territory! Chart: @MikaelSarwe pic.twitter.com/H54kkPIfbm — Alex Joosten (@joosteninvestor) September …
Linkhttps://t.co/n3ZINVlAIO pic.twitter.com/uS5D68XwGm — QE Infinity (@StealthQE4) September 25, 2024 This is why the recent 50 bps drop and not 25. The Fed is aware, I wager, that the employment stituation is far worse than the official numbers are telling us. …
Applications to refinance a home loan surged 20% last week compared with the previous week. This as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.13% from 6.15% The refinance …
Global fertility rates have dropped significantly over the past several decades, raising critical questions about the future of populations worldwide. In 1963, the average global fertility rate was around 5.3 children per woman. By 2021, this figure had decreased to …
The Federal Reserve recently announced their first interest rate cut in four years. The official explanation is that they want to encourage job growth. But how will this interest rate cut affect the average American family? From Peter Reagan for Birch …
https://twitter.com/RJRCapital/status/1836734007062470665 US 30 Yr minus the 3-month pic.twitter.com/f1UqwiYV2Z — Michael J. Kramer (@MichaelMOTTCM) September 19, 2024 https://twitter.com/RJRCapital/status/1836735432463102043 hedge funds starting to hedge with short bonds ETFs Macro furus long bonds in shambles — Alessio (@AlessioTMAD) September 19, 2024 Cuts ✂️ …
by confoundedinterest17 If this isn’t election interference, I don’t know what is. The Fed today slashed interest rates by the biggest amount in 16 YEARS, a whopping 50 basis points from 5.50% to 5.00%. With the economy roaring along (thanks …
There’s a reason why the big boys have been selling and holding cash. The market may not correct right away but when it bottoms it will take years to recover. The difficulty will be determining when the bottom is in. …
Interest rates came down over Euro area so FED likely to follow next week whereas as bank of japan remains hawkish on interest rates. ECB: https://www.cnbc.com/2024/09/12/live-updates-european-central-bank-interest-rate-september.html FED: https://finance.yahoo.com/news/u-inflation-declined-more-august-123959854.html BoJ: https://www.reuters.com/markets/rates-bonds/bojs-tamura-calls-raising-rates-least-1-2024-09-12/ h/t Infamous_Sympathy_91
It’s the phenomenon that’s baffled doctors around the world: bowel cancer, usually a disease of the elderly, has soared by 50 per cent in 20, 30 and 40-somethings over the past 30 years. Now, in a fascinating discussion between two …
C&I lending slowed down in tandem with residential lending during the 01′ Recession and Great Recession and didn’t recover for years. They’re connected/correlated markets. https://www.aei.org/carpe-diem/commercial-lending-has-almost-completely-recovered-from-the-great-recession-and-faster-than-after-2001-recession/ h/t Mrbumboleh
The Fed is now playing with fire: Cut interest rates = Asset bubbles form Keep rates same = Severe recession unfolds This is a policy mistake in the making pic.twitter.com/873iqKepEN — Bravos Research (@bravosresearch) September 9, 2024 The equity market …
90% of US cities saw a rise in year over year unemployment rates in July, according to the BLS. pic.twitter.com/RBvcLcyOOC — Win Smart, CFA (@WinfieldSmart) September 3, 2024 According to the Bureau of Labor Statistics (BLS), 90% of US cities experienced …
JUSTI N: A record number of buyers backed out of purchase deals in July due to high costs and economic worries, per Redfin. — unusual_whales (@unusual_whales) August 30, 2024 Buyers’ Strike Deepens: Pending Home Sales Drop to Record Low Despite …
Allstate Corp. is set to increase home insurance rates for California customers by an average of 34.1%, marking the biggest jump in premiums for a major insurer in three years as the state faces a deepening property insurance crisis. The …
“As soon as mortgage rates drop demand is gonna SURGE.” I think it’s time to face facts kiddos, most of the “pent up demand” was just investors who have moved on to greener pastures. Buyers aren’t waiting for lower rates, …
This article was written by Brandon Smith and originally published at Birch Gold Group In 2022 there was considerable debate among alternative economists what the Federal Reserve was likely to do in the face of rising stagflation. There were people who …
🤣🤣🤣🤣 pic.twitter.com/G4rm6fl3jc — Darth Powell (@VladTheInflator) August 21, 2024 So the BLS prelim benchmark revision is -818k (in line with our 800k forecast). But the 1Q QCEW county data implies a bigger revision of -958k. To put this in context, …
by confoundedinterest17 After watching the Democrat hate fest last night (Aka, the Democrat National Convention), I was not shocked that the DNC platform looked like a playbook to destroy the US economy. High taxes, endless spending, more regulations, etc. Not …
Financial volatility. Recession conditions. Lower growth and inflation. The rate cuts are still coming. So, that means interest rates around the world are about to go…UP? The fundamentals haven’t changed – the calendar has. AC
They will fake the economic data just like they did during Weimar Germany, and you won't know you are in a recession or a depression until you are waiting in the bread lines. It's called "political arithmetic" and it's always …
by Mike Shedlock I suggest the latter. The market expectation is the former. Let’s discuss the case for a half-point. Image from CME Fedwatch, annotations by Mish. Market Expectation for September There is currently a 43.5 percent chance of a …
by Dismal-Jellyfish TLDRS: Consumer credit increased at a seasonally adjusted annual rate of 2.4 percent during the second quarter. Revolving credit (credit cards) increased at an annual rate of 1.2 percent. Nonrevolving credit increased at an annual rate of 2.9 …
Redfin CEO’s shocking mortgage rate comment. Related: Airbnb down 25% in a month; CEO Chesky deletes “buy” post That's illegal of course. Real estate hasn't had their correction yet in many areas. — floridanow1 (@floridanow1) August 8, 2024 Chink …
by confoundedinterest17 The slowing US economy has a silver lining: Treasury and mortgage rates are declining. And the is spurring faster mortgage prepayments. Mortgage applications increased 6.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s …
Not only did existing home sales continue to collapse with lower interest rates, they're now collapsing FASTER pic.twitter.com/qSIq8XSrTQ — Darth Powell (@VladTheInflator) August 7, 2024 US Mortgage Rates Tumble to 6.55% in Biggest Drop in Two Years
Democrats on Friday urged the nation’s central bank to cut interest rates now as the unemployment rate surged. The unemployment rate jumped to 4.3 percent and employers added 114,000 workers to their payrolls in July, a significant miss from economists’ …