A hub for independent voices and signals
The US economy is edging precariously close to a recession, and it's flashed a handful of warning signs in just the last week that suggest a downturn is on the horizon, according to Société Générale + BI. — unusual_whales (@unusual_whales) …
Endless spending and low interest rates resulted in 40-year high inflation. Now, over half of American adults believe we are in a recession. Even with endless deficit spending, consumer sentiment is horrible. Follow us @KobeissiLetter for real time analysis as …
The retail industry has been a challenging battleground lately, with consumers facing high inflation and economic uncertainty. Target, one of America’s retail leaders, recently reported troubling financial results impacting the entire industry. In their latest earnings report, Target revealed concerning …
During last five decades each time so many full time jobs were eliminated recession kicked in. Is it different this time? pic.twitter.com/yaD25xQCe9 — Michael A. Arouet (@MichaelAArouet) June 8, 2024 🇺🇸 US full time employees -1.16 million YoY. In #recession …
What’s happening now is a troubling shift in the job market. Job openings are being filled as new entrants join the labor force and displaced workers find new positions. However, these job openings are not being replenished, leading to an …
BY DAVID HAGGITH Photo by Chandler Cruttenden on Unsplash A few small things settled in a direction that could give Powell a chill that causes him to shift from battling inflation to driving it back up nice and hot, just as stock investors …
As we see in the chart below, in recent years the S&P 500 has made no new highs without Tech leadership. Which is unfortunate, because it appears that the Nvidia is having its Gamestop moment ahead of this impending stock …
We’re not the only ones that have economic problems. This recession will be global. pic.twitter.com/aHNukwZGof — QE Infinity (@StealthQE4) June 5, 2024 German unemployment has risen by more than expected in a blow to hopes that it is recovering from …
They’re looking at their own situation to determine that. GDP is being propped up by government spending and monetary policy, all the while households are struggling with inflation. — Steven Hasty (@StevenHasty) June 4, 2024 The Fed made two cardinal …
Recent economic updates from the U.S. paint a bleak picture, stirring deep unease among investors. The latest indicators, including the sharp decline in the Bloomberg Economic Surprise Index, signal a worrisome underperformance reminiscent of the tumultuous trends observed in 2019. …
In early March, U.S. banks faced substantial unrealized losses, ominous figures hinting at potential disaster. At the end of 2022, these losses hit $1.7 trillion, nearly matching the total equity of U.S. banks, which stood at $2.1 trillion. Rising interest …
100% in line 👏👏👏 Recession IS coming! And it will be severe. But first continuation of BlowOffTop🚀🚀🚀 https://t.co/7ITl70Y11D — Henrik Zeberg (@HenrikZeberg) June 2, 2024 "Growth of credit extended by the financial system looks anemic." https://t.co/fEJgEcIpnZ ht @dailychartbook pic.twitter.com/Lo3zPdRKhv — …
Yes and… pic.twitter.com/42pTh1uI9M — Nautilus Research (@NautilusCap) May 31, 2024 ALERT: Households are now out of excess savings Reaching the lowest level in the past 5 years This is not looking good pic.twitter.com/OMplaq6sgs — Bravos Research (@bravosresearch) May 31, 2024
via Mike Shedlock The Philadelphia Fed has a GDP method that blends, not averages GDP and GDI. They revised the indicator significantly lower on Thursday. GDPplus from Philadelphia Fed and GDI from the BEA, chart by Mish Is GDP or …
by confoundedinterest17 Not so Sweet Home Chicago! After unexpectedly slumping last month to 37.9, the Chicago PMI index cratered even more unexpectedly in May, when it defied hopes of a rebound to 41.5, and instead tumbled even more, sliding to a cycle …
The recent insights into consumer sentiment and economic outlook paint a complex picture of financial strain and diverging spending patterns across different segments of the economy. With 31% of recent home buyers citing financial challenges like budget constraints and high …
The recession in America just hit Home Depot and Lowe’s, home improvement stores whose success is fundamentally linked to the US housing and real estate market. Home Depot reported a big revenue miss on the quarter. While Lowe’s reported revenues …
BY DAVID HAGGITH Why we won’t see the next recession coming and why it may not be reported as a recession even if it is the worst recession since the Great Depression. (But YOU’LL certainly feel it in your bones!) …
11% of Americans are on Food Stamps … But yeah, there is no recession … Everything is just hunky dory. 🚨🚨🚨 pic.twitter.com/fFb4ylz7LC — Wall Street Mav (@WallStreetMav) May 22, 2024 A wave of America’s retirees are dusting off their résumés …
They will call the recession when they just stop eating entirely — Strawberry Cow (@scow_invest) May 21, 2024 BREAKING: US credit card serious delinquency rates for most age groups have spiked to the highest level in 13 years. In Q1 …
Credit card debt has now surpassed $1 trillion, with interest rates having risen in tandem. It appears that consumers are financing inflationary prices via debt: https://t.co/sjXnsH9CPW — Reef Insights (@ReefInsights) May 14, 2024 Investor sentiment has shifted significantly today Now, …
Amidst fears of an impending recession, analysts point to historical indicators like a steepening yield curve and rising unemployment. Drawing parallels to past economic downturns, such as the Dot Com bubble and the 2008 Financial Crisis, cautionary signals have yet …
Bankruptcies are hitting average American families, and U.S. businesses really hard in 2024, according to data from the U.S. Courts. Higher consumer prices are making Americans take on massive loads of debt just to get by, while businesses are being …
If 41% of companies in the Russell 2000 cannot make money during good times, what will happen during next recession? pic.twitter.com/CKi2d73IK1 — Michael A. Arouet (@MichaelAArouet) May 11, 2024
KC Fed Labor Market Index update for April #MacroEdge Labor and cuts are next in the saga. Job market is cooked like gumbo before an LSU football game. pic.twitter.com/N1WXe75cb3 — Don Johnson (@DonMiami3) May 10, 2024 Red X marks March …
Concerns arise over Federal Reserve’s handling of unemployment, with predictions of further damage to the labor market. Recent data signals a cooling labor market, evidenced by rising unemployment rates and increased part-time employment. Speculation mounts for additional Fed rate cuts …
As economic indicators flash warning signs, the Sahm Rule and Goldman Sachs McKelvey indicator converge to declare the onset of recession since October 23, 2023. With employment outlooks turning bleak, early business surveys hint at a downturn in both manufacturing …
Investor euphoria persists despite recent market drops, raising concerns about the absence of hard lessons since 2009. Glenn Kelman’s insights resonate deeply with real estate professionals, highlighting a housing recession amid a booming economy. As monetary policy falters and debt …
Eurozone Retail Sales Volume pic.twitter.com/WGeFPQdJzU — Win Smart, CFA (@WinfieldSmart) April 8, 2024 📈 New data from the Indeed Wage Tracker 📉 🇪🇺 Eurozone – Downward trajectory resumed in March 🇬🇧 UK – Continued slowdown but wage growth remains high, …
The US economy has been struggling for some time, and the situation has worsened with the onset of a recession. The recession is here, and it’s not looking pretty. Despite the optimism and reassurances from various sources, the reality is …