A hub for independent voices and hard truths
Home prices just did it again. For the 33rd consecutive month, the median price of an existing home climbed—this time to $408,800 in March, a record high for the month, according to the National Association of Realtors’ existing home-sales report. …
https://qz.com/credit-scores-tank-record-student-loan-delinquencies Borrowers are falling behind on their student loan payments at a record pace — and their credit scores are suffering the consequences, a new report found. More than 10% of consumers with a student loan on their credit file …
Against all odds, Trump’s favorability surges—even in deep blue states. New York, California—places once unshakably liberal—now show cracks in the narrative. The people are watching, and they’re waking up. If this momentum keeps up, the political landscape will never be …
ECON DATA: JOBS As the headline jobs added to the economy gets the attention, the real story is that we are near record highs for Americans working 2 jobs. •Americans working a Full time Job & a part time job …
Highest ever! Renowned contrarians! (Not a precise timing indicator BUT almost always ends badly) Go figure….. US Consumer confidence about the 12m outlook for the US stock market pic.twitter.com/hGtFPqlOWG — Chris Watling (@LongviewEcon) December 3, 2024 Positioning on S&P 500 …
Founding Father’s fear has come true: Federal debt burden now is the greatest threat to the U.S. economy, national security and social stability. In the late 1780s, the finances of the United States were in disarray. Revolutionary War debts incurred …
via DCNF Rent prices have exploded since the end of the COVID-19 pandemic and are unlikely to moderate, with shortages in supply and price stickiness leading to current increases, according to experts who spoke to the Daily Caller News Foundation. …
https://twitter.com/GregCrennan/status/1737172258467254709 Christmas spending increases due to inflation concerns; 24% cite inflation as the reason, while 37% cut expenses, blaming inflation, up from 15% last year. The surge in homelessness, reaching a staggering 653,104 people, unveils a heartbreaking reality in the …
Record-High Household Debt: The fact that household debt in the U.S. has reached $17.1 trillion is alarming. High levels of household debt can strain individuals and families, making it difficult for them to manage their finances and save for the …
