Independent thinking for complex markets and current events
by confoundedinterest17 New USDA data reveals a third consecutive week of price declines at supermarkets. But the media is always willing to blame Trump for anything, including eggs prices. Velocity of M2 Money is back to where is was when Trump left office the first time. Eggs versus M2 Money. Riding the Trump wave of …
The semiconductor companies have been working closely on a collaborative project in Arizona, with UMC confirming that their joint efforts are progressing as planned. The partnership, which involves a pilot production line in Arizona, has reached the stage where UMC is currently verifying silicon performance. This step is crucial as it precedes the commencement of …
January 14, 2025. The report shows that the prices for final demand goods increased by 0.6% in December, which was in line with expectations. The 9.7% jump in gasoline prices significantly contributed to this overall increase. Here’s a detailed breakdown of the latest Producer Price Index (PPI) report for December 2024: Producer Price Index (PPI) …
by confoundedinterest17 We are all riders on the Biden housing storm. Existing-home sales have finally started to improve on a seasonally adjusted basis after a three-year decline. Cause? Raging home prices combined with higher than normal mortgage rates. Home prices are up 35.4% under Biden while conforming 30Y mortgage rates are up 148%.
Atlanta Fed GDPNow estimate moves lower, real gross private domestic investment growth decreased from 1.3 percent to -0.7 percent, while the nowcast of fourth-quarter real government expenditures growth increased from 2.6 percent to 2.9 percent. #math pic.twitter.com/3xqmr0b3YB — Market Rebellion (@MarketRebels) January 2, 2025 Interesting We’ve almost given back the whole bounce since Trump was …
#recession … #StockMarket Bubble edition https://t.co/p7cgcLzyrT pic.twitter.com/So5TXB58ic — Invariant Perspective (@InvariantPersp1) December 11, 2024 Big cap Tech performance last 8 trading days $GOOGL 14%$AAPL 5.5% $MSFT 6% $META 10% $TSLA 18% $NFLX 6% — TT3 (@TradingThomas3) December 11, 2024 Bitcoin rippingGold rippingMost stocks ripping. Why? Because the Fed is a farce and not restrictive and …
Fed injected 100million into the banking system this morning. Its probably nothin. pic.twitter.com/HzOJdkbUZW — The Great Martis (@great_martis) December 10, 2024 They injected 2.3billion back few weeks ago. Ongoing liquidity crisis that will get extremely worse. — The Great Martis (@great_martis) December 10, 2024 The blood indicator is VERY close to cross its 100-week MA. …
(By Carleen Johnson at The Center Square)—The average American household credit card balance as of the third quarter of 2024 was about $10,757 after adjusting for inflation, according to a new study. The personal-finance website WalletHub on Friday released its new Credit Card Debt Study, which found that consumers added $21 billion in debt during …
The inventory shortage narrative runs out of steam as Realtor pivots on supply and price “This is the longest stint of four-plus months of supply in five years” “The percentage of homes with price reductions was 18.6%” – higher than 2017-2019 Just wait until Spring… pic.twitter.com/8VM0mX8nkS — Saw Chuck (@Saw_Chuck2023) November 19, 2024 OCTOBER HOUSING …
by confoundedinterest17 The US economy is crumbing down under Biden/Harris. No, the economy doesn’t hurt so good. The Citi Economic Surprise Index just rose to its highest level since April. The 10Y Treasury yield just rose to its highest level since August.
Fed flip flopping policy comes with consequence. https://t.co/0LzCCvKTbR — The Great Martis (@great_martis) October 8, 2024 Dow Jones Update✍️ Momentum falling off a cliff.Relative strength lower highs. The churn up against resistance is a Warning signal.⚠️ pic.twitter.com/97dKcEBD3B — The Great Martis (@great_martis) October 8, 2024 US30yr Probable path. pic.twitter.com/NBIfFtd8Hu — The Great Martis (@great_martis) October …
Even CNN admits that Vance was the victor! Vance’s favorability rating rises to +2 after debate, compared to -14 before. Follow: @AFpost pic.twitter.com/r5PgLOW5tu — AF Post (@AFpost) October 2, 2024 Six Key Takeaways From the Debate: A Stalwart Running Mate Versus a Knucklehead In 42 Seconds, JD Vance Debate Answer Makes Tampon Tim Look Like …
47 Days pic.twitter.com/uPrLPMAvou — Chica Tomorrow (@chicatomorrow) September 18, 2024
Nvidia NVDA 2.43% looked set to pare back some of its recent losses on Monday, but analysts at Citi are warning that the artificial-intelligence-fueled winning streak that powered the chip maker to a trillion-dollar valuation is coming to an end. The stock climbed 2.8% to $105.70 in Monday morning trading. On Friday, it had dropped …
Consumer Credit Card Debt Continues to Grow Consumer credit card debt in the US continues its upward trajectory, reaching a staggering $1.07 trillion as of August 14, 2024. This marks another milestone in the ongoing trend of rising consumer debt, though there are signs that… pic.twitter.com/Il5SBi52Zl — Reef Insights (@ReefInsights) August 27, 2024
The Treasury Department is being accused of trying to juice the economy, per Axios. "Short-term debt is becoming a rising share of all outstanding debt, while the share of long-term debt, like 10-year or 30-year bonds, stays flat." — unusual_whales (@unusual_whales) August 13, 2024 We spent 33% more on servicing the federal debt than on …
Benioff concluded by calling for San Francisco to adopt a community policing model, which would be more labor-intensive, requiring more police officers, but is determined to be highly effective by federal research and is endorsed by the California Democratic Party. (The Center Square) – (The Center Square) – Salesforce CEO and founder Marc Benioff, whose …
Authored by Daniel Lacalle, I frequently receive comments about the strength of the United States economy and the unfairness of perceiving things as less than stellar. Is it really the “strongest economy ever”? It’s evident that it’s far from being the “strongest economy ever.” The United States unemployment rate has risen to 4.1%, the highest in three …
CAUTION: Bitcoin has now broken back into its rising channel after spending 4 months above it Until the channel resistance is reclaimed, downside risk is elevated pic.twitter.com/joLSQk2hcA — Bravos Research (@bravosresearch) July 2, 2024
by Confoundedinterest17 Well, the Trump/Biden CNN Presidential debate was a disaster … for Biden. It was the worst debate performance I have even seen. Even worse was the “victory” party where Jill Biden treated President Biden like a little child being potty-trained and shreiked that all Trump does is L:IED. How strange since ALL Biden does is …
Voters are “Angry” about the economy as wages fall behind, inflation re-accelerates, and debt and multiple jobs are the only way to make ends meet. Washington has given up trying to fix it, doubling down on inflationary spending, mandates, and welfare. Praying media can… pic.twitter.com/m9ZXx5AnWX — Peter St Onge, Ph.D. (@profstonge) June 26, 2024 Every …
🚨BREAKING: Banking Stress Escalates – FED discount-window loans hit $6.46B for the week ended June 12th, up from $6.19B. – Significant increase signals rising stress in the banking sector. – Experts warn of increased reliance on emergency funding especially in regional banks pic.twitter.com/WmxBngnXM8 — The Coastal Journal (@1CoastalJournal) June 13, 2024 We did 🫣notice the …
President Donald J. Trump is surging with black voters following his New York conviction last week, with a staggering 15-point surge for the 45th President. The numbers from Rasmussen Reports show Biden dropping 14 points.An April poll fielded by Rasmussen showed Biden receiving 61 percent of the black vote, while his Republican challenger, former President …
"The US Money Supply increased 0.6% over the last year, the first YoY increase since November 2022."@charliebilello pic.twitter.com/rTzxsK3vss — Daily Chartbook (@dailychartbook) May 29, 2024 Household 🏠 Consumption 🛍 Forecast 📈 pic.twitter.com/atBXfBAgLV — Win Smart, CFA (@WinfieldSmart) May 28, 2024
by confoundedinterest17 Somehow, today’s Existing Home Sales number don’t soothe me. After the collapse in housing starts and permits in March, it is no surprise that existing home sales disappointed in the same month, dropping 4.3% MoM (-4.1% exp) after surging 9.5% in February. That is the biggest drop since Nov 2022. Sales were down almost 10% from a …
Earlier this week, Xi spent nearly two hours on the phone with President Joe Biden, striking a markedly friendlier tone than before. This comes after November’s San Francisco summit, in which Xi promised all sorts of goodies to the US and left analysts wondering what on earth China got in return. Things aren’t happy at …
Americans face surging costs in the following (Month over month 📈): • Gas 3.4%• Energy 2.3% •Housing. 0.5%•Insurance 0.4% •Recreation 0.5% Link: https://t.co/Ael0NvdmXV https://t.co/qu3c4ZHFlZ — The Coastal Journal (@1CoastalJournal) March 29, 2024 The latest inflation data paints a worrying picture for the US economy, with core PCE rising by 0.3% and nearing an annualized rate …
Notably, commercial real estate delinquency rates have been on the rise, with a large contributor being office real estate. The RTO company mandates have not brought occupancy levels back to where they were previously: https://t.co/afY0mHeh88 — Reef Insights (@ReefInsights) March 19, 2024 Rising delinquency rates in commercial real estate present a growing concern for both …
via notayesmanseconomics: Early morning commuters to the City of London may have been surprise to see someone resisting the rain with a beaming smile.today. It was of course the research student at the Bank of England who will have skipped to work anticipating being able to tell Bank of England Governor Andrew Bailey this. Data …