Thunderstruck! US Unemployment Rate Is 8.7%, More Than Double BLS Estimate Of 4.1% (Mortgage Rates Rising With Declining BLS Estimates)

by confoundedinterest17 Thunderstruck! Interest rates should be thunderstruck when realization dawns that the recend BLS jobs reporr was grossly mismeasured. National unemployment was 8.7% in this month’s Rasmussen Reports Real Unemployment and significantly more than double the 4.1% rate officially reported by the Bureau of Labor Statistics today. Mortgage rates are rising again with Friday’s surprising jobs …

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Government’s rising unproductive spending crowds out private investment, threatening an imminent collapse.

The government is absorbing more of the economy into less productive spending, displacing private sector activity, while crowding out investment as credit gets tied up in treasuries. We're one market panic away from collapse. — Nova Empirica (@TabulaStellar) October 4, 2024 WTI call options volume has risen the most since …

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Experts warn of rising prices and empty shelves as dockworkers strike for an 80% raise, demanding a total ban on automation of cranes, gates, and container-moving trucks.

Experts warn store prices will soar and shelves will be empty as greedy dockworkers strike over 80% pay raise. A lengthy shutdown of 36 ports – which handle half of America’s cargo from ships – could raise cause shortages and price increases at big and small retailers alike as the …

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Rising consumer defaults reflect financial pressure, climbing fastest since 2007; 2008 levels imminent by 2025.

4/ The financial pressure on consumers is evident in the increasing number of defaults Consumer defaults is now climbing at the fastest pace since 2007 While still below 2007 peaks, if current trends persist, we could hit 2008 levels H1 2025 pic.twitter.com/K1j77j1n8L — Bravos Research (@bravosresearch) September 24, 2024 ShopperTrak …

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Doug Casey on the Rising Threat to Free Speech

via International Man: International Man: Recently, we’ve seen an escalating global crackdown on speech in the (formerly) free societies of Europe and North America. For example, in the UK recently, the government has been imprisoning individuals for social media posts under the guise of curbing “hate speech.” What’s your take …

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Germany’s economic stagnation, rising unemployment, and slow internet contradict its global leadership stance.

https://twitter.com/MichaelAArouet/status/1835572094702108992 🇩🇪 Germany is no longer in the top 20 richest countries in the world* *Measured by GDP per capita in USD adjusted for purchasing power. https://t.co/oRY2YCNm1d pic.twitter.com/qAGS9qnH1N — PiQ (@PiQSuite) September 16, 2024 Is there any industry other than luxury handbags and obesity drugs where Europe is still leading …

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Phoenix single family homes for sale up over 300% from 2021…..and rising. At a similar level as 2018

Phoenix area single-family homes for sale. pic.twitter.com/omjV7ifp1p — John Wake (@JohnWake) September 15, 2024 I'm sure this time is different for housing pic.twitter.com/IDHhEZF9lN — Darth Powell (@VladTheInflator) September 16, 2024 But but but but, the housing propagandists said prices go up when rates fall! https://t.co/jeBmbnGmeU — Darth Powell (@VladTheInflator) September …

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They edge up but still not rising?

So, more people don’t have jobs but they’re also not losing them? Jobless claims edge up to 230,000, but still no sign of rising layoffs Labor market has cooled and hiring has slowed Story developing. Stay tuned for updates here. The numbers: The number of Americans who applied for unemployment …

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CRE delinquencies are rising and spreading beyond the office sector. Soft landing morphing into quicksand.

#commercialproperty #REIT 📉 ☠️https://t.co/5BsAxkwS4w — Invariant Perspective (@InvariantPersp1) September 11, 2024 CRE bros after praying the Virgin, Moises and Allah for 6 months non-stop for a 50 bp cut in Sep and having their hopes smashed by OER this morning… pic.twitter.com/LtHhdBUiwd — KKGB (@INArteCarloDoss) September 11, 2024

33 million small businesses, employing 46% of private sector workers, report 37% earnings decline from rising costs.

The United States' 33 million small businesses employ about 46% of all private sector employees, according to the Small Business Administration, and were responsible for 70% of net new jobs since 2019. — unusual_whales (@unusual_whales) September 11, 2024 37% of NFIB respondents reported deteriorating earnings, the largest share since March …

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“Gold has outperformed Treasury bonds by 100% since March 2020, amid rising government spending.

2/ US government bonds have broken below a 40-year uptrend After experiencing one of the most aggressive bear market since the 1980s pic.twitter.com/FTPZvQuipe — Bravos Research (@bravosresearch) August 28, 2024 4/ Since March 2020, gold has outperformed Treasury bonds by +100% coinciding with rising government spending Government expenditures have gone …

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Consumer Finance subindex surges, highlighting rising issues in billing disputes, auto repossessions, payday loans.

Off to the races! The Consumer Finance subindex reflects the number of intakes related to consumer finance issues such as billing disputes, auto repossessions and payday loans, as a share of total intakes across all areas of law. pic.twitter.com/CwtdHZLp8f — Darth Powell (@VladTheInflator) August 26, 2024 Electricity prices are up …

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Economic Vertigo! US Interest Payments Expected To Keep Rising Under Marxist Harris (And Why The Fed MUST Try To Lower Interest Rates)

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 a word about the staggering side of the US debt …

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First time since the 1970s Fed hasn’t cut rates amid rising unemployment. Economic data may be manipulated like in Weimar Germany; real impact felt later.

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 used during periods of monetary debasement and rampant… pic.twitter.com/7hgKSCF8QD — …

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Mortgage Purchase Applications Rise In Latest MBA Survey But Still Down -11% Since Same Week Last Year (MBS Convexity Rising As Rates Decline)

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 (MBA) Weekly Applications Survey for the week ending August 2, …

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US home prices hit a record in May; growth slows. Rising inventory: 65% of homes unsold after 30 days.

https://t.co/EQKqdh6AzlPrice Drop! — Future Talk (@FutureTalk_X) July 31, 2024 Morgan Stanley: Only 3% chance GDP will decline in 2025. Trust the science! pic.twitter.com/oMupYTLCqa — Peter Berezin (@PeterBerezinBCA) July 31, 2024 The real estate market is a significant part of the U.S. economy. In 2023, it contributed approximately 18% to the national GDP. This …

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US Banks Experiencing Rising Unrecoverable Debt

By Martin Armstrong I’ve long been sounding the alarm on the private debt crisis sweeping the Build Back Better nations. US government debt equaled 122.3% of the nation’s GDP in 2023, a cost that will be passed on to the taxpayers. As of Q1 2024, US household debt stood at …

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People Are LOSING THEIR HOMES TO THESE RISING COSTS

More and more people are being forced to sell their homes due to the phantom cost of homeownership rising too high unexpectedly. These are usually things like homeowners insurance increases, property tax increases, special assessments, or unexpected repair cost. For a long time these costs were relatively stable, but over …

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Inflation Slows To 3.0%, But Shelter Still Rising At 5.2%, Electricity Up 4.4% (Core Prices Continue To Rise And Have Never Been Higher)

by confoundedinterest17 Are you ready? You can tell an election is on the radar since inflation numbers are settling down for the most part. According to the BLS, overall inflation fell slightly in June to 3.0%. Shelter CPI is up 5.14% YoY as M2 Money growth has been rising slowly … again. …

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MMT (Mostly Magic Theory)! The Fraud Of ‘Monetary Policy’ (Mortgage Rates Rising With Magical Fed Money Printing)

by confoundedinterest17 MMT is mostly magic! The Federal Reserve relies on “The Power of Magic” to fool people. For example, the massive increase in money printing following Covid and Biden’s disastrous economic policies (or FOLLICIES). Modern monetary theory (MMT) is not convincing to most trained economists of various schools of thought. This causes many to balk …

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