US big-cap investors bullish, small businesses pessimistic amid rising inflation and poor sales.

And who can blame them with inflation accelerating? pic.twitter.com/YRIyJbfCt3 — Michael J. Kramer (@MichaelMOTTCM) April 9, 2024 US small-business optimism dropped to a more than 11-year low in March as sales expectations slumped and inflationary pressures remained a trouble spot, according to the National Federation of Independent Business. The index of sentiment fell 0.9 point …

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Financial media pundits dictate sentiment, ignoring rising prices. Low-income earners cut dining out due to inflation, credit card rates soar.

More low income earners in the Us are not dining out, per Reuters: pic.twitter.com/oAbUo1h9D0 — unusual_whales (@unusual_whales) April 8, 2024 “Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s (MCD.N), opens new tab and Wendy’s (WEN.O), opens new tab recently said they …

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California Dems anger progressive left, push harsher penalties for shoplifters amid rising crime

California Democrats appear to be backtracking on some soft-on-crime policies, according to a number of new bills introduced in the state legislature seeking harsher penalties for retail theft. Assemblymember Wendy Carrillo, a Democrat from LA County and vice chair of the Legislative Progressive Caucus, introduced AB 1990, which would allow law enforcement to conduct arrests …

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Commercial real estate delinquency rates rising, expected to hit highest level in history.

Office Vacancy Rates expected to hit highest level in history during Q1 2024 pic.twitter.com/kU48krStdE — Win Smart, CFA (@WinfieldSmart) April 2, 2024 Rising Commercial Real Estate Delinquency Rates Delinquency rates for commercial real estate have risen during each of the past three recessionary periods, and they are currently on the rise again. This chart shows …

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Gold scams rising in China as middle-class investors seek safe-haven assets amid weak stock market, property crisis

Earlier this month, a Beijing-based franchise of a well-known gold brand was sued for fraud in a scheme that had allegedly cheated more than 70 investors out of over 60kg (132 pounds) of gold, the National Business Daily reported late last month. The case is ongoing. Some victims claimed they had invested in gold bars …

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Chinese banks face rising property bad loans: Bank of Communications’ ratio surged to 4.99%, Industrial & Commercial Bank saw a 9.6% increase.

“#China: Bank of Communications reported that its property bad loan ratio jumped to 4.99% at the end of last year from 2.8% a year earlier. Industrial & Commercial Bank of China saw its bad loans from residential mortgages rise 9.6% to 27.8 billion yuan. We know that the property sector (as outlined in a 2021 …

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Corporate bond market exceeds $10T; primary dealer inventory at $33B signals illiquidity. Rising defaults echo 2008.

Corporate bonds outstanding >$10T. Primary dealer inventory $33B -not a liquid market. When credit markets quiet & calm, it gives impression liquidity's fine, but if many want to sell, liquidity disappears. Even in quiet markets, finding a bond can take several days @apolloglobal pic.twitter.com/6tx1U6jNH6 — Danielle DiMartino Booth (@DiMartinoBooth) March 24, 2024 Up and to …

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Realtors face tough year with legal settlements likely lowering fees; rising evictions add to housing affordability crisis.

Realtors across America are in for a tough year in 2024, with a new legal settlements likely lowering their fees and commissions. Something that could result in hundreds of thousands of realtors quitting. Many renters are being evicted from their homes due to the increasing cost of renting a house. With 35% of the U.S. …

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Chief Economist Warns Of High Chances Of Recession Due To Rising Unemployment And Declining Consumer Spending

Chief Economist Warns Of High Chances Of Recession Due To Rising Unemployment And Declining Consumer Spending The chances of the economy sliding into a recession are “extremely high,” as the United States is on the brink of experiencing a surge in unemployment and a significant decline in consumer spending. Joe LaVorgna, the chief economist of …

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US labor surplus, NFIB report shows rising unemployment, falling business optimism.

Very bearish chart. Finding good ‘quality labour’ is no longer a problem in the US. Sharp increase in labour supply is underway (as per today’s NFIB report). Not what a soft landing looks like pic.twitter.com/KyA51rL28w — Longview Economics (@Lvieweconomics) March 12, 2024 US NFIB has declined 0.5 points to 89.4This is the sixth decline in …

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Schiff: Rising deficits will likely push the National Debt over $40 trillion by next year!

The #NationalDebt just surpassed $34.5 trillion, up over $100 billion so far in March. At this rate the National Debt will rise $300 billion during the month. That's a annual pace of $3.6 trillion. Rising deficits will likely push the National Debt over $40 trillion by next year! — Peter Schiff (@PeterSchiff) March 11, 2024 …

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Markets brace for tomorrow’s 8:30 am EST inflation data; shorts covering; gold rising streak.

Big day for the markets tomorrow Inflation numbers come out at 8:30am EST Previous reading = 3.1% Predicted reading = 3.1% pic.twitter.com/ppUYbp9G8D — Bravos Research (@bravosresearch) March 11, 2024 Shorts are covering ahead of CPI tomorrow. However, CPI last month was the heaviest selling down day of 2024. pic.twitter.com/dly12gIaag — Mac10 (@SuburbanDrone) March 11, 2024 …

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Biden’s approval slump, coupled with Trump’s rising support in both polls and betting markets, suggests the political tides have turned

Another damming poll for Biden: With 8 mths left until Nov election, Joe Biden’s 43% support lags behind Donald Trump’s 48% in the national survey of registered voters. The share of voters who strongly disapprove of President Biden’s handling of his job has reached 47%, higher… pic.twitter.com/GluqRbZ77D — Holger Zschaepitz (@Schuldensuehner) March 3, 2024 Two …

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Millennials face rising billing disputes, with a 96% increase, tied to credit defaults and inflation impact.

Millennials Are Losing Their Cars. Billing disputes surged year-on-year among Gen X and Millennials, LegalShield said, who have experienced a 96 percent increase in billing inquiries. Calls are up across the board as well, with a 53 percent increase among all LegalShield members, indicating a broader rise in billing-related issues. John Saltarelli, a LegalShield provider …

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Back In The Saddle Again! Why The Fed Will RAISE Rates (Home Price Growth Reaccelerating, SuperCore Inflation Is Rising, Mass Immigration)

by confoundedinterest17 The Federal Reserve (aka, The Keep) is back in the saddle again. The Fed has been unable to control inflation since Federal government spending was so fast and furious after Covid that little thought was given to the long-term ramifications of insane spending. Not to mention The Fed’s overreaction to Covid. Example? Home price growth …

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Americans fed up with rising fast food prices… Americans shun McDonald’s, KFC, and Taco Bell amid disappointing sales.

Fast food giants like McDonald’s, KFC, Pizza Hut, and Taco Bell are experiencing a significant downturn in sales as Americans grapple with escalating prices on their once-affordable menu items. The frustration of consumers is palpable, manifesting in dwindling sales figures for these iconic fast-food chains. In a rare admission of the challenges faced by McDonald’s, …

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The Truth About Biden’s Awful Jobs Report And Rising Credit Card Delinquencies (Weakest Jobs Report For January On Record, 90+ Day Delinquency Rate Rises To Almost 10%)

by confoundedinterest17 I think the Biden Presidency is nicely summed-up by Biden confusing France’s President Macron with former French President Mitterand. Particularly since Mitterand died in 1996. Is Biden seeing dead people?? Anyway, the Biden economy and his Bidenomic strategy is based on massive debt expansion, both public and private debt. Household Debt reached $17.5 Trillion in Fourth Quarter; …

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China Surpasses India as Top Consumer of Gold Jewelry: Rising Demand Amidst Economic Uncertainties Signals Shift in Investment Preferences

China has overtaken India as the world’s number 1 consumer of gold jewellery. China understands the era of gold very well. — Gold Telegraph ⚡ (@GoldTelegraph_) February 3, 2024 China’s gold rush: world-leading jewellery surge shows how other investments have lost their shine China has overtaken India as the world’s No 1 consumer of gold …

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Will Rising Gas Prices Impact Biden’s Chances for Re-election in 2024?

President Biden faces a challenging road to re-election as a sharp increase in fuel prices could potentially sway the outcome, according to an analysis from Moody’s Analytics. Initially predicted to win the 2024 election by a narrow margin, recent indicators are now working against Biden. Rising fuel prices could cost Biden re-election – The Hill …

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Texas Takes Legal Stand Against Border Crisis, Governors Rally for Constitutional Defense Amid Rising Invasion Threats

As Texas faces a brewing showdown with the Biden administration over the escalating border crisis, the Lone Star state finds itself entangled in multiple lawsuits, with at least three challenging its efforts to defend the southern border. Governor Greg Abbott declared on January 24, 2024, that over 6 million illegal immigrants have crossed Texas’s southern …

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