Simply Unaffordable! Home Affordability Worst Since 1984 (Home Prices UP 26% Under Biden While REAL Median Weekly Earnings DOWN -5%) August 26, 2023 10:31 pm
President Trump Makes First Statement Since Leaving Fulton County Jail [VIDEO] August 25, 2023 7:27 am
A Federal deficit boosts GDP. This chart shows how bogus US GDP “growth” has been since 2008. August 24, 2023 10:22 am
About one-third of US homes are new construction, with new home prices dropping below existing prices for the first time since 2005. Another crisis created by the Fed. August 23, 2023 9:49 pm
NY Fed Survey: Expected likelihood of becoming unemployed rises. Meanwhile, conditional on expecting an offer, the average expected annual salary in the next 4 months increased sharply to $67,416 from $60,310 in July 2022, a new record. Wages on offers up over 14% since July 2022, Inflation fuel! August 23, 2023 3:11 pm
Burning Down The Housing Market! Mortgage Demand Decreased in Weekly Survey Purchase Applications “Lowest Level Since April 1995” August 23, 2023 10:14 am
Bidenomics At Work! US Existing Home Sales Weakest July Since 2010, Down -16.6% YoY August 22, 2023 3:31 pm
This Major Economic Powerhouse is Crashing at the Fastest Rate Since the Global Financial Crisis August 21, 2023 6:24 pm
Treasury yields reach highest since 2007; Liquidity issues in Treasuries; Investors demand higher compensation for US government debts and elsewhere. August 21, 2023 3:37 pmAugust 21, 2023 2:51 pm
The Global Financial System is Facing Its Biggest Threat Since the GFC (And Why We Can’t Stop It) August 18, 2023 8:16 pm
China Evergrande seeks Chapter 15 protection from creditors, facing 40% default rate in Chinese home sales since 2021. August 17, 2023 5:51 pm
10-year Treasury yield briefly rose above 4.31%, the most since the 2007-2008 global financial crisis, and the 30-year rate at 12 years high August 17, 2023 3:49 pm
Global Treasury Yield Hits 15-Year High, Back To 2008 Despite No Change In Industrial Production (REAL 10Y Yield Now Highest Since 2009, Approaching 2%) August 17, 2023 3:06 pm
Something is about to break: Real yields break things up here, at 185bps, the highest since Lehman. Bond markets anticipate spiraling debt interest expense due to increased rates. August 16, 2023 9:59 am
10-year yields rise above pre-SVB collapse, highest since 2009. Higher nominal yields impact corporate bonds, increasing refinancing costs. Will we see another blow-up in the next few weeks? August 15, 2023 9:31 am
When banks have the biggest unrealized losses since the great financial crisis this Fed chart gets discontinued? August 13, 2023 9:47 pm
“this is what I am seeing coming out of the circulatory system during the embalming process since early 2021.” August 12, 2023 9:25 pm
US CPI inflation rate rises to 3.2% in July, below expectations, and core inflation at 4.7%, marking the first monthly increase since 2022. August 10, 2023 8:42 am
European natural gas prices surge 40% today, reaching highest since March 2022, with worker strikes potentially limiting supply August 9, 2023 3:26 pm
Biden’s Mortgage Market! Mortgage Demand Falls -3.1% Since Last Week, Purchase Demand Falls -3% And Down -27% Since Last Year August 9, 2023 9:34 am
New York Fed: Total Household Debt Reaches $17.06 Trillion in Q2 2023 (increased by $2.9 trillion since the end of 2019); Credit Card Debt Exceeds $1 Trillion for the first time. The Debt Time Bomb is Ticking… August 8, 2023 3:16 pm
Worst day since May 4th… Moody’s waits for a four month short covering rally to end and then downgrades bank stocks. August 8, 2023 10:15 am