Zoom asks employees to return to office for first time since COVID-19 pandemic August 6, 2023 9:45 pm
US oil reserves reach lowest level since 1985, declining rapidly, market conditions delay refills. August 5, 2023 9:55 pm
The typical U.S homebuyer is feeling the pinch with a 20% surge in monthly payment from last year; Median house payment is up 79% since 2020. August 4, 2023 8:28 pm
US Gasoline Prices Surge Again 6.5% Since 7/23/2023 (Gas Prices UP 60% Under Bidenomics As Strategic Petroleum Reserve DOWN -46% Under Corrupt Joe) August 4, 2023 1:25 pm
Bidenomics! Ford Will Lose $4.5 Billion On EVs This Year, Up From $2.1 Billion Last Year (Ford DOWN -48% Since January 2022, GM DOWN -40% As Fed Withdraws Stimulus) August 3, 2023 8:21 pm
S&P Global: U.S. corporate bankruptcies rise this year rise to second-highest level since 2010. July ranked as the second-worst month of 2023 (so far). Corporate bankruptcies surpass every year since 2010 except for the COVID-impacted year of 2020. August 3, 2023 3:45 pm
US yields skyrocketed after Fitch stripped the US of its AAA rating. 10y yields now at 4.15%, highest since November 2022 August 3, 2023 3:37 pm
Inflation Alert! Bank of England raises interest rates to highest level since the Great Financial Crisis. August 3, 2023 11:45 am
UK house prices drop by most since 2009 amid rising interest rates (Housing Bubble 2.0 is bursting) August 3, 2023 10:11 am
US reaches highest apartment vacancy rate since 2017, with metros reaching 6+ year highs… “Similar to 2007 levels” for real estate sales volume. August 2, 2023 9:27 pm
American credit rejection rate rises to 21.8%, highest since June 2018, indicating tougher borrowing conditions. August 2, 2023 3:48 pm
Bidenomics (Or Yellenomics)! Real Weekly Earnings For Men LOWER Under Biden Than Jimmy Carter! (Men’s Real Weekly Earnings DOWN -9% Since Q2 2021 While M2 Money UP 31%) August 1, 2023 8:43 pm
US job openings drop to lowest since April 2021, indicating softening labor market demand. August 1, 2023 8:00 pm
Democrats finally admit that Joe Biden has dementia, even since he was VP. Remember when they insisted it was a “stutter”? August 1, 2023 7:08 pm
223,000 tech layoffs in 2023, 60,000 more than 2022’s total, and we are only 7 months in; Nasdaq surpasses Dow by 30% this year, the largest margin since 1971. July 31, 2023 3:26 pm
The US national debt has increased by $1.8 trillion since the “debt ceiling crisis”. They did it in less than 2 months. At this rate, in 3 months, the debt will be 4 trillion. US Treasury is issuing $102B of long-duration bonds in the upcoming weeks. July 31, 2023 2:51 pm
Corporate bonds yield 0.12% above Fed Funds rate, the lowest level since 2007, and several indicators suggest a severe recession. July 31, 2023 9:08 am
This Whole Industry is Crashing at the Fastest Rate Since the GFC (And Why It Has Dire Consequences) July 28, 2023 9:00 am
A BILLION HERE AND A BILLION THERE…: Meta’s Reality Labs has now lost more than $21 billion since the beginning of last year. July 27, 2023 9:47 pm
Nominal hedges are cheap but expensive for portfolio performance during melt-up… Therefore they’re the longest since the top. July 27, 2023 2:52 pm
Debit Balances in Customers’ Securities Margin Accounts increased by $37,058 million, or 5.75% from May to June–the biggest jump since December 2022. This implies that customers are borrowing more money from their brokers to buy securities on margin. July 27, 2023 10:28 am
KJP “Hurts So Good” Presser: Prices UP 16.6% And Real Wages Down -3% Since Biden Took Office (Food UP 56%, Gasoline UP 52%, Mortgage Rates UP 153%) Hurt So Good??? July 26, 2023 9:15 am
Biden’s Mortgage Market! Mortgage Demand Falls 1.8 Since Last Week, Purchase Mortgage Demand Down -49% Since April 2021, Refi Mortgage Demand Down -87% As Mortgage Rates Up 115% (Hurts So Bad?) July 26, 2023 8:58 am
Economic and social terrorism by elite and Federal Reserve rewards speculators; Financial conditions are loosening at a fairly steady clip, even as the Fed prepares to hike rates to the highest level since 2001. July 26, 2023 8:31 am
Joe Biden approved $400 million in aide package to Ukraine, marking 43rd US aide package since February 2022. July 25, 2023 10:20 am
$78 billion withdrawn from commercial banks last week (7/5-7/12). $869 billion in deposits has been pulled since the all time hit 4/13/22. With the FDIC announcement today banks aren’t reporting their uninsured deposits correctly, will this re-accelerate the bank run already picking up pace again?!? July 24, 2023 7:47 pm