Pending home sales are collapsing, potentially marking the worst September since the 1990s. September 15, 2024 8:21 pm
PwC to lay off 2,000 U.S. employees, its first since the 2009 financial crisis. September 12, 2024 8:50 pm
Shelter CPI increased 5.2%. That’s the 29th consecutive month above 5%, the longest period of elevated housing inflation since the early 1980s. September 12, 2024 11:09 am
Chinese Stocks fall to lowest prices since January 2019. 3-year yields close near record lows. September 12, 2024 11:07 am
US Commercial real estate loans are reaching delinquency rates not seen since the GFC September 12, 2024 10:01 am
Online grocery prices fell 3.7% in August, marking the largest decline since 2014. September 11, 2024 2:24 pm
Gasoline at its lowest price since 2021. Disinflation has broadened. All commodities (obviously ex-Gold) pricing in a hard landing? September 9, 2024 1:01 pmSeptember 9, 2024 11:33 am
August private payrolls rise by just 99,000, missing expectations and marking the smallest gain since 2021. Layoffs jump in August while hiring in 2024 is at a historic low, Challenger report shows September 5, 2024 8:22 am
Oil prices have dropped 4.57%, erasing all 2024 gains. WTI Crude is now trading around $70 for the first time since Dec 2023. September 4, 2024 11:08 am
Chicago office building sold for $11 million, reflecting a staggering 63% drop since 2022. September 2, 2024 2:00 pm
Trillions of dollars of money printing since Covid has created the illusion of a growing economy… in fact, the US economy is in the midst of a depression. Marc Faber warns markets could deflate 50%. August 29, 2024 9:42 pm
“Gold has outperformed Treasury bonds by 100% since March 2020, amid rising government spending. August 29, 2024 1:50 pm
Canada’s youth unemployment rate spikes to 14.2% in July 2024, highest since 2012 excluding pandemic years. August 27, 2024 10:33 pm
Kate Middleton is seen at Crathie Kirk for the first time since revealing her cancer diagnosis as she joins Prince William and other Royal Family August 26, 2024 10:05 am
U.S. Dollar Index $DXY on track for lowest close since July 2023. People think they’re getting richer as the market goes up but in real terms not really. August 23, 2024 3:53 pm
FOMC Minutes: “The staff provided an update on its assessment of the stability of the U.S. financial system and, on balance, continued to characterize the system’s financial vulnerabilities as notable.” “Hedge fund leverage reached its highest level since 2013.” Ruh-roh… August 22, 2024 4:11 pm
Equities saw largest fragility shock on record… Hedge Funds are net bearish on commodities for the first time since 2016. Incredible timing. August 21, 2024 11:14 am
That’s Biden/Harrisnomics! Leading Economic Indicators Down For 29th Straight Month (Outside Of Great Financial Crisis, The Worst Decline In LEI Since Mid ’70s!!!) August 21, 2024 10:18 am
Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis August 20, 2024 9:15 pm
Daily $VIX options hit the highest level since 2018. When serious trouble hits, $VIX will fly. August 20, 2024 1:21 pm
SCE Labor Market Survey: The proportion of individuals who reported searching for a job in the past four weeks rose to 28.4% from 19.4% in July 2023, highest since March 2014. The average expected likelihood of becoming unemployed in the next four months reached a series high. August 19, 2024 8:04 pm
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. August 18, 2024 10:27 am
Lumber prices plunge, signaling sharp slowdown in US housing and economic conditions… Housing Permits plunge 4.0% to 1.396, lowest since June 2020 August 16, 2024 10:09 am