Financial strain hits teens: scarce summer jobs, high gas prices, reduced spending on clothes. July 3, 2024 8:34 pm
41% of consumers plan to cut restaurant spending; over 50% expect higher grocery expenses. July 3, 2024 9:09 am
When even the government has to cut staff, it’s a hard landing, folks. Government spending is usually what pulls us back OUT of recessions. July 2, 2024 9:52 am
Hey Big Spenders! 16 Nobel Prize-winning economists say Trump policies will fuel inflation (big spending gov’t +37.7%, US debt up 50% under Biden driving the economy, along with Federal Reserve) June 28, 2024 10:41 pm
Nike’s 17% plunge today signals worsening consumer spending and shrinking sales projections. June 28, 2024 10:21 pm
Current Administration: We will spend more money to solve this problem that was created by spending too much money! June 28, 2024 4:07 pm
Survey: Over 90% of Americans plan domestic travel in 2024, spending $1,163 per trip. June 27, 2024 10:36 am
US bankruptcies surge: 275 companies bankrupt in 2024, consumer spending weakens, Red Lobster files. June 24, 2024 6:36 amJune 23, 2024 2:31 pm
Biden Admin Shoots Down $24 Billion Pay Raise For Enlisted Troops — After Spending Seven Times More On Ukraine June 12, 2024 10:42 am
Endless spending and low interest rates cause 40-year high inflation, with over half of Americans believing we’re in a recession. June 10, 2024 3:44 pm
The real Fed Funds Rate is now at its highest since 2007, Retail spending in freefall. June 8, 2024 9:43 pm
Consumer credit barely grew in April as March revised negative; spending went negative. Household debt hit $17.7 trillion. Defaults climbing. June 8, 2024 8:18 am
Major retailers like Target, Walmart, and Aldi, slashing prices up to 30% as inflation-weary consumers curb spending. June 5, 2024 11:28 pm
The consumer has been in the worst shape since the Great Financial Crisis, and spending is collapsing. June 3, 2024 9:37 pmJune 3, 2024 2:15 pm
Stagflation looms: US Q1 2024 GDP slashed, consumer spending falters amid soaring inflation. June 2, 2024 10:56 am
Credit card delinquencies are starting to go vertical. Brian Moynihan worries about a spending slowdown June 2, 2024 10:51 am
Economic Surprise Index Falls To -0.126 As Buying Conditions For Housing Remains Negative For Most Of Biden’s Presidency (US Debt Servicing Costs 12% Of Government Spending) May 26, 2024 3:34 pm
Rep Jodey Arrington: “Biden’s budget proposes the highest sustained levels of spending, borrowing, and taxing in the history of the United States of America. Adding $16 trillion to the debt” May 23, 2024 12:09 pmMay 23, 2024 9:32 am
Not just discretionary spending, but spending on staples has collapsed. Folks, this is a recession. It’s already here. May 22, 2024 2:47 pmMay 22, 2024 11:15 am
Kentucky Rep. Thomas Massie Soundly Wins Primary Despite AIPAC Spending Over $300k on Attack Ads May 22, 2024 8:28 am
Consumers are so demoralized by inflation and high rates that they’ve given up on saving for the American Dream and are spending money instead, economist says May 20, 2024 9:07 am
Biden’s Regulatory Spending Rockets to Nearly Obama-Era Levels in Just ONE Week May 13, 2024 10:41 am
Stan Druckenmiller on Bidenomics: “If I was a professor, I’d give him an F. Treasury is still spending like we’re in a depression. We have 7% budget deficits at full employment… it’s unheard of.” May 12, 2024 10:08 pm