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
