spike

Nothing says ‘fiscal responsibility’ like a trillion-dollar spike in debt in 15 weeks. I’m sure interest payments will magically solve everything!

The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion.Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congresshttps://t.co/4qD6tEfp9E pic.twitter.com/WlTbn3Q5L4 — Wolf Richter (@wolfofwolfst) January 3, 2024 The alarming surge in US government debt, ballooning by a staggering …

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The Federal Reserve’s rapid rate hike, soaring from 0% to 5.33% in 18 months, could cause a severe economic slowdown.

I always find this chart staggering to look at. We've never seen the Federal Reserve slow the economy this violently before. Rates went from 0% to 5.33% within 18 months. That's unheard of. https://t.co/KoQ4CsPV0H pic.twitter.com/2vldAWuGei — Financelot (@FinanceLancelot) December 23, 2023 Don't believe that data. If inflation is 10% but official numbers say 5%, then …

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The Biggest Spike In Homelessness Ever Recorded Is A Sign That The U.S. Economy Is Plunging Into An Abyss Of Pain And Suffering

by Michael At least things are still good for those at the very top of the food chain.  But for everyone else, economic conditions have already become very painful.  Today, the vast majority of Americans have less money than they did prior to the pandemic, and thanks to raging inflation our standard of living is steadily going down.  We …

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Sudden SOFR Spike Sparks Concerns of Mounting Reserve Shortage and Surging Overnight Repo Rates.

A sudden spike in SOFR (Secured Overnight Financing Rate) points to a mounting reserve shortage and an overnight repo spike, surprising many as SOFR printed at 5.39% on Friday. This departure from the market’s accustomed pattern, where overnight Repo GC rates spike without a corresponding rise in SOFR, underscores the imperfections of SOFR as a …

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RRP facility drop stems from Treasury’s 5.4% bill funding, diverting funds. When RRP depletes, liquidity shortage may spike short-term rates, impacting asset classes.

by Virtual_Crow The RRP facility is used to take excess liquidity out of the system. Banks have a ton of extra deposits that they would loan out, and if there’s too little demand for loans they’d loan it at less than 5% (for short term loans). The Fed doesn’t want that because loaned deposits multiply …

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Housing is so expensive that incomes would have to spike 55% for it to be affordable

While you are distracted with petty daily infightings, this has been silently underway. You will own nothing and be happy… via businessinsider: The housing market is so unaffordable that only three extreme scenarios would return it to pre-pandemic affordability. US incomes would have to spike 55% to consider the current market affordable, an industry executive …

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Target Products Will Face Massive Price Spike This Fall As CEO Warns About Crisis Ahead

https://www.youtube.com/watch?v=-c7EKqC-Krg Target’s products are going to get more expensive this fall. The company’s CEO is warning about tougher conditions for shoppers and also raising the alarm about the state of the U.S. economy. The retailer is one of the biggest general merchandise companies in America, and its household goods, groceries, and clothing are about to …

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Cannabis to be moved to Schedule III Causing massive spike in MSOS and US Marijuana Companies

The HHS is recommending cannabis to be moved from Schedule 1 to Schedule III. This will remove the 280E tax burden on the US marijuana companies and allow for up-listing to the NYSE and NASDAQ. https://www.bloomberg.com/news/articles/2023-08-30/hhs-calls-for-moving-marijuana-to-lower-risk-us-drug-category?leadSource=reddit_wall ​ https://www.marijuanamoment.net/top-federal-health-agency-says-marijuana-should-be-moved-to-schedule-iii-in-historic-recommendation-to-dea/ Important to note that it’s not a surefire thing that it’ll be rescheduled to III. This is …

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200 ship backlog cant enter panama canal due to drought.Delays set to wipe $200M off profits and cause spike in US grocery and parcel prices

Huge backlog of 200 ships are stuck trying to enter the Panama Canal as they wait WEEKS amid slowed traffic due to drought: Delays set to wipe $200M off profits and cause spike in US grocery and parcel prices The large vessels, thought to be carrying millions of dollars worth of goods, are locked in …

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Regional banks experienced same spike before 2008 crisis; BlackRock may trigger pullback with Fed’s removal of BTFP and OCE.

For those who say "everything is fine," we saw the same spike in regional banks right before the 2008 crisis 🤫 BlackRock is setting up the rug pull when the Fed takes away emergency BTFP & OCE. https://t.co/YnlzAWEzfU pic.twitter.com/GSVJ4Y3QIE — Financelot (@FinanceLancelot) July 26, 2023 Fed hiked .25% as expected. They left all options on …

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Russia Terminates Black Sea Grain Deal, Wheat Prices Spike, As Extent Of Crimea Bridge Terrorist Attack Revealed

Wheat prices jumped as much as 3.5% as news broke Monday that Russia let the UN-brokered grain deal lapse at midnight, Istanbul time, marking the end of the Turkey-administered humanitarian corridor which let Ukrainian grains get exported to global markets. Russia since confirmed the deal has been “terminated” Currently there’s speculation that the fresh attack …

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Bidenomics! Nationwide Spike In Family Homelessness, UP 37.6% YoY (NYC Homeless Rate UP 66.4% YoY, Chicago UP 82.2%!)

by confoundedinterest17 Wasting away again in Bidenville, looking for my lost economy. In June, the White House revealed a new public relations campaign called “Bidenomics” to define President Biden’s economic agenda ahead of the 2024 presidential election cycle.  “I don’t know what the hell that is, but it’s working,” Biden stated at a June 17 …

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When The Fed Loses Control Of The Debt Market & Yields Start To Spike Uncontrollably, It’s Game Over For The Everything Bubble

by Simian_Stacker https://www.cnbc.com/bonds/ Big moves in the debt market. US 3M T-BILL YIELD new high wen 50bps pic.twitter.com/mCbZMOxnf0 — Alessio (@AlessioTMAD) June 29, 2023 1-Year Treasury Bills now have a yield of 5.32%, the highest level since December 2000 pic.twitter.com/jKj27cpliq — Barchart (@Barchart) June 29, 2023 The decline in headline CPI is primarily driven by …

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WSB trader YOYO: Waiting for another VIX spike

via WSB: The VIX closed at 14.60 today–lowest close since **February 2020** pic.twitter.com/Tg9gSi9h5d — Gunjan Banerji (@GunjanJS) June 2, 2023 Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment …

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