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They edge up but still not rising?

So, more people don’t have jobs but they’re also not losing them? Jobless claims edge up to 230,000, but still no sign of rising layoffs Labor market has cooled and hiring has slowed Story developing. Stay tuned for updates here. The numbers: The number of Americans who applied for unemployment …

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U.S. consumer credit card debt hits $1.07 trillion, growth slows but debt still rises steadily.

Consumer Credit Card Debt Continues to Grow Consumer credit card debt in the US continues its upward trajectory, reaching a staggering $1.07 trillion as of August 14, 2024. This marks another milestone in the ongoing trend of rising consumer debt, though there are signs that… pic.twitter.com/Il5SBi52Zl — Reef Insights (@ReefInsights) …

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This is actually a single-family house in Punta Gorda, FL. Down -35%. Back to 2019 value. Still sitting on the market after nearly a year.

3) Here's another listing. This is actually a single-family house in Punta Gorda, FL. Down -35%. Back to 2019 value. Still sitting on the market after nearly a year. pic.twitter.com/mXpnHMFdAH — Nick Gerli (@nickgerli1) August 23, 2024 1) To be clear: prices in Florida's condo market aren't down 41% from …

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Employee Motivation and Commitment Index drops 21 points, still above two-year average.

"The Employee Motivation and Commitment Index fell 21 points in August, the largest month-over-month decline in data going back to January 2022 … [but] the index remains above its two-year average of 109."@ADP pic.twitter.com/KukCKTwbir — Daily Chartbook (@dailychartbook) August 21, 2024 The Employee Motivation and Commitment Index is a measure …

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BOJ Research Notes Indicate Interest Rate Hike Is Still on Table – Bloomberg… Yen Carry Trade Unwind Has Just Started?

🇯🇵 #Japan | #BOJ highlights rising wage pressure from structural job market change – Reutershttps://t.co/yfeIGBJzYv — Christophe Barraud🛢🐳 (@C_Barraud) August 21, 2024 BREAKING: now the #ECB joins the #BOJ and begins lending $USD to the banking system ⚠️ Yes, a small amount, but whoever needed it had no other alternatives …

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Thomas Thornton: ‘Finishing up the Hedge Fund Telemetry weekend notes. Still see risk of yen carry trade unwinding’

https://twitter.com/TommyThornton/status/1825183451605057694 https://twitter.com/TommyThornton/status/1825188832305934729 The unwinding of YEN carry trade in focus once again. Backtesting the primary trend-line pic.twitter.com/54ga5jpEmq — The Great Martis (@great_martis) August 16, 2024 I think the unwinding of the carry trade is far from over. The yen's newfound strength might be a temporary reprieve before another leg down. …

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Still Crazy After 4 Years Of Biden/Harrisnomics! Core Consumer Prices (Inflation) Up For 50th Straight Month, Hits New Record High (Up 3.2% YoY)

by confoundedinterest17 Following last month’s ‘deflationary’ print (-0.1% MoM), analysts expected headline CPI to rise 0.2% MoM and they were spot on, shifting the YoY CPI print to 2.9% (from 3.0%) – the lowest since March 2021… Source: Bloomberg Core CPI also rose 0.2% MoM (as expected), and the YoY rate of …

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The global rally hinges on false BOJ pause belief; economists still anticipate rate hikes. The 2024 recession is going to be painful. Buckle up!

Are rate cuts bullish? No. Is the worst over? No. Can Wall Street be trusted? No. The chart of the week: "Not this again!" pic.twitter.com/ArMnkGs4vS — Mac10 (@SuburbanDrone) August 9, 2024 It took all week but the S&P 500 has rallied back to Friday's closing level. It was a week …

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Fetterman — I still believe Trump will win Pennsylvania.

https://twitter.com/CitizenFreePres/status/1821917985012949472 UPDATE: Last night, Kamala Harris personally filed an updated Statement of Candidacy (aka Form 2) to designate Tim Walz as her running mate. Since she used Biden’s personal candidate ID number (P80000722) instead of her own (P00009423), the FEC records are convoluted. Her newly… https://t.co/PoeYKct4CB — Laura Powell (@LauraPowellEsq) …

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Mortgage Purchase Applications Rise In Latest MBA Survey But Still Down -11% Since Same Week Last Year (MBS Convexity Rising As Rates Decline)

by confoundedinterest17 The slowing US economy has a silver lining: Treasury and mortgage rates are declining. And the is spurring faster mortgage prepayments. Mortgage applications increased 6.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 2, …

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Jamie Dimon — Odds still favor a recession.

JPMorgan Chase CEO Jamie Dimon said he still believes that the odds of a “soft landing” for the economy are around 35% to 40%, making recession the most likely scenario in his mind. When asked if he had changed his view from February that markets were too optimistic on recession …

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Nate Silver: Kamala hype is in overdrive, but Trump still heavily favored to win electoral college

So much for the establishment media’s overhype of Democrat presidential candidate Vice President Kamala Harris: a scientific model published on Tuesday demonstrates that GOP nominee for president former President Donald Trump is heavily favored to win the election. Statistician Nate Silver’s model, which pulls together polls and other data to …

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What Is The Fed Doing? Mortgage Rates Up 102% Since 2022 As The Fed Still Has A Long Way To Go In Shedding Its $2.4 TRILLION MBS Holdings

by confoundedinterest17 What’s it going to be? Mortgage rate increases or balance sheet (MBS) reductions? Since the Covid outbreak in early 2020, The Fed went wild with rate cuts and massive and unpredented balance sheet expansion. Let’s look at The Fed’s puchase of agency MBS and mortgage rates. From 2020 2022, …

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Check the list of 30 most recent polls. Emerson Poll | Trump still leads in most swing states. Trump leads Harris 48-47 in nationwide poll.

https://www.racetothewh.com/president/polls https://emersoncollegepolling.com/july-2024-swing-state-polls-harris-trails-trump-in-arizona-georgia-michigan-pennsylvania-tied-in-wisconsin/ In a survey taken after President Biden stepped aside, Donald Trump and Kamala Harris are locked in a tight race separated by a single percentage point among likely voters. Vice President Kamala Harris begins a 103-day sprint for the presidency in a virtual tie with former President Donald …

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Donald Trump Jr.’s Granddaughter Kai Trump: “A lot of people have put my grandpa through hell, and he’s still standing.”

Donald Trump Jr.'s Granddaughter Kai Trump, just have a POWERFUL SPEECH: “A lot of people have put my grandpa through hell, and he’s still standing.” pic.twitter.com/gGsR8g0MF0 — BP Yaduvanshi {काशी} (@YaduvanshiBp) July 18, 2024 They investigated him, they impeached him (twice), they indicted him (four times), and on Saturday they …

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Inflation Slows To 3.0%, But Shelter Still Rising At 5.2%, Electricity Up 4.4% (Core Prices Continue To Rise And Have Never Been Higher)

by confoundedinterest17 Are you ready? You can tell an election is on the radar since inflation numbers are settling down for the most part. According to the BLS, overall inflation fell slightly in June to 3.0%. Shelter CPI is up 5.14% YoY as M2 Money growth has been rising slowly … again. …

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Consumers still don’t feel particularly great according to this survey

University Michigan Sentiment Prelim: 66.0 vs a Forecast of 68.5 Inflation expectations of 2.9% for one-year ahead vs 3% on the prior reading Overall consumers still don't feel particularly great according to this survey pic.twitter.com/XQ0KAYd2tW — Markets & Mayhem (@Mayhem4Markets) July 12, 2024 🇺🇸 United States Michigan Consumer Expectations (Jul) …

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