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Grocery prices rose 3.6% for the year, higher than the overall 3.2% increase of consumer prices, per CNN. Food altogether, including menu prices, went up 4.9%. — unusual_whales (@unusual_whales) August 15, 2023 Food and Gas Prices Continue to Rise, Putting …
Since the debt ceiling crisis, the US has already added nearly $1.5 trillion in debt. Meanwhile, tax receipts are down sharply this year. We are spending more and making less, a recipe for disaster. Follow us @KobeissiLetter for real time …
https://twitter.com/Econimica/status/1686999658483314688 Stages of a Super Bubble (used S&P 500 from 2010 to 2023). There's nothing to fear, Minsky Moment is here… pic.twitter.com/tdc025i3pd — Minsky Moment (@BP_Rising) August 2, 2023 https://twitter.com/Econimica/status/1686861898225246208
Great chart from PPG Macro showing delinquency issues beyond the large lenders. It seems that small lenders are increasingly exposed to overly risky loans. Commercial real estate loans are yet another example. Follow us @KobeissiLetter for real time analysis as …
Diablo translates to ‘devil’ On the day of launch, New York was encompassed in a red tint provoking thoughts of a scene from hell from on lookers https://www.nytimes.com/2023/06/12/technology/diablo-iv-video-game-sales.html Having the Diablo IV billboard in New York City during this wild …
Air Defender, NATO’s largest Air “Defense” exercise ever held, surpassing even the 80’s era REGORGERs, begins in just 72 hours…. If NATO is going to Intervene in Ukraine, it will happen in the next seven days. Based on just the …