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Despite a nearly 3% rise and a big green candle, sellers dominated, as shown by the delta. This is an oversold rally & not a data driven one – one of the worst UMich reports on record – stagflationista galore. …
by confoundedinterest17 To quote Freddie King, the US is going down. Longer-term inflation jumped to their highest since June 2008, according to the latest UMich Sentiment survey, while short-term inflation expectations dropped to four year lows… Housing sentiment (buying conditions for …
A University of Michigan student from China faces criminal charges after allegedly casting a ballot illegally. According to Michigan’s Secretary of State Jocelyn Benson and Washtenaw County Prosecutor Eli Savit, the non-citizen student registered using his student ID and residency …
The Umich sentiment survey highlights that mainstream media reporters aren’t overly concerned about depicting the economy positively, as consumer sentiment reflects the harsh realities of maxed-out credit cards, elevated interest rates, and a weakening job market. This survey sheds light …
by confoundedinterest17 The University of Michigan consumer survey results are out and there is good news! Sort of. The UMich Buying Conditions for Houses rose to 47 in July! That is the good news. The bad news? It was at …