A hub for independent voices and hard truths
The data giant just released a monster Q1 report after the bell, reporting revenue of $1.63 billion and crushing the $1.54 billion Wall Street target… Earnings came in at 33 cents per share, well above the 28 cent consensus, as …
China’s 2008 moment is happening: New home prices in 70 Chinese cities fell -0.4% MoM in January. Year-over-year, prices fell -3.1% byu/RobertBartus inEconomyCharts Factcheck: The claim is accurate based on official data from China’s National Bureau of Statistics (NBS), released …
via confoundedinterest17 Keep on printing money. It seems that home price growth requires The Fed to keep printing money. S&P/Case-Shiller released the monthly Home Price Indices for November (“November” is a 3-month average of September, October and November closing prices). September closing prices …
Shale growth hit a wall and the oil market just woke up US shale oil production has turned negative yoy for the first time in history That matters. Oil bull markets are born when depletion overwhelms new supply. Once new …
by confoundedinterest17 Case-Shiller home price indices are out today. The Case-Shiller NATIONAL home price index is up 1.5% on a year-over-year basis, but down -0.30% on a month-over-month basis). Don’t worry. The Fed won’t stop printing money.
Week ending September 10 in Vaughan did not just nudge the market downward, it slammed it into a pit nobody wants to admit exists. Detached median sold price fell to $1.36 million, one of the lowest points anyone remembers, down …
https://twitter.com/leadlagreport/status/1902876318506619021
🚨Toronto's New Condo Market Collapses Sales down 84%, future supply at risk as builders face soaring costs. This looks bleak….. So let's get at! THREAD🧵 pic.twitter.com/S4i9PC2z3v — Shazi (@ShaziGoalie) November 22, 2024 2/ 🏢 Condo prices drop: Down 1.6% year-over-year …
#DEC With its resources the US will be OK. But I doubt Europe will be able to dodge this bullet again. Full blown depression there by end February 2025. — Wizard of Windsor (@WizardofWindsor) November 20, 2024 Lumber prices are …
Retail sales were flat on a year-over-year, not seasonally adjusted basis. But sure, keep telling yourself that they were strong. https://t.co/Bk32ws1gam pic.twitter.com/599ZHgCNRB — Neely (@NeelyTamminga) October 17, 2024
China Foreign Direct Investment YoYhttps://t.co/jAYLGSEkwc pic.twitter.com/UXKAFOdtlD — TRADING ECONOMICS (@tEconomics) September 14, 2024
The second graph shows the seasonal pattern for active single-family inventory since 2015. The red line is for 2024. The black line is for 2019. Inventory was up 39.4% compared to the same week in 2023 (last week it was …
The Chinese housing market has been experiencing significant challenges, with this decline being a notable indicator of the ongoing issues. BREAKING: Chinese Housing Market Chinese Existing Home Prices declined by 7.9% year-over-year last month, the largest decline in history! pic.twitter.com/IHHSIFNHmF …
IS THE US LABOR MARKET STRONG? Nothing could be further from the truth Number of unemployed Americans for 27 weeks & over SKYROCKETED by 36% year-over-year in June This is 6th straight month of increased Every time it jumped so …
The latest data on housing starts reveals a 4.28% year-over-year decline, marking a significant shift in trend and raising questions about the state of the housing market. Housing starts, a key economic indicator, reflect the initiation of construction on new …
via naturalnews: In the annual poverty report released by the U.S. Census Bureau, the country’s child poverty rate has more than doubled year-over-year, surging from 5.2 percent in 2021 to a distressing 12.4 percent in 2022. According to the Supplemental Poverty …
by Dismal-Jellyfish https://www.bea.gov/news/2023/personal-income-and-outlays-june-2023 Wut mean?: In June, people earned $69.5 billion more, which is a 0.3% monthly rise–more money earned more money to spend, adding to inflation… Prices of things people bought (PCE price index) went up slightly by 0.2%. Even …
by BoatSurfer600 The housing data we’re seeing today – sales that closed in May – are still coming out of spring selling season when prices and sales always rise. This seasonal uptick happened even during Housing Bust 1. The median …
“We need to keep raising rates until something breaks and inflation eases” <Something breaks> “Wait wait no, not that thing.” It’s very important that inflation is brought into check by poor people losing their jobs. Not rich people losing their deposits. NEW …
