In the past year, the Chinese yuan has depreciated by 15% and the PPI has decreased by 4.2%.Rent in China has decreased by 55% from its peak, , and industrial product prices have decreased by 30%. Cathie wood: China is finished. August 21, 2023 3:44 pm
American workers demand nearly $80,000 a year for new jobs, reaching a record high this year. August 21, 2023 2:55 pm
Inflation Alert! In July, the purchasing power of $100 in January 2000 dropped to $55.20 (-$.20 from June). Recall, CPI tracks the loss of purchasing power of your dollars & thereby the purchasing power of your hard earned labor. Folks are 2.1% worse off in terms of real value over the past year! August 14, 2023 8:43 am
The average Manhattan rent just hit a new record of $5,588 a month – up 9% over last year. August 10, 2023 9:02 pm
Gas prices have risen once more, affecting customers; Consumer price index (CPI) inflation is likely to begin RISING, after falling for a year. Base effect of 2022 oil prices August 9, 2023 8:09 pm
The typical U.S homebuyer is feeling the pinch with a 20% surge in monthly payment from last year; Median house payment is up 79% since 2020. August 4, 2023 8:28 pm
Bidenomics! Ford Will Lose $4.5 Billion On EVs This Year, Up From $2.1 Billion Last Year (Ford DOWN -48% Since January 2022, GM DOWN -40% As Fed Withdraws Stimulus) August 3, 2023 8:21 pm
Bidenomics! Mortgage Demand Decreases 3.0% From One Week Earlier, But Purchase Demand Down 26% From Last Year, Down -45% Under Biden While Mortgage Rates Are UP 134% (US Interest Expenses Surged By 50% In Past Year To Nearly $1 Trillion On Annualized Basis) August 2, 2023 9:36 am
Hungarian Foreign Minister Says EU Expects To Fund War In Ukraine For Another Four Years …at a cost of €5 billion a year. August 1, 2023 6:23 pm
Treasury Alert! $1.859 trillion is what Treasury expects to borrow the rest of the year. For the 3rd quarter, Treasury expects to borrow $1.007 trillion in privately-held net marketable debt. For the 4th quarter Treasury expects to borrow $852 billion in privately-held net marketable debt. July 31, 2023 9:16 pm
Ford set to lose $4.5 billion on electric vehicles this year, despite increased revenue July 31, 2023 7:59 pm
223,000 tech layoffs in 2023, 60,000 more than 2022’s total, and we are only 7 months in; Nasdaq surpasses Dow by 30% this year, the largest margin since 1971. July 31, 2023 3:26 pm
A BILLION HERE AND A BILLION THERE…: Meta’s Reality Labs has now lost more than $21 billion since the beginning of last year. July 27, 2023 9:47 pm
OUCH: Solvency Dies in Darkness: Washington Post On Pace to Lose $100 Million This Year… MARK JUDGE: The end of the Washington Post. July 26, 2023 9:16 am
US Border Patrol Undermining Texas State National Guards and Department of Public Safety on Immigrant Crossings; The Border Agents Are Making On Average $105k A Year. July 23, 2023 9:31 pmJuly 22, 2023 8:13 am
Is the Chinese Government Buying Teslas to Help Bail Musk Out After the Plunge in Tesla Shares Last Year? July 10, 2023 9:18 pm
Last year, Jen Psaki deemed Russia’s use of cluster bombs a war crime; Biden administration now sending them to Ukraine. July 8, 2023 11:06 pmJuly 7, 2023 8:03 pm
Nick Gerli: Rents in hard-hit cities like Austin, Las Vegas, and Phoenix are down 6% in the last year, with taxes, insurance, and interest costs rising. This could lead to forced selling in H2 2023. July 6, 2023 3:37 pmJuly 4, 2023 10:28 pm
Bidenomics? US Purchase Mortgage Demand Falls -8% From Previous Week (DOWN -21% From Last Year, DOWN -45.3% Under Biden, Refi Demand DOWN -91%, Mortgage Rate UP 128%) June 28, 2023 10:02 am
Following Jackson Hole last year and bank failures in February, the Fed hooked bulls for the third time in a year. June 26, 2023 10:43 pmJune 26, 2023 9:55 am
By 2030 You Will Not Eat Meat and Will Only Be Allowed to Buy 3 Clothing Items a Year, Report Says June 23, 2023 8:40 am
I guess they can’t suppress the VIX forever. Haven’t seen a move in VIX like this since August of last year. June 21, 2023 9:19 am
The Number Of Americans Living On The Streets “Has Broadly Risen This Year” June 20, 2023 9:21 pmJune 19, 2023 10:09 pm
‘We are in a recession based on the definition they used last year.’ June 16, 2023 7:49 pmJune 16, 2023 9:10 am
TEXAS: State passes new law that will require electric car owners to pay $200 every year. June 13, 2023 9:54 am
Dr Jordan Peterson reveals the c40 plans. Which cities signed to be 15 min, forced 2500 calorie diets, fly once every 3 year, not own vehicles June 11, 2023 10:39 pm
Bidenville Mortgage Depot! US Mortgage Purchase Demand Down -27% Since Last Year, Refi Demand Down -42% (Bidenflation, Stalling Economy = Bad News For Mortgage Market) June 7, 2023 3:54 pm