Small Business Jobs Engine Stalling – h/t @DiMartinoBooth – small businesses are reluctant to hire due to poor sales, inflation, they do 60% of all hiring in the economy. @michaellebowitz @JackPScott @HarrisSamaras @GregDaco @dlacalle_IA #Economia #smallbusiness #economy pic.twitter.com/36OlhYFi52
— Patrick Hill (@PatrickHill1677) April 16, 2021
Southern California housing looks and feels EXACTLY like 2007-08 right now. Should end well.
ht @VlanciPictures @DiMartinoBooth @tyillc @MortgageReport https://t.co/hdecbdQjh0
— David Phineas Taylor Barnum (@dapstats) April 21, 2021
Funding for CCCs “is still wide open, (but investors) struggling w/cap structures levered 14x on a go-forward basis while being paid 650bps to do so, an all-time low. At some point the reach for yield reaches its limit & we think it’s here”https://t.co/0RW5gWvIN5
ht @pboockvar
— Danielle DiMartino Booth (@DiMartinoBooth) April 21, 2021
As of April 2021, the M1 supply has gone from $4.5T to $18.1, a rise of 450%.
Such data represents a pretty bad report card for the Fed’s failed monetary experiment of unlimited #QE.
The Fed’s solution to the problem? Hide it. pic.twitter.com/m3fAjV1Ci4
— Egon von Greyerz (@GoldSwitzerland) April 20, 2021
Consequences? Here you got the consequences. It means defaults won't come from debt defaults, but from lack of ability to sell anything due to lack of staff or the need to pay 300% more forcing demand for some goods to drop same as revenues. https://t.co/4ZK0cSGYcE pic.twitter.com/KSgIQzYPOU
— GregTheAnalyst (@Analyst_G) April 21, 2021