How do you sell more new vehicles when they last longer every year? You don’t! Over two decades of stagnation in vehicle sales interrupted by plunges. By Wolf Richter for WOLF STREET. The average age of all cars and light trucks on the …
Rebel Capitalist, Released on 6/8/21 George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. …
Republican-led states and Vermont reported the lowest unemployment rates in April, according to a new report by the U.S. Commerce Department. States led by Democratic governors recorded the highest jobless rates, according to the report. Unemployment rates were lower in …
https://www.movoto.com/compton-ca/market-trends/ Average home prices in Compton California are between $300,000 and $450,000! How is this possible? The demographic has changed now to 2/3 Hispanic and nearly 1/3 black, with white being 1% Watts is not that much cheaper! This is …
by Michael Snyder Do any of you remember when you could buy an entire house for $35,000? There was a time in America when middle class Americans could buy a house and have it paid off in just a few …
The Nasdaq is extremely oversold, hence today's bounce. However, Bitcoin is breaking the 50 day for the first time in six months. The biggest crashes take place when the average stock is already on the ropes and the market is …
President Joe Biden just signed the $1,9 trillion spending bill after different versions passed both houses of CONgress.
by Michael Snyder The bombings in Sri Lanka have once again put a spotlight on the rising tide of violence against Christians all over the world. According to Open Doors USA, an average of 105 churches and/or Christian buildings are burned or attacked …
by Themaskedotaku Data was obtained from each states wikipedia page for each presidential election from 2000-2016. Consolidated data can be found here. Map was created using https://mapchart.net/.
Homes are actually a bit more affordable today than a year ago, and experts are watching to see if that will continue in 2019 Still, in more than 70 percent of the country, home prices are more than the …
via upfina: The biggest story on Friday was that the spread between the 10 year yield and the 3 month yield went negative which means the yield curve inverted. The 10 year yield fell 10 basis points to 2.44% which was …
Heading into the end of the first quarter, 105 S&P 500 companies have issued EPS guidance for the quarter. Of these 105 companies, 77 have issued negative EPS guidance and 28 companies have issued positive EPS guidance. The number of …
by Lance Roberts Just recently Anna-Louise Jackson published an interesting article asking if “The Financial Crisis” still haunted your investing. To wit: “This month marks the 10-year anniversary of the current bull market’s beginnings. Yet, many Americans remain reluctant to invest in the stock …
Shiller: Greater Than Average Chance of Recession in the Next 18 Months Nobel Prize winner Robert Shiller: Greater than average chance of recession in next 18 months from CNBC. Nobel Prize economist Robert Shiller says that the long expansion in …
By John Mauldin How much money do you need to retire? Answering this question is one reason a good financial advisor is worth every penny you pay them. But let’s talk about some generalities. Say you want to stop working …
from Zero Hedge Two weeks ago, the NY Fed made waves in the finance community when it reported that a record 7 million Americans are delinquent on their auto loans. Of course, to regular readers, none of this was new as we covered …
by Did_I_Die https://www.projectcensored.org/21-trillion-missing-us-federal-budget/ $21 Trillion Missing from US Federal Budget 21 trillion / 52500 = 400,000,000 400,000,000 seconds = 12.68 Years the average American’s annual salary $52k could be paid every second for over 12 years before adding up to $21 …
by Michael Snyder Every great civilization throughout human history has eventually collapsed, and if we want to have any hope of escaping the same fate, we need to be willing to learn some lessons from the past. Because many of …
via upfina: The December retail sales report was so terrible that it implies a recession is coming soon if the data is accurate. There’s always a chance the data is incorrect because these results are revised. This time there is a …
a person working at minimum wage of $7.50 working 40 hrs has a take home (net) pay of 1172.22 per month. A) That -247.78, that’s in the hole after paying rent. B) The average couple spends an average of $625 …
by howmuch The 2018 tax season is off to a slow start. According to the IRS, refunds are 8% lower than last year, and taxpayers appear to be taking their time filing their returns. But refunds will likely still run as high as …
by confoundedinterest MarketWatch has the tantalizing headline of “The Average Adjustable-rate Mortgage Is Nearly $700,000.” True, the average loan size for ARMs (adjustable-rate mortgages) is substantially higher than for FRMs (fixed-rate mortgages). But here is a catch. Mortgage refinancing applications are virutally …
by howmuch Lots of people make New Year’s resolutions to get their personal financial situation in order, and paying off credit card debt is usually a high priority. Credit card debt is at a $1 trillion. The combination of high borrowing …
by Kimble Charting The Value Line Geometric Index tends to give investors a good idea of the health of the overall market. It is an equal-weighted index with a broad swath of stocks that gives investors an idea of how the “average stock” is …
by Michael Snyder Can you imagine a society where there are no phones, no televisions and no computers at all? America was once such a place, but now everything has changed. Today, most Americans willingly plug themselves into “the matrix” …
Via Marketwatch Even if the economy is on a roll, many Americans aren’t feeling the benefit. Real wages effectively declined in 2018, according to figures from the PayScale Index, a formula from the Seattle-based salary comparison site. PayScale said the median …
by Kimble Charting The stock market has been in a corrective sideways move for the better part of 2018. Is it ready to decline even lower? Well if the “average stock” is any indication, then investors should be concerned. The “monthly” chart …
via americanadvisorsgroup: While the definition of the word retirement means actually leaving your job, we at American Advisors Group know that word means so much more. We have firsthand experience with retirement of all types, and understand the various ways people …
via eyeball1234: Here’s the output for Sofia, using the same assumptions from the chart. Interested to hear your thoughts. https://imgur.com/a/BDW9nbd
via upfina: The September CoreLogic Case-Shiller index wasn’t terrible, which is encouraging since many housing related indexes have shown weakness recently. The problem with this report is it’s from September. Therefore, it doesn’t quell investors’ nerves about the direction of the …