via MSN: The numbers: A survey of consumer confidence slipped in May to a six-month low of 102.3. Americans remained gloomy about the economy and said jobs were getting harder to find. The closely followed index dipped 1.4 points from a …
Walmart's biggest drop in history was a year ago this week when they warned the consumer is imploding. That warning was ignored. Earnings tomorrow can end this charade. pic.twitter.com/PvdKMpCpIT — Mac10 (@SuburbanDrone) May 17, 2023
Only 50%+ over forecast! The consumer is rocking it! https://t.co/FGVuHQyQpN — John Tuld (@BradHuston) May 5, 2023 This is the first time M2 Money Supply has ever touched the lower Bollinger band. In 1992 we weren't even close. We're currently …
Past 10 days have been wild: — Capital One shut off all dealer floorplans (aka inventory lines of credit) — USA Auto Sales shut down 39 dealerships after losing its Ally floor plan — Wells fargo laid-off all its junior …
Now combined with Siri, Alexa, and Google’s AI programs – a majority of humanity may longer have to think. Will a majority of humans be rendered useless? AC
by Dismal-Jellyfish Source: https://www.bls.gov/news.release/cpi.nr0.htm Good afternoon, as the title of the post states, approximately 2/3 of consumer spending goes into services and as we will see below, inflation is still running rampant! Things like housing, healthcare, insurance, education, streaming services (for example …
by confoundedinterest17 As we are painfully aware, inflation is still high at 7.1% Year-over-year (YoY). To cope with inflation, consumers have been gutting their savings and increasing their use of credit. In November, consumer credit increased 7.9% YoY while personal savings fell -64.8% …
The Environmental Protection Agency (EPA) finalized a rule Tuesday that will impose stricter nitrogen dioxide emissions standards on new heavy-duty trucks, a move that will substantially hike operating costs for truckers, experts and industry representatives told the Daily Caller News …
h/t silvertomars
Japan’s core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign price hikes were broadening and could keep the central bank under pressure to whittle down massive stimulus. …
PPI falls for a second month Nov PPI -1.3% y/y vs -1.3% y/y in October Nov CPI +1.6% y/y vs +2.1% y/y in October BEIJING, Dec 9 (Reuters) – China’s factory-gate prices showed an annual fall for a second month …
by Infamous_Sympathy_91 That’s literally how hitler become a thing.
by Sundance “Crowds? I see nothing. I’m surprised,” retail worker Jeremy Pritchett told FOX 2. “Normally, it’s wrapped all the way around the building. Today: no one.” That’s the typical ground report from areas all over the country. No one, literally almost …
by confoundedinterest17 US consumers are feeling that inflation is hot, hot, hot! There is another Fed Open Market Committee (FOMC) meeting on December 14th and everyone is interested in what The Fed will do. Or how much will The Fed …
by confoundedinterest17 How bad is inflation under Biden? Consumer credit outstanding soared by 8.1% YoY in August as the inflation rate soared to 8.2%. Meanwhile, the personal savings rate YoY cratered to -59.3%. Of course, Biden is his tone-deaf manner …
by confoundedinterest17 The Fed’s Limbo Rock! How low can consumer sentiment for housing go? The University of Michigan’s consumer sentiment index for housing for October just fell to its lowest level since 1992 as The Fed counterattacks against Bidenflation, causing mortgage interest …
by Dave Kranzler of Investment Research Dynamics The following analysis was featured in the September 25th issue of the Short Seller’s Journal. You can learn more about this newsletter here: Short Sellers Journal information. A survey was done by CreditCards.com in which 60% of …
CFPB Director Rohit Chopra says “buy now, pay later” lenders must be monitored like regular credit card companies. The consumer watchdog, which doesn’t currently regulate the industry, plans to issue guidance to oversee the lenders and subject them to supervisory …
https://twitter.com/WallStreetSilv/status/1565052919296454656 The pace at which inflation increases in UK is worsening Goldman Sachs is now forecasting 22.4% by next year The Bank of England has completely lost the control of inflation as the country is a net importer for all …
A rescission is when your neighbor loses his job, a depression is when you lose your job.
In addition pic.twitter.com/l8kETY9C9y — edbcw (@grains75) August 16, 2022 Guess who's exporting deflation again. pic.twitter.com/DZWUxvSTBi — Jeff Weniger (@JeffWeniger) August 15, 2022 Oil prices plummeted to the lowest level in months on Monday morning after worse-than-expected data from China showed …
🚨BREAKING🚨 CPI comes out at 8.5%, estimated 8.7% — unusual_whales (@unusual_whales) August 10, 2022 When the stock market rises 2% after inflation comes in at 8.5%, you know the system is broken. We are truly trading in a historic time …
by confoundedinterest17 “A recession is two quarters in a row of negative growth.” — President Clinton, Dec. 19, 2000 My former colleague at Deutsche Bank, Joe Carson, said recently that the US economy is not in a recession, but corporate profits are …
by Chris Black What can I say? Good luck with that. U.S. consumer watchdog to scrutinize crypto payments, Big Tech moves into finance -director https://t.co/ZeWr3ZBXrC pic.twitter.com/UWdzEM4LPJ — Reuters (@Reuters) July 27, 2022
US home prices are on the cusp of a major correction due to “cratering” demand among cash-strapped buyers, a prominent economist warned in a note to clients on Tuesday. Ian Shepherdson, a chief economist at Pantheon Macroeconomics, noted that single-family …
McDonald’s Corp. is one of the first major restaurant chains to report this earnings season and offered a grim warning about inflation and consumers. Same-store sales increased 9.7% in the second quarter versus a year ago. Wall Street analysts were …
by confoundedinterest17 When Joe Biden was sworn-in as President, the US inflation rate was only 1.4% and his approval rating was 55.8%. Fast forward to today and we have 9.1% inflation and a Biden approval of 37.4%. Although gasoline prices have …
Fair to say that consumer confidence in China has completely collapsed…….. pic.twitter.com/suVOKmItFO — Otavio (Tavi) Costa (@TaviCosta) July 25, 2022 🇨🇳 #China | The sharp decline of Consumer Confidence (the year of Xi reelection) also explains why officials will react …
Eurozone Consumer Confidence hits an All Time Low, data going back to Jan 1983. All time remains a long time. pic.twitter.com/T3Xpe08xEA — Hedgeye (@Hedgeye) July 21, 2022