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by WARREN MOSLER Larger than expected: Highlights In some of the early data coming out in this period of trade disputes, the goods deficit of the July trade report totaled … Read more
by SpontaneousDisorder Source: www.bloomberg.com/news/articles/2018-08-28/u-s-consumer-confidence-rises-to-highest-in-almost-18-years Consumer confidence tends to top with everything else, because the rise and fall of the markets/economy is based on confidence. Its extremely high right now. ZH has a … Read more
Consumer Sentiment at major resistance pic.twitter.com/3J9unWgsaH — Alastair Williamson (@StockBoardAsset) August 26, 2018 That explains everything late cycle blues: auto industry stalls out pic.twitter.com/Arza7RTy47 — Alastair Williamson (@StockBoardAsset) August 26, … Read more
by WARREN MOSLER More Q2 weakness: Highlights Consumers credit came in below expectations, up $10.2 B in June as consumers held back from adding to their credit-card debt and even … Read more
via WallStreetOnParade : Total U.S. Household Debt and its Composition as of First Quarter 2018 (Source: NY Fed) By Pam Martens and Russ Martens: August 6, 2018 ~ Approximately two-thirds … Read more
Bad habits die hard. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. So it is that banks in Spain are once again beginning to significantly relax their lending standards. … Read more
"Short-term US Treasury Yields enter the week at their highest levels in 10 years…," h/t @charliebilello pic.twitter.com/MpokXx4xzU — Alastair Williamson (@StockBoardAsset) July 30, 2018 "Eurozone slowdown starts to appear in … Read more
by ForwardInstance Has someone done good research around P2P/Consumer lending companies in China. I have done some preliminary research and below are my observations – Observations – P2P lending market is … Read more
Ever wonder why we’re extreme debtors? #studentloans #autoloans #creditcards The dollar went from #money (#gold) to #currency (debt) in 1971. Look what happened afterwards. #FixTheMoneyFixTheMisery h/t @OccupyWisdom
That is quite a move in the Insider ratio maybe 3x top in Russell 2000 Consumer Sentiment versus 2s10s This Week in Earnings: Q2 earnings are expected to increase 22.0% … Read more
via businesscycle: Stealth Slowdown Unfolding Wall Street is too optimistic on the economy, veteran forecaster warns from CNBC. As the chart shows, real personal income and consumer spending growth are both in cyclical downturns. … Read more
by Eric Dubin and Dave Kranzler via Investment Research Dynamics Every month Government, corporate and household debt hits a new all-time high. The entire financial system is heading down an unsustainable path of debt issuance. … Read more
Total Consumer Credit Owned and Securitized, Outstanding University of Michigan consumer confidence index at 97.1 in July shows a modest slowdown, but still highly positive. Most interesting is the drop … Read more
$DJIA has been lurking just under 200MA for the past 7 trading days. That MA had previously acted as support. If DJIA starts downward from here, that means lurking is … Read more
by whenitsTimeyoullknow There’s a lot to unpack here. First: check out this news reported by the Washington Post, and understand that it’s presented through the lens of their owner (Amazon, who has … Read more
by stockboardasset While President Trump pedals the notion that the economy is the “greatest economy in HISTORY,” WalletHub noticed a considerable amount of Americans repaid $40.3 billion in credit card debt … Read more