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by cbus20122 See FRED Revolving Credit Data Here As some probably know by now, I’ve been following along closely to a lot of consumer credit data in the USA and … Read more
via UPFINA: The economy is seeing a modest pickup in inflation even as GDP growth slowed to 2.3% in Q1 of 2018. That puts the Fed in a difficult position … Read more
by: David Williams (Natural News) Consumer DNA testing became a mainstream thing a few years ago, and many people have done it ever since. Essentially, it lets people conduct do-it-yourself … Read more
Credit Card debt of Americans has hit a fresh high of $1,030.9bn Even higher than before Great Financial Crisis in 2008 Good morning from the US where the outstanding Credit … Read more
via Steven Hansen Summary There are contrary indicators for growth of consumer credit. Current levels of consumer debt are at historical highs, whilst consumer debt payments are historically low (but are … Read more
via Jill Mislinski The University of Michigan Preliminary Consumer Sentiment for April came in at 97.8, down 3.6 from the March Final reading of 101.4. Investing.com had forecast 100.6. Surveys of Consumers chief … Read more
by WARREN MOSLER Highlights In mixed results, March payroll growth of 103,000 is well below expectations but wage indications from average hourly earnings do show a little pressure as was expected, up 0.3 … Read more
by WARREN MOSLER Everything pretty much as expected, more comments via the charts: Highlights Inflation data are inching higher while softness in spending is offset by strength in wages. The core … Read more
Markets are pricing for Goldilocks but closer to Frankenstein, says economist from CNBC. Steen Jakobsen, the often-bearish chief economist at Danish investment house Saxo Bank, cited several factors including growing … Read more
Consumer Confidence Hits Fresh 14-Year High… U.S. consumers’ confidence hit a fresh 14-year high this month, as lower-income households reported feeling more optimistic about the economy. The University of Michigan … Read more
#LEVERAGE LOOP (Concept adopted from work of Matt Mish of UBS) @StockBoardAsset For a US economy that has a razor-thin cushion of saving, dependence on rising asset prices has never … Read more
by WARREN MOSLER Highlights Today’s factory orders report, down 1.4 percent at the headline level but showing life underneath, closes the book on what was a mixed to soft month of … Read more
by WARREN MOSLER More signs of a slowdown as exports fall, which means less gdp, and consumer imports down, meaning personal spending was lower than expected, as discussed might be the … Read more
The ruling class made things cheaper that would pacify the increasingly impoverished US middle class, while gouging the price of everything important. As you can clearly see from this graph … Read more
Consumer prices rose much more than expected, while retail sales fell when they were expected to rise. Consumers are buying less, but paying more. It's stagflation all the way. This … Read more
by WARREN MOSLER It’s been decelerating all year with a year end move up that’s likely to be reversed as personal income growth continues to be very low: Highlights Consumer borrowing … Read more