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Yields collapsing… Time to buy a house? At record lows, mortgage rates are still more than double 30-year yields. This ratio has never been higher. Last spike was during the … Read more
More than 1 in 3 Americans — or 91 million people — say they’re afraid they’ll max out their credit card when making a large purchase. Still, most Americans continue … Read more
Consumers that added $1.3 trillion to their savings last year are not the ones who owe $1 trillion on their credit cards. By Wolf Richter for WOLF STREET. This phrase, “consumers in aggregate,” is … Read more
Via SchiffGold.com, Are consumers getting close to the end of their road of debt? There are some indications that they might be and that’s not good news for an economy … Read more
As yet another streaming service enters the heavily saturated space, one Wall Street analyst says consumers might be starting to feel streaming fatigue. “I think you are starting to see … Read more
“Challenging environment with weakened consumer demand”: This nosedive in a vast industry, affecting consumers and manufacturing, is happening even as GDP officially booms at 6%? By Wolf Richter for WOLF STREET. China’s market … Read more
by Mac Slavo of SHTFplan The rampant consumerism in our society is what many say is driving the economy right now. But according to data points, many consumers are running out of available … Read more
by moneymetals Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear a truly fascinating interview with Keith … Read more
by Patrick Hill Consumers are viewed by many economic analysts as the last hope to keep the economy humming as the manufacturing sector seems to be in a recession. To … Read more
By Irina Slav New York Governor Andrew Cuomo has threatened National Grid to revoke its license in two weeks if the company fails to convince the state authorities it was … Read more
by Jason Burack via Wall St For Main St Some Democrat politicians went after Payday Loan companies but many of the same loan shark practices (charging triple digit interest rates) have moved online. … Read more
A $45,000 LOAN FOR A $27,000 RIDE: More Borrowers Are Going Underwater on Car Loans. John Schricker took out a loan to buy a car in 2017. Then he took … Read more
by UPFINA Healthcare is the biggest sector in the S&P 500, so it drives the market’s performance to a certain extent. It could be affected by the 2020 election as all … Read more
Here's the full story. t.co/d7WhABT6OM — Ed van der Walt (@EdVanDerWalt) October 24, 2019 $AMZN P L U N G E pic.twitter.com/OjnpyZcLyA — Alastair Williamson (@StockBoardAsset) October 24, 2019 $AMZN … Read more
by Lance Roberts There is a disparity happening in the country. No, it isn’t political partisanship, but rather “economic confidence.” The latest release of the University of Michigan’s consumer sentiment survey rose to … Read more
MUMBAI/BEIJING (BLOOMBERG) – Down the street from Mumbai’s grand colonial-era Royal Opera House, Deepak Gurnaney sits in his small electronics shop in front of rows of flat screen TVs flashing … Read more