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Consumers around the world are about to get socked with even higher prices on everyday items t.co/gXd2dLMCem via @tmulier pic.twitter.com/o9xBFYH1Fn — Stuart Wallace (@StuartLWallace) October 22, 2021 US has dipped
President Joe Biden and his Departments of Commerce, Labor, and Transportation have failed to solve a supply chain crisis causing the backup of supplies at U.S. ports and cross country
by confoundedinterest17 I have a new term for consumers that get beaten-up by The Fed’s massive distortion of markets. I call this being “Powell’d”. The latest example of consumers getting Powell’d
by confoundedinterest17 Federal Reserve Chair Jerome Powell calls inflation ‘frustrating.” Only a multi-millionaire like Powell would call it frustrating. Most US consumers would call it “devastating.” Look at home prices, natural
With the economy slowing down faster than expected the Fed can't taper.But if inflation keeps running hotter than expected then the Fed has no choice but to taper. Welcome to
The consumer is maxed out. They need more stimulus in order to continue this economy. And of course, stocks need their artificial boost as well. The U.S. consumer is maxed
by UPFINA Next Thursday we will get the March retail sales report. A good reading is largely priced in based on the amazing alternative data we have witnessed. Merrill Lynch expects
By Irina Slav Job losses, a chronic pipeline capacity shortage, a “bill for spills”, and a carbon tax – these are just some of the problems that the Canadian energy industry
When Telsa was going bankrupt he started false promises in the area of self driving cars scamming billions from consumers and investors. They are also risking lives by promising their
By Haley Zaremba Oil producers around the world are sticking to their guns and keeping oil production capped even as oil prices continue to rise. Historically, the highly cyclical and
Debt collecting is an age-old business but it may soon receive a 21st-century revamp when the Consumer Financial Protection Bureau, an agency created in the wake of the financial crisis
by David Morgan from The Morgan Report U.S. Consumers Are Tapped Out – www.themorganreport.com. Look around you… U.S. Consumers Are Tapped Out. Watch our weekly perspective to see why U.S. Consumers Are Tapped Out.
Market Keeps Rallying on Regurgitated News – The Dow Jones started off the final day of the week with a pretty strong rally; we were up a little better than
Reason TV, Released on 2/26/19 The U.S. sugar program is “Stalin-style price controls,” Ross Marchand of the Taxpayers Protection Alliance tells John Stossel.
by confoundedinterest It seem s that banks willingness to lend to consumers hass fallen. Perhaps it should be an index of “Willing.” Bank willingness to lend to consumers, a prime driver of
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Welcome to the Big Club of Saturation & Decline. For the month of December, light new-vehicle sales in China plunged 13%, compared to a year ago,
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Consumer debt – or euphemistically, consumer “credit” – jumped 4.9% in the third quarter compared to the third quarter last year, or by $182 billion, to
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter We knew “free money would inevitably end. Affordability would become an issue – particularly around new vehicles.” It has been a tad rough in the stock
