Consumers are resorting to credit to fill the gap between the cost of living and incomes. Economic growth will slow sharply. We are likely not far from something “breaking” in the market.

Not surprisingly, as #Government #checks ran out and #inflation went up, #consumers are resorting to #credit to fill the gap between the cost of living and #incomes.#Economic growth will slow sharply this year. pic.twitter.com/5fGYaYkw3d — Lance Roberts (@LanceRoberts) April 8, …

READ MORE

Zoltan! US Dollar Purchasing Power For Consumers Sinking Faster Than The Titanic As Zoltan Pozsar Suggests Bretton Woods III With Money Backed By Commodities

by confoundedinterest17 Zoltan! (Forbes) – Credit Suisse’s Zoltan Pozsar argues Bretton Woods II crumbled when the G7 countries seized Russia’s foreign exchange reserves. Keeping money inside financial institutions like the IMF was considered risk free. That is clearly no longer the case. Similarly, …

READ MORE

BLOOMBERG Opinion: “American consumers are starting to hit their breaking point”

View post on imgur.com Signs are mounting that the resilience of American consumers is rapidly waning, potentially undermining one of the few remaining pillars supporting the bull market in equities https://t.co/9djBA004gg — Bloomberg Opinion (@opinion) March 28, 2022 https://twitter.com/i/events/1508587397012877313 Shock …

READ MORE

Businesses pushing on a string when trying to pass on higher prices to US consumers. 80% of Americans say the rising cost of food and other everyday items is a major problem

#recession … #Global $USD #Liquidity #Squeeze edition Businesses pushing on a string when trying to pass on higher prices to US consumers. https://t.co/NKGb7cn4Ql — Invariant Perspective (@InvariantPersp1) December 15, 2021 https://twitter.com/Breaking911/status/1471173160582144010 Do producer prices lead consumer prices? The supply chain …

READ MORE

GET WOKE…: Liquor Company Asks Consumers Not to Buy Its ‘Rittenhouse Rye’ Brand To Celebrate Kyle Rittenhouse Verdict.

via dailywire: Many social media users didn’t appreciate the sentiments of the Kentucky-based company, which describes itself as the “largest independent, family-owned and operated producer and marketer of spirits” in the U.S. Radio show host Jesse Kelly said of the post, “Rule #1: …

READ MORE

Tuff Enough? Can US Consumers Stand Biden’s Energy Policies? (West Texas Crude UP 58%, Regular Gasoline UP 43%, Heating Oil UP 54% Since Biden Inauguration)

by confoundedinterest17 President Biden wants to know if you are Tuff Enough to stand rapidly rising energy prices as he shuts down American supply? Since Biden’s inauguration, West Texas Intermediate crude prices have soared by 58%, regular gasoline prices have soared by …

READ MORE

Consumers max out credit cards while inflation hurts savers! Welcome to the Fed’s stagflation trap of its own making.

https://twitter.com/NorthmanTrader/status/1433773069231923205 Services Surveys Scream Stagflation In August As Wages Spike https://t.co/4TmNPaTOYN — zerohedge (@zerohedge) September 3, 2021 Headline #Inflation in the US and Eurozone! pic.twitter.com/0zlw0I991S — jeroen blokland (@jsblokland) August 31, 2021 The U.S. consumer is maxed out. They need …

READ MORE

Elon Musk scamming consumers and investors

https://www.youtube.com/watch?v=EWOtzTnEAkk 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 self driving tech works when it doesn’t.   h/t  …

READ MORE

David Morgan: US Consumers Are Tapped-Out

by David Morgan from The Morgan Report U.S. Consumers Are Tapped Out – https://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. The Great Depression fundamentally changed attitudes about spending and saving. …

READ MORE