by confoundedinterest17 Between Biden’s push to tax those borrowers with good credit and reward those with bad credit and Rocket Mortgage annoucing 1% down payments in a declining home price economy, Biden’s housing market is looking more like a house …
by Quant2011 Yes,i know its about DEMAND. Ooops, something most PM preppers dont recognize as having influence on prices. Check it out , just for sheer fun: only China and Germany had sharp rise in gold demand. Rest of the …
New York City’s new migrant “welcome center” at the former four-star Roosevelt Hotel in Midtown Manhattan was already slammed Monday with fresh arrivals. Migrants were hauled in on buses. “I want to stay here, but they are making us wait on the bus, …
by BoatSurfer600 Source: Sagar Singh
by confoundedinterest17 This is truly the new version of “Girls Gone Wild!” except this time it is elderly politicians in Washington DC acting like demented children. Biden will not budge on spending cuts with the debt limit soooo close to the …
by confoundedinterest17 Biden’s economy and mortgage market are like a bad wine hangover. Thanks to inflation and The Fed’s tightening to fight inflation, mortgage purchase demand is down a staggering -42.4% since April 2021. Mortgage applications decreased 5.7 percent from one …
Otavio (Tavi) Costa: This is perhaps one of the strongest cases for the long-term demand for commodities in the following years. For the past two decades, US industrial production has remained stagnant, despite experiencing exponential growth for the preceding 80 …
by confoundedinterest17 Inflatiion Joe Biden (or Unaffordable Joe). Bidenflation has led to The Federal Reserve tightening interest rates. As I said on Stuart Varney’s show years ago, “When The Fed starts raising rates, KABOOM!” Now we are seeing US Loan …
Source : https://www.visualcapitalist.com/charted-30-years-of-central-bank-gold-demand/ h/t BoatSurfer600
by confoundedinterest17 Resident Biden has been an unmitigated disaster for the US middle class, but fantastic for BIG corporate America and the donor class. Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers …
by confoundedinterest17 This is last data dump for mortgage demand (applications) before Biden’s idiotic woke mortgage policies go into effect (taxing those with good credit to subsidize those with lousy credit) take effect. I call this Bolshevik Biden’s Mortgage Market. …
by EuphoricTrilby It’s disastrous on purpose. High school history taught us that financial crisis always leads to more govt power. Panic of 1907 gave us the Fed and IRS. Great Depression gave us the New Deal. 2008 gave us …
by confoundedinterest17 Wasting away again in Bidenville. Nibblin’ on ice cream. Watching the economy boil. Particularly mortgage demand. Mortgage applications increased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for …
by confoundedinterest17 It’s only mid April and mortgage demand should be approaching it’s yearly high. But under Biden and The Fed, mortgage demand seems to have peaked earlier than normal. It’s already late in mortgage cycle. Mortgage applications decreased 8.8 percent from …
Much of the pullback in diesel demand can be tied to trucking, which consumes about 60% of diesel in China and more than 70% in the US. The number of trucks running on Chinese highways fell 8% in the week …
by confoundedinterest17 Is the US economy out of gas? Or are we under The Fed’s massive thumb? US Producer Price Index (PPI) final demand YoY fell to 2.7% in March as The Fed withdraws its massive monetary stimulus. Final demand MoM fell …
Credit 💳 Card Delinquency pic.twitter.com/HZkNQCMpXt — Win Smart, CFA (@WinfieldSmart) April 6, 2023 Demand downturn is now the dominant reason for US layoffs. Source: @LPL pic.twitter.com/sGMVl6lfiv — (((The Daily Shot))) (@SoberLook) April 7, 2023 JPMORGAN CEO DIMON: PEOPLE SHOULD BE …
In a letter to Attorney General Merrick Garland, Rep. Lance Gooden, R-Texas, and Rep. Andy Ogles, R-Tenn. said that the Department of Justice needs to open a hate crime investigation into the shooting at The Covenant School. The pair of …
As the banking crisis spreads and global demand for dollars surges, central banks are rapidly reducing their holdings of U.S. debt to “cash out” and the use of the Federal Reserve’s overseas liquidity tools has surged. Federal Reserve data …
Authored by Allan Stein via The Epoch Times (emphasis ours), Coin Heaven co-owner Gabe Wright saw precious metals demand rise to new heights during the pandemic, but nothing as spectacular as Silicon Valley Bank’s (SVB) collapse. “It’s getting real,” Wright said, …
WASHINGTON—The Federal Trade Commission has demanded Twitter Inc. turn over internal communications related to owner Elon Musk, as well as detailed information about layoffs—citing concerns that staff reductions could compromise the company’s ability to protect users, documents viewed by the Wall Street Journal show. In 12 …
by confoundedinterest17 Today’s mortgage application (demand) numbers from the Mortgage Bankers Association was disappointing to say the least. Mortgage purchase demand just sank to it lowest level since 1995. Typically, mortgage purchase applications peak in May or June of each year …
by Chris Black The French are really good at protesting. But it doesn’t matter, because France is a democracy, just like Italy, so the government can do whatever they want, completely disregarding public opinion. In a democracy, they will send …
Project Veritas Board Gets Cease & Desist Letter From Top Donorshttps://t.co/q23crQLNcd — Collin Rugg (@CollinRugg) February 10, 2023
Another sign of the times? I think the next two years are going to be very interesting! Demand and output for cardboard boxes and other packaging material fell sharply in the fourth quarter of 2022, according to data released by …
Central bank #gold demand totalled 1,136t in 2022. Not only was this the thirteenth consecutive year of net purchases, but also the second highest level of annual demand on record back to 1950, boosted by +400t demand in both Q3 …
Years ago, you would have to visit a far left college campus to hear people talking about needing a safe space, but these snowflakes have grown up and now they’re in the workforce. Google employees who survived the company’s recent …
https://www.cnbc.com/2023/01/23/google-ceo-defends-layoff-process-in-heated-town-hall-monday.html Pichai said he consulted with the founders and controlling shareholders, Sergey Brin and Larry Page, as well as the board of directors. Pichai said 2021 marked “one of the strongest years we’ve ever had in the history of the …
WASHINGTON — The Republican-controlled House has planted the seeds for a debt-ceiling showdown, with Speaker Kevin McCarthy endorsing a push by his hard-liners to demand spending cuts as part of any extension of the country’s borrowing authority. The political divide …
(Kitco News) – 2022 was a tale of two mints, with the U.S. Mint seeing disappointing gold and silver bullion demand for the year; meanwhile, it was the best of times for the Perth Mint as it saw record sales for its silver and gold bullion …