US High Yield – CDX has tightened by 180bp in 6 weeks despite dismal data. Against the collapse in homebuilder sentiment & Empire PMI it looks nuts. pic.twitter.com/2M7SEwXGLC — PPG (@PPGMacro) August 17, 2022 US mortgage payments as percentage of …
by confoundedinterest17 After breaking the 6% barrier back in June 2022, Bankrate’s 30-year mortgage rate has backed-off to 5.28% despite Federal Reserve rate hikes. The reason for the decline in the US Treasury 10-year is, amongst other things, a global …
by laflammaster Is the property bubble FINALLY about to burst? House prices are on verge of plunging by up to 20%, economist says, thanks to soaring prices that have ‘cratered demand’, rising mortgage rates and a glut of supply Broke-ass …
by confoundedinterest17 Watching the US economy under Biden is like watching that horribly painful episode of The Office entitled “Scott’s Tots” where Michael Scott promises Scranton PA third graders that he will pay for their college … and then gives them laptop batteries …
https://twitter.com/OccupytheFeds/status/1550218134644195332 https://twitter.com/OccupytheFeds/status/1550251578682114048
70% of Germans want to continue supporting Ukraine despite high energy prices, according to a poll. At the moment, however, many consumers are protected by price caps, subsidies & long-term contracts. But winter is coming and the EU needs a …
by Boo_Randy It’s official: two thirds of Britons are mentally retarded. https://www.dailymail.co.uk/news/article-10974319/More-one-three-Britons-think-cryptocurrencies-Ponzi-scheme.html More people think cryptocurrencies are a Ponzi scheme despite the backing of Hollywood stars like Matt Damon and Kim Kardashian, according to a poll. Tally Money found that in 2,000 …
House Speaker Nancy Pelosi met with Pope Francis on Wednesday and received Communion during a papal Mass in St. Peter’s Basilica, witnesses said Pelosi attended the morning Mass with her husband Paul – who is awaiting trial for a DUI …
Something remarkable is taking place in the markets: despite a near record 10 out of 11 weekly drops in the S&P500… … and a now unprecedented and record 11 of 12 weekly declines in the Dow Jones average… … retail …
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and the Biden administration would likely increase the 4.7% inflation forecast for this year in its budget proposal. During a Senate Finance …
Jason Hartman interviewed by Jason Burack of Wall St For Main St Jason Burack of Wall St for Main St interviewed returning guest, real estate expert, successful real estate investor and real estate investing educator, Jason Hartman https://www.jasonhartman.com/ For a 30-year, fixed-rate mortgage, the …
via washingtonexaminer: Gamblers are betting the farm that former President Donald Trump will enter the 2024 race and win. The betting aggregator Smarkets told Secrets that the money backing Trump is the highest yet in the 2024 race. “Donald Trump is increasingly likely …
DuckDuckGo is known for its privacy-first commitment to users on iOS, Android, browsers, and soon with its own Mac app. Now, a report puts in check the company’s privacy focus due to a search agreement with Microsoft that let the Redmond …
Reinvent Money, Released on 5/12/22 Paul Buitink talks to Jeff Snider of Alhambra Investments. Jeff explains how Russia, despite the sanctions, is still using the eurodollar system to transact internationally, for example by using off-shore banks across the world and …
The California legislature is going to miss a May 1 deadline to kill the annual summer increase in its 51-cent gas tax , Gov. Gavin Newsom’s office said. The increase goes against Newsom’s January promise to motorists that he would …
by confoundedinterest17 Today, the US Treasury 10-year yield exploded upwards by over 12 basis points. With it, the 30-year mortgage yield is above 5%. And MBA Mortgage Purchase Applications are actually increasing. Today’s bond market summary shows the 10-year Treasury yield …
by Arkadiusz Sieron of Sunshine Profits The FOMC finally raised interest rates and signaled six more hikes this year. Despite the very hawkish dot plot, gold went up in initial reaction. There has been no breakthrough in Ukraine. Russian invasion has largely stalled on …
American opposition to controversial genetically modified mosquitoes being released in their communities is not new (see 1, 2). Nevertheless, the Environmental Protection Agency (EPA) has approved the release of billions more in California and Florida. Will your state be next? https://www.activistpost.com/2022/03/despite-public-health-experts-warnings-and-opposition-epa-approves-experimental-release-of-billions-more-genetically-modified-mosquitoes.html They …
Sean Penn is still meddling in the Ukraine-Russia conflict, urging the United States to accept Poland’s proposal to send Soviet-style fighter jets to Ukraine and receive replacement aircraft from the U.S. — an offer that the Pentagon has rejected. That …
https://www.youtube.com/watch?v=8M0CRCzw_4s Steve Watson from Summit News reports, In its coverage of the ongoing Russian conflict with Ukraine this weekend, MSNBC again repeated completely debunked nonsense claims that President Trump was “installed” by some unnamed pro-Russian power structure. Read More/Source/Credit/FairUse: https://summit.news/2022/02/28/video-…
by confoundedinterest17 As The Federal Reserve threatens to tighten monetary policy, 30-year mortgage rates have risen to 4.25% leading two major mortgage companies, Rocket Mortgage and United Wholesale Mortgage, to decline to all-time lows. But wait, Federal Reserve officials signaled they …
by confoundedinterest17 My Kuroda! Forbes has an interesting article on the Japanese “miracle” entitled “The $5 Trillion Inflation Time Bomb No One’s Talking About.” It’s taken nine years and the Bank of Japan supersizing its balance sheet to the $5 trillion mark, …
House Speaker Nancy Pelosi has spent over $500,000 on private jets since 2020 despite repeatedly describing climate change as an “existential” threat the U.S. has a “moral” obligation to address. According to campaign filings with the Federal Election Commission, Pelosi’s …
https://twitter.com/leadlagreport/status/1489586540581990402 Average YTD member drawdown has hit -21% for NASDAQ and Russell 2000 pic.twitter.com/r1bBiwT0MA — Liz Ann Sonders (@LizAnnSonders) February 4, 2022 FAANG Roulette Continues With Huge Swings in the Price of Amazon The casino is clearly open folks and …
by confoundedinterest17 Despite inflation growing at 7% (versus The Fed’s target rate of 2%) and U-3 unemployment being only 3.9%, one would have thought that Jay and The Gang would have started increasing rates at the January meeting. But nooooo. The Fed …
“What’s frustrating people is how costs have gone up faster than incomes,” Polis said at a recent event hosted by the Colorado Sun, adding that the main way he plans to drive down Coloradans’ costs is by providing relief from …
