february

In February, year-over-year changes in home prices gained less than 5% for the first time since May 2020. Median existing-home price for all housing types in February was $363,000, a 0.2% drop from February 2022, ending a 131 consecutive months streak of year-over-year increases (longest on record.)

by Dismal-Jellyfish Source: https://www.newyorkfed.org/research/home-price-index What did the housing data say in February? From the National Association of Realtors: The median existing-home sales price decreased 0.2% from the previous year to $363,000. Existing-home sales jumped 14.5% in February to a seasonally …

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Global banks trading volume rose sharply since the end of February. These major bank collapses will cause a massive ripple in the system

by BoatSurfer600 This ship is heading for a iceberg 🚨 Getting out now before it it gets ugly ? pic.twitter.com/AJNNoACJAO — Wall Street Mav (@WallStreetMav) March 29, 2023 Billion dollar banks are trading like shitcoins pic.twitter.com/6Wc0DfUr5t — Financelot (@FinanceLancelot) March …

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February Jobs Report Comes In Hot, Hot, Hot (Avg Hourly Earnings UP 4.6% YoY, Too Bad Inflation Is At 6.4% YoY)

by confoundedinterest17 According to the US Bureau of Labor Statistics (BLS)https://www.bls.gov/news.release/empsit.nr0.htm, the February jobs report came in hot, hot, hot. One indicator that the Biden Administration will herald is that average hourly earnings rose to 4.6% Year-over-year (YoY). Too bad headline …

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ChatGPT: The stock market crash will begin on February 15th, 2023

The stock market crash will begin on February 15th, 2023 you say 👀 https://t.co/yFM7CeXbp7 pic.twitter.com/C6ORf4r8gx — Financelot (@FinanceLancelot) February 7, 2023 A major escalation with China you say? 🤔 pic.twitter.com/xgXS4ZsRgL — Financelot (@FinanceLancelot) February 7, 2023

Strongest economic recovery ever!

by masterjedi78 2007 flashbacks: ‘More Subprime Borrowers Are Missing Loan Payments’ – WSJ Delinquencies on subprime car loans & leases hit an ALL TIME high in February https://t.co/NKEPMb6B7g — Spencer Jakab (@Spencerjakab) May 19, 2022 Philly Fed just imploded. Here …

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Run, Runaway! February PCE Core Deflator YoY Rises To 5.4%, Highest Since 1983, As Fed Keeps Foot On Monetary Gas Pedal (Spread Between PCE Core Deflator And Fed Funds Target Rate Highest Since 1970)

by confoundedinterest17 Run, runaway! February’s Core Personal Consumption Expenditures (PCE) price YoY grew to 5.4%, the highest since 1983. The spread between the PCE Core Deflator and The Fed Funds Target Rate (upper bound) In terms of the spread, it is …

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Small decline in BIS gold swaps in February

By Robert Lambourne via GATA The recently released February 2022 statement of account of the Bank for International Settlements — https://www.bis.org/banking/balsheet/statofacc220228.pdf — contains information suggesting a decrease of about 29 tonnes in the bank’s gold swaps, from 501 tonnes as at the end …

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U.S. inflation 7.9% in February! Month after month, the Fed has justified their ultra-easy monetary policy under the guise of “helping the poor.” The truth: inflation hits the poorest the hardest

U.S. inflation 7.9% in February.6.6% m/m increase in gasoline prices. 1% in food prices Core CPI up 0.5% m/m. 6.4%, from 6.0%, and could edge higher in March. Keep printing pic.twitter.com/45dxvIPOJH — Daniel Lacalle (@dlacalle_IA) March 10, 2022 Price increases …

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