US Core Inflation Rises In April To 4.7% Despite M2 Money Growth Crashing To -4.6% YoY, More Rate Hikes Forecast (Damn It, Janet [Yellen])

by confoundedinterest17 Damn it, Janet (Yellen)! So much for Treasury Secretary Janet Yellen’s proclamtion that inflation is transitory and would subside to under 2%. April’s core inflation (PCE Deflator) rose to 4.7% YoY. Despite M2 Money growth crashing to -4.6% …

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The #YieldCurve apocalypse forecast gets worse and worse…

#recession … #GFC2 US Treasury #Bonds edition The #YieldCurve apocalypse forecast gets worse and worse… 📉 🥶 pic.twitter.com/dzJC7rUNQG — Invariant Perspective (@InvariantPersp1) February 14, 2023 https://twitter.com/farrisbaba/status/1625580044788588563 2/13… supply (or the highest, barring the 2H22 highs, since May 2010, using Census …

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US Real GDP Growth Forecast To Be Dismal 0.50% In 2023, Personal Savings Rate -67.9% YoY In October, US Mortgage Rates Headed Down (Economic Lights On But Nobody’s Home)

by confoundedinterest17 Albert Collins said it best about the US economy under Joe Biden: “Lights Are On But Nobody’s Home”. The Federal Reserve forecast for the US economy is a dismal 0.50% YoY. Do I detect a trend? The FOMC forecast for …

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Blackrock’s Dire Forecast For 2023 And FAANG’s Loss Of >$3 Trillion In 2023 (M2 Money Velocity Near Lowest In History, US Yield Curve STILL Inverted)

by confoundedinterest17 Blackrock has a grim presentation on investing in 2023. Particularly with regards to The Federal Reserve and their ability to stave-off a recession (comin’ at you!). Central bankers won’t ride to the rescue when growth slows in this new …

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Britain faces longest recession in a CENTURY: BofE delivers grim forecast for the economy as it raises interest rates by 0.75% to 3% – the biggest increase in three decades – sending the cost of unfixed mortgages soaring by thousands

by Boo_Randy Brits who levered up on debt to get up on that “housing ladder” – and bought into the most insane housing bubble in human history – are going to be experiencing severe rectal trauma. If you must squeal …

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