by confoundedinterest17 The elite class “economists” (aka, cheerleaders) are meeting at Jackson Hole, Wyoming this week. But while they are planning our future, the revision to the miserable Q2 Real GDP report came out this morning. Real gross domestic product (GDP) decreased …
by confoundedinterest17 Biden is the opposite of the miserly Scrooge McDuck. He gives billions to Ukraine and spends trillions on various Federal projects without batting an eye as to how and who is going to pay for all the spending. And …
by confoundedinterest17 Joe Biden is without a doubt the worst communicator in Presidential history. Here is clip of him explaining how wonderful the US economy is under his leadership. 0% CPI growth in July after a great jobs report where 528k jobs …
by confoundedinterest17 The US July inflation report remains hot, hot, hot! While mortgage purchase and refinancing applications are not, not, not. The US consumer price index rose 8.5% in July. And real average weekly growth remains burned by horrid inflation, at -3.6% YoY. …
by confoundedinterest17 The media is thrilled with today’s jobs report showing a sizzling 528k jobs added to the US economy. And with that, the media is cheering that recession fears are shrinking. But hold on a second. First, while 528k jobs …
by confoundedinterest17 The US economy is slowing. Sort of like Joe Biden sprinting from the Marine Helicopter to The White House. The Black Knight Home Price index is showing YoY home price growth slowing to +17.3% YoY … which is still …
by Boo_Randy It’s going to get harder for the Brandon regime, Yellen the Felon, and the pathological liars at the Fed to keep up their dissembling about the true extent of stagflation when even their media lapdogs are starting to …
"A recession is two quarters in a row of negative growth." — President Clinton, Dec. 19, 2000 pic.twitter.com/h04jcPX7P3 — Howard Mortman (@HowardMortman) July 28, 2022
by smeblorp Corporate profits in the U.S. have soared upwards of 25%, the biggest annual increase in nearly 50 years, while every-day Americans are dealing with 9.1% inflation. Sources: U.S. Bureau of Labor Statistics, Consumer prices up 9.1 percent over the year …
by BoatSurfer600 Nouriel Roubini says predictions for a mild recession are 'delusional' as severe financial crisis looms *** — The_Real_Fly (@The_Real_Fly) July 25, 2022 U.S. 10-YEAR TREASURY YIELDS SHARPLY LOWER IN EUROPEAN TRADE, LAST DOWN 6.5 BPS TO 2.757% — …
by Charles Hugh-Smith Waste is not growth, and neither are the unlimited expansion of debt and speculative bubbles. The financial punditry is whipping itself into a frenzy about a Federal Reserve “policy error,” which is code for “if the music …
by confoundedinterest17 Let’s get ready to stumble! Bank of America is predicting 4 straight quarters of negative real GDP growth. 2022 is shaping up for a bad year.
by confoundedinterest17 Alarm! As most economists are aware, unemployment rates are not a leading indicator of a recession. But job cuts ARE a leading indicator. Challenger US job cuts rose 58.8% YoY in June. Combine that with negative REAL wage growth …
by Boo_Randy It’s going to get harder and harder for Brandon, Jerome Powell, and Yellen the Felon to keep lying about our “booming economic recovery” as the real economy is in free-fall. The Federal Reserve Bank of Atlanta’s GDP tracker …
US CEO confidence vs. profits growth 👇 Draw your own conclusions. Chart @IanRHarnett pic.twitter.com/fgMFXJDgQ0 — Michael A. Arouet (@MichaelAArouet) June 6, 2022 U.S. tech sector sees highest job cuts in May since Dec. 2020. — unusual_whales (@unusual_whales) June 6, 2022 …
by Boo_Randy The Keynesian fraudsters at the central banks keep playing “extend and pretend” by pumping more created-out-of-thin-air liquidity into the financial system to stave off the inevitable financial reckoning day. In the entire history of the planet, “growth” financed …
It’s about to go from bad to worse. Buckle up. #recession #LetsGoBrandon pic.twitter.com/YxHbDib7Fo — Misty Clance ❤️👨👩👧 (@mistclance) May 19, 2022 Growth will slow more pic.twitter.com/WznaihTjxd — Win Smart, CFA (@WinfieldSmart) May 26, 2022 As the market goes lower, gamblers …
GDP growth risks sliding out of reasonable range, premier says Positive growth must be ensured in 2Q, jobless rate must drop https://www.bloomberg.com/news/articles/2022-05-26/china-s-premier-gives-dire-growth-warning-in-unpublished-remarks?srnd=premium-asia ESG more important than China 🇨🇳 housing with #Copper pic.twitter.com/1qcdSGbGOW — Win Smart, CFA (@WinfieldSmart) May 27, 2022
by pa_p3rry https://twitter.com/WallStreetSilv/status/1528707314395631621 Its the Everything bubble of the century! This selloff is twice as fast as 2008. It took 9 months and -15% to reach the Lehman Moment. Currently the market is down -20% in 4.5 months. I say …
by confoundedinterest17 Here comes the night! The US economy us approaching recession as inflation soars and expected growth declines. Food and energy prices are soaring, hitting middle class and low-wage households like a hammer. While the headline inflation rate is 8.3% …
by BoatSurfer600 So why does EVERYTHING feel like it's about meltdown? Piper Sandler chart pretty much explains it. Financial conditions were tightened gigantically and quickly by the financial mkts themselves. Liquidity destroyed in unprecedented fashion. Severe economic slowdown coming. pic.twitter.com/MVqhP2Ed3D …
The goal of any business is to grow and thrive. As the old adage goes, though, you have to spend money to make money – and that’s not as easy for small businesses as it is for larger ones. Growth …
by Peter Schiff of Peter Schiff Podcast Mortgage are rates too high for anyone to refinance for better rates. Markets rally on horrific economic news. FULL SHOW NOTES AND LINKS HERE
by confoundedinterest17 While headline inflation is growing at 8.6% YoY in March, flexible price inflation grew at a terrifying 25% YoY rate. Even with headline inflation of “only” 8.56% YoY, today’s Q1 real GDP growth checked in at -1.4% QoQ. Clearly, …
It's not just Ark ETFs, ALL of small cap growth just broke key support. pic.twitter.com/A2AOycgoW4 — Mac10 (@SuburbanDrone) April 28, 2022 If we get capitulation now as appears to be happening in growth stocks. And the put/call ratio spikes. Then …
https://www.wsj.com/articles/meta-platforms-facebook-fb-q1-earnings-report-2022-11651022191 Facebook parent Meta Platforms Inc. is expected to post its slowest revenue growth on record as the company navigates growing competition for users and privacy headwinds in its advertising business. Meta’s stock price was battered in February when it …
by confoundedinterest17 For the moment, Fed Chair Jerome Powell and several Fed governors are singing “No sugar tonight” for the economy. As The Fed sings “No sugar tonight” exemplified by the number of expected Fed rate hikes by February 2023 has grown …
by confoundedinterest17 Under President Biden’s Reign of Error, inflation is the highest in 40 years. But Powell and The Fed are still overstimulating the economy, and Congress is contributing to the inflation disaster with short-sighted political policies and spending (flooding …
by confoundedinterest17 Feeling hot, hot, hot! Inflation, that is. US real average weekly earnings growth YoY is down to -3.60%. That is the lowest since 2007 and is worse than The Great Recession and financial crisis of 2008. And look at this …