US government interest expense shot up over the past four quarters in line with higher interest rates and the ballooning pile of debt. A high interest-expense burden might be the only discipline left that will put some common sense into these people in Washington May 30, 2023 9:49 am
‘Debt ceiling increase = inflation increase = Federal Reserve Interest rate hikes = higher mortgage & car loan costs = higher food/gas prices = decrease in wage value… It’s all connected. If Gov’t spending isn’t cut, your family’s spending will be’ May 25, 2023 7:05 pm
Fed’s Economic Well-being US Household 2022: “fewer adults reported having money left over after paying their expenses. 54% of adults said that their budgets had been affected “a lot” by price increases.” “51% of adults reported that they reduced their savings in response to higher prices.” May 23, 2023 7:06 amMay 22, 2023 11:16 am
Gold’s Open Interest on Comex indicates that futures are not overbought, suggesting that when it is over this decline could support a decent upward move. Are we going higher or lower from here? May 20, 2023 7:30 am
Inflation Alert! April 2023 Rental Report: The median asking rent was $1,734, up by $4 from last month and down by $43 from the peak but still $348 (25.1%) higher than the same time in 2019 (pre-pandemic). May 18, 2023 7:16 pm
Cleveland Fed Governor Loretta J. Mester believes interest rates should go higher… Richmond Fed Governor Thomas Barkin: I also want to reduce inflation,” “And if more increases are what’s necessary to do that I’m comfortable doing that. May 16, 2023 9:16 pm
Trillions of dollars of debt will be rolled over at the current higher rates in the next 18-24 months. April 22, 2023 9:09 pm
Home owners with good credit forced to pay higher mortgage rates and fees to subsidize riskier buyers under new Biden rule April 19, 2023 8:02 pm
Rates are going higher, massive defaults are coming, small business confidence is plummeting. Bulls, you are officially TRAPPED. April 19, 2023 8:36 pmApril 19, 2023 8:54 am
If DXY breaks down from this one year head and shoulders pattern, then gold and silver are going to explode higher very soon. April 7, 2023 1:58 pm
The higher “USINTR-US10Y” spreads goes the higher screams of Fed cutting you might hear especially when we have the worst Debt/GDP ratio. April 6, 2023 10:17 am
Warning: Inflation is About to Explode Higher Again… Are You Prepared? April 4, 2023 10:37 amApril 3, 2023 9:39 am
Credit Suisse 5Y CDS exploded higher to 766bps, pricing in a probability of default of 47%, stock plunges 30%. The Saudis have said they won’t invest. Credit Suisse failure would be 5x SVB March 16, 2023 10:44 amMarch 15, 2023 10:30 am
Schwab’s unrealized losses on HTM securities are 171% of its equity capital. Higher than SVB. Highest among majors. March 14, 2023 9:01 pm
So Far In 2023, Announced Job Cuts Are Running 427 Percent Higher Than They Were At This Time In 2022 March 10, 2023 10:01 amMarch 9, 2023 10:41 pm
The stronger financial/banking sector in the city- the higher its housing prices…. Financial sector sucks wealth to itself March 9, 2023 9:57 am
