Americans With Highest Incomes See Lowest Inflation

by confoundedinterest17 Thanks a boatload Joe Biden, Janet Yellen and Jerry Powell. Low-income Americans bore the brunt of job losses when the pandemic arrived. Now they’re getting hit hardest by price increases as the economy recovers. The headline consumer inflation rate …

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Just to put things into perspective: Q2 kicks off with 2nd highest PE since 1901. Wartime levels of stimulus, but no wartime valuations, BofA says.

Just to put things into perspective: Q2 kicks off with 2nd highest PE since 1901. Wartime levels of stimulus, but no wartime valuations, BofA says. pic.twitter.com/Aw3N0MqusA — Holger Zschaepitz (@Schuldensuehner) April 2, 2021 Dow jones: Bulls in for a reality …

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Freddie’s 30Y Mortgage Commitment Rate Rises To 3.17%, Highest Since June 2020 (Powell Says No Backing-off Stimulus Until Economy Has “All But Recovered,” M2 Money Growth Now Up To 27.1% YoY)

by confoundedinterest17 Freddie Mac’s 30-year mortgage commitment rate keeps on rising. Now to 3.17%. This is happening at the 10-year Treasury yield continues to climb. Note that interest rate volatilty (SRVIX) surged and remains elevated compared to equity volatility (VIX). (Bloomberg) …

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Retail getting free stimulus money from the government to end up using it to buy the highest valued market in history.

AMC is now worth 2x what it was before COVID — Michael Lebowitz, CFA (@michaellebowitz) March 15, 2021 https://twitter.com/NorthmanTrader/status/1371558661231943684 Dow Jones: U can smell the turning point its so close pic.twitter.com/7y3YjyqYeV — The Great Martis (@great_martis) March 15, 2021 Next …

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