Since 1970, the share of aggregate income going to the middle class has fallen from 62% to 42%. Meanwhile, high-income share has increased from 29% to 50%. No wonder so many supposedly middle-class families feel like they’re always on the brink.

Since 1970, the share of aggregate income going to the middle class has fallen from 62% to 42%. (Middle class defined as income from 2/3 to double the median). Meanwhile, high-income share has increased from 29% to 50%. No wonder …

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Person interest payments have increased by 100% in the past 18 months. Credit crunch is taking out auto lending home lending and commercial real estate.

~100% increase in the past 18 months pic.twitter.com/VNLUWHSjKg — Adam Taggart (@adamtaggart) April 19, 2023 Credit crunch is moving forward, taking out auto lending home lending and commercial real estate. Recession signals are 🚨🚨🚨 🔊 https://t.co/xJgzSeqaOL — Wall Street Mav …

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The Fed has increased the Fed funds rate quite a bit but they’ve only shrank their balance sheet by 5% and things are already breaking

by BoatSurfer600 Source: https://markets.businessinsider.com/news/stocks/recession-warning-economic-outlook-inverted-yield-curve-fed-rate-hike-2023-1 Morgan Stanley Warns US equities could slump another 22% from current levels — Goldman’s Kostin also sees 2023 earnings estimates as too high (Bloomberg)

*UPDATE* Second week of “Quantitative Tightening” and FED INCREASED its ~$9TN balance sheet by $14 Billion, including $20BN increase in residential MBS. As we’ve exposed, FED is buying more USTs and MBS than their own principal estimates. Zero explanation. Zero justification.

*UPDATE* Second week of "Quantitative Tightening" and FED INCREASED its ~$9TN balance sheet by $14 Billion, including $20BN increase in residential MBS. As we've exposed, FED is buying more USTs and MBS than their own principal estimates. Zero explanation. Zero …

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BIS Gold swaps increased by 21% in January

By Robert Lambourne via GATA The recently released January 2022 statement of account of the Bank for International Settlements — https://www.bis.org/banking/balsheet/statofacc220131.pdf — contains information suggesting an increase of about 87 tonnes in the bank’s gold swaps, from 414 tonnes in December to 501 …

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BIS gold swaps increased slightly in November

By Robert Lambourne via GATA The recently released November statement of account of the Bank for International Settlements — https://www.bis.org/banking/balsheet/statofacc211130.pdf — contains information suggesting an increase of about 37 tonnes in the bank’s gold swaps, from 414 tonnes in October to 451 tonnes …

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Volatility has jumped, failed trades have increased; Margin debt is moderating; Puts outpaced calls for the first time this year and smashed the prior record set in Feb 2020

Volatility has jumped, failed trades have increased — and Wall Street analysts warn that the Federal Reserve’s exit from bond-buying is set to make matters worse https://t.co/tglbmvrsLj — Bloomberg Markets (@markets) December 6, 2021 Put options volume across all symbols …

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U.S. Producer Prices Increased in August by More Than Forecast (Hot, Hot, Hot!) Fed Pouring Money Into Clogged System

by confoundedinterest17 Producer prices are getting hot, hot, hot! (Bloomberg) — Prices paid to U.S. producers increased in August by more than forecast as persistent supply chain disruptions squeeze production costs higher.  The producer price index for final demand increased 0.7% from the prior …

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