by Bigfoot_USA Unless Target speaks to the truth about why they received blowback, this is not a major cultural victory. At all. They’re blaming the reason they’re removing these items on violent threats against their staff. Target, in no way, …
The trend is clear: the US economy is rapidly slowing down, in large part due to the “depressurization event” among small and medium regional banks, that has seen loan issuance grind to a halt. There was an almost palpable gasp …
by Chris Black Utopia, here we come! Untold Truth: The crime is so out of control in The U.S. Target grocery store now lock groceries into cages to protect their goods. This is a (Target store) in San Francisco 🇺🇲. …
via Yahoo: The London Metal Exchange revealed a surprising mix-up last week at a warehouse in the Dutch port city of Rotterdam. An operator for the warehouse weighed bags that were thought to contain 54 metric tons of nickel, only …
https://finance.yahoo.com/news/chipmakers-struggle-inventory-buildup-pandemic-123442063.html Pandemic recovery, rising interest rates, a falling stock market, and recession fears have weakened consumer appetite for electronics. However, the industry expected chip sales to double by 2030, surpassing $1 trillion globally. Micron eyed a facility in upstate New …
by silvertomars The US average is up +25% YoY, admittedly from low levels, but several cities are now recording +100% YoY growth in active listings… Phoenix +177%… Meanwhile, unsold housing inventory in Las Vegas… Housing supply in the US is …
🇺🇸 #Housing | Home Inventory Soars at Record Rate With US Buyers Pulling Back – Bloomberg*Link: https://t.co/jpr5LnpneT pic.twitter.com/Q0LKiapReR — Christophe Barraud🛢🐳 (@C_Barraud) August 10, 2022
By Irina Slav Crude oil prices fell today after the Energy Information Administration reported a build in crude oil inventories of 4.5 million barrels for the week to July 29. This compared with a draw of an almost identical size for the previous week. …
by by Boo_Randy Housing headwind just beginning. Inventory setting a record at same time mort apps are collapsing. https://t.co/EbwACAiTMh — warren bachman (@warrenbachman1) July 18, 2022 Bank of America, $BAC, now forecasts 4 straight quarters of negative real GDP growth. — …
by confoundedinterest17 US Existing Home Sales were 5.61M SAAR in April, down -2.4% from March’s -3.0% MoM reading. But median prices YoY for existing home sales printed at 14.85%, still hot, hot, hot. With 3 consecutive declines in MoM existing home sales, …
by BoatSurfer600 Source: https://www.freightwaves.com/news/why-the-northeast-is-quietly-running-out-of-diesel
This crisis will affect everyone. https://www.freightwaves.com/news/why-the-northeast-is-quietly-running-out-of-diesel The East Coast typically stores around 62 million barrels of diesel during the month of May, according to Department of Energy data. But as of last Friday, that region of the U.S. is reporting …
SK was bought out by a Chinese company about 8 months back, and now this. https://sktools.com/ View post on imgur.com h/t CharlieFoxtrot
by confoundedinterest17 Surprise! US existing home sales in January rose to 6.50 million units SAAR versus the expected 6.10 million units. That is a 6.7% increase over December. The disturbing news is the continued lack of available inventory that peaked …
From to little inventory to…#Housing https://t.co/dal0RvD1pR — Samantha LaDuc (@SamanthaLaDuc) February 17, 2022
by confoundedinterest17 The banner headline is … US existing home sales declined 4.6% MoM in December. But that isn’t the interesting news. The interesting news is the mystery of the missing housing inventory. While various pundits told us that inventory would …
by confoundedinterest17 The inventory of existing homes for sale in the US is extremely low. The lack of available inventory to buy is helping drive home prices through the roof. Available inventory for purchase peaked back in the 2007-2008 period …
by confoundedinterest17 Fools rush in … or at least investors rush into the US housing market. Investors made up 17% of existing home purchases in October. Inventory of homes remains depressed and with investors picking up 17% of homes for sale, the median …
by confoundedinterest17 Feeling hot, hot, hot. Housing, that is! US existing home sales in July rose to 5.99 million SAAR, beating expectations. But the inventory of home available for sale remains low by historic standards. The median price of existing homes declined …
by confoundedinterest17 The ball is in the court of The Fed, the Biden administration (HUD) and Congress. Will they take action? There will be more housing inventory hitting the market soon. As home prices are up and most are no longer …
Supermarkets are stocking up on everything from sugar to frozen meat before they get more pricey, girding for what some executives anticipate will be some of the highest price increases in recent memory. Some supermarkets said they are buying and storing …
by confoundedinterest17 Fed Chair Powell will speak to a Congressional Oversight Panel today at 2pm. He released his printed statement, and mentions that inflation is usually high. “Inflation has increased notably in recent months. This reflects, in part, the very low readings from early …
by confoundedinterest17 US existing home sales for April were released this morning and show a month-over-month decline of 2.7% from March with 5.85 million units sold SAAR. Median price of existing homes sales rose to 19.1% YoY on staggering Fed stimulus …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A six-quarter surge, with first signs that some of it has started to unwind. The inventory pileup I have been discussing for a while played a big role in the surprisingly strong 3.2% GDP growth reported on Friday, but it …
#China Car Sales v Dealer Inventory 😳 (SocGen) pic.twitter.com/zoXVQZ7P8O — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) April 7, 2019 pic.twitter.com/Ob1bQSB6r7 — Alastair (@StockBoardAsset) April 7, 2019
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And how it compares to what happened during the Financial Crisis. The goods-based segment of the economy is heading for rough waters, and it is further diverging from the path of the services-based segment of the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “In 30 years, I’ve never seen anything like this”: CEO of warehouse operator Pacific Mountain Logistics. Sales at merchant wholesalers (except manufacturers’ sales branches and offices) fell 1% in December 2018, compared to November, to $497.2 billion …
via Zerohedge: After NAHB’s optimism rebounded sharply earlier this week, all eyes are on this morning’s existing home sales data for any signs of optimism. Alas, with consensus expecting a tiny rebounding in January following December’s sharp drop, the deterioration …
