Be a voice, not an echo.
by confoundedinterest17 This is the Steve Urkel economy where The Federal Reserve and Federal government screw everything up with their policies (or follicies) and say “Whoops! Did I do that?” (Bloomberg)
by confoundedinterest17 Face it, the 30-year Treasury market is not as interesting as widely-traded as the 10-year Treasury market. But we did see some interesting revelations in today’s 30 year Treasury auction.
by confoundedinterest17 U.S. consumer sentiment fell in early August to the lowest level in nearly a decade as Americans grew more concerned about the economy’s prospects, inflation and the recent surge
(Bloomberg) — U.S. consumer sentiment fell in early August to the lowest level in nearly a decade as Americans grew more concerned about the economy’s prospects, inflation and the recent
by confoundedinterest17 There is good news from Freddie Mac today. Their 30-year mortgage commitment rate fell to 2.77%, the lowest in almost six months. The bad news? Consumers are going to
“So much for the democrats’ plan to install Kamala Harris as President in lieu of Dementia Joe. The Vice President is tanking in the polls, with the worst showing of any
by confoundedinterest17 Talk about NIRP (negative interest rate policy). The Real 30-year mortgage rate (nominal rate – headline CPI YoY) has now fallen to -2.35%. While the REAL 30-year mortgage rate
The gap or spread between high yield debt (junk bonds) and investment grade corporate bonds is now the most narrow it has been since 2007. And what happened in 2007?
by confoundedinterest17 To quote Dean Martin, “Ain’t that a kick in the head.” Real interest rates (nominal interest rates less the inflation rate) are more negative than anytime since 1975. The REAL
via washingtonexaminer: The trust people in the United States have in the media is the lowest in the free world and is likely driving more and more away from traditional news
by confoundedinterest17 With The Federal Reserve’s prodigious asset purchases and rate suppression (not to mention Biden’s record spending), inflation is a concern. But now there is another problem on the horizon
by confoundedinterest17 (Bloomberg) — Mortgage rates in the U.S. dropped to the lowest level in four months. The average for a 30-year loan was 2.93%, down from 2.96% last week and lowest since Feb.
by confoundedinterest17 The University of Michigan consumer survey revealed today the Buying Conditions For Housing (Good) plunged to the lowest level since 1982. Here is a longer view of the data.
The water level of Lake Mead at the Hoover Dam is set to meet its lowest level on record as California’s megadrought leave millions under emergency rations. On Thursday, Lake
Volume continues to wane, hits lowest trading day of the year pic.twitter.com/4UWKtjvILV — Not Jim Cramer (@Not_Jim_Cramer) May 24, 2021 #DJIA Daily. Remains the upwards Gap🧐 pic.twitter.com/2IGY8F4uNb — Antonio Pérez-Algás
In a Friday release, the Commerce Department announced that the top five states with the highest unemployment rates in April were Hawaii (8.5 percent), followed by California (8.3 percent), New
NEW YORK (AP) — The U.S. birth rate fell 4% last year, the largest single-year decrease in nearly 50 years, according to a government report being released Wednesday. The rate
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
S&P 500 real earnings yield continuing to fall; now at lowest since October 2008 pic.twitter.com/taLqAzLipH — Liz Ann Sonders (@LizAnnSonders) April 6, 2021 Traders are unloading their massive short positions
by confoundedinterest17 The US Dollar’s share of global reserves has dropped to the lowest level in 25 years! The US Dollar is strengthening, which may restore global confidence in the dollar.