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. 18, Freddie Mac said Thursday. “Mortgage rates continue to drift down as …
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. Overheated home price growth is finally spooking consumers. “I will …
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 Mead’s water level is projected to hit elevation 1,071.61 feet, …
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 (@apanalis) May 25, 2021 Reverse Repo: Our banking system is …
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 Mexico and New York (8.2 percent each), and Connecticut (8.1 …
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 dropped for moms of every major race and ethnicity, and …
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 …
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 on UVXY pic.twitter.com/9sX9XTcnyb — Alessio (@AlessioTMAD) April 6, 2021 If …
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. Doubtful.
https://twitter.com/leadlagreport/status/1376178529231065093
via Zerohedge: The Saretsky Report contributed to this article. Just like last month, when Grant’s Interest Rate Observer dubbed the Vancouver housing market as “ghastly”, in April Vancouver once again reported the fewest monthly sales in 33 years. According to the Real Estate Board …
via fxstreet: Key highlights: • 2020 unchanged at 3.6%. • Says risks to the downside based on Brexit and US-China talks. • Says growth will stabilize in the first half of 2019, sees gradual recovery afterwards. • Sees global trade volume up 3.4% …
From Birch Gold Group According to the IMF, the U.S. dollar is known as the “Global Reserve Currency”. There are a number of reasons for this, but mainly because it’s backed by the U.S. economy. That economy is fraught with uncertainty at the moment. …
by pineapplezach Source: Kaggle Data Set (Where it Pays to Attend College) Tool: Infogram As a college student myself, it is a bit surprising to find that the pay gap is nearly double! I really want to be a teacher, …
BY SRSROCCO With the latest release by the USGS, silver production in the U.S. is now the lowest in more than 70 years. We have to go all the way back until the year after World War II ended to …
Q1 EPS now expected to decline by -2.7%. Was -0.8% two weeks ago and +3.0% on Dec. 31 pic.twitter.com/tFdnp0bOux — zerohedge (@zerohedge) February 22, 2019 https://twitter.com/OccupyWisdom/status/1098791204299390978 still the "greatest economy ever"? pic.twitter.com/VQvqDQhk7G — Alastair (@StockBoardAsset) February 22, 2019
1-M HIBOR vs. LIBOR rates now at lowest level since 2007! Interesting how same spread disparity also corresponded with the market top for HK stocks. Note: HSI index peaked in 2018, and it’s now re-testing the upper bound of a …
by Dr. Eowyn Property taxes are the single largest revenue source for local governments, used to fund fire and police departments, schools, and road maintenance, including snow removal, cleaning, and repair. In 2015, the average U.S. property taxes per person …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But first-time buyers cling to hope. Sales of newly built detached houses in Australia plunged 6.7% in December 2018 from November, to just 4,622 houses, according to the Housing Industry Association (HIA), easily whizzing by the …
by Irina Slav Tesla will stop offering the lowest-priced versions of its Models S and X, chief executive Elon Musk wrote in a tweet. “Starting on Monday, Tesla will no longer be taking orders for the 75 kWh version of the …
by Egon von Greyerz As we approach the beginning of the biggest wealth destruction in history, it is timely to turn to the wisdom of one of the great philosophers. Plato (428-348 BC) stated: “The greatest wealth is to live …
Housing sentiment falls to lowest in a year, as more say now is not a good time to buy: Fannie Mae Consumer attitudes toward both buying and selling homes dropped, with the former falling the most of all the six …
The Smart Money Index has dropped to lowest since 2009 this week. Is calculated by taking action of the Dow in 2 time periods: the first 30 mins & the close. The first 30 minutes represent emotional buying, driven by …
via confoundedinterest: The Dow “Smart Money” Flow index has dropped to its lowest level since April 2009. The Smart Money Flow Index is calculated by taking the action of the Dow in two time periods: the first 30 minutes and the …
BAML has just called a peak in home sales! Citing declining affordability (makes sense given rising mortgage rates = headwind), housing market underperformance as economy grew (relative terms). @mtmalinen @LizAnnSonders @BValentineCFA @anilvohra69 @MI_Investments @SoberLook pic.twitter.com/gT8D3O5qXT — Taylor-Swift Yield Spread (@TayTayLLP) …
Obama’s Economy: “That’s one of the lowest numbers we’ve seen in years.” “That’s a horrific number.” VS. Trump’s Economy: “That’s a wow number.” “It keeps getting better and better and better.” See video will blow you away Obama’s Economy: “That’s …
Bitcoin’s price dips lower amid cryptocurrency sell-off from CNBC. via CNBC: Bitcoin nears its lowest level of the year with other major cryptocurrencies ether and XRP falling double digits. The total cryptocurrency market capitalization has dropped by $19 billion in …
via Karoliina Liimatainen The Swiss property market kept cooling in the second quarter, with UBS Group AG’s bubble index reaching its lowest since early 2015. The index slipped to 1, the level that divides the risk zone from the region indicating …
Amazon now pays even LESS tax while struggling High Street firms pay up to 20 times more Amazon has declared its lowest UK corporation tax bill in five years as the web giant was accused of killing the high street. …
by sundance Begin, with the end in mind…. More than two years ago CTH began discussing the ramifications to a new emphasis on the economy outlined as a possibility of candidate Donald Trump’s economic policy outlook. Within the overall discussion we walked through the anticipated changes possible if A.) …