by confoundedinterest17 Resident Biden and Congress unleashed inflation of the unsuspecting American middle class. Now real estate is starting to feel the pain of Fed monetary tightening. For March, the S&P CoreLogic Case-Shiller 20 metro home price index actually fell …
by confoundedinterest17 More bad news about the economy and housing sector under Biden/Yellen/Powell’s Reign of Economic Error. US housing starts are out for April 2023. The bad news? Housing starts tanked -22.3% year-over-year (YoY). The good news? US housing starts …
by Dismal-Jellyfish Remember, CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor. Source: https://fred.stlouisfed.org/series/CUUR0000SA0R Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing …
In March, Germans withdrew ~€18bn from their bank accounts possibly b/c banks do not pass on higher ECB rates to customers. Money mkt funds making comeback, as in US. But consumers may also have to liquidate savings to be able …
by confoundedinterest17 No, not the Dylan Mulvaney / Bud Light type of trans. But US Factory Orders Ex-TransPORTATION fell -0.7% in March from February. I am dying to hear Resident Biden talk about declining factory orders. Then again, maybe not. …
by TonyLiberty Banks never have the full amount of cash on hand to cover all deposits, they use deposits to make loans or investments
by confoundedinterest17 March’s Personal Consumption Expenditures Core Prices remain HOT despite The Fed crashing M2 Money growth. PCE Core price growth remained elevated at 4.6%. Personal spending in March slowed to 0% growth. The Taylor Rule infers a Fed Funds …
by confoundedinterest17 So much for the hopium spread by the Biden Administration and Realtors in general. US Pending Home Sales crashed -23.3% YoY and -5.2% MoM for the 16th straight month of negative growth in pending home sales. Wasting again …
This smacks of a one world government protocol. Brief Over view: New UN document calls for the UN Secretary General to become de facto dictator of the world in the event of any situation deemed to be a "crisis". Full …
by Dismal-Jellyfish Source: https://www.newyorkfed.org/microeconomics/sce/labor#/ The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the March 2023 SCE Labor Market Survey. The SCE Labor Market Survey, fielded as part of the Survey of Consumer Expectations (SCE) since March 2014, provides information on …
by TonyLiberty Consumer Price Index Changes (CPI YoY): +13.9% 🚎 Transportation +10.2% ⚡ Electricity +8.8% 🍔 Eating Out +8.4% 🛍️ Groceries +8.2% 🏠 Shelter +6.1% 🚗 New Cars +5.5% 💨 Gas (Utilities) +1.0% 💊 Medical Care -11.2% 🚙 Used Cars …
by confoundedinterest17 US Core inflation keeps rising despite The Federal Reserve slowing M2 Money growth and raising The Fed Funds Targget rate as The Fed plays catch up from Janet Yellen’s “Too Low For Too Long” monetary policies under Obama. And she …
Californians who feel like March was one of the coldest and wettest they’ve endured have the data on their side. Data from the National Oceanic and Atmospheric Administration show that last month was the fifth-coldest March in California since 1895, the first year in …
by confoundedinterest17 We are truly addicted to gov! Or at least cheap money from The Federal Reserve. March’s ADP job report shows the US economy only added 145k jobs as The Fed removes its punch bowl. For the moment. Its simply irresistable for …
U.S. manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged, and analysts said activity could decline further due to tighter credit conditions. The Institute for Supply Management (ISM) survey on Monday showed …
The US Centers for Disease Control and Prevention is sending personnel to Africa to help stop outbreaks of Marburg virus disease and is urging travelers to certain countries to take precautions. The CDC is also taking steps to keep infections …
Today’s protests in France are considered high risk. They should go to their homes. Go burn Macron’s villa in Le Touquet. It’s the only way at this stage. It’s still early, past 2.00 PM in Paris. Government subsidized CGT Communist …
by dbc13543 Back in 2008 the first massive sign of distress appeared in mid-March with the fall of Bear Stearns. While many other dominoes fell in 2008 after the failure of Bear Stearns, there wasn’t a full-blown crash and crisis …
Ricardo Valdez Ponce left his house late Friday night in his hometown of Matamoros, Tamaulipas to board a bus for the 15-hour journey to Mexico City in order to take part, the next day, in the mass demonstration called by …
I’m being notified by passengers on a Southwest flight departing Las Vegas that the captain became incapacitated soon after takeoff this morning. He was removed from the flight deck and replaced by a non Southwest pilot who was commuting on …
by AutoModerator Fed Funds Rate Prior: 4.50 to 4.75% Fed Funds Rate Consensus: 4.75 to 5.00% CME FedWatch which tracks interest rate futures trading probabilities can be found here – CME FedWatch Tool – CME Group The FOMC statement can be …
by kindred_asura In March 2008, the New York Federal Reserve provided an emergency loan to try to avert a sudden collapse of Bear Stearns. The company could not be saved, however, and was sold to JPMorgan Chase for $10 per share, a price far below its pre-crisis …
Moody’s Analytics’ Mark Zandi says Fed unlikely to hike rates in March given banking turmoil Moody’s Analytics chief economist Mark Zandi thinks the Federal Reserve is unlikely to raise interest rates at its March meeting as there is a “boatload …
by confoundedinterest17 The Federal Reserve and Biden Administration are like one massive gaffe machine. And with it, the Empire State manufacturing outlook plunged to -24.6. An inflation measure, PPI Final Demand YoY declined to 4.6%. While the Dow is down -1.36% …
OpenAI's ChatGPT has reportedly predicted that the stock market will crash on March 15, 2023, per BI. — unusual_whales (@unusual_whales) February 16, 2023 BIG IF TRUE! DanGPT (the jailbreak version of ChatGPT) predicts that the next stock market crash/correction will …
by Settlemente Here is the link to the announcement of the reserve ratio for banks being reduced to 0%. https://www.federalreserve.gov/monetarypolicy/reservereq.htm#:~:text=As%20announced%20on%20March%2015,requirements%20for%20all%20depository%20institutions. The FDIC insures up to $250,000 worth of deposits (per person, per bank). The Dodd Frank act included requirements for …
Figures, US taxpayers bailing out a bunch of rich progressive coastal elites. — David Naber (@DavidNaber16) March 13, 2023 Morgan Stanley, $MS, says sell any bounce on this government intervention, next leg of bear market's begun, per CNBC. — unusual_whales …
Stocks fell as worries flared about the banking system amid the SVB collapse and the painful effects of high interest rates Struggles come amid what Bank of America strategists called ‘the crashy vibes of March’ Analysts have said ‘cracks are …
