Is this the beginning of Universal Basic Income? Around 39 million American households are set to get their first monthly payment from the expanded $3,000 child tax credit starting on July 15. That’s according to a joint statement on Monday by the …
The U.S. economy added 266,000 jobs in April, far below the Wall Street consensus of 978,000; unemployment rate 6.1% pic.twitter.com/C4yyXGvd4U — Reuters (@Reuters) May 7, 2021 *US Labor Apr Nonfarm Payrolls +266K; Consensus +1M — *Walter Bloomberg (@DeItaone) May 7, …
I’m proposing $2,000 monthly payments throughout the pandemic and for 3 months after, because rent and bills are still due during this crisis and people are going hungry. It’s that basic. — Vice President Kamala Harris Archived (@VP46Archive) May 11, …
February was bad. Housing market weakness is now spreading out from London. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. London home prices in February took their biggest one-off hit since the dark days of the last crisis, according to data …
Largest monthly inflow to S&P 500 growth ETF ever! Previous inflow extremes also preceded significant market selloffs. Record bullishness at near record valuations can never a good sign. Credits to @jessefelder pic.twitter.com/fSpEIEVr20 — Otavio (Tavi) Costa (@TaviCosta) April 1, 2019 …
by Lance Roberts With the month of February now officially in the books, we can take a look at our long-term monthly indicators to see what they are telling us now. Is the bull market back? That’s the answer we …
via upfina: The December retail sales report was so terrible that it implies a recession is coming soon if the data is accurate. There’s always a chance the data is incorrect because these results are revised. This time there is a …
by feistypenguin There are many benefits to homeownership, but home maintenance can send you into a debt spiral if you don’t have a pile of cash on-hand for emergencies (i.e. $5-10k at least). Otherwise you may need to borrow against …
by gorillaz0e Graph of this issue: https://pbs.twimg.com/media/DqyqT0fWkAEiv0S.jpg October was a rough ride for U.S. stocks, which despite regaining a portion of the month’s losses Wednesday ended as one of the worst months since the financial crisis. The S&P 500 lost $1.91 …
by I_need_one_dollar Found this link on the ssa.gov website: https://www.ssa.gov/pubs/EN-05-10070.pdf There are step by step instructions on Page 2 (https://imgur.com/IsptZqk.jpg). I followed all of the steps. Created an Excel spreadsheet with the following columns: Year, Maximum Earnings, Actual Earnings, Index Factor, …
Holy Shit did You know the last time UST10Y tagged 200sma (monthly) it was during the 1987 CRASH pic.twitter.com/qhoa2VLU93 — Alastair (@StockBoardAsset) October 5, 2018 Excess liquidity vs. US 10yr 12 mo lead pic.twitter.com/Xm9JgsRO6N — Teddy Vallee (@TeddyVallee) October 5, …
Industrial Metals & CRB Index slammed
by Rocksteady2323 I thought this community might find this interesting. Tracks the life of my wife and I over the last 7 years and how our cost of living and salaries have changed over time. There’s some decent insights!
via Jill Mislinski Here is a summary of the four market valuation indicators we update on a monthly basis. The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the trailing 10-year earnings as the divisor (more) The Q Ratio, …
This is sad to see as the “new standard.” The term of auto loans is increasing as well. A lot of loans today are originated on 72 or 84 month repayment schedules, which is absolutely insane. via CNBC: The average …
by cbus20122 So a little while back, I created a post discussing aggregate consumer debt, and how it might be something we should be worried about. There were some good discussions and good points brought up. The discussion was largely predicated …
via Zero Hedge: Vladimir Putin recently addressed the need for Russia to move away from USD-denominated trade, especially in the oil market. Russia continues to take actions on two fronts to make this a reality; they are an active participant …
Source The difference between a successful investor and one who makes consecutive losses is the ability to make timely sales and purchases using appropriate trading methods. Of course, leveraging any additional information gives someone an advantage over other traders but …
by Phil Sometimes we forget the basics. In our video series, there’s a lesson called “The Secret to Consistent 20-40% Annual Returns on Stocks” and I hope you’ve seen it. Although the low implied volatility of the market has made …