Bidenville! Case-Shiller 20 Metro Home Price Index Growth Goes Negative (-1.15% YoY In March, Seattle Down -12.43% YoY, SF Down -11.22%) While Commercial RE Price Growth Went Negative Too May 31, 2023 7:09 pmMay 30, 2023 10:06 am
Biden’s Broken Economy! April’s US Existing Home Sales Plunge -22.6% Since Last Year For 17th Straight Month Of Negative Growth (23 Straight Months Of Negative REAL Wage Growth) May 25, 2023 6:34 pm
Treasury could run out of cash by Friday… If spending continues at current elevated pace, the balance will be NEGATIVE $18 billion by Friday. May 23, 2023 10:07 pm
Today’s data confirms that Machinery orders in Japan are trending downwards. The possible explanation is that the inventories are ample, and demand, as measured by real sales, is negative in the US. As a result, a further downturn in US industrial production is imminent May 23, 2023 10:26 amMay 22, 2023 10:08 pm
US Housing Starts In April Crash -22.3% Since Last Year, 12 Consecutive Months Of Negative Growth (But Up 2.19% From March) As Fed Crashes M2 Money Growth May 17, 2023 11:43 am
Biden’s Inflation Nation! REAL Weekly Wage Growth Negative For 25 Straight Weeks, REAL Home Price Growth At -3.5% YoY As M2 Money Growth At -4.1% YoY (Largest Drop In REAL Home Price Growth Since 2012) May 15, 2023 6:10 amMay 14, 2023 6:42 pm
From the Fed’s Beige Book: “Outlooks were largely negative, and contacts voiced concern about weakening demand, a potential recession, and the spillover effects of the recent bank failures on the broader economy.” “Many expressed concerns about the potential for a recession in the coming year.” April 19, 2023 8:06 pm
Worst Ever: 70% of the public holds negative views about the economy both now and in the future, according to the latest CNBC All-America Economic Survey. April 18, 2023 10:15 pm
US Banking System Outlook Downgraded to ‘Negative’… Fallout from U.S. Bank Failures Spreads Around the World March 16, 2023 10:44 amMarch 15, 2023 3:28 pm
In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B. March 14, 2023 4:11 pm
US Pending Home Sales UP 8.1% MoM In January, But Down -22.4% YoY (Negative YoY Growth For 19 Of Last 20 Months) February 27, 2023 3:18 pm
Inflation Nation! US REAL Average Hourly Earnings Negative For 22 Staight Months In January As Inflation Heats Up … Again (CPI Rises 0.5% MoM, Food Rises 11.3% YoY) February 14, 2023 10:02 pm
US healthcare has hit the law of diminishing returns and the more they spend seems to have a negative impact January 28, 2023 5:06 pm
Real Wage Growth Now Negative For 21 Straight Months January 18, 2023 3:07 pmJanuary 17, 2023 12:21 pm
St Louis Fed: Negative SCI growth for more than 26 states. Recession official? January 4, 2023 12:16 pm
Kamala Harris is demanding a negative COVID test if newly-elected senators want a photo taken with her January 2, 2023 9:11 pm
US Existing Home Sales Plunge -35.4% In November, 16 Straight Months Of Negative YoY Growth (Median Price YoY Falls To 3.21% As Fed Stimulus Wears Out) December 22, 2022 7:02 pm
Trump reported NEGATIVE income as president! Only paid $750 in taxes! Paid $0 in taxes because of “COVID” December 21, 2022 9:06 pm
Stimulypto! US REAL 10Y Yield, REAL Fed Funds Target Rate And REAL Wage Growth Have Been Negative Under “Inflation Joe” Biden And Overly Generous Fed December 18, 2022 7:41 pm