Sydney’s hot property market could be heading for a crash if regulators don’t step in to slow things down. That’s the message from the International Monetary Fund and comes just days after two of our major banks issued their own …
by confoundedinterest17 New Home Sales beat expectations thanks to the massive monetary stimulus in the system that The “Hawkish” Fed seems to not want to withdraw. Aka, Greenman! (Bloomberg) — Aug. new home sales rose 1.5% to 740,000 annual rate …
It has begun. Shortage stories from Swedish supermarkets only this summer include: “We have had zero sugar delivered in the past three weeks” “We’re currently unable to source canned tomatoes” “There’s no pasta available at the wholesalers” “Dear customer, due …
via silverdoctors: Prices for food are soaring as shelves are emptying across the country. It’s reached a point where most people have seen and felt… Prices for food are soaring as shelves are emptying across the country. The consumer price index …
by confoundedinterest17 I certainly hope The Federal Reserve starts normalizing interest rates. Hold that Fed tiger! (Bloomberg) — Sales of previously owned U.S. homes fell in August, suggesting that demand is moderating as lean inventory and high prices squeezed out some buyers. Contract …
CNBC, Released on 9/21/21 CNBC’s “Squawk Box” team discusses Evergrande’s debt burden and whether it is a symptom of deeper China issues with Kyle Bass of Hayman Capital Management. Kyle Bass is an American hedge fund manager. He is the …
Keep printing… Global food prices jump 33% in August from a yesr ago. pic.twitter.com/tFFMGfAXfL — Daniel Lacalle (@dlacalle_IA) September 16, 2021 Electricity prices in Europe…. pic.twitter.com/c7Zdjyd24d — Russian Market (@runews) September 16, 2021 *ECB ALSO TO STUDY REPUTATIONAL, OPERATIONAL …
by confoundedinterest17 The US Bureau of Labor Statistics released their Real Earnings Report for August yesterday. And is it pretty depressing for US workers. Real average hourly earnings for all employees increased 0.4 percent from July to August, seasonally adjusted. This result stems …
by confoundedinterest17 US inflation remained about the same in August as it was in July. CPI YoY fell ever so slightly from 5.4% in July to 5.3% in August. Real hourly earnings remain negative. The source of consumer inflation? Gasoline prices rose …
https://twitter.com/leadlagreport/status/1437892026276663301 Price increases over last yr (CPI report)…Gasoline: +42.7%Used Cars: +31.9%Gas Utilities: +21%New Cars: +7.6%Overall CPI: +5.3%Electricity: +5.2%Food away from home: +4.7%Transportation: +4.6%Apparel: +4.2%Food at home: +3.0%Shelter: +2.8%Medical care service: +1.0% — Charlie Bilello (@charliebilello) September 14, 2021 Global Debt …
Energy Prices in EU Hit Record After Wind Stops Blowing – 😂 Heavy reliance on wind power, coupled with a shortage of natural gas, has led to a spike in energy prices. https://t.co/D7MoUuHRS0 — Ben Tallmadge (@BenTallmadge01) September 14, 2021
Trouble Is Brewing Beneath The Surface Of The Stock Market Summary Slowing growth is here and already has been picked up by the more economically sensitive parts of the market. There are fewer and fewer stocks leading the markets higher. …
by confoundedinterest17 Producer prices are getting hot, hot, hot! (Bloomberg) — Prices paid to U.S. producers increased in August by more than forecast as persistent supply chain disruptions squeeze production costs higher. The producer price index for final demand increased 0.7% from the prior …
by: Mary Villareal (Natural News) A new report from the Food and Agriculture Organization (FAO) noted that global food prices are on the rise to near-decade highs. The Rome-based organization released a statement that said after two consecutive months of declines, the world …
by confoundedinterest17 Slowdown! Forecast home price growth for July 2022, that is. (Bloomberg) — U.S. home prices increased 18% in July compared to a year earlier, according to a CoreLogic Inc. report released Tuesday. The jump is the largest 12-month gain in the index …
*via easy money, record profits, overvalued equity prices – global M&A activity has hit nearly $4T YTD The big companies are getting bigger (dominating markets) as corporate concentration gets worse and driving further inequality Competition is fading faster and faster …
Gas prices in California, which are already the nation’s highest, are poised to climb further on Monday as a state gas tax increase goes into effect. The tax increase of 5.6 cents a gallon is the latest uptick in the …
by Arkadiusz Sieron of Sunshine Profits US home prices are surging, increasingly raising worries about inflation. Could gold follow houses? If so, why? Home price growth in the US has accelerated even further, reaching a new record. The S&P/Case-Shiller U.S. National Home Price …
Michael Pento with Patrick V. on Silver Bullion TV SBTV spoke with Michael Pento, founder of Pento Portfolio Strategies, about how the Fed’s Taper Tantrum specter will affect markets. If the last taper exercise could not raise rates beyond 2.5%, the Fed knows they …
Louisiana electrical infrastructure is set back as high voltage cable towers crumble and the largest eight cable tower falls into the Mississippi River blocking barge and ship traffic. Gas prices at seven year highs and if you buy an electric …
by Chris Black https://twitter.com/CNBCTV18Live/status/1432616860030156804 As demand roars and China supply is curbed (because some climate change BS), aluminum prices just went through the roof, getting very close to historic highs, i.e. $3,300 a ton. Currently, a ton of aluminum is …
The rent is ‘too damn high’ Apartment List National Rent Report https://t.co/KeEDtEpian — Peter Boockvar (@pboockvar) August 31, 2021 Since January 2021, the national median rent has increased by a staggering 13.8 percent. To put that in context, rent growth …
by confoundedinterest17 Fed’s Favorite Inflation Measure Surges At Fastest Pace In 30 Years As Spending, Incomes Rise! Federal Reserve Chairman Mao Powell will be speaking at 10am EST in his virtual Jackson Hole KC Fed Conference speech. He might actually save his blockbuster …
by confoundedinterest17 For your viewing pleasure. Looks an awful lot like 2005 before the housing price crash, financial crisis and Great Recession. US home prices, HOUSING inflation, is growing at 16.61% YoY, GDP Price index QoQ (annualized) is growing at …
KABUL, Aug 22 (Reuters) – A week after the Taliban’s lightning seizure of Kabul, growing numbers of people in the Afghan capital are facing a daily struggle to get by with their jobs gone, banks still shuttered and food prices …
by: Mary Villareal (Natural News) Food prices in July were up 31 percent from the same month in 2020, according to the United Nations Food and Agriculture Organization. This rise is fueled by supply chain disruption and extreme weather conditions. Central …
by Shaun Richards One of the curious impacts of the Covid-19 pandemic has been the boom in house prices we have seen in so many places. If you think of the economic disruption and declines the economic theory would have …
Owners’ equivalent rent of residences, which makes up almost a quarter of the consumer price index, rose 2.4% in July from a year earlier versus reality where rents on newly signed leases surged 17% in July when compared to …
Empty grocery shelves are everywhere. It’s a major problem all across the nation and consumers have been expressing their frustration with the lack of supplies and the soaring price of everything. More than one year later, the health crisis continues …
by confoundedinterest17 The NAHB Homebuilder confidence index dropped to a 13 month low as building materials rise by 19.4% YoY. Of course, then we have the University of Michigan conditions for buying a home crashing as well. Rising home prices and …