via CNBC: Tesla cut prices in the United States between 2% and nearly 6%, its website showed on Thursday, as the company extends a discount drive on its electric vehicles that analysts caution could hurt profitability. The fifth such cut …
by Chris Black When Putin met with Xi last month in Moscow, they did a toast “to Biden, for bringing us together.” This appears to be applying to every country outside of the direct control of the United States. Russia …
"At the beginning of Q2 a new narrative emerged: A spike in oil prices would reignite inflation and crash Tech stocks". No one saw it coming. Q1 bonus accrual. In the bank. pic.twitter.com/htUUuodL5x — Mac10 (@SuburbanDrone) April 3, 2023 THE …
Unprecedented Surge: German Supermarket Prices Skyrocket as Food Inflation Hits Record 22.3% in March!#Recession pic.twitter.com/xRLVeSYACQ — Lee Golden (@LeeGolden6) March 31, 2023 German retail sales have been -ve since the war Since it's plagued by negative real wages, it's highly …
This isn't a good sign. Cost of living continues to rise for many Americans. – 66% of consumers live paycheck-to-paycheck – 40% are behind on bills – Near $1T record-levels credit card debt What happens if the economy materially slows …
A decent, safe, and affordable home is something all Americans need to thrive. For decades, low-income families have struggled to have access to affordable rental homes, but now this is a huge problem for the middle class, too. Millions of …
by confoundedinterest17 The Federal Reserve is in retreat and housing prices reflect the retreat. Case-Shiller’s national home price index slowed to 3.79% YoY in January as The Fed slows its money printing. All 20 cities were down MoM in January with Seatlle declining …
Gold prices have more room to rise and could go as high as $2,600 per ounce. Investors have been turning to gold and Treasurys after the collapse of Silicon Valley Bank and Credit Suisse’s struggles. Gold’s all-time high was $2,075 …
Wait What?!.., pic.twitter.com/TmNqG0i2EE — 𝕰𝖒𝕲 (@Emilio2763) March 15, 2023 That shows $59.99 for the 16pc, I checked online the 16pc, $47.99 h/t javierruizleon
The annual inflation rate is at 6.0% down from 9.1% in July 2022 but still higher than any time since the 1980s. Inflation was at 1.4% under President Trump when Joe Biden took office. Real wages dropped for the 32nd straight month. …
by Shaun Richards The ebb and flow of economic events gives us the opportunity to update ourselves on the central bankers favourite topic. We will probably never know how much fears about house price falls influenced the way they dithered, …
by Quant2011 Its unlikely people in Tokyo, Berlin or Beijing work less or create less advanced products or services in real economy. If you can name any other prime factor why housing is the most expensive n HK/SG/NY/London – i’m …
via Fox Business U.S. home prices could tumble as much as 20% as the highest mortgage rates in two decades threaten to trigger a “deep global housing slide,” according to research from the Federal Reserve Bank of Dallas. The global housing market has become increasingly …
by confoundedinterest17 Treasury Secretary (and former Federal Reserve Chair) Janet Yellen kept saying inflation was simply transitory. And for a while, the US saw cooling inflation. But we just saw ISM Manufacturing prices paid rise in February for the second …
by Jesse Felder When it comes to technical analysis I subscribe to the KISS philosophy: Keep It Simple, Stupid! The more complex it gets, the more the study of charts and price patterns loses its usefulness, in my opinion. In this …
Caption: Chris Williams of Natural Solar, Micha Grueber – CFO & Co-Founder 1KOMMA5° and Philipp Schröder – CEO 1KOMMA5° Dive into the ins and outs of power control in homes and businesses soon, with 1Komma5° and its Heartbeat technology. Australian …
“SoCalGas said the average bill in January for its 21.8 million customers was about $300, more than twice the average of January 2022 — and homeowners with pools or many rooms to heat have reported being charged north of $2,000. …
https://www.youtube.com/watch?v=DM-qxiUIo-A Can you believe that in the world’s richest country, 30 million people are on the brink of a hunger cliff because they simply cannot afford rising grocery prices? Yes, you heard that right. Nearly 10 percent of the U.S. …
"Many clients are generally bearish on stocks at current prices given the earnings risk, but they are unwilling to sell into the strength for fear of missing out on a further rally" –MS pic.twitter.com/7FVxfVYz9N — Gunjan Banerji (@GunjanJS) February 13, …
by: Roy Green (Natural News) The global food supply is far from steady. In fact, it is currently shaky because of high prices and low supply – prompting nations to halt food exports for now. Extreme weather such as the harsh winter …
If you’re a renter, are you also feeling the pinch of rent prices right now? With mortgage rates soaring and forcing many would-be homebuyers to back out of the housing market over the past year, demand for rentals is at …
by Dismal-Jellyfish ‘In January, Manheim Market Report (MMR) values saw price increases that were not typical.’ Remember, falling used vehicle retail prices exerted big downward pressure on “core CPI”. This must make JPow nervous… I want to call out the …
1) Homebuyer Demand for Builders (measured by Buyer Traffic) is hovering near the lowest levels EVER right now. Comparable to 2007-12 Housing Crash. And April 2020 when lockdowns meant no one could tour building sites. pic.twitter.com/HJzx91Akzx — Nick Gerli (@nickgerli1) …
Source: https://wolfstreet.com/2023/01/25/bank-of-canada-were-pausing-to-assess-whether-weve-done-enough-hikes-by-1-4-to-4-5-qt-continues/ h/t BoatSurfer600
by confoundedinterest17 U.S. oil refining margins, also known as the 3-2-1 crack spread, jumped to a three-month high on Tuesday — and that’s an indication the country faces an ongoing product shortage that might lead to higher gasoline and diesel …
Daily national average prices of regular unlead gasoline are up 5.3% this month pic.twitter.com/psRwQJTihN — Michael J. Kramer (@MichaelMOTTCM) January 20, 2023 https://twitter.com/MFHoz/status/1616147547705470976
by Shaun Richards Last week brought some news which caught my eye. On Thursday Bloomberg told us this. Germany’s housing boom is over as prices for residential properties dropped for the first time in over a decade. For newer readers …
