by Chris Black Jerome Powell, the genius running the FED, has decided to keep interest rates at zero or near zero and also stop referring to inflation as “transitory.” He used his genius brain to realize that printing more money …
by The Phoenix By Graham Summers, MBA And there it is: REAL inflation of 9%! I’ve noted many times in the past that the official inflation measure, the Consumer Price Index, or CPI, is gimmicked to the point of fiction. The reason …
by Tom McClellan The Federal Reserve Open Market Committee (FOMC) is still stuck at 0-0.25% as its target for the Fed Funds rate. This is the interest rate at which commercial banks lend each other money overnight to balance their deposits …
https://twitter.com/farrisbaba/status/1466504740943110149 https://twitter.com/RetirementRight/status/1466506141907570690 https://twitter.com/RetirementRight/status/1466506248191287297 US Consumer: 3 different opinions… One common theme = less joyful pic.twitter.com/Vrvxuf6LmP — Callum Thomas (@Callum_Thomas) December 2, 2021 MISSING: Fed's definition of "average" "Yet it never figures in any of the Fed’s otherwise logorrheic forward guidance …
Wait, are there NIMBYs in the metaverse? — Ramp Capital (@RampCapitalLLC) December 1, 2021 “This is like buying land in Manhattan 250 years ago as the city is being built.” We have lost our f*cking minds. h/t Ok-Cauliflower7356
The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning January 1, 2022. The rates are: • Three (3) percent for individual overpayments (refunds) • Three (3) percent for individual underpayments (balance due) …
by Shaun Richards As we come towards the end of 2021 we are seeing two clearly different approaches to central bank around the world. That is if we exclude my topic of yesterday which was Turkey which is ploughing a …
Daryl Fairweather, Redfin chief economist, joins Yahoo Finance’s Zack Guzman and Akiko Fujita to discuss where financial pressures and rising mortgage rates may be projected to occur in the housing market.
Global Inflation Rates… pic.twitter.com/qOlu4vYcSB — Charlie Bilello (@charliebilello) November 19, 2021 If you were wondering what the next stage was after “there is no inflation” and “it’s not much inflation” and “it’s just transitory,” and “it’s actually good for …
By Lance Roberts Do rising interest rates matter to the stock market? Many in the financial media and advisory community are scrambling to locate periods where rates rose along with stocks. Has it happened? Absolutely. However, it was only a …
by confoundedinterest17 Is the US at full employment? That is, is the US at REALISTIC full employment? And if the US is at realistic full employment, why is The Federal Reserve keeping rates at 25 basis points?? Let’s start with the …
If the Fed doesn’t act, he warns rising prices could send shockwaves through the economy. “They’re in denial. They continue to harbor the view that these are transitory Covid-related rebound effects,” the Yale University senior fellow told CNBC’s “Trading Nation” …
https://www.cnbc.com/2021/11/15/gam-entirely-possible-that-well-see-low-interest-rates-forever.html Interest rates could remain at their record lows “forever,” according to one asset manager, despite a recent rush to normalize policy by many of the world’s central banks. GAM Investments’ Julian Howard told CNBC’s “Squawk Box Europe” last week …
by The Phoenix Why is the Fed so worried about tapering QE and raising rates? Think about it… The Fed launched this current version of QE in a single day. Why does it take SIX months for the Fed to end …
by confoundedinterest17 The Shadow Knows! Wu-Xia employs an approximation that makes a nonlinear term structure model extremely tractable for analysis of an economy operating near the zero lower bound for interest rates. It can be used to summarize the macroeconomic effects …
by m4329b Given the 6.2% YoY CPI reading that came out today I looked at the relationship between the Fed Funds Rate and CPI. This is the largest gap between interest rates and the inflation rate in the modern era. …
by confoundedinterest17 The Freddie Mac 30-year mortgage survey rate fell below 3% today to 2.98%. And with today’s abysmal inflation report, the REAL 30-year mortgage rate fell to -3.13%. Yes, President Biden is asking his economic council to do something about …
by laflammaster Caption: Sunac https://www.fitchratings.com/research… Caption: Times China https://www.fitchratings.com/research… Caption: BoA Meryl Lynch https://www.fitchratings.com/research…
by Shaun Richards It was only yesterday we took a look at a central bank raising interest-rates and operating in a conventional manner. Today we can note what is pretty much a binary opposite which is the European Central Bank …
The combined federal and state top marginal income tax rates for each state under the Democrat bill are listed below. Please visit the Tax Foundation website for a handy map of the below rates compiled by Alex Durante and William McBride: New York: 66.2% …
OPINION: Our current economic success is a debt-fuelled Ponzi scheme where everyone has a stake in the fictional statements issued each month. The party is going to end and it will not be pretty. Since the Great Depression, Western economies have run a …
Eurozone October Composite PMI flash estimate at 54.3, at 54.2, which is a six-month low. The activity index fell in October Recovery is slowing sharply. Cap Economics pic.twitter.com/O9a0llWFZn — Daniel Lacalle (@dlacalle_IA) November 4, 2021 For those of us who …
This isn't right, gang. Zero interest rates when the market looks like…this?? If you're in this industry and still keeping your mouth shut, you're the problem. Those of us 40, 50, 60 years old don't need our stocks to go …
BY JOHN RUBINO Australia has been in the news lately over its aggressive response to the pandemic. But the bigger Down Under story might end up being interest rates. It seems that Australia’s central bank (RBA) had, like the Fed and ECB, …
By Michael Lebowitz History Warns The Fed Will Raise Interest Rates More, Not Less “Currently, the December 2019 Fed Funds futures contract implies that the Fed will reduce the Fed Funds rate by nearly 75 basis points (0.75%) by the …
Howe Street, Released on 10/30/21 Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.
NEW: Fla. Gov. Ron DeSantis said, “The nation reported adding 194,000 jobs in September, and Florida accounted for 84,500.” The numbers are real, but they aren't really comparable. https://t.co/PGawkNcfnK pic.twitter.com/yiZMBg2yyJ — PolitiFact (@PolitiFact) October 27, 2021 h/t Glenn
Michael Pento interviewed on USA Watchdog by Greg Hunter In June, economist and money manager Michael Pento warned the Fed was going to kill the economy by “tapering” the easy money policies. Instead, the Fed ignored inflation, which is obviously not transitory and has …
by confoundedinterest17 Mortgage purchase applications rose 3.24% from the previous week, according to data from the Mortgage Bankers Association. However, purchase applications are down 9.3% from Mortgage refinancing applications declined -1.57% from the previous week as mortgage rates rose from 3.23% …
by confoundedinterest17 https://www.redfin.com/news/housing-market-update-pending-sales-up-47pct-from-2019/According to Redfin, forty-four percent more homes are pending sale than at this time in 2019, but only 3% more homes recently hit the market—down from 12% growth over 2019 just 7 weeks prior. As a result of the severe …