Fourth of July expected to bring near record travel volumes Nearly 1.5 million Georgians are expected to give in to wanderlust over the Independence Day holiday, which would make it the second most traveled July 4th on record and comes …
Iran’s new President says he will not meet with President Biden and calls on the U.S… Donald Trump Blames Election Loss on Pence Certifying Biden’s Win… The number of Americans relying on Medicaid swelled to an apparent all-time high during …
https://twitter.com/UPFINAcom/status/1405677266332434435 You want to know how it looks like a 💣TICKING BOND💣? US high-yield corporate bonds' real yield turned negative. @SaxoStrats @saxomarketcall @saxobank pic.twitter.com/T9M1F2qSGa — Althea Spinozzi (@Altheaspinozzi) June 17, 2021 In summary, the prospect of a rate hike two …
US FED ACCEPTS $755.8 BLN IN DAILY REVERSE REPO OPERATION, AWARDS AT 0.05 PCT TO 68 BIDDERS – NY FED — *Walter Bloomberg (@DeItaone) June 17, 2021 Today's repo size is like 3.5% of GDP. — SolidusMax (@SolidusMax) June 17, …
ROARING 20S: Aspen Mansion Sells for Record $72.5 Million… A mansion overlooking downtown Aspen has sold for $72.5 million, according to two people familiar with the deal. Appraiser Jonathan Miller said the transaction sets a price record for a single-family …
by confoundedinterest17 The Producer Price Index Final Demand rose 0.8% MoM in May. ddd US CPI YoY and PPI Final Demand YoY are tracking nicely. Of course, home prices are growing at 13.19% YoY. Consumer purchasing power continues to decline. Will …
How do you sell more new vehicles when they last longer every year? You don’t! Over two decades of stagnation in vehicle sales interrupted by plunges. By Wolf Richter for WOLF STREET. The average age of all cars and light trucks on the …
The “quits rate” hit a record 2.7% in April. Private workers quit at a record 3.1% rate. Quits Levels and Rates Quits Levels and Rates are part of the BLS’ monthly Job Openings and Labor Turnover report. Quits are the number …
https://youtu.be/IviMNUXFMwI Taken from: AMC Stock – The FEDS are DONE with Hedgie Games. End game is coming. https://www.youtube.com/watch?v=pNWu2… h/t Stephanie Shepard
Is inflation “only transitory?” Is the May 2021 inflation numbers the peak for inflation? Consumer prices jump 5% in May, fastest pace since the summer of 2008 https://www.cnbc.com/2021/06/10/cpi-m… Shadow Stats 1980 CPI Inflation formula says 13% inflation (Updated June 10 …
Back in 2008, during the global financial crisis, business confidence in Australia took a hard tumble. Curiously, that low marked the start of a multi-year rally in the ASX 200. Watch our Asian-Pacific expert show you the latest position of …
About 4 million workers in the US quit in April, a 20-year record, the Labor Department said. There were 9.3 million job vacancies at the end of April, another 20-year record. Job vacancies rose the most in the accommodation and …
by confoundedinterest17 This reminds me of the film “The Reaping.” The Fed’s overnight reverse repo facility hit a new record high on Tuesday, rising to an all-time high of $497.4 billion. The New York Fed conducts overnight reverse repo operations each day …
by confoundedinterest17 (Bloomberg) — The dollar slipped and benchmark Treasury yields slipped to a one-month low as investors braced for Thursday’s U.S. inflation report that may give clues on the direction of monetary policy. The greenback weakened against all of its nine developed-world …
Minneapolis’ sweltering heat this weekend is going to stick around for at least a week, and maybe longer. Driving the news: Daily high temperatures set records on both Friday and Saturday at Minneapolis-St. Paul International Airport. A high of 99° recorded there on …
Is this China’s version of the Hadron Collider??? An Old friend once told me the last words spoken on earth will be from a scientists, the words spoke… OH SHIT! I am beginning to think that he is going to …
Housing boom may be cooling as weekly mortgage demand drops again The average interest rate for 30-year fixed-rate mortgages decreased to 3.17% from 3.18% last week, but the Mortgage Bankers Association said applications for a mortgage to purchase a home …
by Shaun Richards Today I am reminded of the sequence in one of The Matrix series of films when the Frenchman tells us about cause and effect. That is because as I wait for another signal of the cause we …
https://www.youtube.com/watch?v=_myASuaF5Wc Business owners are warning the public that they are being forced to increase their prices by 50%, 100%, 150%, and sometimes more just to stay in business. Bankruptcies are increasing around the country. Massive inflation is a warning for …
The Big Short mess that occurred with risky bets on debt are in the same situation today. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in …
Federal prosecutors are trying to seize a $15 million fishing compound in Colorado and $77.9 million in a Swiss bank account linked to an alleged fraud by billionaire Robert Brockman, who was indicted last year in the biggest U.S. tax-evasion …
Wall St. For Main St., Released on 5/26/21 Tuesday, May 25th 2021 over $430 billion was parked at the Fed’s overnight repo facility, a new record. Over 40 counter parties supposedly parked cash there because of how US and European …
Thanks to the market’s recent run-up and increased savings, retirement account balances have now surpassed pre-Covid highs. The number of 401(k) and IRA millionaires also hit an all-time record in the first quarter of 2021, according to Fidelity. Although the …
The Repo Crisis is back! We have also seen corporations that have used stock buybacks to record levels. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped …
President Joe Biden, while touting his $174 billion electric vehicle (EV) plan, ignored his record of allowing Chinese investors with ties to the Chinese Communist Party to buy up key parts of the American EV industry. During a speech at …
This just in: Margin debt reached a new record high in April: pic.twitter.com/EKYKrfobfb — Mac10 (@SuburbanDrone) May 18, 2021 Fund managers are shedding their Tech holdings rather quickly @SoberLook @BankofAmerica pic.twitter.com/JENLl41uhI — Liz Ann Sonders (@LizAnnSonders) May 18, 2021 https://twitter.com/MFHoz/status/1394702054350901253 …
by Ryan McMaken of Mises Institute The Treasury department has issued its spending and revenue report for April 2021, and it’s clear the US government is headed toward another record-breaking year for deficits. According to the report, the US federal government collected $439.2 billion …
via DelphiCapital Note: this post has been expanded from the 5 companies in the title to 11 companies also including Snowflake, Airbnb, Qualtrics, Affirm, Deliveroo and Opendoor. 11 of the biggest COVID tech IPOs in 7 different categories (cloud, crypto, gig …
