by confoundedinterest17 The housing and mortgage markets are suffering with impending recession and Fed monetary tightening. MBS returns extended their negative run during their worst year on record as 10-year Treasury yields topped 4% and the trend in MBS spreads …
by Boo_Randy The mighty Mississippi is a vital transportation corridor for moving agricultural products like corn and soy down-river. If the barges stop moving, that is going to have a big impact on food distribution. https://www.aljazeera.com/news/2022/10/28/drought-stricken-mississippi-river-creates-woes-across-us-region Near-record low water levels …
by confoundedinterest17 Alarm! US home prices are decelerating as inflation rages and The Fed tightens. Home price growth in the US slowed the most on record as a doubling of borrowing costs (thanks to the US Federal Reserve) has sapped demand. A …
Annual food price inflation picked up to 85.8 percent from 84.6 percent in August, while prices of non-food items rose 62.8 percent. Sri Lanka’s Central Bank Governor Nandalal Weerasinghe predicted earlier on Thursday that inflation in the island nation is …
Congressman Alex Mooney (R-WV) has introduced the Gold Standard Restoration Act to restore the purchasing power of the U.S. dollar and protect the currency from rising inflation. “The gold standard would protect against Washington’s irresponsible spending habits and the creation …
Local ABC affiliate KABC-7 reported: The average price of a gallon of self-serve regular gasoline in Los Angeles County rose seven-tenths of a cent to a record $6.466 Monday, topping the previous high of $6.462 set June 14. The average …
by Boo_Randy 2/ CDS are a bit hard to understand, so instead I'll focus on the bonds. The 2025 Credit Suisse bonds pictured below trade at 6.4%. Compare this, for example to Ukraine 2025 debt trading at 67%. Talking about …
SNIP The robot, dubbed Cassie, took to the track at the school’s Whyte Track and Field Center and ran the 100 meters in 24.73 seconds. Cassie previously managed to run a 5-kilometer (3.1-mile) course in 2021 in just over 53 …
“China’s yuan ends at weakest since global financial crisis, hits record low offshore” SHANGHAI (Reuters) -China’s onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the dollar since the global financial crisis of …
A team of long-range shooting experts in Wyoming set what appears to be the new world record for the longest rifle shot ever completed: 7,774 yards or 4.4 miles. Scott Austin and Shepard Humphries led the team from Nomad Rifleman, …
The nation sighed in collective relief earlier this month when new Prime Minister Liz Truss announced an unprecedented £150billion energy support package that would see typical annual domestic energy bills frozen at £2,500 for two years. The news will be …
Sterling fell to $1.1407 in afternoon trade in London — a level not seen in 37 years — as investors responded to the U.K.’s darkening economic landscape with a new prime minister at the helm. British Prime Minister Liz Truss …
JUST IN – Germany's producer price inflation surges by a staggering 7.9% to 45.8% in August — the highest increase since the survey began in 1949. — Disclose.tv (@disclosetv) September 20, 2022 Another month, another bizarre record in German (producer) …
A key measure of US income inequality rose to a new record in 2021, the first year of President Joe Biden’s term. The so-called Gini Index rose by 1.2% last year to 0.494, according to data released Tuesday by the …
by Chris Black Frankly, this is kind of a chad move. On some level, you can’t help but appreciate the Biden Administration’s “let the peasants rot while we dance” attitude. You can’t really say that the American population, of all …
by Mac Slavo of SHTFplan Renters in the United States are really starting to feel the financial pinch as rents hit record highs once again. For the last 17 months, rent has been hitting new highs each month. The pressure on renters is …
(Bloomberg) — Country Garden Holdings Co. said first-half earnings plunged 96%, the most since its 2007 listing in Hong Kong, as China’s property crisis engulfed the nation’s largest developer by sales. Unaudited net profit slumped to 612 million yuan ($88 …
via WOLF STREET: Inflation in the Eurozone jumped to 9.1% in August, a new record in the Eurozone data going back to 1997, according to preliminary data released today by Eurostat. It topped out at 25.2% in Estonia. Germany hit at …
Guess they didn’t think that was a problem. Or maybe in their small pathetic mutant minds they think that if they quit it will somehow absolve them of the unethical practices they can be held liable to in court 🤔. …
https://twitter.com/GreekFire23/status/1560699099795828736
By Tsvetana Paraskova Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on Tuesday amid low Russian gas supply and a heatwave constraining supply and output …
🇺🇸 #Housing | Home Inventory Soars at Record Rate With US Buyers Pulling Back – Bloomberg*Link: https://t.co/jpr5LnpneT pic.twitter.com/Q0LKiapReR — Christophe Barraud🛢🐳 (@C_Barraud) August 10, 2022
The amount of #rain that has fallen in the northern half of south #Korea lately is simply absurd and it is still comin down, albeit thankfully gradually migrating southward, 8 inches could fall within the next 48 hours, just south …
By Julianne Geiger Saudi Arabia hiked its OSPs for September loadings to Asia to new highs. Arab Light to the Far East is now set at $9.80 over the Oman/Dubai Benchmark. Saudi Arabia also raised the price of crude oil …
by silvertomars Buckle up kids
by EuphoricTrilby What the ‘Misery Index’ Really Means: Midterm Misery for Democrats. Biden Pushes Massive Tax Hike on Workers as Recession Begins: Could the timing here get any worse? Why Team Biden might be purposefully grinding down the middle class. …
