Florida remains only bright spot…

West coast collapse accelerating: Seattle and San Fran double digit declines Y/Y; San Diego, Vegas, Portland, Phoenix, LA, close behind Florida remains only bright spot pic.twitter.com/kMBKHtF2Qe — zerohedge (@zerohedge) May 30, 2023 NYC lost 5.3% of its population — nearly …

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TWITTER/ WEF – If the rumours are true Linda Yaccarino is to be the new CEO of Twitter. Strange that the WEF has cleared of references to her, as has the now deleted part of her LinkedIn page. But the evidence remains. Oh dear

by UniversalSurvivalist The system is utterly rigged, eventually this information will come to an end and you’ll be on your own, get clued up while you can. Twitter’s new CEO – Linda Yaccarino and her résumé: pic.twitter.com/CZiAhvPxYo — NANCY✊ (@9NewsNancy) …

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Retail sales are rebounding, and the job market is stronger than ever. Inflation remains sticky and elevated.The FED will be forced to tighten more than expected.

https://twitter.com/MFHoz/status/1625912730979794952 2-year inflation across the US and the EU. This shows price increases in the past 24 months (measured from Jan 2021 to Jan 2023). US 2-year inflation is 14%. 🇺🇸EU 2-year inflation is 17%. 🇪🇺(both underreport the data with …

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Don’t Be Misled By The Low US Unemployment Rate, It Goes Low Just Prior To A Recession (Treasury Curve Remains Deeply Inverted, Mortgage Rates Rise)

by confoundedinterest17 Biden’s State of the Union address saw him bragging about his record job creation (actually, it was the private sector, not Biden than created jobs) and historic unemployment rate. What Biden didn’t mention (along with not discussing the porous …

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When labor market remains tight & inflation remains elevated, the result is higher wages. The FED has to raise rates further otherwise inflation will bounce again.

When labor market remains tight & inflation remains elevated, the result is higher wages. JOB VACANCIES / UNEMPLOYMENT RATE RATIO The FED has to raise rates further otherwise inflation will bounce again. pic.twitter.com/f5AAsxMSUD — Alessio (@AlessioTMAD) December 10, 2022

Stock market to puke on open; Treasury yields surging on inflation/recession expectation

Real wages have fallen EVERY MONTH since Biden’s $1.9 trillion "stimulus" passed. '𝟐𝟏Apr: -3.4%May: -2.7%Jun: -1.3%Jul: -1% Aug: -0.9%Sep: -0.5%Oct: -0.8%Nov: -1.4%Dec: -2.1%'𝟐𝟐Jan: -1.9%Feb: -2.5%Mar: -2.6%Apr: -2.5%May: -2.9%Jun: -3.5%Jul: -3%Aug: -2.8% — Jacki Kotkiewicz (@jackikotkiewicz) September 13, 2022 Steep fall: …

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US July Inflation Remains Hot (CPI At 8.5% YoY) While Real Weekly Wage Growth Remains Burned (-3.6% YoY) Mortgage Refi Apps Down -82% YoY While Mortgage Purchase Apps Down -19% YoY)

by confoundedinterest17 The US July inflation report remains hot, hot, hot! While mortgage purchase and refinancing applications are not, not, not. The US consumer price index rose 8.5% in July. And real average weekly growth remains burned by horrid inflation, at -3.6% YoY. …

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Consumer Sentiment Remains Very Depressed (University of Michigan Sentiment Index Rises Slightly To A Depressed 51.5 While Buying Conditions For Housing Rose Slightly To A Depressed 47.0)

by confoundedinterest17 “A recession is two quarters in a row of negative growth.” — President Clinton, Dec. 19, 2000 My former colleague at Deutsche Bank, Joe Carson, said recently that the US economy is not in a recession, but corporate profits are …

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Biden’s Limbo Rock! US Consumer Confidence Remains Depressed 51.1 With Inflation Ravaging Households, Housing Sentiment Even Worse At 45 (Biden Approval At 38.1%)

by confoundedinterest17 How low will consumer sentiment (and Biden’s approval ratings) go? This is Biden’s limbo rock. One measure of how bad things are in the US for the middle-class and low-wager workers ix consumer sentiment from University of Michigan. The latest …

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Alarm! Treasury 10Y Term Premium Remains Deeply Negative As Fed Plans Its Attack On Mortgage Rates And Treasury Yields (3M TBill/OIS Spread Crashes As 30Y Mortgage Rate Is -3%) Venezuela 2Y Yield At … 436.77%

by confoundedinterest17 Alarm! The 10-year Treasury term premium, the amount by which the yield on a long-term bond is greater than the yield on shorter-term bonds, remains steeply negative (white line) as The Federal Reserve steps up its attack (aka, monetary …

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The only reason the Fed still exists in its present form is because the public remains woefully ignorant to the fact that the Fed has been the greatest driver of wealth inequality.

https://twitter.com/NorthmanTrader/status/1496193727563509768 https://twitter.com/NorthmanTrader/status/1496197296010244101 #BREAKING: US M2 money supply grew 12.6% yoy in January. This is far too high, roughly double the M2 growth rate required to achieve the Fed’s inflation target of 2% per year. As a result of the Fed’s errors, …

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