#BREAKING Tens of thousands of protesters have turned out in force to rally for FREEDOM in Melbourne today. đź–Š SIGN AND SHARE THE PETITION TO KILL THE BILL đź–Šhttps://t.co/T4ebMwu1SB pic.twitter.com/l8dQCFEcjz — Avi Yemini (@OzraeliAvi) November 13, 2021 Dan Andrews and …
#recession … #GFC2 China #Debt #Bubble edition The #Evergrande desperation rises… and the bail-in begins. 📉 👇 https://t.co/Mg51mlBhvy pic.twitter.com/ArGI7yzrtD — Invariant Perspective (@InvariantPersp1) September 19, 2021 #recession … #GFC2 China #Housing #Bubble edition#Evergrande now playing with Monopoly money… 📉 https://t.co/5qqu6JoZ8G …
Ivan Kaufman, Chairman & CEO of Arbor Realty Trust, joins Yahoo Finance’s Brian Cheung to explain the increased demand for both renting and owning real estate.
by confoundedinterest17 Fed’s Favorite Inflation Measure Surges At Fastest Pace In 30 Years As Spending, Incomes Rise! Federal Reserve Chairman Mao Powell will be speaking at 10am EST in his virtual Jackson Hole KC Fed Conference speech. He might actually save his blockbuster …
by confoundedinterest17 The KC Fed Jackson Hole conference is a US policy makers’ Davos, an uber-elite US location. You would think that the KC Fed would hold their conference in Kansas City or Omaha, Nebraska as a show of support …
June House Price-To-Rent Ratio rises at a record 17%, now well exceeds peak level of the Housing Bubble pic.twitter.com/LfcozNgWEJ — Not Jim Cramer (@Not_Jim_Cramer) July 23, 2021 DB warns of permanent rise in inflation: Between 33-50% of unprecedented govt deficits …
https://www.youtube.com/watch?v=djTw2f9PxaU
by Shaun Richards This has been a bad week for central bankers as we have seen inflation soar above their predictions. The 5.4% for US CPI is not what the Federal Reserve explicitly targets but suggests a trend well above …
Yeah it’s crazy over here,Catastrophic flooding kills 42 with dozens missing. Neighboring Belgium affected as well with 4 dead. Here is news live from Germany: h/t NOFAKE
by confoundedinterest17 Inflation keeps rising and wage earners continue to suffer. Today’s inflation print shows headline CPI YoY at 5.4% and core CPI YoY are 4.5%, the highest since 1991. The problem is that real average hourly earnings printed at -1.7% …
by Shaun Richards This morning has been one where a little known committee has emerged blinking into the spotlights. It is the Financial Policy Committee (FPC) of the Bank of England and just to prove that they are central bankers …
The European Central Bank (ECB) balance sheet is almost to 80% of the EU’s nominal GDP! INSANE! It is going parabolic again and has increased by over 140 billion Euros recently.
Breaking: Plumes of smoke rises following an explosion near Elephant and Castle train station in London.(Credit: @MeganJearum) pic.twitter.com/hkLQkvzWZv — News_Executive (@News_Executive) June 28, 2021 Elefant and Castle area, London – right now https://t.co/cdxvWvRHFv — Michael Elgort (@just_whatever) June 28, 2021 …
by confoundedinterest17 People get ready … mortgage rates will rise. The 10-year Treasury Note yield rose after The Fed announced that they aren’t going do much until 2023, but rates rose anyway. Rising home prices may get nuked by rising rates. Odd …
by Shaun Richards Today has brought something of an inflation warning for the UK as we note this from earlier. The Consumer Prices Index (CPI) rose by 2.1% in the 12 months to May 2021, up from 1.5% to April; …
by confoundedinterest17 US existing home sales for April were released this morning and show a month-over-month decline of 2.7% from March with 5.85 million units sold SAAR. Median price of existing homes sales rose to 19.1% YoY on staggering Fed stimulus …
by confoundedinterest17 To quote Bob Dylan and Rick Danko, “This Wheel’s On Fire!” The Atlanta Fed’s GDPNow Q1 GDP forecast rose to 8.321% QoQ as of April 16. Of course, The Fed is printing like crazy. Retail sales (pent-up demand and Biden …
Inflation rises faster than expected.https://t.co/YqKc5HrtB0 — Daniel Lacalle (@dlacalle_IA) April 15, 2021 will they include this in the CPI? pic.twitter.com/zLPMELwp0f — . (@StockCats_2009) April 15, 2021 Imagine if Airlines weren't in Core CPI 🤔 pic.twitter.com/JgoXW3EMqP — Win Smart, CFA (@WinfieldSmart) …
by confoundedinterest17 It is a slow economic news and equity markets are flat. But we are seeing activity in cryptocurrencies (Bitcoin and Ethereum) and Gold. Gold is up and Bitcoin/Ethereum are down. Is this a reversal of the trend over the …
by confoundedinterest17 Freddie Mac’s 30-year mortgage commitment rate keeps on rising. Now to 3.17%. This is happening at the 10-year Treasury yield continues to climb. Note that interest rate volatilty (SRVIX) surged and remains elevated compared to equity volatility (VIX). (Bloomberg) …
by confoundedinterest17 I am not happy about rising mortgage rates and MBS duration. Freddie Mac just announced their 30-year mortgage rate … and it rose to 3.09%. But its the MBS modified adjusted duration that’s skyrocketing.
The mayor of Portland, Oregon, has submitted a request for $2 million in funding for the police months after the city slashed the budget in a move he advocated for. Mayor Ted Wheeler, a Democrat, asked the Portland City Council …
by confoundedinterest17 Freddie Mac’s survey of mortgage lenders (commitments) rose to 3.05% in today’s release. The spread between Freddie’s 30Y rate and the 10Y Treasury yield has been falling (bottom pane). Over a longer time frame, you can see that the …
via MarketWatch Trade tensions, weather and slowing growth are pulling down earnings expectations Investors should start bracing themselves for an earnings recession, with first-quarter numbers for the S&P 500 expected to suffer the first decline in nearly three years, as …
by Jim Quinn So the deficit is up $700 billion in the first six months, but the CBO is predicting a $900 billion deficit for the full year. With the economy slowing dramatically and corporate profits declining, revenues will decline …
by DCG From Daily Mail: New York City’s murder rate has risen 55 percent in 2019 so far, according to NYPD statistics. Numbers show that, from the start of 2019 through Sunday, there have been 48 grisly murders in New York City, compared …
via CNBC: Strategists say there’s more trouble ahead for the stock market which is experiencing its worst December since 1931. Stocks plunged on fears of a recession, and the Nasdaq was temporarily in bear market territory, a 20 percent decline …
If you are wisely skeptical, the calls to slow rate rises when we are barely above negative real rates should be telling you why stocks are vulnerable to a big decline. Last bubble peak rates were 5.25%. This time everything …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter So what’s going on here? In the third quarter, the “delinquency rate” on credit-card loan balances at commercial banks other than the largest 100 banks – so the delinquency rate at the 4,705 smaller banks in the US …
