Sales Collapse At Beyond Meat, Impossible Foods As 20% Of Staff Laid Off
Fake Meat Fail: Sales Collapse At Beyond Meat, Impossible Foods As 20% Of Staff Laid Off https://t.co/1EqGvAKdKk — zerohedge (@zerohedge) February 5, 2023
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SP500 Price/Sales ratio is currently at levels of 2000’s dot-com bubble top
Is that what’s happening ? Dotcom crush, the market rallied 20% over 3 MO before going on to fall another 30% h/t polloponzi
Exactly What We Would Expect If A Recession Was Beginning – Sales Are Down Throughout The Economy
by Michael All of the things that we would expect to see at the start of a major economic downturn are happening. Retail sales are falling, auto sales have been way down, and the housing market is starting to crash …
Home Builders reporting 40% CRASH in Sales. Yet their stock prices are increasing. Near all-time highs. Might be the biggest Stock Bubble out there right now.
1) Homebuyer Demand for Builders (measured by Buyer Traffic) is hovering near the lowest levels EVER right now. Comparable to 2007-12 Housing Crash. And April 2020 when lockdowns meant no one could tour building sites. pic.twitter.com/HJzx91Akzx — Nick Gerli (@nickgerli1) …
US Pending Home Sales Decline For 13th Straight Month, Down -34.3% YoY As Fed Tightens (UMich Housing Sentiment At 44, Well Below 100)
by confoundedinterest17 The US housing market continues to struggle as The Federal Reserve continues to fight inflation. Today’s pending home sales are another nail in housing casket. Pending home sales declined -34.4% year-over-year (YoY) as M2 Money growth went negative (-1.3% …
Good News, Bad News! US New Home Sales Rise 2.3% In December, But DOWN -23% YoY (Median Price UP 7.8% YoY While M2 Money Growth Goes Negative)
by confoundedinterest17 The December new home sales report is good news and bad news. The good news? US new home sales rose by 2.3% in December from November to 616k units sold SAAR. That is the good news. The bad news? Since …
Last month’s retail sales were the worst in a year, but consumers are supposedly “very strong”
by TopFinanceTakes Goldman Sachs CFO: the bank is seeing early signs of consumer credit deterioration. — unusual_whales (@unusual_whales) January 25, 2023
US November Pending Home Sales Crash (-38.6% YoY) As Fed Tightens And M2 Money Growth Grinds To A Near Halt
by confoundedinterest17 US existing home sales in November collapsed by -38.6% YoY as M2 Money growth runs out of gas. The above chart is similar to yesterday’s “Ski Slope” chart of US home prices YoY. What will President Biden do about …
SPENDING MORE, GETTING LESS: Holiday Sales up 7.6% in 2022 — but Outpaced by 8.5% Inflation.
NEW YORK (AP) — Holiday sales rose this year as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according to one measure. Holiday sales rose 7.6, a slower pace than …
Massive stocks sales were just filed by the a member of the House Financial Services Committee
Other notable trades include sales of: – Up to $5MM of Exxon ( $XOM )– Up to $5MM of Eli Lilly and Company ( $LLY )– Up to $1MM of Chevron ( $CVX )– Up to $250K of Bristol-Myers Squibb …
IDIOIT! Washington, Oregon join California in requiring all new vehicle sales to be EVs by 2035
On Monday, Washington and Oregon officially joined California in requiring that all new vehicles sold in the states are zero-emitting by 2035. The rule covers passenger cars, light-duty vehicles, and medium-duty vehicles such as larger pick-up trucks and SUVs. It …
FedEx and UPS are ‘tracking gun sales’ for White House…
Montany Attorney General Austin Knudsen sent letters to logistics companies UPS and FedEx demanding information on their altered policies on firearms and whether they are in cooperation with federal agencies. “What this looks to me, and a lot my colleagues, …
Weakest ever retail sales numbers in Sweden
by Infamous_Sympathy_91
US Pending Home Sales Fall -36.7% YoY In October, MBA Purchase Applications Fall -31.22% YoY As Fed Tightens
by confoundedinterest17 The Federal Reserve continues to remove the monetary punch bowl despite the global yield curve inverting and The Fed fighting Bidenflation. On the mortgage front, mortgage applications decreased 0.8 percent from one week earlier, according to data from the …
Gun Sales Skyrocket In Oregon
Gun applications skyrocket after passage of Measure 114 Nov 23, 2022 “…the week starting Nov. 6 — election week — more than 8,600 background checks were submitted. The week following the election, that number jumped above 18,000. “It wasn’t until the …
Wolf Richter: Home Sales Free Fall, Investors Stay Far Away
Guest post by Wolf Richter from WolfStreet.com: Sellers are struggling with denial: Priced “right,” a home will sell, but “right” is where the buyers are, and they’re a lot lower. Sales of all types of previously owned homes – houses, condos, …
Consumers are not quitting when it comes to spending, more fuel for the inflation fire. Retail sales surged by 1.3% ($694.5 billion) in October (8.3% above October 2021). Retail sales, which are not adjusted for inflation, were up by 8.3% for the 12 months ended in October.
by Dismal-Jellyfish Source: census.gov Judging by the Q3 Report on Household Debt and Credit: The 15 percent year-over-year increase in credit card balances marked the largest in more than 20 years, it was on credit cards. Walmart’s Doing Great. Its Customers, on the …
US Retail Sales Stagnate As Inflation Hits Consumers (Fed Tightening To Combat Bidenflation)
by confoundedinterest17 Bidenflation is just killing us. Now rising prices and The Fed’s counterattack are killing retail sales for American consumers. US retail sales were sluggish last month, suggesting shoppers are becoming more guarded about discretionary purchases in the worst …
Bed Bath & Beyond reports a 28% drop in sales as it presses ahead with a turnaround plan
Bed Bath & Beyond reported a 28% drop in quarterly sales and a wider-than-projected loss. The results came from the three-month period before the struggling retailer unveiled an aggressive turnaround plan. In late August, the company said it would change …
The fastest-cooling real estate markets in the US: Sales drop 34% in Seattle as crime ravaged West Coast sees prices tumble amid exodus of residents – and people return from pandemic refuges (Housing Bubble 2.0 implosion dead ahead)
by Boo_Randy Source: https://www.dailymail.co.uk/news/article-11246035/The-20-fastest-cooling-real-estate-markets-crime-ravaged-West-Coast-sees-prices-tumble.html
Credit Card Companies Will Track Firearm Sales, ‘Major Win For Gun Control Advocates’
(Big League Politics) Credit card companies will now assign a special code for US firearm purchases. This move is being dubbed a “major win for gun control advocates,” because it essentially makes it easier for these companies to track who …
FDA is now the official sales and marketing division of Big Pharma
FDA is now the official sales and marketing division of Big Pharma https://t.co/vVzIVmdWg9 — Dr. Eli David (@DrEliDavid) September 10, 2022
Nationwide $3 movie ticket deal draws 8.1 million moviegoers, with sales topping $24 million
Movie theaters pulled in $24.3 million in ticket sales from the National Cinema Day promotion, according to Comscore. Sales figures represent a 9% increase from the previous week. A $3 movie ticket promotion meant to boost sales across cinemas during …
US properties as % of total sales receiving multiple bids… The US housing market peaked in March 2022… The market is now quickly heading downhill
by silvertomars THIS LOOKS LIKE 2008 BUT MUCH WORSE – MOST WILL LOSE EVERYTHING – THE EVERYTHING BUBBLE HAS POPPED
Case-Shiller Home Price Index Decelerates To 18% YoY In June (Existing Home Sales Median Price Decelerated To 10.55% YoY In July) FLA and TX Fastest Price Appreciation
by confoundedinterest17 US home price growth is decelerating as The Federal Reserve let’s some of the air out of the monetary tires. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported an 18.0% annual …
Volumes in the housing market are imploding. New home sales are -51% from 2 years ago. So, is this as bad as 2008 or not?
Before I start, a big thank you to my friend @MacroAlf for promoting my Twitter page. I got over 10,000 new followers! So let's see if we can add some value… 2/ — Eric Basmajian (@EPBResearch) August 29, 2022 This …
US New Home Sales Crash And Burn In July, Down -32.26% YoY (-12.65% MoM) While Average Price Rises +19.57% From June
by confoundedinterest17 Well, new home sales aren’t coming to the rescue for affordable housing. July’s New Home Sales crashed and burned. At -32.26% YoY. This is happening as M2 Money growth has declined. For the month of July, new home sales …