HONG KONG – Evergrande Group’s chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion …
I work for a delivery company, one of those food delivery places im sure you know of. Last year I made 200$ a day all year. Earlier this year I was around 100$ a day. This last month or two …
by confoundedinterest17 New Home Sales beat expectations thanks to the massive monetary stimulus in the system that The “Hawkish” Fed seems to not want to withdraw. Aka, Greenman! (Bloomberg) — Aug. new home sales rose 1.5% to 740,000 annual rate …
(Bloomberg) — An alarming number of companies have warned that profits won’t meet expectations when they report in a month. The group, including PP Industries Inc. and Sherwin-Williams Co., are primarily materials producers that have struggled amid supply-chain disruptions. While …
by confoundedinterest17 US pending home sales tanked -9.5% YoY in July. Unexpected? Not with the Citi Economic Surprise declining below zero. The northeast PHS fell -6.6% MoM while the midwest fell -3.3% MoM in July. Here is a video demonstrating The …
by confoundedinterest17 The good news! US new home sales rose 1% in July to 708k units SAAR. The bad news? The median price of new home sales is $390k. More bad news for the midwest and northwest. New home sales …
by confoundedinterest17 Feeling hot, hot, hot. Housing, that is! US existing home sales in July rose to 5.99 million SAAR, beating expectations. But the inventory of home available for sale remains low by historic standards. The median price of existing homes declined …
Margin debt down for the first time since March 2020.https://t.co/AjNCncNB5K pic.twitter.com/N3J0cEXnza — Randy Woodward (@TheBondFreak) August 17, 2021 #USD hitting the top of the range, again! If it continues to rise from here, risky assets are likely to struggle. …
Robinhood dodged a major blow to its business model following a vote by the House Financial Services Committee that resulted in the quiet shelving of an initial legislative effort to ban a practice known as “payment for order flow,” FOX …
by Frank Holmes, CEO, U.S. Global Investors This month, Louis Vuitton turns 200 years old. That’s Louis Vuitton the man, not the company. Born in Jura, France in 1821, the designer opened his first shop in 1854 primarily as a …
As more and more small businesses embrace the opportunities that come with ecommerce sales, it is important to know the rules and regulations around ecommerce sales tax. In this handy guide, you’ll get the basics on ecommerce sales tax and …
https://www.youtube.com/watch?v=lnc9mBOtr-Q Federal Reserve’s policy hawks are expecting the central bank to reduce its massive intervention in the mortgage market as conditions in the housing market have started to look increasingly risky while home prices continue to record a relentless rise. …
by confoundedinterest17 The expectation was for a 796k print for May, but new home sales checked in at 676k instead. That represents a decline of 6.6% from May to June. And the median price of new home sales fell 5% …
by confoundedinterest17 I was reading the usual pundits talking about massive increases in housing coming onto the market, then I saw today’s existing home sales numbers from the National Association of Realtors. US existing home sales were up 1.38% in June …
Retail Sales YoY: Huge soar…huge decline👀Bubble is over🧐 pic.twitter.com/o8fnGv9p4Z — Antonio Pérez-Algás (@apanalis) July 16, 2021 UMich missing, inflation expectations soaring – this is a perfect toxic cocktail for the consumer — Alastair (@StockBoardAsset) July 16, 2021 Looking at this …
The Fed’s official balance sheet is up another $104 billion in the last week and now up to over $8.2 trillion in total.
In 1968, then-President Lyndon Johnson signed a law banning the sale of handguns for those under 21, now the law has been ruled “unconstitutional” by a federal court. “JUST IN – Handgun ban for adults under 21 is unconstitutional, rules …
by Shaun Richards Last night it was a case of Forza Italia after the success in reaching the Euro 2020 ( yes we all know it is 2021) football final. It was an especially ice cold final penalty from Jorginho …
by Money Metals News Service Columbus, Ohio (July 1, 2021) – By signing legislation last night, Governor Mike DeWine has officially ended Ohio’s sales taxation of gold, silver, platinum, and palladium bullion and coins, enabling the Buckeye State to join Arkansas as the …
More inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau. …
by confoundedinterest17 Fed Chair Powell will speak to a Congressional Oversight Panel today at 2pm. He released his printed statement, and mentions that inflation is usually high. “Inflation has increased notably in recent months. This reflects, in part, the very low readings from early …
Homeowners got $2 trillion richer during the first three months of the year Homeowners with mortgages saw their equity jump by 20% in the first quarter from a year earlier. This represents a collective cash gain of close to $2 …
Sales jumped nearly a whopping 50% in the first quarter of 2021 at that mystery $100 million New Jersey deli company — but that amounted to only a measly $5,305 worth of food. Losses also jumped big-time at deli owner …
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 Lance Roberts There is a problem of pulling forward sales and revenue when it comes to future outcomes. Currently, analysts are incredibly exuberant about earnings for the S&P 500 index. In just the last month, they sharply increased 2021 …
BloombergBOE Foresees Biggest U.K. Spending Boom Since Thatcher Era(Bloomberg) — The Bank of England expects the biggest surge in household spending since 1988 — when Margaret Thatcher was prime minister — to help power a strong economic rebound after the …
by confoundedinterest17 According to the National Association of Realtors, US pending home sales erupted at 25.2 year-over-year growth rate. As the Federal Reserve continues it money printing madness +24.2% year-over-year growth.
by Dave Kranzler of Investment Research Dynamics Existing home sales, reported last Thursday, were down 3.7% from February (down 6.3% in February). Wall St was thinking they would rise 0.8%. The seasonally adjusted annualized sales rate dropped to 7-month lows. The reason for …
by: Jp Cortez The Arkansas House of Representatives just UNANIMOUSLY approved a bill which helps Natural State citizens protect themselves from federal dollar devaluation. Introduced by Senator Mark Johnson and Representative Delia Haak, Senate Bill 336 removes sales and use tax on purchases of gold, silver, …
by: Jp Cortez The Ohio House of Representatives just approved a bill which helps Buckeye State citizens protect themselves from the loss of monetary purchasing power caused by federal money printing. Introduced by Representative Oeslager, House Bill 110 includes a provision …