since
BOJ is intervening in the FX market for first time since 1998, selling US treasuries and buying yen, and China is reducing their holdings of UST to protect against risk of sanctions…
by silvertomars Fed is doing QT… and US budget deficit is $1 trillion… how high do US rates need to go to find buyers with CPI 8.3%…? China US Treasury Holdings Fall 9% In 2022: Is Beijing Getting Wary Of …
Rents in US touched the highest level since 1979
Rents in US touched the highest level since 1979 More rents surge and more wages have to increase.. which is a problem for the FED pic.twitter.com/buPjREyNqH — Alessio (@AlessioTMAD) September 20, 2022
WSJ: “FedEx stock on Friday had its biggest percentage decline since going public in 1978—worse than big drops on 1987’s Black Monday, in the pandemic panic of 2020, and in the depths of the global financial crisis in late 2008.”
"FedEx stock on Friday had its biggest percentage decline since going public in 1978—worse than big drops on 1987’s Black Monday, in the pandemic panic of 2020, and in the depths of the global financial crisis in late 2008." via …
Global government bonds on track for worst annual loss since 1949
Global government bonds on track for worst annual loss since 1949 pic.twitter.com/lJpKnCe6b3 — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) September 16, 2022
We Just Witnessed Something That Hasn’t Happened Since 2008, And It Is Causing The Housing Market To Crash
by Michael This didn’t have to happen. The reckless behavior of the Federal Reserve and our politicians in Washington created a horrifying inflation spiral, and now the Fed is feverishly raising interest rates in a desperate attempt to get inflation …
European retail stocks are on track for worst year since financial crisis as retailers aren’t able to fully pass their costs on consumers. They’ll blow up starting by October
european retail stocks are on track for worst year since financial crisis as retailers aren't able to fully pass their costs on consumers they'll blow up starting by October pic.twitter.com/RcwS6diC1Z — Alessio (@AlessioTMAD) September 15, 2022 UK public inflation expectations …
MORTGAGE demand crashed -30% since last year
Mortgage applications to purchase a home squeezed out a gain of 0.2% from the previous week, but were 29% lower than the same week one year ago. There was a bump up in demand for Veterans Affairs and USDA loans, …
Sundown? Freddie Mac 30Y Mortgage Rate Highest Since Financial Crisis And Advent Of Fed Quantitative Easing (CORE US Inflation For August Expected To Rise To 6.1% YoY)
by confoundedinterest17 Is it sundown for housing and mortgage markets with Fed quantitative tightening (QT)? Freddie Mac’s 30-year mortgage commitment rate just rose to its highest level since … The Fed initiated Quantitative Easing (aka, fanatical money printing) during the financial …
United Kingdom Bankruptcies highest level since 2008, CPI YoY expected to hit 20%, sterling at the lowest since 1985 against the dollar and deficit running at record pace.
United Kingdom Bankruptcies highest level since 2008, CPI YoY expected to hit 20%, sterling at the lowest since 1985 against the dollar and deficit running at record pace. The future is getting darker without the Queen pic.twitter.com/okEgmWOm6b — Alessio (@AlessioTMAD) …
You know the Amish never vote BUT guess who is now showing up at Trump rallies since the Dems started targeting them with HUGE fines for raising organic beef?
You know the Amish never vote BUT guess who is now showing up at Trump rallies since the Dems started targeting them with HUGE fines for raising organic beef? pic.twitter.com/XOgKCANppP — Lynne (@poconomtngirl) September 4, 2022
The strategic petroleum reserve hits its lowest level since being built up 38 years ago. Biden sold off nearly half of our reserves and will leave it to the next President to deal with refilling it.
by FateOfTheGirondins They are destroying the country on purpose. We just sit and watch.
The last time $USDJPY was at this level – September 1998 – we saw the most violent global RISK OFF event since 1987.
The last time $USDJPY was at this level – September 1998 – we saw the most violent global RISK OFF event since 1987. Lower pane shows what happens when the "TINA" trade implodes overnight. pic.twitter.com/jm0BGs4KLL — Mac10 (@SuburbanDrone) September 7, …
Semiconductor index down 34% since Dec 2021, but a further 25% drop expected.
by EightFolding Thinking about picking up semi stocks or funds? There may be substantial drops still to come. A 25% decline in the semiconductor index would wipe out all the gains made during the pandemic. The SOX has fallen 32% …
US Mortgage Applications Drop To Lowest Level Since 1997 (And The Fed Still Hasn’t Unwound Its Enormous Balance Sheet!)
by confoundedinterest17 Mortgage application volume dropped and remained at a multi-decade low last week (back to 1997), led by an 8 percent decline in refinance applications, which now make up only 30 percent of all applications. Purchase applications have declined in eight of the …
US Strategic Oil Reserves lowest level in 40 years. Ironically since 1984
Joe Biden and Democrats are destroying America one day at a time. Ad it’s all on purpose. Gas prices have spiked since Joe Biden took the White House in 2021. On his first day in office, Joe Biden killed off 42,100 …
U.S. 2-YEAR TREASURY YIELD CLIMBS TO 3.48%, HIGHEST SINCE NOV. 2007
by PrettySugar9264 Historically when fed raises rates risk assets (stocks) get sold off! ⚠️BREAKING: *U.S. 2-YEAR TREASURY YIELD CLIMBS TO 3.48%, HIGHEST SINCE NOV. 2007 🇺🇸 🇺🇸 pic.twitter.com/zcqdnQ45w7 — Investing.com (@Investingcom) August 29, 2022 Scary times ahead, but I don’t …
U.S. Natural Gas Jumps To $10 For The First Time Since 2008
By Tsvetana Paraskova U.S. natural gas futures jumped briefly above $10 per MMBtu on Tuesday morning. U.S. natural gas prices have soared in recent weeks as Europe scours the world for non-Russian gas supply. Henry Hub gas prices have rallied …
US 30yr Mortgage Rate Rises To Near 6% Housing Affordability WORST Since 2006 Housing Bubble (Yield Curve Remains Inverted)
by confoundedinterest17 Baby, let me take you home is getting more difficult as mortgage rates approach 6%. The National Association of Realtors’ Homebuyer Affordability Index for fixed-rate mortgages is now at the lowest reading since 2006 and the peak of the 2005-2007 …
MSM Spent 298 Secs On Hunter’s Laptop Since NYT
On March 16, The New York Times belatedly confirmed that Hunter Biden’s laptop is real and not an example of “Russian disinformation.” If the liberal broadcast networks were waiting for an all-clear to admit the explosive Hunter Biden laptop story (that was …
China’s Crude Processing Dips To Lowest Since March 2020
By Tsvetana Paraskova Crude throughput at Chinese refineries slumped in July to the lowest level since the height of the pandemic in March 2020, amid unplanned facility outages and lower processing rates at independent refiners due to declining refining margins. …
US Strategic petroleum reserve lowest since 1985 May
by hogujak Wonder of anybody noticed but SPR inventory is the lowest since 1985 May. This winter could be a disaster. Russia will be playing with EU(oil dropped a lot but nat gas price going back to ATH). China might …
The US Housing affordability index is the lowest since 1989 (then we had average 10.3% mortgage rates). Never before have corporate investors had a larger share in the housing market in terms of purchases. BUT they are now stepping back…
by silvertomars Housing today is less affordable than at the housing bubble peak of 2006… either interest rates will have to come down a lot or real estate prices will have to come down substantially… “Builder confidence fell for the eighth …
A New Survey Has Just Discovered That This Is The Most Pessimistic That Americans Have Been About The Economy Since 2008
by Michael Americans haven’t been this negative about the future of the U.S. economy since the financial crisis of 2008. Of course it isn’t exactly difficult to figure out why this has happened. A new recession has begun, inflation is wildly …
Russia Has Exported $1 Billion In Fossil Fuels Per Day Since The Ukraine War Despite Sanctions And Boycotts
By Alex Kimani of OilPrice.com Despite wide-ranging sanctions and import bans, Russia’s vast energy sector continues to thrive, with the country managing to export nearly a billion dollars worth of fossil fuels per day in the first 100 days since its …
Weakest services PMI since May 2020
⚠️ U.S. IHS Markit Services PMI Final (Jul): Act: 47.3Prev: 52.7Fcst: 47 Business activity declines for first time in over two years amid soft demand conditions Fastest fall in output since May 2020https://t.co/b33hpiVcN4 pic.twitter.com/vDlMiTtDVy — PiQ (@PiQSuite) August 3, 2022 …
Home prices are collapsing at the fastest pace since 2008.
https://twitter.com/WallStreetSilv/status/1554769050764562435 The "American Dream" shopping mall is in default.https://t.co/haFV1TNGok Another casualty of misallocated cheap capital. 14 years of 0% rates later, pundits wonder relative to 2007, where is the leverage this time? Everywhere. pic.twitter.com/TmyeBQZk44 — Mac10 (@SuburbanDrone) August 2, 2022
Australian house prices fall at ‘fastest rate’ since 2008 financial crisis
by Boo_Randy Once again, the central bankers have blown ginormous speculative housing bubbles that pose systemic risks to national and global financial systems. Once again, these bursting bubbles are going to wipe out trillions in make-believe “wealth” created by fake …