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: …
by confoundedinterest17 Everything is NOT beautiful for the mortgage market. In fact, the 30-year mortgage rate is up 99% since Biden took office as President. Mortgage rates are rising in part thanks to The Federal Reserve trying to control inflation (caused …
by confoundedinterest17 Slippin’ Into Darkness! Despite what Biden and his muppets say, there is a good chance that the US will slip into recession over the next 24 months. And with that, we are seeing a slight drop in US mortgage …
by confoundedinterest17 US mortgage rates are up slightly this morning. Bankrate’s 30-year mortgage rate survey is up to 5.29%. The Biden Scorecard is still a bleak one (for non-elitists). Regular gasoline is UP 92% under Biden, Diesel fuel is UP 110%, …
By Robert Lambourne via GATA The recently released November statement of account of the Bank for International Settlements — https://www.bis.org/banking/balsheet/statofacc211130.pdf — contains information suggesting an increase of about 37 tonnes in the bank’s gold swaps, from 414 tonnes in October to 451 tonnes …
By Robert Lambourne via GATA The recently released August statement of account of the Bank for International Settlements – https://www.bis.org/banking/balsheet/statofacc210831.pdf — contains information suggesting a decrease of about 38 tonnes in the bank’s gold swaps in August, from 502 tonnes to 464 tonnes. …
by confoundedinterest17 US inflation remains nears its highest level since 1991, but moderated slightly. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in July on a seasonally adjusted basis after rising 0.9 percent in June, the U.S. Bureau …
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 …
by John Coumarianos When I wrote an article on REITs for the Wall Street Journal in early 2017, I used a research report from Research Affiliates in Newport Beach, CA to argue that the asset class was overpriced and poised to deliver 0%-2% or so real …
by Troy The U.S. stock market’s daily volatility is high, with large intraday swings. Here’s the S&P 500. Let’s analyze the stock market’s price action by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going …
There’s been a lot of cases of Facebook using the info It’s users share as a way of spying on people and the elites use social media to influence their mood so I think this is an interesting study. A …