by confoundedinterest17 The US housing market is experiencing a slowdown as The Fed withdraws it outragous monetary stimlus. The Case-Shiller 20 metro house price index grew at a rate of 036% year-over-year (YoY) in February. Drifting into darkness, we have the West …
The U.S. economy grew 2.6 percent in the fourth quarter, down from 3.2 percent in the third quarter, according to the Bureau of Economic Analysis (BEA). This is slightly below the second estimate of 2.7 percent. The real GDP growth …
Nearly all Fed officials saw risks to that already-downgraded forecast as tilted to the downside. via Bloomberg: Federal Reserve Chair Jerome Powell and his colleagues are expecting a sharp dropoff in economic activity through the rest of 2023 — at …
EBay Inc. is cutting about 500 employees — or 4% of its workforce — as the e-commerce company continues to face slower consumer spending after a brief pandemic boom. The reductions are in response to the “macroeconomic situation around the …
Source: https://t.co/cFjLxLXDQi — Philipp Heimberger (@heimbergecon) October 12, 2022
by confoundedinterest17 The US Composite PMI was released this morning and it printed at 44.6. Not surprising given that M2 Money growth has slowed as The Fed removes its monetary punch bowl. M2 stimulus is foul-tasting for the middle class and …
Pay cuts are expected across wide swaths of the financial industry as bonus season approaches, according to a report released Thursday by compensation consultancy Johnson Associates. “There are going to be a lot of people who are down 50%,” Alan …
by confoundedinterest17 After breaking the 6% barrier back in June 2022, Bankrate’s 30-year mortgage rate has backed-off to 5.28% despite Federal Reserve rate hikes. The reason for the decline in the US Treasury 10-year is, amongst other things, a global …
China’s economic woes are facing more pressures from within the real estate sector and “frustrations” in the banking industry.”China’s economy has been slowing for quite some time,” Craig Singleton, a fellow at the nonpartisan Foundation for Defense of Democracies said.”What …
by Boo_Randy The implosion of Housing Bubble 2.0 is going to be one for the books. Heckova job, central bankers! https://www.news.com.au/finance/real-estate/buying/sharpest-slowdown-in-more-than-30-years-australian-house-prices-continue-to-see-widespread-falls/news-story/3c9d6334b230fc2381f8928819cbeb62 Australian house prices have continued to see widespread falls in June as interest rate hikes spark the “sharpest slowdown …
by Boo_Randy More extend-and-pretend in China. https://asia.nikkei.com/Business/Finance/China-readies-massive-bank-bailout-fund-as-slowdown-looms Lifeline for big institutions aims to mitigate systemic risk in times of turmoil BEIJING — China is expanding its safety net for the financial sector with a new rescue fund that could run …
TOPICS AND TIMESTAMPS: Big 0:00 Paycheck To Paycheck 0:19 Fed Panic 4:40 Looming Event 10:20
Talk of a looming recession is rampant around the globe, and now a major U.S. bank has issued its own dire forecast for the global economy. It’s been over a month since Russia invaded Ukraine, leading to an unforeseen and …
by jessefelder There’s an important disconnect between stocks and bonds today. Specially, I am looking at two fundamental indicators for evaluating long-term interest rates. The first is the performance of small cap stocks relative to large caps. Typically, this ratio …
Latest #centralbank money projections for next year shows sharp slowdown. Not great for #spx and #BTC. Based on announced #Fed taper and partial rebuild of TGA, and ending of PEPP and run-off of TLTRO by #ECB.The 'cliff-edge' may be happening?! …
Daryl Fairweather, Redfin chief economist, joins Yahoo Finance’s Zack Guzman and Akiko Fujita to discuss where financial pressures and rising mortgage rates may be projected to occur in the housing market.
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 Daniel Lacalle via Mises Recent macroeconomic data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent history, and with all the possible tailwinds from policy decisions, consumer confidence has plummeted to the lowest level …
Tim Cook the CEO from Apple sold off $300+ million worth of shares. I wonder why he doesn’t want his cash in the stock? The U.S. consumer is maxed out. They need more stimulus in order to continue this economy. …
by confoundedinterest17 There is a slowdown in bank lending since The Fed’s intervention in March 2020. Bank credit has slowed since March 2021 resulting in banks parking money with The Federal Reserve in the form of reverse repos. Loans and leases are experiencing …
by confoundedinterest17 Federal Reserve Bank of Dallas President Robert Kaplan repeated his call for policy makers to begin a discussion of slowing their asset purchases, a day after minutes of the Fed’s April meeting showed an increased interest in talking about …
There is a technical term for economic slowdown coupled with soaring prices pic.twitter.com/FN4aiJ3Otw — zerohedge (@zerohedge) May 3, 2021 $spx ISM manufacturing pic.twitter.com/FA87i0Sw27 — Álvaro Oviedo (@alvoviedo) May 3, 2021 Container shipping costs continue to surge. pic.twitter.com/SUu5wmZRA5 — Win …
slowdown continues – what if the 2h rebound is merely a fantasy pic.twitter.com/LLDwspFcmS — Alastair (@StockBoardAsset) April 25, 2019 https://www.cnbc.com/2019/04/25/3m-earnings-q1-2019.html Here are the numbers 3M reported: Earnings per share: $2.23, adjusted vs. $2.49 expected, per Refinitiv survey of analysts Revenue: …
Authored by Daniel Lacalle, One of the most repeated messages among European financial analysts this week is this: “we are in a global slowdown”. However, the sentence hides important nuances and very relevant differences. The European Union suffers a severe slowdown. The rest of …
global synchronized slowdown continues pic.twitter.com/4ENI1qsoOO — Alastair (@StockBoardAsset) April 18, 2019 – Markit Eurozone Manufacturing PMI (AprP): 47.8 (est 48, prev 47.5)– Markit Eurozone Services PMI (AprP): 52.5 (est 53.1, prev 53.3)– Markit Eurozone Composite PMI (AprP): 51.3 (est 51.8, …
