by confoundedinterest17 John Burns consulting has this interesting chart showing a slight slowdown in home price growth. But HPI growth is still growing strong. At 17% YoY in June. The Case-Shiller National home price index, growing at 14.6% Yo is lagged with …
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 …
Authored by Ryan McMaken via The Mises Institute, After three months in a row of hitting new all-time highs, money supply growth slowed in March, dropping to a 10-month low. This slowdown, however, does not suggest any significant departure from the …
by confoundedinterest17 The Federal Reserve has begun “slowing” their money printing. Not by much, but a little “foot off the monetary pedal.” M1 money growth “slowed” to 336.5% year-over-year. M2 money growth “slowed” to 24.2% year-over-year.
via Yahoo: NEW YORK (AP) — One of the most closely watched predictors of a potential recession just yelped even louder. The signal lies within the bond market, through which investors show how confident they are about the economy by …
via Yahoo: (Bloomberg) — China’s Finance Ministry is set to propose a small increase in the targeted budget deficit for this year as officials seek to balance support for the economy with the need to keep control of debt levels. …
China’s Economy Slows Sharply, in Challenge for Xi Jinping DONGGUAN, China — China’s consumers and businesses are losing confidence. Car sales have plunged. The housing market is stumbling. Some factories are letting workers off for the big Lunar New Year holiday two …
Payroll growth slows in November as labor market tightens Private payrolls grew by 179,000 in November, below Wall Street estimates of 195,000, according to ADP and Moody’s Analytics. The service sector added 163,000, led by professional and business services. Medium-size …
by Jim Rickards of Daily Reckoning You are well aware that the Federal Reserve is raising interest rates. This policy started in December 2015 with Janet Yellen’s “liftoff” from zero and has continued through seven more rate hikes in 2016, 2017 and 2018, …
via @JeffCoxCNBCcom As the stock market, and homebuilders in particular, experience difficulty, it could put pressure on the Fed to ease its pace of interest rate hikes. Homebuilder shares plunged 40 percent from their mid-January high, a move reminiscent of their …
by sundance When China announced the One-Road/One-Belt initiative (now banned from discussion in Beijing); in combination with a looming trade confrontation with President Trump; CTH pointed out that sketchy pandas’ bamboo economy was very vulnerable because it was deep, but narrow – simply …
via Ivan Levingston Banks were among the top beneficiaries when Republicans slashed corporate taxes in December to stoke the U.S. economy. So how are the nation’s largest financial institutions treating employees, customers and investors? Twenty-three firms deemed most important by the …
Malta is becoming a blockchain powerhouse, companies and exchanges are now setting up shop in Malta. Steve Wozniak compares blockchain to dot com bubble. US mortgage applications implode. First quarter GDP revised down. CBO warns that debt level will be …
via STEPHEN LETTS China’s economy appears to have hit a significant speed hump, with a number of key indicators across the industrial, construction and retail sectors slowing to either multi-year, multi-decade or record lows. Key points: Urban infrastructure investment growth at the …
Americans increased their borrowing in April at the slowest pace in seven months, dragged by a big slowdown in the category that covers auto and student loans. Consumer debt rose $9.3 billion in April after a gain of $12.3 billion …
via Steven Hansen Summary There are contrary indicators for growth of consumer credit. Current levels of consumer debt are at historical highs, whilst consumer debt payments are historically low (but are rising). The Fed’s increase in the Federal funds rate will slow …
by Robert Carbery Looking back on his first 100 days in office, President Trump is realizing that the reality of running the world’s largest economy, biggest and baddest military, and likely most politically divided country in the world right …