Food price increases incoming. Controlled collapse proceeds on schedule. — Your Disapproving Dad (@disapprover69) April 25, 2022 Trudeau has impeccable timing https://t.co/khFYHhurNQ — Doomberg (@DoombergT) April 25, 2022
Inflation turns money into a foreign language. The rising cost of gas, food and hundreds of other things is pushing Americans to rethink how they read every price tag. Whether in the produce aisle or the used-car lot, our definition …
East Coast jet fuel prices are SOARING due to the sanctions. Non-contract Jet-A is over $10 a gallon now at the NYC airports, almost doubling in three weeks. The largest single US importer of Russian Oil is DELTA Airlines, for …
by confoundedinterest17 US housing is getting simply unaffordable. US mortgage rates are soaring, US home prices are soaring, The Fed’s balance sheet is still growing, and US average hourly earnings are growing at a fraction of home price growth. The unafforable nature …
Having attempted to gaslight Americans into believing that all the inflation of the last 16 months or so is due to Vladimir Putin alone – and nothing to do with the massive central-planning money spout gushed forth, and regulatory/reputational pressures …
by Shaun Richards Situations like the present one bring up all sorts of situations that had gone quiet along the lines of the Paul Simon lyric. Hello darkness, my old friend I’ve come to talk with you again But a …
Wall St. For Main St., Released on 3/2/22 Oil prices are on fire lately! Will they be at $120/barrel in a week? Oil Inches Closer To $110 As API Reports Surprise Inventory Draw https://oilprice.com/Latest-Energy-Ne… Barron’s even put $150/barrel oil on their …
by confoundedinterest17 Oh Atlanta! Fed, that is. The Atlanta Fed GDPNow Q1 real-time GDP index fell to 0.631%. And the Atlanta Fed REAL wage tracker fell to -2.38 growth. Volatility reigns supreme on the energy front (look at NYM Dubai crude AVAT!) …
by confoundedinterest17 Call this a double whammy! Red-hot rents combined with a slowing economy. According to CoreLogic, single-family annual rent growth finished 2021 at a new record: 11.7% YoY for high tier rental properties and 10.4% YoY for low tier rental properties. …
BY JOHN RUBINO Today’s inflation report was, by any measure, horrific. 7% in a country where 2% was, until recently, the upper end of the government’s target range, pretty much guarantees some kind of aggressive response from the Fed (or the bond or …
by confoundedinterest17 Yesterday’s inflation report was the worst in 40 years. But at least today’s Producer Price Index Final Demand is down slightly from November. But PPI Final Demand YoY is still roaring at 9.7%. The producer price index for …
Watch the latest video at foxbusiness.com Dec. 22, 2021 – 4:41 – Stew Leonard’s CEO Stew Leonard Jr. notes supermarket chains have been ‘trying to hold back as much as we can’ by not passing along higher input costs to …
Let them eat electrons, says Pete Buttigieg, representing the supposed party of the working class. In an MSNBC interview yesterday, the occasional Secretary of Transportation told Americans that relief from high fuel prices were on the way — not by …
Alibaba Just Confirmed Investors’ Worst Fears Panic is never a great attitude to have in investing, but neither is blind optimism. So it’s probably healthy for Alibaba (NYSE:BABA) shareholders not to get too overwhelmed by the ongoing Chinese regulatory crackdown, …
by confoundedinterest17 As inflation seems unstoppable by The Federal Reserve, we are seeing the US Dollar, Gold and Ethereum soaring in price. Persistent inflation is here to stay. Yup, The Fed is firing blanks.
Markets turn risk on. Producer prices rise to levels not seen since peak #inflation of the 1970s. Inflation is double the Fed’s benchmark now and will be triple by year end. #Bitcoin rallies on #ETF news, but will likely sell …
by confoundedinterest17 It’s taken just a few short months for stagflation to go from hobgoblin of cranks to a full-blown Wall Street obsession. Everyone seems worried about it. Bridgewater Associates co-Chief Investment Officer Greg Jensen says spiraling prices that choke …
(Bloomberg) — Natural gas futures have been soaring, and they’re set to get especially high in New England and California in the coming months.Most Read from BloombergU.S. inventories are tight, to the point where a harsh winter could mean a …
Surging energy prices are weighing on European wallets — and the bloc’s climate plans. Concerns over a popular backlash were evident Tuesday when members of the European Parliament debated the European Commission’s Fit for 55 climate legislation proposals. “Citizens start asking …
https://www.youtube.com/watch?v=PczLZtPiw-Y The Stocks Soaring While America is slipping into a Mad Max world The stocks are up. Yet fundamentals are worse than the Great Depression. And the Circus continues. The Fed bought the open with both hands and feet. It …
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 …
BY JOHN RUBINO One glance at this chart should silence any talk of “a return to normalcy”. We are emphatically not headed in a normal direction. The liquidity being generated by this debt binge is pushing up prices in a …
US Food Banks Warn Soaring Prices Will Affect Distribution Soaring food prices aren’t just impacting financially strapped families and the working poor. They’re also affecting the mission of US food banks who are spending a lot more on food than …
If 2020 was the year the health crisis tumbled the economy, 2021 is the year of stressed supply chains, widespread shortages, and rampant inflation. Most of the U.S. industries are still feeling the cascading effect of global supply chain disruptions, …
This is the first in a three-part series. Victoria Perez spent 10 months as a migrant smuggler. When agents finally caught up with her, she told them she had made $200,000 over that time, working two days a week, driving …
“There’s 300 cases that are allocated for two counties I believe, they were gone in two minutes,” Hamm said. At the beginning of the year, a case of wings sold for $70-90 a case. Now they are about $150 a …
by C Hamilton As the old adage goes, real estate is all about location, location, location. Given this, I wanted to offer a regional and state by state view of the situation, where declining total populations, large declines among those …
Americans are deeply anxious after the Colonial Pipeline cyberattack halted the delivery of millions of gallons of fuel to several states and resulted in gasoline shortages at many stations across the country. People have already started to panic buy and …
