by confoundedinterest17 The ramp-up in inflation with relatively low mortgage rates has resulted in NEGATIVE real 30-year mortgage rates. Once again, the lowest since 1975. The Federal Reserve chair was Arthur Burns and the President was Gerald Ford. The University of …
Can't imagine why survey respondents say it's a bad time to buy a home pic.twitter.com/guajV4Oo3o — Not Jim Cramer (@Not_Jim_Cramer) June 20, 2021 https://twitter.com/TeddyVallee/status/1406444706343628804 The US monetary base has gone vertical again. @TaviCosta https://t.co/ze7mC1PpHm pic.twitter.com/Qgw0HAMDhH — Crescat Capital (@Crescat_Capital) June …
NEW YORK — Sometimes, it can be rough being single. Now, a new study finds it can be downright unbearable during a pandemic. Nearly half of young, single Americans haven’t been physically intimate with someone since the pandemic began. As a …
More than six months after the astonishing polling embarrassment in the 2020 U.S. elections, survey experts examining what went wrong are uncertain about what led to the sharpest discrepancy between the polls and popular vote outcome since Ronald Reagan defeated …
Barron’s survey finds 67% of Big Money managers bullish on stocks, up from 54% in the fall. pic.twitter.com/x5eL8wnDYK — Win Smart, CFA (@WinfieldSmart) April 24, 2021 The lowest-rated U.S companies are selling bonds at an accelerating pace, with this month's …
by Lance Roberts In retail investing, do the “blind lead the blind?” Such was a question I asked recently about young investors who are “Long Confidence And Short Experience.” However, a recent survey by MagnifyMoney dug much deeper into the subject. Our previous article’s …
by confoundedinterest17 I am not happy about rising mortgage rates and MBS duration. Freddie Mac just announced their 30-year mortgage rate … and it rose to 3.09%. But its the MBS modified adjusted duration that’s skyrocketing.
A just released Bank of America survey of fund managers shows the risk that 220 panelists surveyed fear most is higher than expected #inflation. This contradicts Fed Chair Powell’s claim that inflation expectations remain well anchored at 2%. We’re adrift …
by confoundedinterest17 Freddie Mac’s survey of mortgage lenders (commitments) rose to 3.05% in today’s release. The spread between Freddie’s 30Y rate and the 10Y Treasury yield has been falling (bottom pane). Over a longer time frame, you can see that the …
By Irina Slav The provincial government of Alberta and the federal government of Canada are the culprits behind the continuing problems of the country’s oil industry, which have now swelled to the size of a full-blown crisis, according to the …
https://www.thepennyhoarder.com/smart-money/financial-literacy/ We aren’t talking about money growing up and it’s a systemic problem. When I was in college and financially independent, I racked up literally all of my student loans the first two years because I thought I was supposed …
by Michael Snyder Have you ever wondered why most church services in America seem to be filled with lots of fluff and very little substance? As America’s moral foundations literally collapse right in front of our eyes, a large percentage of …
by WARREN MOSLER This has been know to be associated with the housing cycle: Framing Lumber Prices Down 30% Year-over-year This has taken a dive recently: Global economy enters ‘synchronised slowdown’ (F) The global economy has entered a “synchronised …
by DCG From Daily Mail: Youngsters trust the stars of social media more than their parents, according to new research that reveals how digital habits are sidelining family and friends. Experts found that 18- to 35-year-olds – the millennial generation – are twice …
New interstate migration survey from the U.S. Census Bureau says high taxes and regulation bleed Blue states, pump up Red. Americans flee high rates of both to live where they can keep more of their own money and be left …
by DCG The streets of San Francisco… From SF Gate: Dreaming of greener (read: cheaper) pastures? You’re not alone. According to a new survey by Edelman Intelligence, 53 percent of Californians are considering moving out of state due to the high cost …
by WARREN MOSLER Trumped up expectations fading: Highlights Doubts about future economic growth diminished optimism among small business owners to the lowest level in 26 months, according to the NFIB’s Small Business Optimism Index, which fell 3.2 points in January to 101.2, below …
by Michael Snyder A shocking new public opinion poll seems to have settled the debate about whether religious people or non-religious people are happier. In recent years, more people than ever are “throwing off the shackles of religion” in an …
by Michael Snyder Although she has only been in Congress for less than a month, Alexandria Ocasio-Cortez is getting more attention than any other member of the U.S. House of Representatives. She has been setting social media ablaze with her posts …
via thefreethoughtproject: A new survey published this month in the Journal of Psychoactive Drugs helps explain why Big Pharma is so afraid of cannabis. The pharmaceutical and alcohol industries, both powerful influences in Washington, have long lobbied against cannabis legalization in order …
From Birch Gold Group This week, Your News to Know rounds up the latest news involving gold and the overall economy. Stories include: Main St. bullish on gold for 2019, market turmoil shows why you should own gold, and gold to remain an …
by WARREN MOSLER Not good: California Home Sales Slowest For An October In Seven Years (Econintersect) California home sales fell year over year for the third consecutive month, hitting a seven-year low for an October, as affordability constraints and a …
via CNN: New York (CNN Business)America’s finance chiefs fear the economic expansion is nearly over. Almost half (48.6%) of US chief financial officers believe the United States will be in recession by the end of next year, according to the …
by User_Name13 Unfortunately they are not wrong. If anything, I’m surprised that number isn’t higher than 25%. Also if Gen X is this fucked now, then what does that portend for Millenials and Gen Z? The younger generations in this country …
by Michael Snyder What gives you a sense of meaning and purpose in life? That may seem like a very unusual question, but I believe that it is a very important one considering how deeply unhappy our society currently is. Everyone needs …
via Bloomberg: Many Americans cite leading a stress-free life and having “peace of mind” as their personal definition of wealth. That doesn’t sound too money-centric on the face of it—until you consider that money, or specifically the lack of it, is …
Close to 40 percent of individuals polled by Bankrate.com say their personal financial situations have improved since President Trump was elected. Among households earning less than $30,000 a year, 78 percent say that their financial situation hasn’t improved since 2016. …
75% of the ultra-rich forecast a US recession in the next two years, survey finds from CNBC. Of those expecting an economic downturn in the U.S., a fifth of respondents — 21 percent — believe it will begin in …
by sundance What happens when the silent majority stand up in full force and elect a president entirely focused on advancing the interests of Main Street over Wall Street? What happens when that President takes office and begins systematically instituting a …
(CBS Local) – Washington D.C. may be the nation’s capitol, but a new survey is also calling it the “worst-run” city in America. Personal finance website WalletHub has released its rankings for the worst big cities in the country and found …