Biden’s Inflation Nation! REAL Weekly Wage Growth Negative For 25 Straight Weeks, REAL Home Price Growth At -3.5% YoY As M2 Money Growth At -4.1% YoY (Largest Drop In REAL Home Price Growth Since 2012)

by confoundedinterest17 I wish Biden would spend more time trying to negotiate with McCarthy to end the debt crisis rather than stir up race hatred like he did at Howard University graduation. C’mon Joe! White “supremacy” is not the most …

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Remember when the Fed stopped reporting weekly unrealized losses across banks in H.8? This report shows 722 banks have unrealized losses greater than 50% of the capital.

by laflammaster H.8 – Weekly bank statements on assets and liabilities provided every Wednesday by the Fed. 722 high risk, 31 with ultra high risk of collapsing. Massive asset duration mismatch combined with today’s high interest rates have turned banks …

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US July Inflation Remains Hot (CPI At 8.5% YoY) While Real Weekly Wage Growth Remains Burned (-3.6% YoY) Mortgage Refi Apps Down -82% YoY While Mortgage Purchase Apps Down -19% YoY)

by confoundedinterest17 The US July inflation report remains hot, hot, hot! While mortgage purchase and refinancing applications are not, not, not. The US consumer price index rose 8.5% in July. And real average weekly growth remains burned by horrid inflation, at -3.6% YoY. …

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Wife told to stop spending more than $120 on weekly groceries for family-of-five

by Boo_Randy “And they started to fight when the money got tight…and they just didn’t count on the tears.” Billy Joel, “A Bottle of Red.” Heckova job, central bankers. https://www.news.com.au/finance/money/costs/wife-told-to-stop-spending-more-than-120-on-weekly-groceries-for-familyoffive/news-story/2aa13da73bc6da7214e8bf09609ab605 A husband has come under fire for demanding his wife …

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ECRI Weekly Leading Economic Indicator

via advisorperspectives: This morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 147.0, down 1.5 from the previous week. Year-over-year the four-week moving average of the indicator is now at -0.70%, up from last …

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GLOBAL MARKETS weekly recap

via @MacroTechnicals: wk4 1/n • RiskON continued • hope on FED total pause, PBoC, remain dovish ECB/BoJ • 76%/24% indices breadth • FX 81% vs USD, 71% vs JPY • most of EM bonds rallied • creditspreads tighter • VIX lower …

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Fake News Alert: Influential German news weekly Der Spiegel, shaken by a scandal over a reporter who admitted faking stories for years, said it has suspended two senior editors.

by AnonDidNothingWrong The contracts of Ullrich Fichtner, an editor in chief, and Matthias Geyer, a chief editor, have been “suspended until the (magazine’s) internal commission has completed its investigation into the affair,” the editor in chief Steffen Klusmann said in …

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Economic Sentiment is rolling over; Weekly Midcap momentum crashes to 2008 levels; SPYB buyback index continues to lead the markets lower; Yet traders not fearful

Weekly Midcap momentum crashes to 2008 levels! pic.twitter.com/JHqJlZdQoh — Alastair (@StockBoardAsset) December 19, 2018 Economic Sentiment is rolling over-> New cycle high for "how to prepare for a recession" pic.twitter.com/UUd9L0ozub — Alastair (@StockBoardAsset) December 19, 2018 $SPYB buyback index continues …

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