It was fun while it lasted
It was fun while it lasted pic.twitter.com/D1m2OCzDwD — zerohedge (@zerohedge) February 24, 2021 That was fast pic.twitter.com/MtcAJWXdag — Gianluca De Stefano (@Theimmigrant84) February 24, 2021
while
January Existing Home Sales Reveals Record Low Lack Of Inventory (While Median Prices Grow At 14.82% YoY)
by confoundedinterest17 A picture is worth a thousand words. January’s existing home sales median price rose at near housing bubble high (14.82% YoY) while inventory has mostly vanished. Despite the 30Y
Bond Bubble: US Corporate Junk Bond Sales Explode While Junk Bond Yields Fall To Record Lows
by Jason Burack of Wall St For Main St Jason talks about how insane the US corporate bond bubble is now getting as demand for US corporate junk bonds goes bonkers and junk
Bond Bubble: US Corporate Junk Bond Sales Exploding While Junk Bond Yields Fall To Record Lows
Jason talks about how insane the US corporate bond bubble is now getting as demand for US corporate junk bonds goes bonkers and junk bond yields fall to all time
Trump lost $2B while serving as president
Former President Donald Trump lost close to half of his wealth during his time serving as president. Trump left office with a net worth of about $2.5 billion, down from $4.5 billion
Rent “Inflation” Plunges To 2.2% YoY While Core PCE YoY Prints At 1.45% (Taylor Rule Rudebusch Now At 1.45%)
by confoundedinterest17 US equivalent rent of residences continues to fall like a paralyzed falcon to 2.2% YoY. Today’s report on PCE YoY printed at 1.45%. And the Taylor Rule (Rudebusch) based
Physical silver up big today while Robinhood has delisted $PSLV.
View post on imgur.com AC
US Q4 GDP Forecast (Trump’s Final Reading) Is 7.541% While Home Prices Growth At 10.2% YoY
by confoundedinterest17 According to the Atlanta Fed’s GDPNow forecast, US GDP forecast for Q4 is 7.541%. This combined with elevated U-3 unemployment (6.7% thanks to state and local government shutdowns) and
December Existing Home Sales Growing At 22.24% YoY While Inventory Crashes To All-time Low (Best Year Since 2006 And The Housing Bubble!)
by confoundedinterest17 December’s existing home sales numbers are out for December 2020. The numbers are 6.76 million SAAR existing home sales, growing at 0.7% MoM. But on a YoY basis, existing
Manufacturers Bet on Reflation While Consumers Become Savers
In today’s show, you will learn why I’m confused about the economic data as the money supply is rising likely due to stimulus and the manufacturing sector is bristling with
Cantillon Effect: Real Estate Prices Must Go Up? US Home Inventories Collapsing While Rents Collapse
by Jason Burack of Wall St For Main St Rents in many major metro areas in the US are collapsing during the pandemic, evictions are frozen (for now at least) and at least
Life in the UK: People arrested for drinking coffee while walking along waterfront
by DCG Arrested for freely hugging people. Now you can’t even sit on a bench by yourself and drink coffee. Utter madness. British people are now being arrested for drinking coffee
China M2 Money Growing At 10.1% YoY While US M2 Growing At 24.4% YoY (Monetary Medusas)
by confoundedinterest17 According to the People’s Bank of China, China’s broad-based measure of money printing, M2, is growing at 10.1% YoY. Wow, that is a YUGE amount of money being printed. But
January 6…While we are “distracted”, New York will vote on a Bill to IMPRISON people or groups of people with communicable diseases.
On #Jan6, while the rest of the country will be #distracted by electors, #NYState is going to vote to #imprison people with #COVID. Yes, that's right – no concern for
AMD Sold Over 35,000 Ryzen 5000 & Ryzen 3000 CPUs While Intel Only Sold 5000 10th/9th Gen CPUs In November at MindFactory
AMD has just scored a landscape victory in the German market with the retailer MindFactory reporting that they were able to sell over 35,000 Ryzen 5000 & Ryzen 3000 CPUs