Ooh boy! A Prediction! Four out of the last four months real personal incomes have NOT kept pace with inflation. . .
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7
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337
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November 30, 2023
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Bank of America Fined $12 Million Over Inaccurate Mortgage Applicant Data (Hmm how did that turn out last time?)
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0
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280
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November 29, 2023
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Back to Old Tricks: a Pet Rock NFT sells for $200,000. Imaginary coins featuring cartoon frogs now have a half BILLION market cap
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12
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303
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November 27, 2023
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Oil prices rise 30% since mid June (isn't the summer driving season over?)
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16
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525
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November 16, 2023
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Redfin: Record Share of Home Sellers Drop Prices in October
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7
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354
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November 16, 2023
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Bank of America survey via Yahoo Finance: "Americans continue to ransack their retirement savings"
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8
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285
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November 13, 2023
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First Fitch, now Moody's: A second credit ratings agency reduces the outlook for US credit rating
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9
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281
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November 13, 2023
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WSJ: GM suddenly abandons its EV goals
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223
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1516
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November 11, 2023
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Today's 30-year Treasury auction was "ugly" as buyers refuse to buy US bonds at (such) low rates
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10
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311
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November 10, 2023
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Big Mac toke. The latest Alt currency?
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1
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132
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November 6, 2023
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CNBC ECONOMY: Remittances to Mexico near a record
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6
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258
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November 5, 2023
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A huge chunk of our national debt is coming due
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16
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358
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November 4, 2023
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The October jobs report is out. It's more of the same
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12
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332
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November 4, 2023
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Canada enters a (technical) recession
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4
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170
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November 4, 2023
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UBS: Number of US millionaires drops for first time since 2008 - as 1.8 million lose their status
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2
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170
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October 31, 2023
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Uh Oh . . . Logistics data shows "Real Economy" moving sideways since Covid, but financial "Paper Money" forming a bubble
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10
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463
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October 31, 2023
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Flashback: Oct 2007 (one month before the GFC when home prices crashed 25% and the S&P fell 62% in 5 months)
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2
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250
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October 29, 2023
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Immigration reform: Sweden Style
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12
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322
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October 28, 2023
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Moody's: 9 Out Of 10 Maturing Office CMBS Loans Defaulted In September
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6
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373
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October 28, 2023
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Breaking: Personal Incomes up 0.3% spending up 0.7%
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2
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113
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October 27, 2023
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This morning's BEA Report: Q3 Incomes shriveling, personal savings rates completely in the tank
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2
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159
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October 27, 2023
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Bloomberg: Car Owners Fall Behind on Payments at Highest Rate on Record
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5
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224
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October 24, 2023
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2023 housing market on track to have fewest sales since 2008
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8
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220
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October 24, 2023
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HOOT! Time to Celebrate! US Federal Debt just passed $100,000 per citizen!
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5
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193
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October 19, 2023
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Today's Treasury auction goes "no bid" (Fed tried to sell 30-year bonds and not enough buyers at 4.125%)
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2
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624
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October 13, 2023
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Bloomberg: Big Banks Set to Write Off a **Lot** of Bad Loans
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3
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269
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October 12, 2023
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Paying back debt? Why not?
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4
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190
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October 12, 2023
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Samsung (World's #1 in Smart Phones and World #1 in memory chips) anticipates 78% drop in operating profit
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1
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313
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October 11, 2023
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Oct 6 Jobs Report: One-third of new jobs (ttm) went to persons born abroad
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28
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365
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October 6, 2023
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BLS: 1.5 million permanent US job losses in August
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2
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188
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October 1, 2023
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