50%+ over forecast for consumer credit! Consumers must be as “sound and resilient” as the banks. May 5, 2023 7:29 pm
Some consumers with variable-rate mortgages at Canada’s biggest banks are tacking unpaid interest onto their mortgage’s principal instead of paying the full amount each month. Others are paying interest only. 2008 flashbacks April 13, 2023 7:41 pm
Hail Zorp! The Fed Waited Too Long (Again) To Fight Inflation, Now Banks and Consumers Are Getting Hammered (Mortgage-backed Securities Got Clobbered Once Fed Started Raising Rates) April 3, 2023 11:05 amApril 1, 2023 11:54 am
2-year Treasury Yield Yops 5%. Consumers Are Still Spending. Used-Vehicle Auction Prices Jump for Third Month, after Last Year’s Plunge. More Trouble Brewing for “Core” CPI March 8, 2023 10:00 pmMarch 7, 2023 4:20 pm
Lower income consumers are struggling with debt… Average 401k balance is $103,000… February 23, 2023 7:14 pm
US Consumers Have Lost $4 Trillion In Real Disposable Income Under Biden January 31, 2023 10:22 pmJanuary 30, 2023 1:52 pm
Pension Funds in Historic Surplus Eye $1 Trillion of Bond-Buying (Consumers In Bad Shape With Personal Savings Down 53.5% YoY And Real Weekly Earnings Negative For 21 Straight Weeks, GOLD Soaring!) January 28, 2023 6:27 pm
Last month’s retail sales were the worst in a year, but consumers are supposedly “very strong” January 27, 2023 6:46 pmJanuary 26, 2023 11:39 am
Consumers are not quitting when it comes to spending, more fuel for the inflation fire. Retail sales surged by 1.3% ($694.5 billion) in October (8.3% above October 2021). Retail sales, which are not adjusted for inflation, were up by 8.3% for the 12 months ended in October. November 16, 2022 11:14 am
U.S. Consumers Are Doing EXACTLY What They Did Just Prior To The Crash Of 2008 November 17, 2022 12:17 pmNovember 15, 2022 9:55 pm
U.S. Consumers Will Be Spending Much Less This Holiday Season Because Many Of Them Are Already Tapped Out November 10, 2022 10:32 amNovember 8, 2022 10:20 pm
Consumers are buying fewer items to cope with inflation at the grocery store…Bezos warns on the economy, saying it’s time to ‘batten down the hatches’ October 19, 2022 8:45 pmOctober 19, 2022 7:27 pm
Rounding up isn’t just for charity, stores urging consumers to spend loose change October 18, 2022 10:09 am
Americans expect costs to RISE even more next year in sign that consumers are losing confidence that the Fed can tame soaring inflation, new survey shows October 14, 2022 11:50 pm
US Retail Sales Stagnate As Inflation Hits Consumers (Fed Tightening To Combat Bidenflation) October 14, 2022 9:41 pm
Consumers’ Research Launches Campaign Exposing How BlackRock Raises Energy, Housing Prices August 18, 2022 11:18 pm