Only 50%+ over forecast! The consumer is rocking it! https://t.co/FGVuHQyQpN — John Tuld (@BradHuston) May 5, 2023 This is the first time M2 Money Supply has ever touched the lower Bollinger band. In 1992 we weren't even close. We're currently …
by f*ckyourdeadnan How many of you here know what Monosodium glutamate (MSG) is? If I had to make a wager I’d say the majority of people reading this haven’t heard of it, yet I would bet even more money that …
https://consumersresearch.org/wokealert/
by BoatSurfer600 via bnnbloomberg: 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. The tactics are becoming more common as …
by confoundedinterest17 Former Fed Chair (and current Treasury Secretary) Janet Yellen protected President Obama by raising The Fed’s target rate only once while Obama was in office. Then raised rates 8 times after Donald Trump was elected in November 2016. …
by BoatSurfer600 https://www.cnbc.com/2023/03/07/us-treasury-yields-investors-anticipate-fed-chair-powells-remarks.html Consumer Credit Alert! In January, consumer credit increased at a seasonally adjusted annual rate of 3.7 percent. Revolving credit increased at an annual rate of 11.1 percent, while nonrevolving credit increased at an annual rate of …
Subprime car loans in delinquency have hit a 13-year high. Another sign that lower income consumers are struggling with debt. pic.twitter.com/Kx849p5hcW — Markets & Mayhem (@Mayhem4Markets) February 23, 2023 https://twitter.com/leadlagreport/status/1628850568427892739 The Fed’s economists think we are entering a recession. How …
By Lance Roberts We recently discussed the recession signals from the NFIB (National Federation Of Independent Business) and the inverted yield curve. “As in 2019, we see many of the same recession signals from the NFIB survey again combined with a high …
by confoundedinterest17 The Federal Reserve’s Open Market Committee (FOMC) is meeting on Wednesday. What will they do? First, The Fed Funds Target (upper bound) is above the Core US inflation rate YoY. Second, M2 Money growth YoY has slowed to -1.3%. …
by confoundedinterest17 Despite polticians like President Biden cheerleading his great economic accomplishments and Treasury Secretary Janet Yellen dipping into Social Security to fund the Federal government (much like Biden’s dipping into the Strategic Petroleum Reserve), there are serious problems facing …
by TopFinanceTakes Goldman Sachs CFO: the bank is seeing early signs of consumer credit deterioration. — unusual_whales (@unusual_whales) January 25, 2023
by Dismal-Jellyfish Source: census.gov Judging by the Q3 Report on Household Debt and Credit: The 15 percent year-over-year increase in credit card balances marked the largest in more than 20 years, it was on credit cards. Walmart’s Doing Great. Its Customers, on the …
by Michael We never seem to learn from our mistakes. Just before the financial markets crashed and the economy plunged into a horrifying recession in 2008, U.S. consumers went on a debt binge of epic proportions. Mortgage debt, auto loan …
by Michael This holiday season is certainly going to be far less jolly for millions of Americans. Yesterday, I detailed 11 signs that economic activity in the U.S. is rapidly declining. Well, today we have gotten even more bad news. Thanks to …
It does not look like a soft landing Consumers are buying fewer items to cope with inflation at the grocery store. A leading indicator of consumer spending this holiday season. pic.twitter.com/5JWCYoN3bw — The Maverick of Wall Street (@TheMaverickWS) October 19, …
It has become common practice for stores to ask customers to round up their orders for charity. But one big reason stores may ask you to round up is not just about charity. According to the Food Industry Association, many …
by Boo_Randy With the MSM’s code of silence when it comes to reporting on the Fed’s fiat currency swindles, I doubt if even one in ten Muricans has made the connection between the soaring cost of living, and Money Printer …
by confoundedinterest17 Bidenflation is just killing us. Now rising prices and The Fed’s counterattack are killing retail sales for American consumers. US retail sales were sluggish last month, suggesting shoppers are becoming more guarded about discretionary purchases in the worst …
Consumers’ Research launched a new campaign exposing how BlackRock weaponizes Americans’ retirement funds to wage war on the American fossil fuel industry, which raises energy and housing costs. Consumers’ Research this week launched a national campaign to expose BlackRock, the …
by BoatSurfer600 Nouriel Roubini says predictions for a mild recession are 'delusional' as severe financial crisis looms *** — The_Real_Fly (@The_Real_Fly) July 25, 2022 U.S. 10-YEAR TREASURY YIELDS SHARPLY LOWER IN EUROPEAN TRADE, LAST DOWN 6.5 BPS TO 2.757% — …
ASEAN countries Consumers all over the world are cutting back on spending pic.twitter.com/eBYIopCW9b — Alessio (@AlessioTMAD) July 7, 2022 Shrinking paychecks and rising costs of living are sparking social unrest and strikes I did warn you pic.twitter.com/ZoTEDQWzSW — Alessio (@AlessioTMAD) …
by confoundedinterest17 Alarm! No problemo, says James “Bully” Bullard, President of the St Louis Federal Reserve. Bullard said that US recession fears are overblown with consumers “healthy.” Really Jim? Inflation is so bad they REAL average hourly earnings growth keeps falling …
Food and Beverage Industry Takes Hit as Consumers Save Money. Seventy-two percent of U.S. consumers intentionally took steps to save money because of inflation in May, according to a Morning Consult survey, which showed that the food and beverage industry …
by Martin Armstrong Consumer spending, a main indication of the nation’s economic health, has remained strong despite rising inflation. Personal spending increased 0.9% in April, while March’s figure was revised to 1.4%. Obviously, people have been spending more on less …
By Alex Kimani While more than 13 states are already paying $5 or more for a gallon of gas, the U.S. is on course to see the average price of gasoline hit that price for the first time ever. Now, …
A New York Fed research paper said American consumers expect no relief from high prices in the near-term, believing the current bout of roaring inflation will keep percolating for the next twelve months before finally losing steam over a three-year horizon. A …
by Michael Prices are soaring, there are widespread shortages of certain items such as baby formula all over the nation, and at the same time U.S. economic activity appears to be really slowing down. Considering all of that, it makes …
This week’s crash in retail stocks was more serious than many realize. Retail giants said inflation is reducing spending on nonessential items. Consumers are going from being handed $4 trillion to no discretionary income. Now throw in rising rates and …
by Peter Schiff of Peter Schiff Podcast · More downside to go as investors panic buy stocks. · Robinhood will ultimately go bankrupt. · Jerome Powell gets reappointed as Fed chair. · Consumers are borrowing more, despite rate hikes. · Oil positioning for …
Majority of US consumers will ‘struggle’ to make ends meet, investment expert says During an interview on “Mornings with Maria” Adviser Investments CIO Jim Lowell said that there may be a bifurcated recession, where the top 1 to 15% of …