By Graham Summers, MBA As I first noted in my best-selling book The Everything Bubble: The Endgame For Central Bank Policy, “politicians make promises, but bond markets deliver.” What I meant by this is that our entire political system is now …
BREAKING: Nvidia tops $1 trillion dollar market cap on massive AI bet https://t.co/qFWoDRGYgb pic.twitter.com/KIvmYmdShW — Bloomberg (@business) May 30, 2023 Nvidia Introduces AI Supercomputer To Create ChatGPT Successors https://t.co/wwX0TDIMsy — zerohedge (@zerohedge) May 30, 2023 h/t TheBaker
by talaabo The debt ceiling agreement includes a provision that restarts student loan repayment 60 days after the bill is signed. This is going to suck money out of millions of Americans who haven’t paid student loans for 3 years. …
More high-school graduates are being diverted from college campuses by brighter prospects for blue-collar jobs in a historically strong labor market for less-educated workers. The college enrollment rate for recent U.S. high-school graduates, ages 16 to 24, declined to 62% last year …
by: Arsenio Toledo (Natural News) The real estate market of China, the largest in the world, is on the brink of collapse as enthusiasm from Chinese home buyers plummets drastically. China’s real estate market was already in a state of decline in early …
Photo by Fizkes From Peter Reagan at Birch Gold Group Since we’ve been in a constant state of recession watch for a while now, today I’m going to explore the current state of the housing market. Why housing? Well, here’s what The Economist has …
by AC U.S. MONEY MARKET FUND ASSETS HIT RECORD HIGHS DESPITE DEBT CEILING FEARS — FXHedge (@Fxhedgers) May 24, 2023 M2 decline is being over stated by the transfer of funds into money market funds. (as of today the 4-week …
by confoundedinterest17 Between Biden’s push to tax those borrowers with good credit and reward those with bad credit and Rocket Mortgage annoucing 1% down payments in a declining home price economy, Biden’s housing market is looking more like a house …
Federal Reserve researchers have developed a new measure of credit and financial market sentiment from Twitter Inc. data that they say can help forecast changes in the stance of monetary policy. The Twitter Financial Sentiment Index uses natural language processing on the …
U.S. money market fund assets hit a new record of $5.8 trillion this week as yield-hungry investors continued to turn to the short-term debt securities – a stark contrast to the 2011 debt- ceiling standoff when there were large outflows …
In an interview with Bloomberg on Monday, the Abrdn investment director pointed to ongoing talks between President Biden and lawmakers, who are still sparring over the conditions to raise the country’s borrowing limit. The White House and member of Congress will likely …
by Dismal-Jellyfish Money Stock Measures – H.6 Release https://www.federalreserve.gov/releases/h6/current/default.htm M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, …
Over the past three years, we’ve seen the development biggest car price bubble in history, and now we’re about to witness the biggest car price crash in our lifetime, according to the experts. With a flood of supply hitting the …
By Graham Summers, MBA The stock market sure look bullish, doesn’t it? The S&P 500 has managed to start turning its 200-day moving average (DMA) upwards. This is a significant development is at it indicates that the intermediate to long-term …
Janet Yellen just warned of more bank failures to come.https://t.co/eRNWyF40LV Good thing to learn on a Friday afternoon at the same time that debt ceiling talks are suspended. pic.twitter.com/J1EHKFFZpu — Mac10 (@SuburbanDrone) May 19, 2023 This country is a mess …
by jessefelder Despite the stock market rally so far in 2023, the S&P 500 Index has not come close to regaining its all-time high put in early last year. What has soared to new highs, however, is the stock/bond ratio. …
Consumer Price Index Housing Link: https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l55o/mm23 h/t Snoo66460
by bitkogan As it stands, we’re seeing low volatility, and the market seems to be treading water. Despite many factors favoring a drop, we are where we are. The S&P index appears to be slightly bearish – a subtle movement that …
The U.S. Federal Reserve will hold its key interest rate steady this year despite an expected recession, according to a Reuters poll of economists, who also said the risk of a U.S. default over the debt ceiling was higher compared …
by AC There used to be, at least in the UK online papers covering the US market, stories of major problems in the US Real Estate market. There used to be weekly reports and articles in the alt media on …
by confoundedinterest17 Biden’s economy and mortgage market are like a bad wine hangover. Thanks to inflation and The Fed’s tightening to fight inflation, mortgage purchase demand is down a staggering -42.4% since April 2021. Mortgage applications decreased 5.7 percent from one …
by Dismal-Jellyfish Looks like the Nellie Liang description was cutoff–here it is in full: “Staff at FSOC member agencies have been working to improve monitoring systems to identify potential emerging financial stability risks posed by highly-leveraged hedge funds. Work in this regard …
by Dismal-Jellyfish Source: https://www.cftc.gov/PressRoom/PressReleases/8703-23 Commissioner Caroline D. Pham announced today the 2023-2025 proposed work program for the Commodity Futures Trading Commission’s Global Markets Advisory Committee (GMAC), including the Global Market Structure Subcommittee, the Digital Asset Markets Subcommittee, and the Technical Issues …
Scary stuff. Remember, Apeel = BILL GATES! Chances are you don't want to eat it. The latest headlines on COVID science and health are summarized in this episode from @ChildrensHD:https://t.co/vx6O7qR25l — Vigilant Fox 🦊 (@VigilantFox) May 10, 2023
by bitkogan Nothing much has happened in the markets yet, and that may well indicate a problem. Typically in May, market activity is quite high. This year, however, the month feels more like the late July and August vacation season. …
Morgan Stanley expects a -0.4% GDP in the second quarter in the U.S. pic.twitter.com/Ksns6UdD2N — Daniel Lacalle (@dlacalle_IA) May 8, 2023 The market is expecting the Fed to start cutting rates very soon pic.twitter.com/cGkUvk3vil — Genevieve Roch-Decter, CFA (@GRDecter) May …
