by confoundedinterest17 Is the US economy out of gas? Or are we under The Fed’s massive thumb? US Producer Price Index (PPI) final demand YoY fell to 2.7% in March as The Fed withdraws its massive monetary stimulus. Final demand MoM fell …
CNBC, Released on 11/9/22 Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, joins CNBC’s ‘Squawk Box’ to discuss Binance’s planned acquisition of crypto exchange FTX, what the midterm election results mean for the economy, and more. Fed's …
by Mac Slavo of SHTFplan A recent poll ascertained that Americans are willfully ignorant at best, and dependent slaves at worst. The poll proved that most Americans are economically ignorant and have no idea what causes inflation, the majority of those living in …
If you think government stimulus checks to curb inflation will curb inflation you are part of the problem. — Robert J. O'Neill (@mchooyah) October 31, 2022 https://twitter.com/WallStreetSilv/status/1586895756945924097 Lagarde: "Inflation came from nowhere" … actually no, it's what happens when the …
by confoundedinterest17 The Federal Reserve drives me crazy! Thanks to Federal Reserve increases in their target rate, the 30-year mortgage rate has risen above 6%. What drives me crazy about The Fed is their failure to removed monetary stimulus following …
by Martin Armstrong There are slips of the tongue, but President Biden cannot speak freely without a teleprompter. Every time he goes off script, he embarrasses his country. The president of the free world has no idea what is going …
by Frank Shostak via Mises By popular thinking, the key driver of economic growth is the increase in total demand for goods and services. It is also held that overall output increases by a multiple of the increase in expenditure by government, consumers …
by confoundedinterest17 Watching the US economy under Biden is like watching that horribly painful episode of The Office entitled “Scott’s Tots” where Michael Scott promises Scranton PA third graders that he will pay for their college … and then gives them laptop batteries …
For over a year, lawmakers and businesses have been bemoaning how they can’t find workers. Senate Minority Leader Mitch McConnell offered his own theory as to why at an event in Paducah, Kentucky, on Tuesday. “You’ve got a whole lot …
by confoundedinterest17 US gasoline prices just rose to an all-time high. Yes, even higher than the Dubya-era gasoline price surge of 2008. Rising gasoline and diesel prices are helping drive up food prices to the highest level in history. The proxy …
by confoundedinterest17 All I can say is “Wow.” Tobias Peter and Ed Pinto of the American Enterprise Institute (AEI) released their April housing report and it was a doozy. The AEI’s home price appreciation index came in at a blood curdling 17.3% …
by Martin Armstrong Free handouts will not combat inflation. The politicians (or their advisors) know this fact but continue to issue free money in exchange for votes. Governor Newsom is proposing spending $11.5 billion to provide Californians with a $400 gas …
The widely ignored lesson of Y2K AND 2008 is that the Fed CAN'T use monetary stimulus to bailout investors from a collapsing asset bubble CAUSED by excessive monetary stimulus. But they can accelerate it. pic.twitter.com/jX1Dbdy5rq — Mac10 (@SuburbanDrone) April 14, …
Americans already faced searing #inflation when #gasprices surged to an all-time high earlier this month. Families with two children could get as much $300 per month as long as the nation’s average gas price exceeds $4 a gallon, according to …
Lawmakers are mulling a proposal to pump billions into restaurants as Omicron rages. The Washington Post first reported on early talks between senators from both sides of the aisle. A White House official told Insider there’s been no final decision …
by Martin Armstrong Yet another example of government mismanagement at its finest. According to a new report by ProPublica, at least 18 billionaires received stimulus checks last year, although they were only to be received by individuals making under $75,000 …
by confoundedinterest17 (Bloomberg) — The largest owner of U.S. rental houses isn’t seeing any let-up in demand, or in its ability to increase rents. Invitation Homes Inc., which owns more than 80,000 single-family rentals, raised prices by nearly 11% in the …
Stimulus came and went. Real disposable personal income per capita (the most important income measure) is now below the pre-COVID trendline. The trendline was only ~1.8% from 2009-2020. pic.twitter.com/0DwUr7YcTU — Eric Basmajian (@EPBResearch) October 29, 2021 https://twitter.com/VSoien/status/1453905649901912065 https://twitter.com/NorthmanTrader/status/1454108084041826310 Amazon badly …
by confoundedinterest17 Despite monetary Stimulypto from The Federal Reserve (still growing!), US real GDP has fallen to almost zero. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2021 is 0.2 percent on …
https://twitter.com/Econimica/status/1446159955615043584 Cars, housing (below), stocks, etc. all being centrally engineered via ZIRP, QE, stimulus, etc. to artificially induced “inflation” against organically decelerating/declining demand. Just check Japan’s QE/housing charade to c where we’re going.
by confoundedinterest17 Can you say “All the king’s horses and all the king’s men ..” Or “All The Fed’s stimulus and all of Biden’s jobs bills ..” Yes, the Atlanta Fed’s GDPNow Q3 tracker slumped to 2.3% despite the massive stimulus …
by confoundedinterest17 Thanks for the stimulus! Or thanks for the Covid virus that enabled The Fed and DC to go crazy with low rates and spending. While US GDP printed at a revised 6.7% QoQ (annualized), it is the GDP PRICE Index that …
By Lance Roberts In the second quarter, household credit exploded higher as stimulus payments ran dry. Was the surge a function of excess spending, inflation, or an expectation of more “stimmies” coming? The chart below shows the total amount of household credit …
https://twitter.com/MFHoz/status/1432804693252755456 Deflate your bubble today or deflate it tomorrow https://t.co/7gMeMYiREN — Michael Lebowitz, CFA (@michaellebowitz) August 31, 2021 The gap between US home price appreciation and overall inflation has never been wider. pic.twitter.com/2bDKu02OS3 — Charlie Bilello (@charliebilello) August 31, 2021 …
The rent is ‘too damn high’ Apartment List National Rent Report https://t.co/KeEDtEpian — Peter Boockvar (@pboockvar) August 31, 2021 Since January 2021, the national median rent has increased by a staggering 13.8 percent. To put that in context, rent growth …
by confoundedinterest17 Policy makers should “get started” and begin to slow asset purchases even though the delta variant poses a risk to the U.S. economic outlook and to job growth, Federal Reserve Bank of Kansas City President Esther George said. “The economy …
The U.S. consumer is maxed out. They need more stimulus in order to continue this economy. And of course, stocks need their artificial boost as well. The U.S. consumer is maxed out. Consumer sentiment is down heavily. Real estate continues …
The president of the Federal Reserve Bank of Boston added his voice Monday to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary aid for an …
Massive inflation is the proposal it seems with trillions more to be pumped into the economy. Food prices are rising significantly as we see the inflation at this time. More money, cash, debt, entering the system. There is an influx …
