• https://www.zerohedge.com, by QTRs Fringe Finance
I have often commented that inflation is especially nefarious, because it operates in the dark machinery of the night, as nobody notices or has the time to understand it.
According to The Wall Street Journal, the average price of daycare in America rose 6 percent in July from a year before, nearly double the overall inflation rate of 3.2 percent.
In light of the August 2023 downgrade by Moody's of several US banks, as well as commentary by Fitch Ratings on the banking sector, ABA's Office of the Chief Economist is providing a brief assessment of the rating agency...
Major cities such as New York, San Francisco, and Los Angeles punished investment firms with high tax rates and a lack of business-friendly policies that only sparked an exodus during Covid.
The trend of higher-for-longer yields remained intact on Monday, despite the fact that traders still expect the U.S. central bank to be approaching the end of its rate-hike campaign and reaching its so-called terminal level for interest rates.
When it comes to housing, living expenses, taxes, insurance, and even grocery costs, South Dakota is the winner for the most affordable place to live in the United States.
And if those methods don't work--or inflict damage--the establishment economists' response is to simply call for more money printing, more debt, and even lower interest rates.
Do you remember what happened in 2008? Many people believe that another historic financial disaster is coming and that it will absolutely devastate the U.S. economy.
Florida and Idaho are America's fastest-growing states, according to data released by the U.S. Census Bureau. Their populations increased by 1.9 percent and 1.8 percent, respectively, causing them to rise to 22.2 million and 1.9 million from July 202
• https://www-cnbc-com.cdn.ampproject.org by Diana O
Builder sentiment dropped 6 points to 50 in August, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Anything over 50 is considered positive.
Mortgage rates are now holding solidly over 7%, hitting 7.24% on Mo
More companies are defaulting on their debt. So traders at banks and hedge funds are jumping back into the market for individual companies' credit-default swaps, or CDS, to insure against default.
At a time when gasoline prices - on average - should be falling, US pump prices are soaring (up seven weeks in a row - the longest streak since June 2022)...
Indeed, what we are seeing is a market chain reaction that was both predictable and arguably deliberate - it just takes the correct theoretical way of understanding the world to grasp it.