Friday May 12 we had the annual Hoover monetary policy conference. Hoover twitter stream here. Conference webpage and schedule here. As before, the talks,...
Average Age Of American Cars Hits Record High For the sixth consecutive year, the average age of vehicles in the US has risen, indicating...
Kunstler: The Elites Are The Useful Idiots Of The Security State Authored by James Howard Kunstler via Kunstler.com, Dirty Secrets “The...
We recently published a blog post I wrote entitled, ‘Why I think tech and small caps could rally this year’. In that post I explained the...
U.S. banks have been navigating a minefield of tumultuous conditions throughout much of the year, leading to a greater concern ... Read more
From the NY Fed: Total Household Debt Reaches $17.05 trillion in Q1 2023; Mortgage Loan Growth Slows The Federal Reserve Bank of New York's Center for...
President Biden And The Need To Do Something... Just Not Now Authored by Mike Shedlock via MishTalk.com, Last week, President Biden reiterated...
Soaring Rates Lead To Slowest Growth In Household Debt In Two Years As Mortgage Originations Plummet Total household debt rose by $148 billion,...
The problem started during the pandemic but has carried over and continues to cause problems.
The bank has set hares running by forecasting actual growth of the UK economy in 2023, while most other forecasters are more downbeat.
Total debt balances grew by $148 billion in the first quarter of 2023, a modest increase after 2022’s record growth. Mortgages, the largest form of household...
Most COVID-19 era stimulus benefits have ended, but some small businesses in Maine could still get forgivable loans. Maine will ... Read more
Key Events This Week: Retail Sales, Retail Earnings And Lots Of Fed Speakers After several busy weeks, and with some 90% of S&P companies...
- by New Deal democratThere’s no important economic news today, but tomorrow there will be several important updates, including real retail sales...
Overview: The dollar is mostly consolidating last week's gains. The big news has been on the political front. Thailand's opposition parties dealt the...
From the seasonal bottom on April 14 to now — a whole month — total active inventory has only grown by 14,913.
Price ActionClearly, the most important aspect of the stock market is price action. That's where it all begins. Currently, I like the daily and weekly...
For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary: Raise The Debt Ceiling While ... Read...
We began this blog post series discussing the promising employment prospects for young people ages 16–24 as they graduate from high school and college...
At 4%, Cash Is King... Authored by Lance Roberts via RealInvestmentAdvice.com What if I told you that future market returns could approach...
- by New Deal democratLet’s update some inflation-related information.First of all, real hourly wages for non-managerial personnel increased less...
Fed's Waller Drops Bombshell: 'Climate Change Risks Not Material To US' This will not go down well with the climate alarmists and ESG grifters... No...
What if I told you that future returns could approach zero? Such seems hard to believe, considering young investors piling back into the markets since...
Pakistan May Lose Support From IMF - Risks Debt Default As Civil Unrest Continues Almost exactly a year ago we covered Pakistan's efforts...
The Economy Is Beginning To Shudder - The Lag Effect Authored by Bruce Wilds via Advancing Time blog, Shudder is an interesting word, in...
- by New Deal democratInitial jobless claims rose 22,000 to 264,000 last week, while the 4 week average rose 6,000 to 245,250. Continuing claims, with...
A Third Of US Home Prices Fall In First Quarter As Shelter Costs Peak Goldman Sachs chief economist Jan Hatzius told clients he views today's...
The massive inflation and double-digit mortgage rates of the 1970s and early 1980s seem to haunt the Federal Reserve.
Researchers at the University of São Paulo (USP) in Brazil have created an exercise training program that survivors of severe COVID-19 can safely perform...
The Censorship-Industrial Complex: Top 50 Organizations To Know Authored by Susan Schmidt, Andrew Lowenthal, Tom Wyatt, Techno Fog, and 3...