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Aug 2, 20223 min read
📉 Black Knight Mortgage Monitor: "Record-Setting Slowdown in Home Price Growth"
The pullback in home price growth in June marked the strongest single month of slowing on record dating back to at least the early 1970s
Jul 16, 20222 min read
U.S. Producer Price Inflation Now at 11.3% - Jump of 1.1% In June More Than Analysts Expected
A report released by the Labor Department on Thursday showed U.S. producer prices increased by more than expected in the month of June.
Jul 12, 20221 min read
Yes, An 'Auto-Bubble' Too: Repos From Car Loans Originated In 2020 And 2021 Are Skyrocketing
If you're looking for proof that we're already in the midst of a meaningful deleveraging, look no further than car repos.
Jul 9, 20225 min read
Inflation May Force 2 in 3 Small Businesses to Close in 2022 📉
The results show that inflation & rumblings of a recession – present a serious threat to the survival of the majority of small businesses.
Jul 5, 20221 min read
📉 The Recession is Here: Atlanta Fed Announces GDP for Second Quarter at Minus 2.1%
REMEMBER, JUST LAST WEEK “ECONOMISTS” & PUNDITS WERE ACTUALLY TELLING US THAT RECESSION "WASN’T A FOREGONE CONCLUSION"
Jul 2, 20221 min read
🎥 Eye-Opening 45-Second Animation Shows The Explosion of Inflation in Just 2 Years
AN EYE-OPENING ANIMATED INFLATION CHART.
Because, ya know….”it’s just transitory”
Jun 26, 20221 min read
"When Not If..." - Monster Of A Recession On Deck 📉
If sentiment is the leading indicator and if unemployment is set to soar to 14%, we are about to have a monster recession on out hands.
Jun 26, 20222 min read
📉 Home Showings Across US Plunge 24%, Mortgage Rates Remain Elevated
a “clear sign of a slowing housing market in a high-inflation, slow-growth economic environment.”
Jun 24, 20223 min read
US housing market price correction to hit ‘coast to coast’, economist warns
Larry Botel, a senior real estate advisor at Solomon Partners, said a housing correction is inevitable and “has already started to happen.”
Jun 22, 20221 min read
🎥 ‘No, Inflation Was High Before the War in Ukraine Broke Out’ – Fed Chair Fact Checks Biden Lies
Powell was asked if the war in Ukraine is the primary driver of inflation in the US.
Jun 22, 20222 min read
📉 The Housing Crash Begins: Sales of Previously Owned Homes Fall to an Almost Two-Year Low
Sales of previously owned US homes fell for a fourth month in May, receding to the lowest level in nearly two years as demand plunges.
Jun 19, 20221 min read
Housing Crash Imminent: As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses
30Y mortgage rates soaring at the fastest pace on record to above 6%, sending average mortgage payment up by nearly 20% in 6 months.
Jun 15, 20222 min read
The Housing Crash is Here: Mortgage Demand Down 50% From A Year Ago, as Interest Rates Shoot Past 6%
Sharply rising interest rates are decimating mortgage volume. Purchase applications were 16% lower compared with a year ago.
Jun 5, 20221 min read
Americans Will Never Forget The Historic Economic Collapse During Joe Biden's "Presidency"
We've faced a lot of challenges in modern history, but nobody will ever forget the economic horror that is breaking loose as we speak.
Jun 5, 20222 min read
Cortes - Yellen: 'Oh, You Mean That Inflation?'
Treasury Secretary Yellen just publicly admitted she totally missed the biggest explosion in inflation in over a generation.
Jun 5, 20221 min read
📉 It's Here: Expect A Deep Recession To Start This Quarter Or Early Third Quarter
GDP estimates are plunging but are still too high. A recession is on the near horizon and it's going to be worse than the media will admit.
Jun 5, 20221 min read
The War We Ignore: Our Rulers Have Lost Their Minds
Wonder what is happening to the world? The answer is the policy disasters of the last two years. The bill is rapidly coming due.
May 26, 20221 min read
The Media Ignores: Two Straight Weeks of Record High Gas Prices – 14 Days and 11 Record Highs
The fake news does not want to touch this! Gas prices hit another record high on Tuesday at $4.598 per a gallon of regular gas.
May 18, 20221 min read
Goldman Economist: US Consumers Maxing Credit Cards Will Lead To Late 2022 Spending Collapse
In March, credit card debt soared by a record $52.4 billion, the biggest monthly increase on record and more than double the expected change
May 13, 20221 min read
Annnnd....There Goes The Housing Market
The housing market is eager to comply with Powell's and Biden's handlers' wishes, and is leading the charge into the economic abyss
May 12, 20221 min read
How Governments Expropriate Wealth With Inflation And Taxes
America's seeing firsthand the problems of disproportionate government intervention and the negative impact on the middle class.
May 11, 20221 min read
📉 In One Chart - Why The Housing Market Crash Is Inevitable
Until this toxic economic pattern shows signs of reversing, the unfortunate reality is that a decline in home values is inevitable.
May 11, 20221 min read
US Gasoline Prices Hit ANOTHER Record High And Peak Driving Season Has Yet To Come
Across the board, fuel prices are at record highs: AAA's new data shows the average gasoline price at the pump hit $4.374 a gallon
May 10, 20221 min read
US Consumer Debt Accelerates Towards $16 Trillion - Highest Since 2007
According to the Federal Reserve (Fed), U.S. consumer debt is approaching a record-breaking $16 trillion.
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