Student Loans Are A $197 Billion Money Loser For Taxpayers: GAO
By Tyler Durden Though progressives routinely express horror over that idea that the federal government profits from student loans, a new analysis by the government’s...
“Housing Recession”: NAHB. Homebuilders Cut Prices as Traffic of Prospective New-House Buyers Plunges, Cancellations Spike
Homebuilder sentiment dives 8th month in a row, their stocks are down 19% to 36% YTD despite blistering summer rally. By Wolf Richter for WOLF STREET. “Tighter monetary...
Housing Affordability Index Drops to Lowest Rate Since 1989, Still Way Too High – Mish Talk
Housing Affordability Index and mortgage rates via St. Louis Fed. Affordability in June Was the Worst Since 1989 The Wall Street Journal reports Affordability in...
UK Average Electricity Cost Will Soar to $5,370 Per Year By 2023 – Mish Talk
Image from NimbleFins article quoted below Net Zero by 2050 Outgoing UK Prime Minister Boris Johnson pushed for a net zero carbon policy by 2050....
German Costs to Ship by Barge are up Twenty Times and May Soon Be Impossible – Mish Talk
Rhine Nears Critical Level Shippers prepare for the worst in Germany as Water Level on the Rhine River is at a Critical Level. Shipping companies...
The Structural Drivers of Investment Returns
John P. Hussman, Ph.D.President, Hussman Investment Trust August 2022 This is the longest period of practically uninterrupted rise in security prices in our history…...
Analysis: Fed faces balance sheet dilemma as U.S. economy slows
The U.S. Federal Reserve Building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed Register now for FREE unlimited access to Reuters.com Register NEW YORK,...
The Global Debt Scam – Day of Reckoning?
By Marwan Salamah for the Saker Blog As the advanced economies appear to be stumbling inadvertently into stagflation and possibly worse, diversionary media tactics are...
The Trigger For The Next Great Depression
By Bert Dohmen, Founder Dohmen Capital Research (contains excerpts of our most recent Wellington Letter) During the bear markets of the past 30 years, inflation...
Bear market poised to last longer despite recent Wall Street rally, Morgan Stanley warns
UBS Managing Director and Senior Portfolio Manager Jason Katz discusses the impact of inflation on the markets. The recent rally in the U.S. stock market...