Richer people are eating more at Applebee’s and IHOP
In the three months ending June 30, sales at the two chains, which are both owned by Dine Brands, grew about 6% to 8% among...
A ‘Massive Re-Pricing’ In Assets Lies Ahead
The markets are in danger warns macro analyst Jesse Felder. He calculates that a turning point has occurred, beginning a new era that will see...
In Historic Overhaul, SEC Will Demand Hedge Funds Share Extensive Information, Including Strategy And Exposure
While there may not be a hedge fund industry for much longer considering everyone is now positioned dead wrong into this “most hated rally” especially...
The US is about to go full Louis XVI
On September 3, 1783, after nearly a year of excruciating back-and-forth negotiations, all sides had finally gathered together in Paris to sign a historic peace...
Tumbling Gas Prices Caused Inflation To Fall to 8.5 Percent in July
In more normal times, an annual inflation rate of 8.5 percent would be catastrophic news. Right now, it might be greeted with sighs of relief....
GDPNow Third-Quarter Forecast Jumps to 2.5 Percent, Recession Off? – Mish Talk
GDPNow data from Atlanta Fed, chart by Mish Please consider the August 10 GDPNow Forecast. The GDPNow model estimate for real GDP growth (seasonally adjusted...
What Biden Meant When He Said Zero Inflation (July CPI Rose 0% In July) While REAL Earnings Growth Remains Negative And Rent CPI Soars – Confounded Interest – Anthony B. Sanders
Joe Biden is without a doubt the worst communicator in Presidential history. Here is clip of him explaining how wonderful the US economy is under...
Fannie Mae’s Home Purchase Sentiment Index Falls From 81.7 In March 2021 To 62.8 In July 2022 (As Fed Tightens And Home Prices Boom) – Confounded Interest – Anthony B. Sanders
Fannie Mae’s Home Purchase Sentiment index has declined from 81.7 shortly after Biden was sworn-in as President to a meager 62.8 in July 2022. Of...
Australia’s Central Bank Working With BIS To Launch Digital Currency System
By Tyler Durden Australia’s Reserve Bank is launching a pilot program over the course of the next year in collaboration with the Bank for International...
BIS Has Nearly Ended Its Gold Swap Business
According to its just-published statement of account for July, the Bank for International Settlements has nearly ended its gold swap business, which it has been...