Stocks Tank & Yield Curve Inverts After Hotter-Than-Expected CPI Print
Well that’s not what the market wanted to see… The hotter than expected CPI print has sparked turmoil in markets with the Treasury curve inverting...
Consumer Sentiment Collapses To Record Low In June
In a stunning miss, University of Michigan Sentiment collapsed in preliminary June data, crashing from 58.4 to 50.2 (massively below the 58.1 expectations). The current...
Global bond funds see weekly outflows on inflation worries
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register June 10...
Rents at mobile home parks are soaring as affordable housing demand grows
Placeholder while article actions load For nearly 30 years, Virginia Rubio has lived in a trailer park in Forks, Wash., where monthly rent teeters around...
Even Deep-Pocketed Buyers Are Starting to Back Away From the U.S. Housing Market
Two years ago, Austin real-estate agent Amy Deane, of Moreland Properties, was working with so many wealthy out-of-state buyers that she showed one $15 million...
Dotcom Bust 2, New & Improved
But we’ve had it so good for so long. And it was so easy, and it made everyone look like a genius. By Wolf Richter. This...
Let’s Tune Into Janet Yellen Quotes of the Day and Responses to Them – Mish Talk
Comic from Yellen Tweet below. No Recession Chip Shortages Did Not See This Coming The Hope Strategy Sarcasm of the Day Award to ZeroHedge No...
Laffer slams Biden admin over inflation: This is a ‘catastrophic economy’
Former Reagan Economic Adviser Art Laffer reacts to the May CPI report on ‘Mornings with Maria.’ During an interview on “Mornings with Maria” economist Art...
INFLATION ALERT – Is It Here To Stay? What Next?
The GoldSilver.com Team JUN 10, 2022 The latest inflation numbers are out and have startled investors around the world. In this latest update Mike Maloney...
Deflation Looms for Overstocked Retailers as Household Wealth Shrinks
Deflation Looms for Overstocked Retailers as Household Wealth Shrinks getty To the list of economic headaches plaguing consumers and retailers these days, consider an old...