US Treasury Yield Curve Is One of the Most Inverted in History – Mish Talk
Strong Recession Signal Since 1990, the spread between 30-month T-Bills and the 10-year Treasury Note was only more inverted ahead of the 2001 recession. Since...
Those Age 65+ Constitute 81% of the Working Age Population Increase In the last 3 Years – Mish Talk
Data from BLS, calculation and chart by Mish. Definitions The Civilian Noninstitutional Population is defined as persons 16 years of age and older residing in...
Huge Layoffs Including Thousands at Amazon and FedEx in Peak Shipping Season – Mish Talk
Amazon Layoffs Amazon Set to Lay Off Thousands of Corporate Workers The layoffs come as Amazon is undertaking a broad review of costs, The Wall...
Those 16 to 19 Years Old Have Returned to Work, Other Age Groups Haven’t – Mish Talk
Labor Force Participation data from the BLS, chart by Mish Definitions The participation rate is the percentage of the population that is either working or...
Inflation Isn’t Going Anywhere. History Says It Could Take a Decade To Get Back to Normal: Barron's
The Fed and the markets alike anticipate inflation pressures abating significantly in 2023. History is not on their side. [ad_2] Source link...
The Crypto Casino Fails, FTX Files for Bankruptcy $8 Billion in the Hole – Mish Talk
Image of Sam Bankman-Fried and Bill Clinton courtesy of CoinDesk. CoinDesk reports Washington, D.C.’s Buddy Sam Bankman-Fried Has Some Explaining to Do. FTX was a...
A Net 17 Percent Say They Will Spend Less This Holiday Season – Mish Talk
Graphic courtesy of Morning Consult A Morning Consult offers a First Look at Consumers’ 2022 Holiday Plans Key Takeaways Financial Service: To avoid going into debt this...
Record 7 Percent Surge Small Business Rent Delinquency In October – Mish Talk
Record Surge in Small Business Delinquencies Alignable reports Record Surge In Rent Delinquency: Up 7% In October, Totaling 37% For U.S. SMBs Due to ongoing...
Huge Tech Layoffs Begin, More Coming, Who’s On the Chopping Block? – Mish Talk
Twitter Axe Last Friday, Elon Musk cut about half of the company’s work force. That’s approximately 3,700 jobs. Many employees did not know until they...
Mortgage Rates More Than Double In 10 Months Adds Stress to Buyers and Flippers – Mish Talk
Mortgage rate chart courtesy of Mortgage News Daily, annotations by Mish. Death of Deals Puts Stress on Flippers Since the beginning of the year, mortgage...