by confoundedinterest17
Alarm! US home prices are decelerating as inflation rages and The Fed tightens.
Home price growth in the US slowed the most on record as a doubling of borrowing costs (thanks to the US Federal...
by confoundedinterest17
One of my friends on Wall Street wrote my yesterday claiming “The 10-year Treasury yield is set to crash. Brace for impact!” Then I logged into Bloomberg this AM and saw the 10-year...
Prior 7.0%CPI MoM 0.1% vs. 0.0% expectedCPI year on year rose 6.9%. This was the 3rd consecutive monthly decline in the headline inflation. Gasoline prices are mostly responsible for the deceleration. Higher food...
Euro zone retail sales fell in August, data showed on Thursday, pointing to a weakness in consumer demand and underlining expectations of an approaching recession.Eurozone Retail Sales YoY: -2% (Forecast -1.7%, Previous -0.9%)The...
by confoundedinterest17
Biden’s green energy policies (limiting supply) caused a tremendous surge in energy prices and food prices (one has to pay to get food shipped!). But in order for The Fed to cool inflation,...