Hugh Johnson and Dynasty Financial’s Ron Insana, join ‘Power Lunch’ to discuss what the PPI print may mean for the Feds next moves.
source
Hugh Johnson and Dynasty Financial’s Ron Insana, join ‘Power Lunch’ to discuss what the PPI print may mean for the Feds next moves.
source
wrong the US Dollar is collapsing around the world. Inflation is still spiking people cannot pay their bills. The US Has lost a net 4 million full time jobs the average American are defaulting on both car loans and CC debt
I feel like this won’t age well…..
So glad to see the comment section is full of scholarly wisdom
I will observe your chaos comfortably from my bitcoin perch. all you fiat participants, brace yourselves, the counterfeiting is too much.
Stay away from the noise, Ai, Ai, Ai. All these crooks are here to steal your money. They're telling you to sell what they're buying & buy what they're selling. So be smart about it!
One word Ðoge.
About a 63% chance for a recession….
1. The Mortage Purchase Application Index has plummted by 19% every year since 2020
2. Average monthly mortgage payments aren't affordable for most buyers in areas where the median income is significantly lower
3. Decline in numbers of National Association Of Realtors.
4. Widespread of layoffs in the mortgage and real estate industries
5. Increase in mortgage delinquencies, specifically FHA loans, which may result in more mortgage defaults and inventory hitting the market this year.
6. There is also a big increase in credit card defaults, up at pre-pandemic levels.
7. There is also an increase in auto loan defaults.
8. Corporate profits, specifically earnings and revenues, have been negative for the past year.
9. The Yield Curve: An inverted yield curve, where short-term interest rates are higher than long-term rates, has historically been a strong predictor of recessions. This inversion signals a lack of confidence in the future economy, prompting investors to seek short-term returns over long-term ones. This indicates a recession risk.
10. The Conference Board Leading Economic Index (LEI): This composite index, consisting of 10 various economic indicators like new orders, building permits, and stock prices, is designed to anticipate turning points in the business cycle, including recessions, roughly seven months in advance. As of the end of 2023, it shows the potential risk of a recession.
The price of a home has inflated 2 or 3 times the real value, the price of gasoline, food, electricity, natural gas, water has doubled in some states triple, the price of a car or truck has doubled, the price of car-Insurance, home-insurance has double This is the way the B-administration takes money from the poor and gives it to the billionaire (BlackRock&GiPOwners), but you are too dumb to figure that out. The B-administration is using your credit card to finance 3 wars, every corrupt politician gets their piece of the pie, the money to make payments on the credit card, come out of your paycheck, not a thing you can do about it, that makes you a slave.
wat is abnormally normal ? xD is lyk saying i feel warmly cold
Democrat Bidenomics has caused this:
Interest rates are at a 28-year high.
Mortgage rates are at a 23-year high.
CC delinquency rates are the highest since 2008.
US firms cut 82,307 in January, a 136% increase from December.
Tech Firms cut 15,806 in January.
Private Sector investment has flatlined for 2 years.
Household data report from the Bureau of Labor Statistics (BLS),
seasonally adjusted, shows the number of employed persons dropped
by 31,000 from December to January and is basically unchanged over the past year.
Working if you like higher taxes, record persistent cumulative inflation now >17.6%,
stagnant economy at best, banks failing, Federal Debt UP >$6-Trillion
(now totaling >$34-Trillion) with record gross interest payments,
US Deficit doubled to >$2-Trillion in one year, decline in US dollar
as world's reserve currency, 3-year DECLINE in household income,
shrinking savings accounts (down >$5.5-Trillion since 2020), RECORD consumer DEBT
being greater is never better ($1-Trillion in credit cards ALONE).
31% of Americans forced to work Overtime and/or 2-3 Jobs,
high cost of Biden’s Regulations hurting ALL Americans,
massive loan defaults, skyrocketing BANKRUPTCY rate,
corporate debt defaults UP 176%, long recession ahead,
second DOWNGRADE of US Credit Rating in HISTORY,
now Moody’s downgrades Biden’s and US banking giant's ratings to NEGATIVE,
growing FISCAL INSOLVENCY, looming government shutdowns,
with major cities rotting, higher crime, homelessness, and child poverty rates IN America.
Biden & Yellen are ABJECT FAILURES!
These guys are soooooooooo sophisticated
CNBC clowns be clowning
The strategic use of repetition in certain phrases or visual motifs adds a rhythmic quality to the storytelling. It's a subtle yet effective narrative device.
Does FED’s mandate to control inflation or keep S&P elevated ? The debate should be about rate hikes not when to cut.
What are these people smoking ?
Raise rates? Or wait till the preplanned election year market crash?
Sarah is one foxy ass lady
>I have about 5% of my portifolio in AAPL stock, any advice on any other that I can grow my $200 k capital to a million dollars?
totally
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