The continuing housing conundrum

by Michael E Dehn | Nov 4, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, World economic impacts

JUST IN: Mortgage demand is now down 50% from pre-pandemic levels and at its lowest level since 1994. From its peak in 2021, mortgage demand is down ~64%. Current mortgage demand is ~75% below the 2005 peak. The most incredible part of this? Mortgage rates are still...

Oh my

by Michael E Dehn | Nov 4, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

Bank of America, Chase and Wells Fargo crash: Systems down and direct deposits fail (msn.com)

The crypto “con”? We shall see.

by Michael E Dehn | Nov 3, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, Crypto considerations, Fintech, Latest News, Media

https://www.reuters.com/legal/other-crypto-bosses-us-authorities-crosshairs-2023-11-03/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Afternoon-Docket&utm_term=110323&user_email=d4463f77c50725884e7d91b5b805c5eaf46bb9c45a75a582677966fd4bb13e4...

The WE WORK that absolutely DID NOT WORK!!

by Michael E Dehn | Nov 3, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, World economic impacts

WeSuck: First Came the Hype; then Came Adam Neumann’s Self-Dealing; then Came the IPO Scandal; Now Comes the...

The Fed as cranky old lady infused with paranoia

by Michael E Dehn | Nov 3, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, World economic impacts

https://bitcoinmagazine.com/legal/federal-reserve-threatens-to-sue-bitcoin-magazine

In the Godfather movies it was always said that Hyman ROTH always made money for his partners.But this article claims that does not apply to a ROTH IRA…

by Michael E Dehn | Nov 3, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

I Lost $400K of My Retirement Savings in a Roth 401(k) — 3 Things To Know Before Choosing an Investing Plan (msn.com)