Yikes

by | Oct 18, 2023 | Banking and Finance, consumer spending and sentiment

There it is. For the first time in 23 years, 8% mortgage rates are officially back. Less than 3 years ago, the average rate on a 30-year mortgage was just 2.6%. The median monthly payment for homebuyers will cross $3,000 this month. We are paying the price for...

We have publicly stated from the beginning that without a CBDC issued by our Federal Reserve in place , the Fed (thru the SEC who issues securities approval) will never allow decentralized digital currencies of ANY type to take hold here.

by | Oct 18, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, Crypto considerations

We have repeatedly witmessed temporary euphoria permeate thru the crypto world as minor segegated victories in adoption are noted globally. Singapore and certain Arab states (among others globally) have wholeheartedly embraced crypto as a national tender supported by...