by Michael E Dehn | Sep 28, 2023 | 2024 election realities, Banking and Finance, Biden the miscreant, Breaking News, consumer spending and sentiment
You Will Never Guess What Happened To "The Strong US Consumer" After Today's Huge GDP Revisions https://t.co/Rrw3UHErf1 — zerohedge (@zerohedge) September 28,...
by Michael E Dehn | Sep 28, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
Pending Home Sales Puked In August To The Lowest On Record https://t.co/shhpLC0DTR — zerohedge (@zerohedge) September 28,...
by Michael E Dehn | Sep 28, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, International insights, Latest News, Media, World economic impacts
Oil Trading is Going Haywire as Storage Tanks Run Dry (msn.com)
by Michael E Dehn | Sep 28, 2023 | 2024 election realities, Banking and Finance, Breaking News, Crypto considerations, International insights, Latest News, Media, World economic impacts
We have been monitoring this space for years and remember the short lived euphoria when Ripple/XRP was able to wrangle a “securities” classification on crypto for INSTITUTIONS only to trade amongst themselves some time ago. The prevailing reality was that...
by Michael E Dehn | Sep 28, 2023 | 2024 election realities, Banking and Finance, Biden the miscreant, Breaking News
Many do not understand the implications of US debt service costs rising. For nearly 20 years, it was effectively free for the US to issue debt as debt service costs were ~1.5%. Now, debt service costs have doubled to 3% and will rise toward 5% as rates skyrocket. To...
by Michael E Dehn | Sep 27, 2023 | Banking and Finance, Breaking News
Current situation: 1. Stocks are falling like a recession is coming 2. Oil prices are rising like there's no recession in sight 3. Interest rates are rising like we have 10% inflation 4. Gold is falling like inflation is gone 5. Housing prices are rising like...