by Michael E Dehn | Sep 24, 2023 | 2024 election realities, Banking and Finance, Breaking News, consumer spending and sentiment
CBO projections show US Federal debt rising by $5.2 billion per day for the next 10 years. However, since the debt ceiling “crisis” came to an end, US debt has jumped by $30 billion per day. We have added roughly $1 trillion per month in US debt since then. Interest...
by Michael E Dehn | Sep 24, 2023 | Banking and Finance, consumer spending and sentiment
https://therealdeal.com/national/2023/09/18/re-max-agrees-to-settle-brokerage-commission-lawsuits/?utm_campaign=sl-national-weekly&utm_source=trd-newsletter&tpcc=sl-national-weekly&utm_medium=email&utm_term=National%20Weekly
by Michael E Dehn | Sep 24, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
The S&P 500 has added ~$7.2 trillion in market cap in its rally this year. However, the top 20 largest stocks have accounted for $6.1 trillion of that gain. This means that the top 20 stocks in the S&P 500 have accounted for 85% of the index's gains....
by Michael E Dehn | Sep 23, 2023 | Banking and Finance, consumer spending and sentiment
Home price to income ratios are now above 4.5x and at their highest levels since the 1950s. Even in the 2008 financial crisis, home price to income ratios did not cross 4.5x. This means that home price to income ratios are the same as the post-WW2 era in the US. The...
by Michael E Dehn | Sep 23, 2023 | Banking and Finance, consumer spending and sentiment
When's the Next Crash? Since the Federal Reserve was founded in 1913, it’s caused 20 recessions. About one every 5 and a half years. Every time it’s the same playbook — cheap money leads to inflation. Which sets off panic-hikes and the crash. While regime...
by Michael E Dehn | Sep 23, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
https://www.cnn.com/style/article/great-depression-era-bill-auction-intl-scli/index.html
