by Michael E Dehn | Sep 22, 2023 | 2024 election realities, Banking and Finance, Breaking News, consumer spending and sentiment
BREAKING: Average interest rate on a 30-year mortgage rises to 7.75%, the highest since November 2000. This officially more than a whole percentage point above the 2008 highs. Mortgage rates are now up 500 basis points in just over 3 years. The payment on a $500,000...
by Michael E Dehn | Sep 22, 2023 | 2024 election realities, Banking and Finance, consumer spending and sentiment, World politics of consequence
Why Chaos Has Come For Detroit (msn.com)
by Michael E Dehn | Sep 22, 2023 | 2024 election realities, Banking and Finance, Breaking News, consumer spending and sentiment
I believe that long-term rates, e.g, 30-year rates, will rise further from here. As such, we remain short bonds through the ownership of swaptions. The world is a structurally different place than it was. The peace dividend is no more. The long-term deflationary...
by Michael E Dehn | Sep 22, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
UAW’s s Fain announces expanded strike, targets 38 GM, Stellantis distribution plants (msn.com)
by Michael E Dehn | Sep 22, 2023 | Banking and Finance, consumer spending and sentiment
https://www.fool.com/investing/2023/09/22/warren-buffett-silent-warning-147-billion-reasons/
by Michael E Dehn | Sep 22, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
https://newslink.reuters.com/public/32796290