by Michael E Dehn | Sep 4, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, International insights, Latest News, Media, Technology
10 Organic Companies Bought Out By BlackRock And Vanguard pic.twitter.com/x6rnIPu1Ah — illuminatibot (@iluminatibot) September 4,...
by Michael E Dehn | Sep 4, 2023 | Banking and Finance, consumer spending and sentiment
Mortgage payment to income ratios are now pushing as high as 40%. This is above the 2008 peak of ~34% and by far the highest level in history. It is now nearly ~1.7x more expensive to buy a home than to rent. The problem is that supply is scarce and higher rates are...
by Michael E Dehn | Sep 4, 2023 | Banking and Finance, Fintech
The Stock Market is Dumb – (workweek.com)
by Michael E Dehn | Sep 3, 2023 | Banking and Finance, consumer spending and sentiment
Excess household savings in the US have fallen for 23 STRAIGHT months. Since 2022, excess savings in the US have been falling by $100 billion per MONTH on average. The San Francisco Fed estimates that remaining household savings will be depleted this quarter. Just...
by Michael E Dehn | Sep 3, 2023 | Banking and Finance, consumer spending and sentiment
Delinquencies on auto loans, credit cards and consumer loans just hit their highest levels since 2012. As both rates and prices rise rapidly, delinquency rates are skyrocketing. The average new car now costs $48,300, up from $37,700 just 4 years ago. The average used...
by Michael E Dehn | Sep 3, 2023 | Banking and Finance, consumer spending and sentiment
Housing market affordability is so strained that couples want down payment cash rather than a wedding gift | Fortune
