by Michael E Dehn | Aug 7, 2024 | 2024 election realities, Banking and Finance, Breaking News, consumer spending and sentiment
Former U.S. Labor Secretary Says Billionaires Have No Right to Exist Because their Wealth Comes from Five Illegal or Bad...
by Michael E Dehn | Aug 7, 2024 | 2024 election realities, Banking and Finance, Breaking News, consumer spending and sentiment
BREAKING: Total US household debt increased by $109 billion in QQ 2024, to a new record of $17.8 trillion, according to the NY Fed. Breakdown of the large categories: 1. Mortgage Debt: +$77 billion to $12.52 trillion 2. Auto Loans: +$10 billion to $1.63 trillion 3....
by Michael E Dehn | Aug 7, 2024 | Banking and Finance, Breaking News, consumer spending and sentiment
Investors have been buying protection against a large selloff as if there is a major crash: The Nations TailDex index, measuring the market’s expectations of an extreme event, spiked to its highest level since the 2020 Pandemic on Monday. The index also estimates the...
by Michael E Dehn | Aug 7, 2024 | Banking and Finance, Breaking News, consumer spending and sentiment, Humanoid endeavors, Latest News, Media, World economic impacts
This is concerning: The US unemployment rate has risen for 4 consecutive months, the longest streak since the 2008 Financial Crisis. Over the last 75 years, every time unemployment rose for 4 consecutive months, the US economy entered recession. The jobless rate has...
by Michael E Dehn | Aug 7, 2024 | 2024 election realities, Breaking News, Chicago centric content, consumer spending and sentiment, Crime
Prosecutors say he attacked 3 McDonald's employees with a hatchet after being denied a free cup of coffee on Sunday morning. He was on pretrial release for 3 cases at the time, including a felony.https://t.co/2yUizASzqH — CWBChicago (@CWBChicago) August 7,...
