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,...
by Michael E Dehn | Aug 7, 2024 | Banking and Finance, Breaking News, consumer spending and sentiment, Latest News, Media, Technology
https://www.reuters.com/technology/landmark-google-ruling-warning-companies-about-preserving-evidence-2024-08-06/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Afternoon-Docket&utm_term=080624&user_email=d4463f77c50725884e7d91b5b805c5eaf46bb...
