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
by Michael E Dehn | Sep 23, 2023 | 2024 election realities, Banking and Finance, Breaking News, consumer spending and sentiment
https://www.vox.com/scotus/2023/9/23/23864355/supreme-court-cfpb-unconstitutional-consumer-financial-fifth-circuit-great-depression
by Michael E Dehn | Sep 23, 2023 | Breaking News, consumer spending and sentiment, Crypto considerations
https://www.artnews.com/art-news/market/top-nft-exchanges-blur-and-opensea-have-cut-royalty-rates-for-artists-1234676430/
by Michael E Dehn | Sep 22, 2023 | 2024 election realities, Banking and Finance, Breaking News, consumer spending and sentiment
Live cattle just closed at their highest price on record and are now up ~20% this year alone. Meanwhile, olive oil prices are up 100% and orange juice prices are up 70% this year. Inflation on food away from home stands at 6.5% and inflation on meats, poultry, fish,...
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...
