WOW

by Michael E Dehn | Sep 7, 2023 | Banking and Finance, consumer spending and sentiment

It would take some combination of up to a 28% decline in home prices, a more than 4% reduction in 30-year mortgage rates, or up to a 60% growth in median household incomes to bring home affordability back to its 25-year average, per Black Knight — unusual_whales...

Interesting banking stuff

by Michael E Dehn | Sep 5, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

https://thefinancialbrand.com/news/payments-trends/fednow-makes-instant-payments-into-must-have-for-banks-168035/?eDigestT1+2

Finteching with Marcel in Europe 9/5

by Michael E Dehn | Sep 5, 2023 | Banking and Finance, consumer spending and sentiment, Fintech

https://marcelvanoost.substack.com/p/fintech-europe-2023-36?utm_source=substack&utm_medium=email

As optimists we will ALWAYS veer toward the glass half full mentality but given what we are seeing this ABSOLUTELY bears attention at least

by Michael E Dehn | Sep 4, 2023 | 2024 election realities, Biden the miscreant, Breaking News, consumer spending and sentiment

https://www.newstarget.com/2023-09-03-ed-dowd-mad-max-america-teeters-collapse.html

Here is a reality check for ya.

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,...

Dissipating Dreams

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...