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Living La Vida Biden! Fed Emergency Bank Bailout Facility Usage Hits New...
The US is Living La Vida Biden (living the Biden life!) Which means you are making millions if you are a political elite, but suffering if you live on Main Street. And regional banks (not the TBTF...
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Bidenomics At Work! UMich Buying Condition For Houses Rises … To 67% Lower...
The University of Michigan consumer survey results are out and there is good news! Sort of. The UMich Buying Conditions for Houses rose to 47 in July! That is the good news. The bad news? It was at...
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Bidenomics? US Bank Credit Growth Approaches Stall Speed (0.7% YoY) As M2...
Bidenomics is based on massive Federal spending and massive Fed monetary stimulus. But like all stimulus, it wears off. Such is the case with bank lending as The Fed raises interest rates. US bank...
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US Mortgage Purchase Demand Down -42.3% Under Bidenomics, Mortgage Refi...
Joe Biden, or “Blow Biden” after the cocaine was discovered in the White House the other day, owns the abysmal mortgage and housing market thanks to The Fed fighting inflation caused by Bidenomics...
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Biden’s Build Back Better Now Build Back Bankrupt! Commercial Chapter 11...
Biden’s massive spending spree (aka, Build Back Better) has a new name: Build Back Bankrupt! According to Epiq, Commercial Chapter 11 Filings Increased 68 Percent in the First Half of 2023. NEW YORK –...
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US Treasury 10Y-2Y Yield Curve Stumbles To -91.166 BPS As 30Y Mortgage Rates...
I am anxiously waiting for the US inflation report tomorrow, so I am just looking at the US Treasury yield curve, mortgage rates and cryptos today. The US Treasury 10Y-2Y yield curve stumbled (just...
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Powell’d! Interest Expenses Soar At Big Banks As Fed Tightens Money (The Fed...
What screams may come! Actually, the aftermath of excessive monetary policies under Bernanke, Yellen and Powell are coming home to bit the big banks. Interest expenses at big US banks are rising much...
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Bidenomics! Ford Will Lose $4.5 Billion On EVs This Year, Up From $2.1...
Bidenomics, the term for “Government Gone Wild! in terms of spending and EPA regulations, is a disaster for the US middle class and low wage workers. Even the 1% are now hurting if bought into Biden’s...
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Another Brick In The Mall! Downtown San Fran Office Tower Sells At 66% Off As...
Bidenomics represents another brick in the mall. Or office space! Understanding the backdrop of the crime-ridden progressive metro area of San Francisco, alongside the mass exodus of businesses and...
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US Investment-grade Bond Yields Have Biggest Two-day Drop Since April 2020...
It has been over three years since the disastrous Covid economic shutdowns of 2020. And here we are again! US investment-grade bond yields have just had the biggest two-day drop since April 2020. And...
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