ZeroHedge.com: The Conference Board’s Leading Economic Indicators (LEI) continued its decline in September, dropping 0.7% MoM (worse than the 0.4% decline expected). This is the 18th straight monthly decline in the LEI (and 18th month […]
WSJ.com: Residential real-estate market hindered by mortgage rates, limited inventory. The highest mortgage rates in 23 years are dragging down home sales to their lowest levels since the subprime crisis period. Sales of previously owned homes in […]
SchiffGold.com: The CPI has cooled in recent months, but Americans say they’re still struggling with rising prices and they’re worried about inflation. Why is there this dichotomy between people’s perceptions and the official data? Peter Schiff recently […]
Forbes.com: The private homebuilding rate slid 11.3% from July to August, according to the latest data from the U.S. Census and the U.S. Department of Housing and Urban Development (HUD). August’s housing starts rate was […]
Realtor.com: The numbers: Home buying demand dropped as U.S. mortgage rates rose for the fourth week in a row to the highest level since 2000. Mortgage demand dropped to the lowest level since 1996 as […]
DollarCollapse.com: The hardest part of writing this kind of post is sorting through all the red flags. There are just too many these days. So here are the handful that look scariest at the moment: […]
FoxBusiness.com: Fed’s preferred inflation gauge ticks higher in August. An inflation measure closely watched by the Federal Reserve ticked higher in August as steep prices continue to squeeze millions of U.S. households. The personal consumption expenditures (PCE) […]
CNN.com: US pending home sales dropped 7.1% in August from the month prior as mortgage rates surging over 7% in August to levels not seen in 20 years packed a punch. Pending sales had been […]
Schiffgold.com: Interest rates continue to push relentlessly higher. As Peter Schiff explained in his podcast, that’s a big problem when the entire economy is built on a foundation of cheap money. But most people in […]
ZeroHedge.com: The Great Debt Crisis of our lifetimes is approaching. As S&P Global recently noted, global debt has just hit $300 TRILLION for the first time in history. As if that wasn’t jaw dropping enough, […]
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