TheHill.com: The Federal Reserve left interest rates unchanged Wednesday, the first time in nearly two years that the central bank paused rates over the course of two consecutive meetings. Since March 2022, the Fed has […]
DoctorHousingBubble.com: It was only a matter of time that the housing market hit a giant wall of apathy and the level of denial is deep out there. People are starting to understand the cost of […]
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 […]
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: […]
TheEpochTimes.com: Political polarization, inflation, and high interest rates are all working together to undermine consumers and their propensity to spend, he warns. The all-mighty American consumer, whose spending drives the economy, is reaching a breaking […]
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 […]
FoxBusiness.com: The yield curve inversion has continued for 212 days, Campbell Harvey says. Yield curve pioneer Campbell Harvey warned the Federal Reserve against raising rates again later this year, telling FOX Business on “The Claman Countdown” […]
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