January PPI Up 1.0%…Not P
In the newest release from the Bureau of Labor Statistics, the Producer Price Index for final demand increased 1% in January, just adding to a seemingly endless inflationary trend that … Read More
Category: Economics
Americans Simply DGAF; 2021 Household Debt Up $1T
Auto loan originations and mortgages made up the bulk majority of U.S. household debt in Q4 2021, and the year as a whole. Total household debt increased $333 Billion in … Read More
BUCKLE UP, JANUARY CPI PRINT IS IN
The U.S. Bureau of Labor Statistics posted the January CPI on Thursday morning, and surprise surprise it was absolutely heinous. January CPI grew 0.6% from the month prior, and jumped … Read More
Trade Deficit Up 1.8% in December, 27% in 2021…Wowzer
In stunning fashion, but no surprise to anyone, the trade deficit widened even further in December of 2021. The U.S. Census Bureau and the U.S. BEA reported the goods and … Read More
Will The Housing Market Pipe Down?
After nearly two years of arguably the most insane growth in any asset class in all of mankind, it looks like the housing market is finally set to adjust to … Read More
National Debt, So Hot Right Now
In stunning United States fashion, we set another world record on Tuesday. The total U.S. debt outstanding surpassed $30 Trillion, according to the Treasury Department. Yikes. The COVID-19 pandemic initiated … Read More
Consumers Are Exhausted
In a stunning Wall Skreet prediction, consumer spending dropped 0.6% in the month of December. The usual suspects of this decreased consumer spending are still very much in play by … Read More
FOMC RAGER
JPow confronted the American people in stunning fashion during the FOMC meeting on Wednesday, January 26th. With not much changing from the December presser he gave, we are finding as … Read More
Sorry, The Roaring 20’s are Cancelled
Major indexes continue to get upended in the start of 2022, a very stark contrast to 2021. The S&P is down over 9% YTD, and the DOW down over 6%. … Read More