Fed, JOLTS & Stock Charts
It’s been an extreme week of near bank failures, JOLTS reports and our updated stock collapse chart comparisons so let’ get started. The Fed raised interest rates by a quarter…
February 2023 – US Top Trading Partner Inflation Check
The Fed raised interest rates 25 basis points today but the real story is the raging inflation around the world. Let’s take a look at the US top trading partner…
Big Real Estate Crash in 2023?
There is a slew of economic news and data out this week that is begging the question if real estate is going to crash big in 2023. For starters, the…
The Fed, JOLTS and Social Security Beneficiaries
The Fed hiked a quarter point today to bring the Fed funds rate to 4.5% to 4.75% and Powell mentioned that goods inflation was coming down however services inflation is…
Labor Shortages: Airlines Dire Straits
The music group Dire Straits has a song entitled, “Money For Nothing” and that appears to be what the airlines conjured up for last year and will repeat again this…
BLS JOLTS: 10.5 Million Jobs Open
The BLS released their JOLTS report today and it doesn’t show what the Federal Reserve expected it to show – a decline in job openings. The number of job openings…
Richmond Fed on Labor Shortages
The Richmond Fed has a good article on the current labor shortages and what it means for the future. We personally have already experienced what the article states, let’s take…
Fed Raises 75 Basis Points and No PIVOT!
It is beyond us why so many people kept thinking the Fed would pivot or pause raising interest rates when inflation is still raging. If anything, the irony is that…
Fed Raises Rates – Markets Tank
The Fed raised rates for the fifth time this year and today was a 75 basis point hike bringing the rate up to 3 to 3.25 range. The Fed plans…
New York Fed – Debt Delinquency Rising
The New York Fed has a report with various graphs showing the rise in delinquencies for credit card and auto debt. Let’s take a look. Total household debt increased by…