Florida Insurance Mayhem
The problems in Florida keep piling up but the most pressing one isn’t immigration, it’s the endless increases in insurance. As property values exploded in Florida and storms and floods…
Market Update: SPY, QQQ & XHB Crash Comparisons
We are midway thru 2023 so it’s time to take a look at our SPY, QQQ, and XHB crash comparison charts. For SPY, we’re only 11.61% down from the peak…
Labor Shortages: Maine
With summer just around the corner, it’s almost time for most kids to enjoy the traditional summer camp but in Maine that may not be happening in some areas. From…
BLS: April JOLTS 10.1 Million!
On the heels of 4.7% core personal consumption expenditures, the Fed’s preferred inflation measure, we now have the BLS releasing the April Job Opening & Labor Turnover Report and showing…
Core Personal Consumption Expenditures UP 4.7 Percent
The Fed’s preferred measure of inflation is up for April at 0.4 percent (annualized at 4.7%) despite 500% increase in the Fed funds rate so it would seem more rate…
Jaime Dimon – Gloom & Doom!
Jaime Dimon has warned everyone to prepare for 7 percent fed funds rate and pontificated on other gloom and doom. “We’ve never had QT before. It just started, okay? And…
Home Depot, Target, Walmart & Foot Locker
What can we learn from the most recent quarterly earnings report Home Depot, Target, Walmart & Foot Locker? Let’s take a look at Home Depot: Home Depot also revised its…
The ‘Forever Labor Shortage’
We came across an article from Business Insider that points out what we’ve been writing about for some time and we highly recommend you read it. Here is a quote:…
BLS: April CPI
The BLS released their Consumer Price Index report for April today and despite a 500 basis point increase in the central bank rate we still have 5 percent inflation. The…
The Fed vs JOLTS & Social Security Projections
With the March jobs report coming in hot last week we wanted to take a look at the effect of the Fed Funds rate against the JOLTS reports for the…