According to the US Census, the population of the US grew by 23.7 million from 2006 through 2016. But according to the US Census (and to the website Rent Café, 97.1% of the US population growth was composed of renters and only … Continue reading →
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Out of Time! Toys R Us Closing 182 Stores (6,403 Store Closings Announced In 2017)
by Anthony B Sanders •
Toys R Us, along with several other retail stores like Macy’s, Sears, JC Penney (not to mention Limited Stores), are literally “Out of Time.
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18 European Nations Have Negative 2Y Sovereign Yields (ECB Keeps Main Refinancing Rate At Zero While USDEUR Tumbles)
by Anthony B Sanders •
At least the US Federal Reserve has been raising its target rate, albeit slowly, to 1.5%, The European Central Bank (ECB) has left its main refinancing rate at 0% since early 2016. And Bank of Japan’s key interest rate is … Continue reading →
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Mystery Of The Increasing Fed Balance Sheet – Balance Sheet RISES By $705 Million (A Hardy Boys Novel)
by Anthony B Sanders •
The Federal Reserve of New York just released their weekly System Open Market Account Holdings report. The Federal Reserve Balance Sheet actually grew by $705 million (rather than shrink as Janet Yellen indicated a few months ago).
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Freddie Mac: Mortgage Rates Took Significant Jump (Awaiting March FOMC Meeting With 88.7% Prob Of Rate Hike)
by Anthony B Sanders •
Freddie Mac’s 30 year committment rate keeps rising and …
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Low Inventory Recovery! December U.S. New Home Sales Decline More Than Forecast (-9.3% MoM, But +14.4 % YoY)
by Anthony B Sanders •
New home sale figures are out for December and they showed a Month-over-month (MoM) decline of -9.3%.
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Swap Spreads Normalizing As Fed Begins Rate Normalization (Potential Bad News For US Treasury … And Taxpayers)
by Anthony B Sanders •
Last night I attended a speech by Heritage Foundation Distinguished Visiting Fellow and Trump adviser Stephen Moore. He is a very optimistic and dynamic speaker and challenged the audience to find one thing that is not going in a positive … Continue reading →
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Existing Home Sales Rise 1.1% YoY As EHS Inventory Hits All-time Low (Median Price Rises 5.8% YoY)
by Anthony B Sanders •
December existing home sales, according to the National Association of Realtors, fell -3.6% from the previous month.
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Dalio Says Bonds Face Biggest Bear Market in Almost 40 Years (Treasury and Mortgage Rates Rising)
by Anthony B Sanders •
Jerome Powell has been approved by The US Senate as new and improved Federal Reserve Chair. Well, at least the new Chair since I think he will just continue the same policies as former Chairs Ben Bernanke and Janet Yellen.
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Crazy Train! Risk Appetite Has Reached ‘Extreme’ Levels As Cash Flows Slow
by Anthony B Sanders •
It is quite a start to the New Year! Goldman Sachs issues a warning over extreme levels of risk appetite while, at the same time, cash flows are slowing.
