The Federal Reserve’s zero interest rate policy (ZIRP) and quantitative easing (QE) helped to rebuild US household net worth. But it was rebuilt with asset bubbles
Mortgage applications increased 13.5 percent from one week earlier
I detect a disturbance in The Force after Great Britain’s Therese May lost the Brexit vote by a whopping 432-202.
For the first time since the New York Federal Reserve began its monthly Survey of Consumer Expectations more than five years ago, respondents see parity between short-term home-price growth and overall inflation.
Typically, a company with negative free cash flow indicates an inability to generate enough cash to support the business. Free cash flow tracks the cash a company has left over after meeting its operating expense. But when 58% of the United States stockss have negative free cash flows … we got trouble in River City. But … Continue reading Oh Canada! 58% Of US Stocks Have Negative Annual Free Cash Flows (82% Of Canadian Stocks) →
Ain’t this a kick in the head! The US Framing Lumber Composite Index for December collapse.
In a positive technical sign for bond bulls, the U.S. 10-year Treasury yield has formed a so-called death cross pattern.
Since early November 2018 when the 10-year Tteasury note yield hit 3.24%, both the Treasury yield and 30 year mortgage rate (MBA) have plunged.
The US financial market switched from “Eden” in the mid-2000s to “East of Eden” (or “The Land of Nod”) when the financial crisis struck and The Federal Reserve intervened like a wrecking ball.
Its called The Fed Unwind Blues.