For large parts of the past two years, mortage refinancing has been booming, as historically low mortgage rates and surging home prices created an opportunity for existing homeowners to save a lot of money on their mortgage and, in many cases, even tak…
Monthly closing price for SPY on the 1st day for the month from 2 years prior to a market high to 3 years after that top. The data points are indexed to the starting point 24 months before the market top. I know, I know, it’s different this time. It’s always different. Different is not […]
Accommodating historic Credit and speculative excess in the name of fighting supposedly insufficient inflation – and even deflation – has been an epic failure of runaway Bubbles.
The Federal Reserve and the global central bank community today confront the nightmare confluence
I present below the ratio chart of $NDX to $SPX. The big question: is this the ideal place to buy tech stocks, since we’re at the supporting trendline, or is this the place where support cracks and tech goes from Bad to Worse? I’m guess…
As inflation remains at the highest level in more than 40 years, millions of Americans are facing financial hardship due to rising consumer prices. According to a survey conducted by Gallup in August, the majority of U.S. adults now say that price incr…
While the hotter-than-expected inflation reading for August is a major setback in America’s fight against surging prices, it came at a time when optimism was slowly building among Americans. According to the latest Survey of Consumer Expectations, a mo…
Despite a 10.6 percent drop in gasoline prices, inflation showed little signs of cooling in August, as prices rose 0.1 percent compared to July and 8.3 percent compared to August 2021. According to the Bureau of Labor Statistics, increases in prices fo…
Next week is going to be big (and will drive the Fed decision in the week that follows):
Can money really buy happiness? In this chart, we compare most of the world’s countries to examine the relationship between wealth and happiness.
