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Welfare Nation: Americans’ Income Tumbled In January Excluding Government Handouts

Thanks to government handouts starting to wash across the nation, analysts expected personal incomes to explode higher in January (and…

4 years ago

Q1 GDP Forecasts

From Merrrill Lynch: Our 1Q GDP tracking estimate held at 5.5% [Feb 26 estimate]emphasis addedFrom Goldman Sachs: We left our…

4 years ago

Active Forbearances Rise Above 2.7M Once Again; Recovery Remains Slow and Steady

New data from our McDash Flash Forbearance Tracker shows that the last full week of February saw the number of…

4 years ago

First-Time Jobless-Benefits Seekers Plunge To COVID-Crisis Lows Amid Collapse In CA,OH Claims

First-Time Jobless-Benefits Seekers Plunge To COVID-Crisis Lows Amid Collapse In CA,OH Claims After disappointingly rising the prior week, analysts expected…

4 years ago

GameStop Hearing Exposes a Sick Business Model Destined to Exacerbate Wealth Inequality in America

(Left to right, top row) Keith Gill, Who Hawked Shares of GameStop on Reddit and YouTube; Citadel’s Ken Griffin; Gabe…

4 years ago

First-Time Jobless-Benefits Seekers Plunge To COVID-Crisis Lows Amid Collapse In CA,OH Claims

First-Time Jobless-Benefits Seekers Plunge To COVID-Crisis Lows Amid Collapse In CA,OH Claims After disappointingly rising the prior week, analysts expected…

4 years ago

First-Time Jobless-Benefits Seekers Plunge To COVID-Crisis Lows Amid Collapse In CA,OH Claims

First-Time Jobless-Benefits Seekers Plunge To COVID-Crisis Lows Amid Collapse In CA,OH Claims After disappointingly rising the prior week, analysts expected…

4 years ago

Fed Investigating Massive Outage Of Its Interbank Payment System

Fed Investigating Massive Outage Of Its Interbank Payment System The Federal Reserve’s critical system for interbank payments which serves as…

4 years ago

Why Inflation Exploded In The 20th Century

Why Inflation Exploded In The 20th Century By Jim Reid, chief credit strategist at Deutsche Bank The hottest topic in…

4 years ago

Within a Matter of Months, the Fed’s Balance Sheet Will Hit $8 Trillion; These Charts Tell the Rest of the Story

Within a Matter of Months, the Fed’s Balance Sheet Will Hit $8 Trillion; These Charts Tell the Rest of the…

4 years ago

New Home Sales Surge In January As Mortgage Apps Crash To 9-Month Lows

New Home Sales Surge In January As Mortgage Apps Crash To 9-Month Lows After the surprise rise in existing home…

4 years ago

“You Killed The Little Guy!” – Robinhood’s Vlad Tenev Faces Off Against Dave Portnoy In Tense Interview

"You Killed The Little Guy!" - Robinhood's Vlad Tenev Faces Off Against Dave Portnoy In Tense Interview In a face-off…

4 years ago

Black Knight’s First Look at January 2021 Mortgage Data

The national mortgage delinquency rate fell to 5.9% in January, dropping below 6% for the first time since March 2020…

4 years ago

The Top 10 Takeaways From JPMorgan’s Conference Call On Asset Bubbles

The Top 10 Takeaways From JPMorgan's Conference Call On Asset Bubbles On Tuesday, we pointed out something which we hoped…

4 years ago

Thursday: GDP, Unemployment Claims, Pending Home Sales

Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for a decrease…

4 years ago