As fears about being in or entering recession occupy us, we look for indicators of where we are at and the Yield Curve is one such thing. Driving the news: Growing fears about inflation have hammered a key measure of the yield curve in recent days, pushing it suddenly much… Read More »Yield Curve
As material costs and interest rates rise, home builders are pulling back. Homebuilders are rapidly losing confidence in their ability to turn a profit on new houses, Nathan writes. Homebuilder sentiment experienced its second-largest one-month drop in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index… Read More »Homebuilder Sentiment
With all the uncertainty, it is no surprise that something that looked like a good deal a month ago may not now. Why it matters: This is a sign of how fast the housing market adjusted to the surge in mortgage rates that started in March — and it signals… Read More »Housing Deals Failing To Cross The Finish Line
Where as, the national average inflation was 9.1%, The metro phoenix area was 12.3% mostly due to a strong economy and housing shortage. Area prices were up 3.1 percent over the past two months, up 12.3 percent from a year ago Prices in the Phoenix area, as measured by the… Read More »Arizona Inflation Higher Than National Average
The small business sentiment are down to the levels we saw during the great recession, lower than during the pandemic. Main Street is more pessimistic now than during the height of pandemic lockdown, when many businesses saw sales screech to a halt. That’s according to a closely watched monthly survey… Read More »Small Business Are Concerned
The US is lagging behind the rest of the world in automation in manufacturing, as we bring more manufacturing back to the united states that will most likely change as well. Dystopian movies have been fantasizing about robot uprisings for years. While the global labor force is still dominated by… Read More »The Robots are Coming
I find this fascinating Something astounding is happening in the financial system’s plumbing: Investors are parking a record-shattering $2 trillion worth of spare cash overnight at the Fed. That number blows past market-watchers’ expectations, after some argued activity would peak earlier this year. It’s stirred up fascination (and misinformation) among… Read More »The Fed Has All the Cash
The next couple of months may tell us more where we are at. Don’t look here for signs of a recession: New data shows some heat may be coming out of the labor market, but jobs are still plentiful. Why it matters: This is the ideal scenario for a Federal… Read More »Job Openings Still At Historic Highs
This as Scandinavian Airlines Systems files chapter 11. Bonds have sold off a ton this year — just look at Apple. It’s one of the most creditworthy U.S. companies — sitting on loads of cash — and you can pick up its bonds in the secondary market for a mere… Read More »Bond Markets Are Usually A Look Into The Future
Domestic oil supplies are dropping which most likely will increase the price of oil. The only way to lower the price of oil is lower the demand or increase the supply, else prices will adjust to where the demand matches the supply. American stockpiles of crude oil at the key… Read More »Oil Stockpiles at All Time Low