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In beauty circles, the Lipstick Effect, also called the Lipstick Index, is claimed to be the category’s leading economic indicator. The concept is that in times of a recession and other economic stresses, women will indulge in discretionary purchases...
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The Pizza Principle
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Great Depression vs Silent Depression: 1930 vs 2023 Numbers Are Shocking
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I see way more new luxury vehicles on the road than I used to (Audi, Mercedes-Benz, BMW, Jaguar, Maserati, Land Rover, etc.). People generally didn't get rich recently, not that many anyways. Sign of pending collapse?
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Warning one third of the US economy is ALREADY in recession… here are the next states to fall
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Black Americans only major group to see higher unemployment rates in December
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Americans Quit Their Jobs at Record Pace for 2nd Month
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US Treasury Sec Yellen says Treasury to run out of cash around Oct. 18 if debt limit isn't raised.
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Used Car Repossession Rates Double for Both Sub-Prime and Prime Borrowers, Indicates Trouble on Main Street.
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The Fed said it will begin reducing its $120 billion in monthly bond purchases by $15 billion a month over the course of the coming weeks. The Fed said it will slow its $80 billion in Treasury purchases by $10B a month and its $40B in mortgage-backed securities by $5B a month for the next 2 months.
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Trump announces sweeping Japan trade deal with $550B investment by Tokyo
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Middle Class Can’t Afford Walmart Prices as Massive Increases Hit Stores
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US Job Openings Decline to Lowest Level Since January 2021
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Subprime lender American Car Center has reportedly closed amid a rise in auto loan delinquencies.
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Jobs Crush Expectations: 228,000 Added In March as Trump Economy Defies Critics
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The United States is insolvent.
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Are We on Some Sort of a Cycle? Exactly 14 Years Later, Another Housing Crash Has Arrived
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Two more hikes? - Powell makes unexpected admission during prank call with fake Zelensky.
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Bill that would let Oregonians pump own gas passes state House
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Bernie's Minimum Wage Bill Would Kill 1.7 Million Jobs and Decimate Restaurant Industry, Report Finds
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Social Security Announces Biggest Cost-Of-Living-Adjustment In 40 Years -- Announces an 8.7% cost of living adjustment for retirees
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A reverse repurchase agreement is the purchase of securities with the agreement to sell them at a higher price at a specific future date. - Federal Reserve Bank of New York Reverse Repo Operations Week of May 16th - $1.46T.
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Data analytics firm Palantir, best known for its secretive work with the Central Intelligence Agency and other government bodies, has bought $50 million worth of gold bars in preparation for another “black swan event”.
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Shipping Costs Surge: $17,000 to Ship Container to California from Asia
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Treasury Sec. Yellen: Inflation Will Get Back to the 2% Range by Next Year
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