Micheal Burry’s in deep loss after market’s U turn

Michael Burry’s notable bearish bet against the stock market, which first made headlines in August, has been a rollercoaster for investors. At the beginning, his position was met with skepticism during the AI-driven summer market rally. However, it gained credibility as the S&P 500 experienced a sharp decline in late October. Recent developments, particularly the … Read more

Housing Market In CRISIS! Federal Reserve’s SHOCKING Move Sparks 1980s Deja Vu! Is A RECESSION Looming In 2023?

Housing Market

The Federal Reserve’s aggressive interest-rate hikes are sending shockwaves through the housing market, raising concerns of a potential recession reminiscent of the 1980s. In a recent warning, Wells Fargo has highlighted the risks associated with the central bank’s commitment to keeping borrowing costs elevated until at least 2024 as part of its strategy to combat … Read more

WARNING: 10-Year Treasury Yield Tops 5% – Brace For Impact On Mortgage Rates And More!

In a shocking turn of events, the 10-year Treasury yield surged past the critical 5% mark on Monday, sending shockwaves through various financial sectors and leaving consumers anxious about the implications. This milestone, not seen in over 16 years, has raised concerns about its potential impact on mortgage rates, student loans, auto loans, and more. … Read more

Shocking Inflation SURGE In September – Are High Interest Rates Inevitable?

inflation

Wholesale Inflation: In a startling turn of events, September brought an unexpected spike in wholesale prices, signaling potential trouble ahead for the U.S. economy. Wholesale Inflation rose 0.5% in September The Producer Price Index (PPI), a key indicator of inflationary pressures, rose by 0.5% during the month, surpassing the Dow Jones estimate of 0.3%. While … Read more

SHOCKING! September Jobs Report Revealed – Is The US Economy Doomed?

SHOCKING! September Jobs Report Revealed - Is The US Economy Doomed?

The anticipation is high as the Bureau of Labor Statistics is set to release the September jobs report on Friday morning at 8:30 a.m. ET. Analysts are expecting the report to reveal a continued slowdown in job growth in the United States. In August, the US economy added 187,000 jobs, but unemployment jumped to 3.8%. … Read more

2023 Japanese Yen Forecast: USD/JPY Bulls Under Siege From Shocking FX Intervention!

JPY

In 2023, the USD/JPY currency pair has been on an impressive bullish run, gaining more than 14% since the start of the year. This remarkable ascent has been primarily fueled by soaring U.S. Treasury yields, driven by a hawkish Federal Reserve policy stance. However, the recent price action has shown signs of volatility, raising questions … Read more

Credit Card Default Rates Surge: Top 100 Banks At 2.45%, Rest Reach Record High Of 7.51%

Credit Card Default Rate

In the ever-evolving landscape of the financial world, credit card default rates have emerged as a significant concern. Recent statistics reveal a startling trend: the default rates among the top 100 banks stand at a comparatively modest 2.45%, while the rest of the banking institutions are grappling with a staggering 7.51%. This surge in default … Read more

Bank of England’s Surprise Interest Rate Freeze: What It Means For The UK Economy And Private Banking

Interest Rate

On September 20, 2023, the Bank of England made an unexpected announcement that sent ripples through the financial world. The bank decided to hold the current interest rate at 5.25%, marking the first time in two years that rates had not been raised. This decision came in the wake of inflation data for August, which … Read more

Long-Term Labor Crisis In The U.S.: Its Economic Impact & Solutions

Labor Crisis

The U.S. economy has defied expectations, maintaining an unemployment rate under 4% for nearly two years. However, this is not merely a pandemic-induced anomaly but rather a complex storm that has been brewing for decades. Labor shortages are now evolving into a long-term labor crisis, with far-reaching consequences for the American workforce and the economy … Read more