
Jamie Dimon: Fed May Need To Go to 6%
• The Wall Street JournalHe said that would let bankers and economists see how the economy is reacting and if inflation is easing.
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He said that would let bankers and economists see how the economy is reacting and if inflation is easing.
When you look ahead, do you see trouble or opportunity?
A Collateralized Loan Obligation (CLO) is a type of structured finance product that pools together a diverse group of loans, such as corporate leveraged loans, and divides the pool into tranches.
We are yet to see whether it will be a hard landing or a soft landing by the end of 2023.
The housing market has seen extreme highs and lows this year. Fluctuating home prices and mortgage rates are primarily attributed to inflation, fears of a recession, and the U.S. Federal Reserve's economic policy.
Financial Conditions continue to ease since The Fed Minutes specifically warned against "unwarranted" easing of financial conditions...
What happens when these 'buy-downs' reset at even higher rates? And how does this allow the housing market to 'correct' as Fed Chair Powell wants?
Social media is brimming with reports of missing food items at Kroger supermarket locations across the country.
Aldi customers have always been loyal to the grocer due to its cheap prices and unique product range.
"Mortgage rates are lower than October 2022 highs, but would have to decline substantially to generate additional refinance activity," noted Joel Kan, an MBA economist.
Despite $80 billion in new funding, the agency is living up to its reputation of hassling low-income taxpayers over rich people...
-- (as the old economy collapses)
TOMS King Holdings, which operates 90 locations in Illinois, Ohio, Pennsylvania and Virginia, blamed the pandemic for hurting traffic and inflation for draining cash flow.
Just recently, James Bullard, President of the St. Louis Federal Reserve, suggested the central bank might need to employ the "7% solution" to ensure the complete destruction of inflation.
Ernest Hancock interviews Dr Phranq Tamburri (The Trump Report); The conversation will transition to discussing solutions, prepping, surviving the collapse, education, communications, etc…
Companies have been able to put off borrowing at high rates, but they must start to address the wall of high-yield maturities coming in 2024.
The price of gold notched a six-month high early Tuesday, and analysts believe the rally has further to go in 2023.
The Los Angeles Eviction Moratorium has been extended again until January of 2023. A new piece of legislation proposes to extend the eviction moratorium until June of 2023.
One of the most dishonest games being played in economics today is the attempt by various groups (political and financial) to deflect blame for the rise of inflation.
In this episode, John goes into the 2022 performance of assets and where he sees 2023 might be going.
Following the final PMI print for December yesterday confirming the manufacturing side of the US economy is at its weakest since the COVID-lockdown crisis, ISM reports this morning that weakness with a worse than expected 48.4 print (down from 49.0).
When it comes to the Fed's resident Wall Street liaison...
One month after the October JOLTS report signaled a long-overdue plunge in job openings, when the BLS reported a 353,000 drop and reversing much of the previous month's gain, things have again reverted back to normal because...
Republican Senate leader openly siding with Biden on major issues that are deeply unpopular with his own party.
-- It Will Be 'Worse Than' 2022 - Food Prices Will Never Go Back To What They Were In 2020
No New Year Resolutions just full speed ahead prepping before the economy collapses.
Warning from Ed Dowd: 7,500 Americans are killed or disabled EACH DAY as vax jabs take heavy toll… USA imploding under "decivilization" assault
"The powerful are panicking, and so they should. Their secrets are leaking." --Miranda Devine
2023. Stagflation After Failed Stimulus.