Saw lot of 42Day and 44Days CMB bills auctioning since passing the debt ceiling. I suppose the Treasury doesn't want to commit the highest rate in 5-10 years bonds, waiting for rate the decrease, but it inevitably pays more interests in short term.
The US is now in recession
- Thread starter earth_imperator
- Start date
Saw lot of 42Day and 44Days CMB bills auctioning since passing the debt ceiling. I suppose the Treasury doesn't want to commit the highest rate in 5-10 years bonds, waiting for rate the decrease, but it inevitably pays more interests in short term.
Worst recession ever.
People have multiple jobs/roles/incomes since the gig economy started, no new unemployment claims unless you live on welfare kind of situation. Overall economic activities are in a secular growth mode, shit hits the fan when certain sectors are breaking down, particularly in banking.
Bloomberg has an article, we are 260 points from all time high again. What differences did it make in the last 9-12 months? Other than seven big names, even Disney is nowhere to be cheerful.
Ah yes, if job creation is taking place under a Democrat, then the jobs are all part timers/multiple jobs/etc. But according to the Republican governors, it's because of their "conservative approach to managing" their state.
I don't have Twitter account.
I splited time between 2 states. Florida's recent decade boom is fueled by northern money, the demographic will eventually change. It is never a red state other than the higher tax issue. Remember Al Gore?
%%
YES I remember that loser, Weather Channel said he ''should be sued for fraud'' Some of its southern fuel from South Americans moving north.
It did change/ from blue to red. NOT sure I would call Carl Ichan ''northern money'' as long as he has lived in FLA, but fine by me if you want to LOL
Most likely many FLA hotels + motels are non resident customer money
This recession never ends.
%%
INTERESTING;
much of that borrowing came from the younger customers, the same renters that liked the cheaper font end cost of renting compared to home/RE ownership=amazing trend
%%
INTERESTING;
much of that borrowing came from the younger customers, the same renters that liked the cheaper font end cost of renting compared to home/RE ownership=amazing trend
read this paragraph. delinquency is when you can’t pay off previous month balance and/or late payment on purpose, even a minimum payment doesn’t count as delinquent. borrowers have to cut consumption somewhat in their budget to stay afloat.
The Fed’s measure of credit card debt 30 or more days late climbed to 7.2% in the second quarter, up from 6.5% in Q1 and the highest rate since the first quarter of 2012 though close to the long-run normal, central bank officials said. Total debt delinquency edged higher to 3.18% from 3%.