The recent recessionary directional indication from the 4th quarter GDP reading should have set off some alarm bells within the economic community. However it is […]
Tag: CONSUMER
01.23.26 Credit Union Failure Friday Not BFD but BHCEFCU
Tonight the Beverley Hills City Employees Federal Credit Union went tango uniform, aka, failed, aka, conserved. So what is the story behind a credit union […]
The Populist Threat to America’s Economy
In ancient days, to avoid the wrath of a Rome, the wealthy would often offer tribute in many forms as a sign of submission and […]
Maybe the Consumer Isn’t as Strong as Advertised
Sigh, I feel like the lost bear in the woods. There is an underlying economic reality that the “K” shaped economy is something new to […]
The Fed Should Pray for a Recession
The Federal Reserve now faces the ultimate challenge heading into an election year. As many long time observers have said, the Fed governors, despite their […]
The Consumer is Toast
The media has been hyping the consumer is still strong nonsense for many, many months now. To the point that has become nauseating propaganda which […]
The CPI Reading for Inflation Should Come in Hot Today
I am standing by most of my December 31, 2022 prediction where I stated the following: -The Federal Reserve conducts a shocking 0.50% rate increase […]