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Classic-Metal-Roofing-2021-10-14

by Wolf Richter • Oct 14, 2021 • 0 Comments

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FRONT PAGE

US National Debt Goes Over $36 Trillion, +$2 Trillion in 2024!! 🥂🍾

by Wolf Richter • Nov 22, 2024

The share of T-bills outstanding, average interest rate paid on the debt, and cash in the Government Checking Account (TGA).

US Dollar Crushes Euro, Yen, Canadian Dollar, other Currencies as Fed Backpedals on Pace of Rate Cuts

by Wolf Richter • Nov 22, 2024

Amid renewed inflation worries and above-average economic growth.

Demand Destruction for Existing Homes: Sales in 2024 Track Lowest since 1995 amid Highest Supply for October in 6 Years

by Wolf Richter • Nov 21, 2024

Too-high home prices cause demand destruction on an epic scale. Buyers’ strike continues in November and December.

ECB’s Own Measure of Wage Increases Blows Fuse, Sets Off Alarms about Stubbornly Hot Services Inflation

by Wolf Richter • Nov 20, 2024

Meanwhile, the ECB’s QT marches on, balance sheet has shed €2.45 trillion since the peak, or 59% of its pandemic QE.

Credit Card Delinquency Rates, Balances, Burden, and Available Credit in Q3 2024

by Wolf Richter • Nov 19, 2024

Americans far from “tapped out.” Credit card delinquency rate dips to 3.2% (Fed), “prime” delinquency rate 0.99% (Fitch), “subprime” gets over free-money hangover.

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