Financial topics

[Higgenbotham]

This data is only through June.





https://www.fhwa.dot.gov/policyinformat ... juntvt.pdf

[vincecate]

"The August 2021 Consumer Sentiment Index reported by the University of Michigan, considered one of the best measures of sentiment, fell to its lowest level in a decade, since 2011, to 70.2, which was lower than the lowest level during the 2020 pandemic, the April 2020 reading of 71.8. Why? What has folks so concerned? People know. People see. People are not as stupid as the Master Planners and their minions think."

The travel and birth rates could be down from the pandemic. And birth rates must be lagging indicator by 9 months, I would guess.
But the Consumer Sentiment Index seems hard to ignore.

It seems the evictions are finally really happening too. And the extra unemployment has ended. So things could be much worse all the sudden.

I think this 8.3% PPI number is significant.
But Tuesday's CPI is probably most important.

[Higgenbotham]

"The August 2021 Consumer Sentiment Index reported by the University of Michigan, considered one of the best measures of sentiment, fell to its lowest level in a decade, since 2011, to 70.2, which was lower than the lowest level during the 2020 pandemic, the April 2020 reading of 71.8. Why? What has folks so concerned? People know. People see. People are not as stupid as the Master Planners and their minions think."

The travel and birth rates could be down from the pandemic. And birth rates must be lagging indicator by 9 months, I would guess.
But the Consumer Sentiment Index seems hard to ignore.

The reason I posted the travel is to show that it did not recover to pre-pandemic levels, although it could have by now because the data lags by 3 months.

The pandemic made some difference in the birth rate decline but not as much as I would have thought. I found that interesting when looking at the data because the talking heads have been attributing the recent decline in the birth rate to the pandemic. I think the economy was already getting significantly worse for the average young person before the pandemic hit. Therefore, given the recent sentiment numbers, I expect that the birth rate will likely continue its decline.

[Higgenbotham]

It seems the evictions are finally really happening too. And the extra unemployment has ended. So things could be much worse all the sudden.

I was going to post something on that but haven't had a chance to take photos of what I saw today. In April, I had posted this photo:

Sign the US is entering into the next stage of collapse.

Today, only 5 months later, I saw an indescribably filthy homeless camp about 5 miles from where that sign was posted in April. I realize filthy homeless camps have existed for awhile in places like San Francisco, etc., and nobody would be surprised to see one in the US but this was a very sudden change here.

[Higgenbotham]

Anecdotally, we have some friends who rent and normally when we get together he just wants to talk and watch documentaries.

But more recently, maybe a month ago, he wanted to talk about starting a business. It was a lot of pie in the sky talk like the only way to become a millionaire in the US is to have your own business and that we could start the business he had in mind and sell it for millions in a few years.

Then by mistake his wife let it slip that the government had been paying their rent. Turned out they got over $18,000 from the government to pay their rent.

My guess would be that those payments stopped, oh, about the time he wanted to stop the small talk and start the talk about the big business plans.

[aeden]

We do not have a scale for the recent explosion in the homeless encampments.
Every insult hurled has been verified by time to our conspiracy critics.
Our spring ride comments to conditions are now a phenom.
The knuckle heads alluded to us mean nothing since they cannot see what was
but we know what is.

Real time protests are mounting as reported that more than 1.5 million Evergrande customers have paid for
unfinished apartment projects that have not yet been completed. This was noted here some time ago as we know here.
Evergrande used to tamper with the plot ratio, transfer the houses to their own financial institutions, conduct evaluations,
re-mortgage, and even re-mortgage and other operational methods to make a large number of loans from banks.
Although being a purely financial fraud, it has been under the control of the Chinese Communist Party.
The explosion of Evergrande once again verified Mr. Miles Guo’s intelligence, and it also showed how the corrupt regime
of the Chinese Communist Party relies on the real estate Ponzi scheme for a living.

All they have to do is naked short the Hell out it as Rubin to complete the perfect crime as the epic CRA thieves here did.
The million offshored by xiden47 completes the utter corruption leaving over 85 billion in hardware since the plan was
commissioned in 2019 for withdraw. One astute observer noted it correctly. More than one is in this guy. As in processed.

Even local affairs to corruption are sanctioned as sweep it under. The sickness of corruption is overwhelming our zones and appears to be
ever increasing. Billions of dollars of US assets are being bought by a mad man from Thailand. We wonder if the Senate even has a clue.
As it is they have been exposed to insidious killer and then it was conveyed lay on hands. The utter disregard is staggering.

As they eat a handful of rice in the other zone any one who even conveys facts gets 30 years which is a death sentence.
The Malayalam, Kannada and Telugu languages are being translated to abuses that are beyond the pale to the avarice and cruelty's.

[aeden]

https://ppc.sas.upenn.edu/sites/default ... idence.pdf
We are here. It was no mistake or accident.
Only one fact appears to remains as warned before only one can they regain sanity.
No matter the evidence as Tainter and Diamond point to they ran into a parked car
biting the tires.

[aeden]

https://youtube.com/watch?v=qXRPHeU0KA8

As my wife said my god what is going on.
I told here since the Bantu files and our squad swamp lunatic who want me to pay more
as we help our family from the ravages from these gain of function murderers wait
until He pours out His wrath. Yes understanding is not a condition they process since
as I pointed out to again you do not or did not matter. The point is these people still
do not understand what true anger is. We await that time, then times and half a time erupts.

thread: Amos, Harpazo

[vincecate]

From Hussman:

"When the music stops, in terms of liquidity, things will get complicated. But as long as the music is still playing, you’ve got to get up and dance."

– Chuck Prince, CEO, Citigroup, July 2007

Citigroup had already peaked 7 months earlier. From July 2007 to March 2009, the stock lost 98% of its value. The Fed eased aggressively the whole way down. The critical mistake, in my view, was to assume that “liquidity” somehow mechanically supports the financial markets, and to overlook how much that so-called “support” relies on speculative psychology.

https://www.hussmanfunds.com/comment/mc210912/

[vincecate]

"US consumers' inflation expectations for the year-ahead increased for the 10th straight month to 5.2% in August of 2021"

https://tradingeconomics.com/united-sta ... pectations

Powell says they are "well anchored" but they keep going up. Hum.