These numbers are unfathomable. Between the fees and increased interest rates how is anyone scraping by these days…
Fed Stands Idly by as Banks Play Bait and Switch on Interest Rates…
Have you read the fine print on high yield savings accounts? Do you have any idea how banks are screwing you by renaming products?…
The Fed’s Big Problem, There Are Two Economies but Only One Interest Rate…
On average, the economy looks OK. But averages are misleading. Several large groups of people are struggling. They all have one thing in common…
Outlook 2024: Gold Set to Make History…
The gold market is poised to make history in 2024. It enters the New Year within striking distance of new all-time highs…
Dollar Off to Best Start to a Year Since 2005…
The U.S. Dollar Index peaked in fall 2022, the highest it had been in nearly two decades, rising in response to aggressive interest rate hikes…
Investor Warns U.S. Entering ‘Greatest Real Estate Correction in My Lifetime’: ‘Going to be at epic levels’…
One real estate investor is bearing witness to the start of the industry’s “greatest” correction he’s ever seen…
Fed Officials Pencil in Three Rate Cuts for 2024…
The Federal Reserve decided to forgo an interest rate hike amid reports showing inflation is cooling and signaled that it will cut rates faster than previously anticipated next year…
Now It All Makes Sense…
What we find is that the main economic events that took place were the ISM Services on Dec 5, the November Payrolls report on Dec 8, the University of Michigan Consumer Sentiment report, the CPI report on Dec 12 (and let’s add today’s retail sales data just for additional context)…
The Federal Deficit Nearly Tripled, Raising Concern About the Country’s Finances…
The federal government’s deficit nearly tripled in the first nine months of the fiscal year, a surge that’s bound to raise concerns about the country’s rising debt levels…
There Are Very Strange Things Going on at Goldman Sachs Savings Accounts Interest Rates…
Goldman Sachs’ online bank, Marcus, is offering an interest rate on its savings accounts that is 350 times the interest rate being offered by its competitors, JPMorgan Chase and Bank of America. That’s not normal…
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