Will the cost of buying real estate mean-revert to the cost of renting? The real estate market is frozen and we are yet to see the full impact of high real interest rates. Will the price correction (if any) trigger the next crisis? Source: Visual Capitalist
US Real Estate Bubble!? Read More »
Imports to China decreased by 12.4% YoY to USD 201.16 billion in July. This was the sixth time of decline in inbound shipments in 2023 and the steepest decrease since January. This news is a bad sign for the US and Japanese economies as well, because imports were down from the US 11.2%, from Japan
Chinese Economic Weakness Read More »
PacWest Bancorp is “saved” by Bank of California with a merger. Announced exactly on the earnings day of PacWest. Will this affect tomorrow’s FED decision? Source: https://lnkd.in/eAKhTYH7
One Less US Bank Today Read More »
📈 The positive real interest rates have started to work according to the credit data of the past weeks and months. It’s especially visible in Commercial/Industrial and Automobile Loans where we can see a significant drop in Q2 2023. 💳 Consumer Loans are also showing signs of decrease, starting to take effect in Q3 2023.
Real Interest Rates and Their Influence on Global Economy 🌐 Read More »
🚀 Tesla has just disclosed its Q2 financial results, and the gross margin dropped further to 18.2% 📉 compared to 25% a year ago. Though total automotive revenues in Q2 2023 were higher than Q1 2023, they remained smaller than Q4 2022 ⚙️. Following the financial report, Tesla shares took a hit, declining by 4.18%
Tesla’s Q2 Financial Results: Margins Dip and Shares Tumble 📊😢 Read More »
Pissarides received the Nobel Prize in Economic Sciences in 2010 for his research on unemployment. It would be wise for the Federal Reserve to take heed of his insights and recommendations. Source: https://www.cnbc.com/2023/07/14/fed-interest-rates-nobel-economist-sees-no-need-for-more-hikes.html
📊 The Consumer Price Index (CPI) has dropped to 3% year-over-year, signaling a significant monetary tightening. Real interest rates have surged by 1% in just one month, all thanks to falling inflation. 📉⚡️ The trend is apparent, and the Federal Reserve (FED) now faces the risk of recession and deflation if they overtighten. Will they
Assessing the US CPI Trend: ⬇️3% YoY 📉🔀 Further Hike(s) Ahead? Read More »
Swiss inflation dropped to 1.7% in June 2023 compared to the previous year, making it unclear why @SNB should continue raising rates and limiting economic expansion. SNB`s inflation target is 2%.
The anticipated year-on-year Consumer Price Index (CPI) for June 2023, according to the Cleveland Federal Reserve, is 3.22%. Monetary policy has just started to become really tight with higher positive real interest rates. This will have a negative impact on GDP growth. Delinquency and default rates (both corporate and personal) may rise, especially as many
📉 Inflation expectations fall – An exciting July ahead 🇺🇸 Read More »
🌍The disproportionate share of global wealth held by Africa and South America highlights the urgent need to address the glaring disparities in global wealth distribution.💔 Sources: Genuine Impact; Wikipedia
Distribution of Global Wealth Read More »
Don’t miss my future updates!
Get Subscribed Today!
©2023. DamjanCsiba. All Rights Reserved.
Don’t miss my future updates!
Get Subscribed Today!
©2023. DamjanCsiba. All Rights Reserved.