Saturday, April 10, 2021

The Most Splendid Housing Bubbles in America: “House-Price Inflation” in all its Glory

0
Wolf Street: ouse prices rose by 11.2% from a year ago, the biggest increase since the peak of Housing Bubble 1 in 2006, according to...

Will Biden’s Spending Spree Shake Confidence In The World’s Reserve Currency

0
Zero Hedge: While the greenback may look forward to supercharged U.S. growth, the spending that’s being unleashed to drive American exceptionalism comes with an...

US Dollar’s Status as Dominant “Global Reserve Currency” Drops to 25-Year Low

0
Wolf Street: The global share of US-dollar-denominated exchange reserves dropped to 59.0% in the fourth quarter, according to the IMF’s COFER data released today. This...

Biden Infrastructure Plan Erodes ‘Right-to-Work’ Laws, Includes ‘Card Check’

0
Breitbart: A provision of President Joe Biden’s proposed $2.3 trillion infrastructure plan, the American Jobs Plan, would erode “right-to-work” laws in states that do not...

Biden’s Stimulus Will Cut Poverty By 40%… For One Year

0
Zero Hedge: The NY Times also jumped on Biden’s stimulus package to tout how “transformative” Biden will be to the U.S. economy. “The rich rule over...

Tax increases to be paying for Biden’s $2.25 trillion infrastructure plan – White House

0
Forex.com: 620 billion to be dedicated to transportation $650 billion to be used for initiatives to improve quality of life at home $580 billion...

Consumer Confidence Highest In A Year

0
Talk markets: The headline number of 109.7 was an increase of 19.3 from the final reading of 90.4 for February. This was above the Investing.com consensus of...

10-year Treasury yield hits 14-month highs, topping 1.77%

0
CNBC: The yield on the benchmark 10-year Treasury note jumped to 1.772% at 4:40 a.m. ET. The yield on the 30-year Treasury bond rose...

Zero Lessons Learned: Stock Buybacks Soar To All Time High

0
Zero Hedge: One would have hoped that if the global financial community had learned one lesson from the covid crisis, it would be that companies...