In The News Today

Posted at 8:56 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Stanley is correct about the banks getting paid.  However, higher rates do bite the real economy and shrinks collateral already held by banks, brokers, etc.  And the problem today is finding quality collateral to be able to borrow against.  

Hiking The Fed Funds Rate To Fight Inflation is a Smoke Screen To Inject Needed Liquidity Into The Banking System During This, The Age of Deception

Bill Holter’s Commentary

  …which ultimately means the death of ALL buyers because real estate always runs uphill from the first timers.  If starter homes cannot sell, it truly is game over!

Death of the First-Time Homebuyer

More…

Bill Holter’s Commentary

Are you confused?  We’re certainly not …but still know a duck when we see one!

Americans Who Think We’re in a Recession Are Actually Just Confused: White House Adviser

White House economic adviser Jared Bernstein said recently that Americans who think the country has fallen into a recession are basically confused about the source of their economic pain, while doubling down on the Biden administration’s view that the U.S. economy isn’t, in fact, in a contraction, despite two back-to-back quarterly negative GDP prints.

More…