He points out that his programs have put more money and jobs out to Americans.... He is trying to raise more people being able to make Over Time.... He points to a drop in Inflation.... He points out that many of Trump economic efforts have failed..... But? Biden … [Read more...] about Biden does a presser Saying the economy IS better due to His efforts….
Fed Interest rate increases
US Home Mortgage rates climb above 7%…..Ouch!…..
Well? The Fed gets what it wants....... The HIGHEST rate in 21 years..... Mortgage rates surged to a 21-year high this week, a jump that will make it even harder for buyers to afford homes in a market hampered by high prices and low inventory. The average 30-year … [Read more...] about US Home Mortgage rates climb above 7%…..Ouch!…..
The Fed looking to NOT raise Interest Rates for Now…..
Could allow banks and other financial outfits begin to DROP borrowing rates for consumers? Federal Reserve Chair Jerome Powell is expected to pause his yearlong campaign of jacking up interest rates to curb inflation, offering a reprieve to consumers and businesses. But for … [Read more...] about The Fed looking to NOT raise Interest Rates for Now…..
Jenny Craig will go out of business….Other New Layoffs list…..
The mass layoffs and shutdown's keep coming...... Good Economy???? Later today ole Jerome and Fed should hike interest rates again I'd assume? Consumer prices gonna keep rising.... Jenny Craig will close its doors after four decades in the weight loss and nutrition … [Read more...] about Jenny Craig will go out of business….Other New Layoffs list…..
Walkig thru the minefield of US banking this week…
President Joe Biden took no question after his short comments today... He's NOT a happy camper..... Right now? He's sitting on his hands waiting to see what is going to happen with the American banking system.... Two banks went under in the last few days.... Biden … [Read more...] about Walkig thru the minefield of US banking this week…
Will the Fed Stop raising interest rates?
No more interest rate hikes? (For Now at least) All the 'market' people are REALLY talking about right now is interest rates #1 The Banks #2 They want ole' Jerome & Co. over at the Fed to STOP raisng the interest rates...... The market people (and consumers) … [Read more...] about Will the Fed Stop raising interest rates?
Biden tries to get around Govt. Money backing the Banks….
Just hearing the President of the United States SAY the banks are safe is NOT gonna work I believe.... But? Biden did say 'He will do 'Whatever has to be done'..... But this morning ANOTHER bank (First Republican) went in the tank today..... ALL the bank … [Read more...] about Biden tries to get around Govt. Money backing the Banks….
Labor Dept. says 311,000 jobs added in February ….
CAUTION..... This figure WILL BE adjusted next month as is the norm.... (The adjusted numbers tend to go downward) The jobless rate? Went UP..... Wages DECREASED...... The report notes that there have been ten's opf thosands of job layoff's.... As … [Read more...] about Labor Dept. says 311,000 jobs added in February ….