In January, the U.S. median home selling price slipped 2 percent from December, according to the S&P CoreLogic Case-Shiller National Home Price Index.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Apr 4 2023
INFLATION, CONSUMER SPENDING SLOWED IN FEBRUARY
In February, the number of dollars consumers spent rose only 0.2 percent, year on year, down from a revised 1.5-percent bump in January, the U.S. commerce department reported.
CASH FLIGHT TO MONEY MARKET FUNDS WORSENS BANKS’ PLIGHT
As multiple crises roiled the Western banking industry this month, investors yanked money from bank accounts and stashed it in money market funds.
ECONOMIC UPDATE – MARKET OVERVIEW
Two weeks ago, the headline of Gerald Celente's Trends in the News video was “DEATH OF THE DOLLAR ON THE DOORSTEP.”