▽Zero Hedge ●01/03 10:36 Credit Card Defaults Surge 50%, Economic Meltdown AcceleratesBY ITM TradingU.S. credit card defaults hit 14-year highs as the illusion of recovery unravelsVegas Police Say "Very Strange Similarities" Between Cybertruck Bombing & Bourbon Street Massacre"The intel community will be focused on any reflections on the attack which normally would happen within the first 24-36 hours.""Trump Is Not W
▽Econbrowser ●01/03 05:36 A Manufacturing Recession?Once again, Heritage’s EJ Antoni speaks (on Fox) about a manufacturing recession, focusing on employment. I’ll just point out that, according to the most relevant indicator, the manufacturing sector hasn’t been in a downturn for two years.Continue reading →This entry was posted on January 2, 2025 by Menzie Chinn.Teaching Macro, 2025I’ve got undergrad upper division a
▽Calculated Risk ●01/03 04:17 Thursday, January 02, 2025Freddie Mac House Price Index Increased in November; Up 4.0% Year-over-yearby Calculated Risk on 1/02/2025 12:43:00 PMToday, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased in November; Up 4.0% Year-over-yearA brief excerpt:Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.56% month-over-month on a se