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“Quick meals eating places are costly” are an indication of a *good* financial system, not a nasty one.
We wish labor to be costly! Quick meals was cheap within the 2010s due to a slack labor market. https://t.co/abAIZ0dHX2
— Matt Darling 🌐🏗️ (@besttrousers) Could 2, 2024
Auto insurers are crushing the S&P. I’d fade this.
Sure, there may be extra to auto insurance coverage than the worth of the automotive (bodily harm, and so on.)
However KBB says new automotive costs are close to a 2-year low, used automobiles down 4% from final yr. Tesla slicing costs. pic.twitter.com/39ZxZ57ibN
— Jeff Weniger (@JeffWeniger) Could 1, 2024
Encouraging information on the auto insurance coverage inflation entrance from Allstate — increased premiums and slowing value progress have improved profitability, making future giant premium will increase much less seemingly: @TheStalwart @IrvingSwisher @carlquintanilla @talmonsmith pic.twitter.com/PsOqL8zQ3a
— Conor Sen (@conorsen) Could 3, 2024
That is wonderful. pic.twitter.com/5BPsCo8rlY
— Automotive Dealership Man (@GuyDealership) Could 2, 2024
Wow – Lumber is all the best way again to 2019 ranges pic.twitter.com/rSbhISNIQi
— Tom Hearden (@followtheh) Could 4, 2024
Torsten Slok with some extra cool weekend charts:
Inflation adjusted pandemic financial savings are up huge time for the higher center class. in % phrases these of us that didnt get the 20% raises $15/hr of us did. however btwn financial savings and smaller % bumps on MUCH larger base salaries? theyre tremendous pic.twitter.com/vy9ZfxJaTH
— talmon joseph smith (@talmonsmith) Could 5, 2024
What simply occurred to building jobs? pic.twitter.com/IbPxaAJffy
— Tracy Alloway (@tracyalloway) Could 1, 2024
Be happy to push again on this, however going again 50 years most US recessions performed out as an power value shock adopted by an funding collapse. We had the setup for that in Q2 2022 however that’s lengthy gone, so what’s the factor going to be now?
— Conor Sen (@conorsen) Could 5, 2024
1/11
The extra information we get, the extra I fear in regards to the dangers concerned with Spot ETF.
🧵to replace
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Funding Advisors maintain about 35% of all ETFs. Nevertheless, they maintain lower than 1% of the brand new Spot BTC ETF.“Right here come the boomers” was/is a fable. https://t.co/H5CQev7BBR
— Jim Bianco (@biancoresearch) April 28, 2024
Wow. Grayscale. pic.twitter.com/DRoZ4sGZVU
— Alex Krüger (@krugermacro) Could 4, 2024
No matter one insists crypto is – retailer of worth, a declare on scarce digital actual property, a enjoyable spec, a rip-off – since mid-2023 it is traded purely as “The Subsequent Huge Factor” together with AI performs.
Bitcoin in lockstep with $NVDA, with $MSTR and $SMCI appearing as leveraged variations of similar. pic.twitter.com/XAdZjasrdc
— Michael Santoli (@michaelsantoli) Could 1, 2024
Attention-grabbing stat from Freddie Mac. Even with increased charges and sticky costs, first-time homebuyers stay the dominant power within the for-sale housing market, representing 58.2% of all house gross sales.
It is a deflating stat for the conspiracy theorists who proceed to falsely declare… pic.twitter.com/LoYJKtkhWn
— Jay Parsons (@jayparsons) Could 3, 2024
‼️NEW DCG POLL‼️ launched at this time reveals 1 in 5 battleground state voters think about crypto a key situation in 2024 U.S. elections. In a survey performed with @HarrisPoll, swing state voters name for better discourse on digital belongings from political candidates. (1/4) pic.twitter.com/wdfWOePuUw
— DCG (@DCGco) Could 7, 2024
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