Helping You Survive and Prosper in the Greater Depression
The factory orders were not great in April. This is not necessarily surprising, considering the plethora of weak manufacturing PMI reports in the last few months. According to the Census Bureau, headline factory orders rose 0.4 percent in … [Continue reading] about U.S. core factory orders tumble for third straight month
Is the U.S. services sector beginning to cool off? After being red hot, the latest data suggest that the services industry is showing signs of slowing down, with business activity, new orders, and employment sliding. Prices are also coming … [Continue reading] about Stagnation: U.S. services sector cooling off, new ISM data show
In April, the number of job openings climbed back above ten million. According to the Bureau of Labor Statistics (BLS), job openings increased to 10.103 million, up from an upwardly revised 9.745 million. This beat the consensus estimate of 9.375 … [Continue reading] about WTF? Job openings return back above 10 million
What a way to enter Pride month. As the United States braces for millions of Americans walking the streets naked or wearing BDSM gear in front of children, companies that are embracing this lifestyle are going broke. Here is a look at some of … [Continue reading] about Woke corporations see stocks tank heading into Pride month
An interesting thing happened on the way to a potential default on the US debt. Treasury Secretary Janet Yellen confirmed in a letter to House Speaker Kevin McCarthy that the federal government would be unable to pay its bills as of June 5 if the … [Continue reading] about Treasury’s cash balance sinks below $39 billion as Janet Yellen pushes debt ceiling deadline to June 5