by irdadmin | May 15, 2024 | Financial Markets, Housing Market, U.S. Economy
The following commentary and analysis is from the May 5th issue of my Short Sellers Journal newsletter. Arbor Realty (ABR) – “Rising interest rates have negatively impacted real estate values and have limited certain borrowers abilities to make debt...
by irdadmin | Jan 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Every month consumer debt in aggregate hits a new record. Auto loans and student loans have been hitting monthly record highs for quite some time. This is why it’s no surprise that many people who are looking to get an auto loan need to make sure that they use...
by irdadmin | Nov 22, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“The current state of credit card delinquency flows can be an early indicator of future trends and we will closely monitor the degree to which this uptick is predictive of further consumer distress.” – New York Fed official in reference to rising...
by irdadmin | Aug 2, 2017 | Financial Markets, Market Manipulation, U.S. Economy
July auto sales was a blood-bath for U.S auto makers. The SAAR (Seasonally Manipulated Adjusted Annualized Rate) metric – aka “statistical vomit” – presented a slight increase for July over June (16.7 SAAR vs 16.5 SAAR). But the statisticians...