The Economy

[schism666]

This isn’t the meme thread.

it's a good thing i don't give a fuck then, eh?

 

[schism666]

This isn’t the meme thread.

is this acceptable, hall monitor?

 

[heathrowinneo]

Even mortgage rates are going the wrong way …

US Mortgage Rates Jump Further to Five-Month High of 6.43%



So many unintended consequences of Dum-Dum Donnie’s war.

And add the private credit mess, more problems.

 

[SebastianHolt]

all this talk of the economy has gotten some of my neighbors worried ie they will sell me their house/rental property dirt cheep

 

[Bray123]

The debt explained.

 

[ll74]

The debt explained.

View attachment 2606645

Lol.....cultists continue to make up shit to apologize for the President.

Besent on steroids.

 

[heathrowinneo]

https://www.cnbc.com/2026/03/26/fed-trump-jerome-powell-subpoenas-doj.html

One of the few, real guardrails still in place.

Trump will extend the pause on attacking Iranian oil facilities til April 6. Maybe he is seeing the mayhem and mess his war has created in the markets. Plus, quickly coming up on the 1 year anniversary of yuge tariffs for all.

Add to all that farmers with financial issues and fertilizer choke points with labor shortages.

Add in rising medical costs. Add growing grocery costs. Add gas and heating oil moving upward in cost.

 

[MajorRewrite]

Well, shit. The very cyclical real estate market is buckling …

Serious mortgage delinquencies are on the rise as homeowner stress spreads

The number of mortgages seriously past due or in foreclosure reached the highest level since 2022, a sign that more homeowners are facing prolonged financial stress.

As of January, some 878,000 home loans were more than 90 days past due or in foreclosure, according to ICE Mortgage Technology, a figure that’s risen 25% in the last four months.

Too many people on the verge of losing their homes.

 

[Buffalogurl]

This morning U.B.S. financial....just announced that they are "locking" their clients real-estate investment withdrawals for up to three (3) years.....
Nothing say bank failure like ....stopping withdrawals for 3 years........ ya just can't make this shit up......
Gold, silver and ammo.... the real currency.....if you don't hold it, you don't own it.....

 

[Bray123]

 

[Bray123]

 

[Bray123]

Trump declared inflation 'defeated' — now the U.S. is projected to have the worst inflation among G7 countries in 2026

In January, President Donald Trump boasted to G7 leaders and others at the World Economic Forum in Davos that his team had “defeated” inflation in the U.S.
“Grocery prices, energy prices, airfares, mortgage rates, rent and car payments are all coming down, and they’re coming down fast,”

Here are the projected 2026 inflation rates for G7 countries:

U.S. 4.2% (up from 2.6% in 2025, according to its calculation)
U.K. 4% (up from 3.4%)
Germany 2.9% (up from 2.3%)
Canada 2.4% (up from 2.1%)
Italy 2.4% (up from 1.6%)
Japan 2.4% (the outlier, down from 3.2%)
France 1.8% (up from 0.9%) (6)

He knows what 'grocery' means, he explained to his poorly educated followers that it's a "simple word" that represents a bag filled with different things. So no excuses.

https://moneywise.com/news/economy/...he-worst-inflation-among-g7-countries-in-2026

 

[heathrowinneo]

Trump declared inflation 'defeated' — now the U.S. is projected to have the worst inflation among G7 countries in 2026

In January, President Donald Trump boasted to G7 leaders and others at the World Economic Forum in Davos that his team had “defeated” inflation in the U.S.
“Grocery prices, energy prices, airfares, mortgage rates, rent and car payments are all coming down, and they’re coming down fast,”

Here are the projected 2026 inflation rates for G7 countries:

U.S. 4.2% (up from 2.6% in 2025, according to its calculation)
U.K. 4% (up from 3.4%)
Germany 2.9% (up from 2.3%)
Canada 2.4% (up from 2.1%)
Italy 2.4% (up from 1.6%)
Japan 2.4% (the outlier, down from 3.2%)
France 1.8% (up from 0.9%) (6)

He knows what 'grocery' means, he explained to his poorly educated followers that it's a "simple word" that represents a bag filled with different things. So no excuses.

https://moneywise.com/news/economy/...he-worst-inflation-among-g7-countries-in-2026

Gee, wonder how all that came about? Tariffs? War? Ever increasing national debt? Rising Healthcare costs? Rising gas prices? Treasury rates continuing to climb? Loss of trade partners? Hmmm, what more? Geezus h christ he us working on bankruptcy #7?

 

[AlexBailey]

The US is the top petro producer of the world. We have the cleanest, easiest to refine crude and lots of natural gas, not to mention that we supposedly now have control of the Venezuelan oil industry….

So why are our gas prices going up so high while the choke point is in the strait of Hormuz?

Oh, yeah! The global market!

The US petroleum industry, already one of the most profitable sectors of the US economy and one that is not obstructed by the war in Iran, has the opportunity to sell their products for more elsewhere.

They can still make billions in our domestic market without raising prices but their need to feed the greed exceeds any responsibility they may have to American citizens.


They’re fucking America, not because their costs went up, but because they can make more selling elsewhere.

Again Trump policies and corporate America are screwing everyone but the wealthy donor class.

 

[MajorRewrite]

Job Openings and Labor Turnover Survey, February: hiring is “frozen”

US hires plunged to 4.8 million last month, down by 387,000 from a year ago, according to the Job Openings and Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics. Outside of the pandemic, the hiring rate hasn’t been this low since the beginning of 2011.

“3.1% is not only comparable to the COVID low point - it's also comparable to late 2009 and early 2010, when the unemployment rate was around 10%,” Guy Berger, director of economic research at the Burning Glass Institute, wrote on X.

“This is a hiring recession. And Americans are feeling it. There were notable hiring pullbacks in February in hospitality and construction,” Heather Long, chief economist at Navy Federal Credit Union, wrote on X.

 

[Iluv17]

 

[ll74]

View attachment 2608601View attachment 2608602

You may want to check the market again.

 

[MajorRewrite]

The trade deficit grew in February. “Liberation Day” tariff taxes on American businesses and consumers have not reduced trade deficits.

The US trade deficit jumped almost 5% in February to $57.3 billion, another notable reading exactly one year after Trump declared trade deficits his top priority on “Liberation Day.”

The US trade deficit remains roughly the same today as it was on April 2, 2025, when Trump delivered his “Liberation Day” address and signed an executive order that name-checked the trade deficit in its title.

The increase in February’s deficit was a result of import increases, which jumped by 4.3% to $372.1 billion.

 

[heathrowinneo]

Just chalking up the wins. Our trade partners and investors look at the US with a jaundice eye. Other markets, notably Asia, are doing well.

https://www.cnbc.com/2026/04/02/liberation-day-1-year-on-investors-are-rethinking-us-assets.html

 

[Iluv17]

 

[ll74]

View attachment 2608864

Now do March.
Lol

 

[heathrowinneo]

Now do March.
Lol

Retail is up and the tariffs continue to be applied. Enjoy the additional costs.

 

[MajorRewrite]

March employment growth 178,000. Unemployment rate 4.3%.

February employment loss revised to -133,000.

The US economy added 178,000 jobs in March, soaring past expectations, the Labor Department said Friday. The unemployment rate edged down to 4.3%.

Economists surveyed by Bloomberg had expected a gain of 65,000 jobs, reversing February’s drop. That month’s loss grew even bigger with revisions: from 92,000 to a new figure in Friday’s report of 133,000. Economists had projected no change in the unemployment rate from February’s 4.4%.

The bloated healthcare industry continues to be key …

Much of March’s gain can be attributed to growth in one key sector — healthcare. A strike of healthcare workers pulled February’s payrolls down, only for the sector to add 76,000 jobs in March and push overall job growth higher.

Positions were also added in construction, transportation, and warehousing.

 

[Iluv17]

Say it aint so! And its only getting better DAILY! tRUTH

https://www.breitbart.com/economy/2026/04/03/march-payroll-growth-18x-larger-than-economy-needs/

 

[ll74]

Say it aint so! And its only getting better DAILY! tRUTH

https://www.breitbart.com/economy/2026/04/03/march-payroll-growth-18x-larger-than-economy-needs/

This will be revised down into negative territory next month.

And this additional tidbit buried at the end is the real story......workers are getting less hours.

But average weekly earnings actually ticked down because the average workweek fell from 34.3 to 34.2 hours — firms are adding workers to payrolls but trimming hours, the signature of an employer class that faces a tight labor supply but remains cautious about demand.