If you think housing and rents are crazy where you live, try Miami. US inflation seems be stalling at a rate twice the central bank’s target. US median real wages (adjusted for inflation) fell for three years after Covid…
Grocery store sales may finally be at an end in terms of raising prices. Lower-income families are feeling the pain of higher interest rates and higher prices. US home listings are down significantly as people can’t afford to move…
More evidence that things are slowing in the US. Yet American tourists are flooding Europe. Meanwhile airfares on US domestic flights are falling. Alarming debt stats…
More evidence of discretionary spending suffering in the US. Lululemon bucking the trend. Some signs the US is slowly slowing…
More sellers of discretionary items reporting sharp declines in sales. Tesla cars on sale. Insurance prices are rising: Home and Auto…
More retailers are reporting sales declines; particularly discretionary items. Things could get worse when student loan repayments start in October. A bit of wine…
Sales at stores like Footlocker and Macy’s are accelerating downward. More concerns about China. Some signs that the employment situation in the US may be turning…
Food prices are still rising and while energy prices are still lower than this time last year they are starting to rise again. Mortgage rates in many countries are continuing their relentless march upward…
Food prices are still rising and while energy prices are still lower than this time last year they are starting to rise again. Mortgage rates in many countries are continuing their relentless march upward…
Air travel is strong, but business air travel may have peaked. Despite global manufacturing being in contraction, oil demand is reaching new records. Summer driving months and airline vacations? A bit on college tuition inflation. Government in Canada is almost a third of the cost of new housing…
Some food prices are falling: at least at the wholesale level. More prices over volume. Parts of the global economy are shrinking quite fast: Exports from China; Shipping within the US.
More signs of the US economy weakening but also of more people travelling abroad. If the economy doesn’t slow, we could see oil prices rising higher for some time as supply keeps getting cut…
More companies are seeing things slow in the US and more examples of companies increasing their prices and seeing volume (the amount of stuff they sell) contract. A few areas of the economy are still strong: Caterpillar (Agriculture, Mining and Construction) and Super Luxury (Hermes)…
There are still a lot of companies continuing to increase their prices even if it results in lower volumes of sales: charging more and selling less. Some companies are seeing strong advertising sales so things could be turning in some areas and car sales are still strong…