Inflation Storm Devastates US Households As Fuel, Power And Food “Become Unaffordable”
By Tyler Durden The latest inflation figures are due on Friday and will reveal if consumer prices are signaling a peak or will remain at…
By Tyler Durden The latest inflation figures are due on Friday and will reveal if consumer prices are signaling a peak or will remain at…
By Tyler Durden While it is traditionally viewed as a B-grade economic indicator, the April consumer credit report from the Federal Reserve was another shocker…
By Michael Snyder Prices are soaring, there are widespread shortages of certain items such as baby formula all over the nation, and at the same…
By Tyler Durden After dismal earnings by such mammoth retailers as Walmart, Target and this morning’s “horror report” by Abercrombie and Fitch, on Tuesday afternoon…
By Tyler Durden While it is traditionally viewed as a B-grade indicator, the March consumer credit report from the Federal Reserve was an absolute shocker…
By B.N. Frank Americans are becoming more concerned about all the personal data that is being collected on them – and their kids – and…
By Tyler Durden Having warned the world to expect “extraordinarily elevated” levels of inflation due to “Putin’s Price Hike,” the White House is likely in…
By Tyler Durden U.S. consumers’ loyalty to brand names at supermarkets is quickly evolving as they try new grocery products amid snarled supply chains and…
By Tyler Durden Following the far-hotter-than-expected CPI print, analysts expected Producer Prices to extend their acceleration, and they did rising 10.0% YoY in February (vs…
By Tyler Durden After unexpectedly sliding last month in what was the largest monthly decline since 2013, the latest NY Fed Survey of Consumer Expectations…
By Tyler Durden America’s top snack company, Mondelez International, told Bloomberg TV Friday that consumers will begin to push back on rising food prices as the economy…
By Stefan Gleason Over the past year, the Federal Reserve Note “dollar” has been losing value at an alarming pace as reflected by broad price…
By Tyler Durden While the consensus believed today’s US retail sales for December would come in with a modest 0.1% MoM drop to end 2021,…
By Tyler Durden Yesterday when addressing the nation, and taking what appeared to be a victory lap for something – it wasn’t exactly clear what,…