According to the data, median incomes can t keep up with rental prices in three Alamance County cities. This gap leaves renter families struggling to find safe, affordable housing and making sacrifices to keep a roof over their head.
by Tyler Durden
Tuesday, Jun 01, 2021 - 05:45 AM
While pundits debate whether the record usage on the Fed s reverse repo facility, which last week hit a record $485BN before easing back modestly.
. will be the technical catalyst that forces the Fed to finally hike the IOER by 5bps at the June meeting (a move which Powell will repeat several hundred times is
not indicative of the Fed s broader monetary policy to avoid a panic puke), a bigger threat to the Fed s overall (and overly dovish) monetary posture is that as Nordea wrote last week,
there is a clear risk that the May inflation report published on June 10, will prove to be an absolute shocker with used cars and trucks up by 50% year over year, and a potential further increase in the yearly increase in the rent of shelter component.
by Tyler Durden
Friday, May 28, 2021 - 01:25 PM
With BofA predicting that the US is facing a period of transitory hyperinflation as a result of soaring commodity prices in everything from metals to food.
The @UNFAO global food price index rose for an 11th month in April to a seven year high at 120.9, representing a y-o-y jump of 30.7%. Food #inflation has not risen this fast since 2011 with all sectors rising led by sugar and oils - #agriculture#grainspic.twitter.com/V78egWukzI Ole S Hansen (@Ole S Hansen) May 6, 2021
.. and beyond, in what increasingly more warn is a stagflationary burst right out of the 1970s playbook.