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'Bougie broke' Americans: Spending more while falling further behind
Markets

'Bougie broke' Americans: Spending more while falling further behind

Despite inflation-adjusted incomes falling dramatically since January 2021, Americans are buying more than ever. That may sound like a contradiction, but it’s perfectly possible, at least in the short run. Americans today, especially the young, are just “bougie broke.” That’s a fancy way of saying people have given

by EJ Antoni
The Myth of the Soft Landing
Markets

The Myth of the Soft Landing

Rising consumer price disparities, credit market stress, and cautious banking behaviors challenge the narrative of a 'soft landing' in the current economy.

by Staff

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'Bougie broke' Americans: Spending more while falling further behind
Markets

'Bougie broke' Americans: Spending more while falling further behind

Despite inflation-adjusted incomes falling dramatically since January 2021, Americans are buying more than ever. That may sound like a contradiction, but it’s perfectly possible, at least in the short run. Americans today, especially the young, are just “bougie broke.” That’s a fancy way of saying people have given

Apr 16, 2024
by EJ Antoni
The Myth of the Soft Landing
Markets

The Myth of the Soft Landing

Rising consumer price disparities, credit market stress, and cautious banking behaviors challenge the narrative of a 'soft landing' in the current economy.

Apr 15, 2024
by Staff
Goldman Sachs Gambles on Falling Rates
Markets

Goldman Sachs Gambles on Falling Rates

Goldman Sachs Group Inc’s rate cut in its consumer bank Marcus reflects a wider financial sector trend, driven by expectations of Federal Reserve policy changes and underlying economic fragility.

Apr 10, 2024
by Staff
The Gold Endgame Begins
Markets

The Gold Endgame Begins

Gold is ripping to new all time highs, and China could be behind the move. Is the Western gold market manipulation finally reaching its endgame?

Apr 8, 2024
by Peruvian Bull
Biden’s Swiss Cheese Labor Market
Markets

Biden’s Swiss Cheese Labor Market

EJ Antoni exposes a labor market filled with part-time roles and decreasing full-time jobs, where native-born Americans face significant decline, defying optimistic employment narratives.

Apr 6, 2024
by EJ Antoni
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