Economic News

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HintonJamesHeel said:
Wowza. Checked my retirement accounts, 529s and investment accounts as today is 6/1 and May was insane. I had no idea it was the best month in 30 years. I guess having a lot of unstable months ahead of it led to a great performance.
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Not quite. It was the best **May** since 1990. It was the best month since . . . November 2023.
 

Consumers Are Financing Their Groceries. What Does It Say About the Economy?​

Increased use of “buy now, pay later” loans may signal shifting consumer habits, but could also be a troubling sign of financial stress.

...

Mrs. Hodge, 29, is hardly alone. Nearly a quarter of consumers using buy now, pay later loans finance groceries, up from 14 percent a year ago, according to a recent LendingTree survey. And it’s not just groceries; more Americans are using these loans to pay for recurring monthly bills, such as electricity, heat, internet and streaming services like Hulu.

Consumers can break up gasoline purchases into installments or pay for the burrito or burger order delivered to their home in bite-size pieces. People are going on social media to share tips on how to use the short-term financing even for rent.

While some borrowers say the loans are a useful way to manage cash flow, others say the increased use of buy now, pay later plans for day-to-day essentials is a troubling sign that more consumers are financially stressed.
 

Global Investors Have a New Reason to Pull Back From U.S. Debt​

After hedging currency risk, foreign investors no longer make money buying American bonds​


🎁 —> https://www.wsj.com/finance/investi...4?st=wLmyfo&reflink=desktopwebshare_permalink

“Foreign investors have plenty of reasons to be wary of U.S. government debt at the moment. Now there is another: They can often receive better returns buying bonds in their own countries.

The risk of a weaker U.S. dollar and the cost of protecting against that risk, are making American assets less attractive around the world. That comes at a bad time for the U.S. Treasury market, which is already contending with a darkening U.S. budget picture and the trade war….”

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ColdBlueSteel said:
Thanks, but is that all we’ve got on why this is bad? Was expecting a little more substance from the board that knows for sure what’s best for everybody and everything.
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Your boy is talking about bringing everything back to the US then this.

I am not sure, economically, if thus is bad, but how is this the America First that trump keeps selling?
 
UNCatTech said:
And what do you attribute that to?

Is it the great economy of trump or is it that they are factoring in TACO and not overreacting to the bullshit he spews daily?
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I think the economy is so strong. Trumps madness has made everything underperform to what it likely would be if he had never started with the Liberation Day craziness.
 
HintonJamesHeel said:
Wowza. Checked my retirement accounts, 529s and investment accounts as today is 6/1 and May was insane. I had no idea it was the best month in 30 years. I guess having a lot of unstable months ahead of it led to a great performance.
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A couple of horrific months.
Bouncing back below where you were 2 months ago isn’t a W.
 
altmin said:

Consumers Are Financing Their Groceries. What Does It Say About the Economy?​

Increased use of “buy now, pay later” loans may signal shifting consumer habits, but could also be a troubling sign of financial stress.

...

Mrs. Hodge, 29, is hardly alone. Nearly a quarter of consumers using buy now, pay later loans finance groceries, up from 14 percent a year ago, according to a recent LendingTree survey. And it’s not just groceries; more Americans are using these loans to pay for recurring monthly bills, such as electricity, heat, internet and streaming services like Hulu.

Consumers can break up gasoline purchases into installments or pay for the burrito or burger order delivered to their home in bite-size pieces. People are going on social media to share tips on how to use the short-term financing even for rent.

While some borrowers say the loans are a useful way to manage cash flow, others say the increased use of buy now, pay later plans for day-to-day essentials is a troubling sign that more consumers are financially stressed.
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I read this a few days back, this is crazy.

Having to finance the basic necessities of life isn't a good sign.

I thought trump was going to drop prices dat one? I guess this is that pain that we got instead....
 
HintonJamesHeel said:
I think the economy is so strong. Trumps madness has made everything underperform to what it likely would be if he had never started with the Liberation Day craziness.
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Not fully following.

I believe the economy was much better if trump would have not started his tariff BS. are you saying the same?
 
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