(The Center Square) – Even though they already are at historic highs, home prices in the Valley are increasing faster than in any other market in America. The S&P CoreLogic Case-Schiller Home Price Index from September showed Phoenix home sale prices increased more than 33% from September 2020. Of the 20 major metropolitan markets the […]
https://pricklypear.news/wp-content/uploads/homes-construction.jpg339508Cole Lauterbachhttps://pricklypear.news/wp-content/uploads/logo_2023.pngCole Lauterbach2021-12-02 15:56:062021-12-02 16:10:34Phoenix Home Prices Experience Nation’s Biggest Price Spike in September
Fifteen state financial officers sent a letter to U.S. banks last week noting $600 billion in assets they pledge to take elsewhere if the financial institutions embrace corporate wokeism and prohibit financing to the fossil fuel industry. Led by West Virginia Republican Treasurer Riley Moore, the group promised “collective action” in the form of an […]
https://pricklypear.news/wp-content/uploads/iStock-1225330885.jpg482724Tristan Justicehttps://pricklypear.news/wp-content/uploads/logo_2023.pngTristan Justice2021-12-02 01:00:142021-12-03 09:14:5615 States Threaten To Pull $600 Billion From Banks That Won’t Give Equal Service To Energy Industry
U.S. District Judge Matthew T. Schelp on Monday ordered a preliminary injunction against the Biden Administration, stopping mandated COVID-19 vaccinations for health care workers in Centers for Medicare and Medicaid Services (CMS) facilities. “Because it is evident CMS significantly understates the burden that its mandate would impose on the ability of healthcare facilities to provide […]
https://pricklypear.news/wp-content/uploads/eric-schmitt.png411660Joe Muellerhttps://pricklypear.news/wp-content/uploads/logo_2023.pngJoe Mueller2021-12-02 00:55:152021-11-30 11:37:48Judge Stops Federal COVID-19 Vaccine Mandate in Medicare, Medicaid Facilities in 10 States
A look at per-worker personal income, what’s left of it after inflation. Adjusted for inflation, consumers’ personal income from all sources – from wages, interest, dividends, rental income, unemployment compensation, stimulus checks, Social Security benefits, etc. – so “real” personal income dipped by 0.2% in October from September to a seasonally adjusted annual rate of […]
https://pricklypear.news/wp-content/uploads/50967649057_929fb71c4a_e.jpg10801920Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2021-12-01 01:05:492021-12-01 12:03:00INFLATION: Each Worker’s Slice of After-Inflation-Income Pie Is Shrinking.
The bureaucracy’s reversal on the vaccine mandate for businesses is a win for state sovereignty, not to mention the American people After delaying two months before producing a rule pursuant to the White House’s September announcement that businesses with 100 employees or more would have to require the Covid-19 vaccine, the Department of Labor has […]
The largest real estate developer in China—and one of the largest in the world—is on the brink of bankruptcy. The problems this could create in the Chinese financial sector, and in turn in other parts of the world, are convulsing capital markets around the globe. The news is not encouraging. Evergrande has already defaulted on […]
We’ve all seen them, the Medicare TV ads exhorting seniors to apply for enhanced benefits. The government appears to be coaxing often reluctant retirees into greater dependence. But this is a colossally bad idea, even for those of us who support helping citizens in their sunset years. It stimulates greed (it’s freeeee!) and entitlement in […]
https://pricklypear.news/wp-content/uploads/medicare.jpg338509Thomas C. Pattersonhttps://pricklypear.news/wp-content/uploads/logo_2023.pngThomas C. Patterson2021-11-28 01:00:412024-01-17 10:22:53Medicare Ads And Other Inane Policies
Five Senate Democrats tell Biden they won’t back Lenin scholarship winner Saule Omarova Five Senate Democrats told the White House late Wednesday they will not support Lenin scholarship recipient Saule Omarova to serve as Comptroller of the Currency, nuking her chances to serve as the country’s bank regulator. The Democrats—Sens. Jon Tester (D., Mont.), Kyrsten […]
From H.W. sitting down with Mao in 1975 to Neil Bush shipping off millions of masks to China last year. This decision has not come easily. Those were the foreboding words of Mayor Sylvester Turner of Houston, Texas, as he gathered with other city officials before TV cameras on March 11, 2020. Local stations […]
https://pricklypear.news/wp-content/uploads/GHWB-Tiananmen-1-1.jpg6641220John Meroneyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngJohn Meroney2021-11-24 01:00:022021-11-22 12:54:17The Bush Family Affair With China
“Potentially Destabilizing Outcome could emerge if elevated risk appetite among retail investors retreats rapidly.” But what the heck. Only part of the leverage in the stock market is tracked and disclosed on a monthly basis. Much of the leverage happens in the shadows, including Securities Based Lending (SBA) that banks may or may not disclose […]
https://pricklypear.news/wp-content/uploads/boom-96853__340.jpg340480Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2021-11-23 01:00:432021-11-20 10:19:15Stock Market Leverage Spikes, Margin Debt Up 42% YoY. Fed Warns about High Leverage Ratio of “Younger Retail Investors”
Phoenix Home Prices Experience Nation’s Biggest Price Spike in September
/in Arizona News, Economy, Maricopa/by Cole Lauterbach(The Center Square) – Even though they already are at historic highs, home prices in the Valley are increasing faster than in any other market in America. The S&P CoreLogic Case-Schiller Home Price Index from September showed Phoenix home sale prices increased more than 33% from September 2020. Of the 20 major metropolitan markets the […]
15 States Threaten To Pull $600 Billion From Banks That Won’t Give Equal Service To Energy Industry
/in Economy, Environment, Featured, Liberty, National Security, Politics/by Tristan JusticeFifteen state financial officers sent a letter to U.S. banks last week noting $600 billion in assets they pledge to take elsewhere if the financial institutions embrace corporate wokeism and prohibit financing to the fossil fuel industry. Led by West Virginia Republican Treasurer Riley Moore, the group promised “collective action” in the form of an […]
Judge Stops Federal COVID-19 Vaccine Mandate in Medicare, Medicaid Facilities in 10 States
/in Culture War, Economy, Featured, Healthcare, Liberty, Politics/by Joe MuellerU.S. District Judge Matthew T. Schelp on Monday ordered a preliminary injunction against the Biden Administration, stopping mandated COVID-19 vaccinations for health care workers in Centers for Medicare and Medicaid Services (CMS) facilities. “Because it is evident CMS significantly understates the burden that its mandate would impose on the ability of healthcare facilities to provide […]
INFLATION: Each Worker’s Slice of After-Inflation-Income Pie Is Shrinking.
/in Economy, Featured, Politics/by Wolf RichterA look at per-worker personal income, what’s left of it after inflation. Adjusted for inflation, consumers’ personal income from all sources – from wages, interest, dividends, rental income, unemployment compensation, stimulus checks, Social Security benefits, etc. – so “real” personal income dipped by 0.2% in October from September to a seasonally adjusted annual rate of […]
OSHA’s Big “Oops!”
/in Culture War, Economy, Featured, Healthcare, Liberty, Politics/by Carmel RichardsonThe bureaucracy’s reversal on the vaccine mandate for businesses is a win for state sovereignty, not to mention the American people After delaying two months before producing a rule pursuant to the White House’s September announcement that businesses with 100 employees or more would have to require the Covid-19 vaccine, the Department of Labor has […]
Will Evergrande Go Bankrupt?
/in Economy, National Security/by Daniel FenandezThe largest real estate developer in China—and one of the largest in the world—is on the brink of bankruptcy. The problems this could create in the Chinese financial sector, and in turn in other parts of the world, are convulsing capital markets around the globe. The news is not encouraging. Evergrande has already defaulted on […]
Medicare Ads And Other Inane Policies
/in Culture War, Economy, Environment, Featured, Liberty, Politics/by Thomas C. PattersonWe’ve all seen them, the Medicare TV ads exhorting seniors to apply for enhanced benefits. The government appears to be coaxing often reluctant retirees into greater dependence. But this is a colossally bad idea, even for those of us who support helping citizens in their sunset years. It stimulates greed (it’s freeeee!) and entitlement in […]
Comrade Down: Senate Forces Biden to Dump OCC Nominee, Lenin Scholar
/in Arizona News, Economy, Featured, Liberty, Politics/by Chuck RossFive Senate Democrats tell Biden they won’t back Lenin scholarship winner Saule Omarova Five Senate Democrats told the White House late Wednesday they will not support Lenin scholarship recipient Saule Omarova to serve as Comptroller of the Currency, nuking her chances to serve as the country’s bank regulator. The Democrats—Sens. Jon Tester (D., Mont.), Kyrsten […]
The Bush Family Affair With China
/in Economy, Liberty, National Security, Politics/by John MeroneyFrom H.W. sitting down with Mao in 1975 to Neil Bush shipping off millions of masks to China last year. This decision has not come easily. Those were the foreboding words of Mayor Sylvester Turner of Houston, Texas, as he gathered with other city officials before TV cameras on March 11, 2020. Local stations […]
Stock Market Leverage Spikes, Margin Debt Up 42% YoY. Fed Warns about High Leverage Ratio of “Younger Retail Investors”
/in Economy, Featured, Politics/by Wolf Richter“Potentially Destabilizing Outcome could emerge if elevated risk appetite among retail investors retreats rapidly.” But what the heck. Only part of the leverage in the stock market is tracked and disclosed on a monthly basis. Much of the leverage happens in the shadows, including Securities Based Lending (SBA) that banks may or may not disclose […]