There are reports that USA banks have a 14% increase in foreclosures compared to last year. This graph on reventure shows an interesting parallel between unemployment and mortgage defaults.
Watch the entire video as more economic and real estate financials are reported
Just Out
Fed Funds rate remains at 5.2% after no hike. Powell's projecting rates will go up to 5.7% by year end.
The Fed just paused the June rate hike
What I learned - all the USA economic information is available - the economy can slide sideways or up or down. Most honest information includes indicators for all 3 possible trends with some "if - then" terms and conditions. The one-sided presentations clearly have an agenda and are completely dishonest with a magnitude of lies by omission.
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