U.S. Household Worth Increases By $943 Billion…Has Recouped 53% Of Losses Off Highs In 2007
thestatedtruth.com | June 9, 2011
Household wealth in the U.S. climbed by $943 billion in the first quarter of 2011 according to the Federal Reserve’s flow of funds report out of Washington,  as rising stock market share prices outstripped declines in home values. From the peak in June 2007 to the low in 2009 the losses from all asset groups combined were -24.9% of assets. As of […]
College Educated And Broke
thestatedtruth.com | June 6, 2011
Is an education really worth the cost? In many cases the answer is YES, but in many other cases the answer is NO, and especially involving  “for profit trade schools”! The cost of education is becoming onerous and student loans are littered with financial landmines. Many are given to students to attend for-profit schools that will yield very […]
Getting Older And Spending Less
thestatedtruth.com | June 5, 2011
What are the two things about getting older that stand out on the chart below…….Yep, health care costs and health insurance lead the way in cost inflation for retirement age people. The  comparison is to when they were ten years younger…..gasoline is in third place and drugs are fourth. Nothing else is even close in terms of cost […]
More Hocus Pocus On Employment Numbers
thestatedtruth.com | June 3, 2011
According to Zero Hedge, take away the Birth/Death adjustment of 206,000 in the chart below and the real number is: -150,000. This is a big  monthly B/D adjustment.  If the McDonalds addition of 62,000 part-time jobs be added to the May number, the economy really lost over 200,000 jobs in May. More government hocus pocus!   PS….the reason for the big […]
Job Wants And Average Duration Of Unemployment Have Both Hit New Highs
thestatedtruth.com | June 3, 2011
So this is what the government proudly calls a recovery…..after spending trillions of borrowed dollars! New all time records for the charts below. www.zerohedge.com
Millionaires Control 39% of the World’s Wealth!
thestatedtruth.com | May 31, 2011
From the Wall Street Journal. These are ridiculous numbers, no society can operate for long with so such concentrated wealth, this will have to change…….The world’s millionaires represent 0.9% of the world’s population but control 39% of the world’s wealth, up from 37% in 2009. Those with $5 million or more represent 0.1% of the […]
How Does The U.S. Congress Stack Up In Terms Of Personal Wealth?
thestatedtruth.com | May 29, 2011
Poor babies! The data is before Edward Kennedy died, but still relevant!
A Look At The Coming 6-Year Cycle Peak On Wall Street
thestatedtruth.com | May 28, 2011
 The road ahead is getting narrower by the day! A Look at the Coming 6-Year Cycle Peak By: Clif Droke The year 2011 to date has seen its share of ups and downs in the financial market, yet nothing like the volatility of 2010 has made its appearance. With an important long-term yearly cycle scheduled […]
Here Is A Real Problem, Food Prices….And It’s Not Going Away Anytime Soon!
thestatedtruth.com | May 27, 2011
There will be riots around the world if bad weather continues to dilute food crops.  This has the potential to be a world wide problem as spring turns to summer. The realization will come by fall if farm harvests turn to dust in the wind ! So, what happens if we have a decent harvest?….Aah then consider us to be lucky and food inflation may be […]
Staving Off Bankruptcy With Drastic Measures On The One Hand….Unsustainable Debt On The Other Hand
thestatedtruth.com | May 26, 2011
Drastic cuts in expenditures would put the world, not just the U.S. in the mother of all depressions! The U.S. is in what we would call a “Pickle”, come to think of it so is Europe. Can’t win no matter what! So what happens then…hopefully we muddle along until the next financial crisis comes along, […]
The Economic Cycle Research Institute (ECRI) Calls For A Global Slowdown By Summer
thestatedtruth.com | May 21, 2011
Lakshman Achuthan, founder and managing director of the Economic Cycle Research Institute (ECRI), is calling for a slowdown in global economic growth by this summer. Based on our Long Leading Index of global industrial growth, we expect a downturn to start by summer. Beforehand, prominent shorter-leading indicators of industrial growth, like JoC-ECRI industrial commodity price […]
Food Stamp Recipients Hit 44.2 Million, A New Record
thestatedtruth.com | May 2, 2011
The SNAP released the most recent food stamp numbers. Not surprisingly, we have another all time high of 44.2 million poverty-level Americans relying on government funding for day to day sustenance. So you ask: When will this end?  Hmm…we wonder about that too!
Business Current And Future General Activity Indexes Surprise Eonomists…Head South
thestatedtruth.com | April 21, 2011
Trouble dead ahead….remember, we’re (supposedly) in an economic recovery? www.ingerletter.com
Another Stock Market Warning
thestatedtruth.com | April 9, 2011
More warning signals for the stock market………just the opposite of the bottom!
The The Devolution Of The Consumer Economy…Rising Costs, Declining Wages
thestatedtruth.com | April 8, 2011
It’s here and now folks, the widening gap between declining incomes and higher costs has been filled with borrowed money. Now that borrowing has reached its limit,  the consumer economy is devolving. Here is what it means. The cost structure of the entire U.S. economy has bloated to unsustainable levels. Here’s the basic mechanism: when money […]
Mall Vacancies Are At The Highest Rate In 11 Years; Strip Mall Vacancy Rates Are Highest Since 1990
thestatedtruth.com | April 8, 2011
Nobody seems to be paying attention to this….. From the WSJ: Mall vacancies hit their highest level in at least 11 years in the first quarter, new figures from real-estate research company Reis Inc. showed. In the top 80 U.S. markets, the average vacancy rate was 9.1%, up from 8.7%. The outlook is especially bad […]
Stock Market Tid Bits, And The Long Term Kress Cycles
thestatedtruth.com | April 3, 2011
The Fed Q Ratio (chart below) is signaling a warning for stocks……it is saying that we are currently at a level seen only 6 times since 1900! So lets look at this in terms of the Kress Cycles between now and Sept-October (the approximate date of the Kress 6 Year Cycle high This is where we could see a market […]
What Country Is Wal-Mart’s Second Biggest Market?
thestatedtruth.com | March 28, 2011
Citigroup is out with a report today highlighting Wal-Mart and its burgeoning international business. Question: So what are the retailer’s big non-US markets? Answer: You’ll be surprised, take a look at the chart below.  Read more: http://www.businessinsider.com/wal-mart-regional-breakdown-2011-3#ixzz1HxW3Jczf
2001-2010: Ten Year Prelude To The Keynesian End Game
thestatedtruth.com | March 19, 2011
Notice if you will, the house in the chart below is upside down…..how appropriate! One hundred years of the government’s attempts to mute the natural business cycle are slowly and painfully coming to an end. A period where the government proactively encouraged consumption until it became 70% of the economy, we produced very little, and […]
Household Debt Accelerating Once Again, But At A Much Slower Pace Then Before!
thestatedtruth.com | March 19, 2011
Defaults have lopped $822 billion off U.S. household debt since mid-2008! These loans were not payed off, but it looks that way with many of the statistics….. One of the puzzles of the recovery has been how U.S. households have managed to shed some $658 billion in mortgage, credit-card and other consumer debt over the past two and a […]
Here Is Why The Stock Market Continues Higher….It Has Followed The Federal Reserve’s Balance Sheet
thestatedtruth.com | March 12, 2011
This will continue until the stimulus stops, at that point everything will change, and not for the better! So, eyes on the road everybody. New guidance should be coming soon from the Federal Reserve.
Here In Lies The Problem….Anyone Care To Guess Where The Wars Will Be Fought Over This?
thestatedtruth.com | March 6, 2011
World Food Prices Increase To A Record
thestatedtruth.com | March 3, 2011
Guess Ben Bernanke has been looking at the wrong picture with his “inflation isn’t a problem” rant! The picture above looks pretty darn clear to us. Global food prices rose to a record in February and grain costs may continue to rise in the next several months, with only rice keeping the world from a repeat […]
Gallup Sees Consumer Confidence Headed Down
thestatedtruth.com | March 1, 2011
Gallop breaks things down into different categories much better then other polls do! According to the Gallup Poll, “Americans have become much less confident in the U.S. economy over the past two weeks, with Gallup’s Economic Confidence Index falling from -18 to -30 during that span. The -18 Index score from two weeks ago was the […]
World Debt Chart – This Is Why The Years 2012-2014 Will Likely Be Very Tough Years
thestatedtruth.com | February 23, 2011
You All Know The Drill….A Picture Is Worth A Thousand Words! In This Case, We Have A Picture That Even A Kindergardener Will Understand…Well, Then Again Maybe Not!
thestatedtruth.com | February 17, 2011
A quick look at the second chart below shows why (interest on debt) the yellow area, is a sledge hammer to an economy. http://jessescrossroadscafe.blogspot.com/
Bernanke: I’ll Say It One More Time, Inflation Is Not A Problem (Currently)!
thestatedtruth.com | February 17, 2011
Uh, Ok Chief…..What ever you say. Here’s a list of things that are not, repeat…are not a problem.  Our math must be a little sideways though, because just looking at the figures below seem to indicate that we (currently) look to have a BIG problem.   January 2009 TODAY % chg Source Avg. […]
Gallup Daily: U.S. Unemployment Is 10.3% Unadjusted And Under Employment is 19.7% Unadjusted
thestatedtruth.com | February 12, 2011
Gallup result is based on a 30-day rolling average; unlike the U.S. governments seasonal adjustment……  Gallup’s U.S. employment measures report the percentage of U.S. adults in the workforce, ages 18 and older, who are underemployed and unemployed, without seasonal adjustment. “Underemployed” respondents are employed part time, but want to work full time, or they are unemployed. […]
The U.S. CPI Looks Like A Rig Job Here….We Think A New Formula Might Be In Order
thestatedtruth.com | February 11, 2011
Look at the chart below, who is that at the far end with the smallest food component percentage in the overall CPI….Yep, good old Uncle Sam. Here we go again, looks like the same dumb bozos that put together our budget deficits, must have designed the current CPI formula! Math 101 should be a requirement for […]
Recovery….Uh,What Recovery?
thestatedtruth.com | February 10, 2011
Here is a chart of the total number of employed Americans over the past ten years. Hmm, we heard there was a recovery going on….must have some wax in the ears, come again on that? Read more: http://www.businessinsider.com/when-recoverys-just-a-word-2011-2#ixzz1DbQLn3y6
Gallup Finds U.S. Unemployment Up Slightly in January to 9.8%
thestatedtruth.com | February 3, 2011
It will be interesting to see if the government figures come in the same…so where is the “big economic recovery” that we hear about on a daily basis from the talking heads…looks more like a “small economic recovery” to us…inquiring minds want to know! Â by Dennis Jacobe, Chief Economist PRINCETON, NJ — Unemployment, as […]
Food Stamp Usage Continues Higher…Up 14% From One Year Ago
thestatedtruth.com | February 1, 2011
We’re looking at nearly 15% of the population now on food stamps….and the drift between the rich and the poor continues to get wider by the day! As of November, the SNAP program had 43.6 million participants, an increase of 400k from October, and a 14% increase, or 5.3 million from a year prior. The […]
Say What….How Much Did You Say That Nickel Was Worth?
thestatedtruth.com | January 26, 2011
Yep, a nickel is worth 6.8 cents in metal value or 36% more then the $.05 it represents in spendable value! Yes, it’s true; the value of a nickel is soaring, even as the value of a dollar is slumping. That’s because every nickel that rolls out of the U.S. Mint contains about 3.75 grams of […]
We’re In Deep Demographic Poop, With No Help As Far As The Eye Can See!
thestatedtruth.com | January 24, 2011
It’s hard to have substantial economic growth when you don’t have population growth. So, real estate will have a hard time bouncing very far, and the same goes for other asset classes that the U.S.Fed has artificially stimulated like stocks and commdities for an example!
Commercial Real Estate In A Nut Shell!
thestatedtruth.com | January 23, 2011
It looks like the calm before another storm created by CRE loans in the next 3 years. We know vacancy rates remain high and we know values have not recovered. LTV ratios look to be very tight for many a bank CRE loan. As mentioned below, we crescendo in terms of CRE loan maturities between now and 2013. […]
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