New foreclosures jump 20%‼ in October, a sign of more distress in the housing market The cracks are becoming full on fissures. There's no way the administration is going to be able to spackle over all this bad data In October alone, there were 36,766 foreclosure filings - the 1st step in the process, when a lender warns a borrower they're in default. That's up 3% from Sept & 19%‼ from a yr ago. 'Foreclosure activity continued its steady upward trend in Oct — the 8th straight month of YOY increases,' said ATTOM CEO Rob Barber. The rise is stirring uncomfortable memories of 2008, when a wave of foreclosures triggered the worst housing crash in modern US history. Back then, millions of Americans had adjustable-rate subprime mortgages that borrowers could not afford to pay. The fallout wiped out trillions in household wealth & pushed major banks to the brink, tipping the global economy into recession https://www.cnbc.com/2025/11/13/foreclosures-rise-october-housing-market-distress.html
"October this year large companies have announced plans to hire 372,520 seasonal workers vs 660,150 @ THE SAME POINT LAST YEAR (‼44% DECREASE YOY in seasonal hiring‼), the fewest announced seasonal hires through October since Challenger began tracking them in 2012" Every year, hundreds of thousands of U.S. workers take on seasonal jobs during the holidays. This year those jobs look harder to come by. Queens, N.Y., native Meredith Carbonell, 37 years old, has applied to holiday jobs at Kohl’s, Target and other retailers after losing her full-time job last holiday season. So far, she hasn’t found any takers, and her savings have begun to dry out. https://www.wsj.com/economy/jobs/holiday-seasonal-jobs-market-61f071b5?mod=hp_lead_pos4
Cascading demand destruction. Warm up those printers, we're gonna need them.
>>61320767Freightwaves CEO: "Well, we should be worried. The goods economy, certain portions of the goods economy are collapsing right now. So, year over year trucking volumes, this is really predominance of freight that moves across the United States, is down 17%". "But when you look at the industrial sectors, or the the freight that moves over the long haul, this is energy, automotive, housing and manufacturing, we're down 30% year over year, which is very great financial crisis, levels of concern."this holiday will be brutal
Commercial Real Estate:Office CMBS Delinquency Rate jumps to 11.7%, the highest level in HISTORYOffice sets a new all-time high @ 11.76% w/multifamily coming in 2ndAll 5 of the major property types saw increases in their respective delinquency rates. The largest rate increase was seen in the office sector, which soared 63 basis points in October to set a new all-time high of 11.76%, after retreating by over 50 basis points the month prior. Earlier this year, the office delinquency rate hit new record highs of 11.08% in June & 11.66% in August, both now eclipsed by October's new peakThe 2nd-largest rate increase was in multifamily, which rose 53 basis points to 7.12%, & topped the 7% threshold for the first time in nearly 10 years (December 2015). The lodging rate also rose 26 basis points to 6.07%, while retail & industrial experienced more modest increases to their rates, up 13 basis points & eight basis points, respectively.https://www.trepp.com/trepptalk/cmbs-delinquency-rate-climbs-in-october-2025
One more datacenter bro
this is fine
US CONSUMER SENTIMENT IS AT CRISIS LEVELS — AMERICANS’ PERCEPTION OF THE ECONOMY HAS FALLEN BELOW THE LOWS SEEN DURING THE 2008 FINANCIAL CRISIS.US consumer sentiment falls to its 2nd lowest level on RECORDKeep in mind that 2025 layoffs are over 1 million & likely to reach 1.3 million for all of 2025
>>61320873COMMERCIAL MORTGAGE-BACKED SECURITIES JUST HIT THE HIGHEST DELINQUENCY RATE IN HISTORYHow exposed are the banks & other financial institution to this dilemma? Not to worry, the printing of new dollars will set everything right once again.
>>61320795US job cuts for October hit a 22-year highOctober 2025 hit 153,074 job cuts, the highest monthly total in 22 years, worse than anything we've seen since the 2008 financial crisis. Young adult unemployment at an all time high going back to 1947
>>61320889180-MONTH AUTO LOANS ARE NOW BEING OFFERED IN THE U.S. — A MOVE AIMED AT LOWERING MONTHLY CAR PAYMENTS AMID SOARING VEHICLE PRICES AND HIGH INTEREST RATES.Buying a car in 2025: 12.74% for 84 months $102,000 financed total interest $53,800The "15yr car loan" & “50-yr mortgage” is not a symbol of opportunity, it’s a sign that debt has become the default path to SURVIVAL & the omission of systemic failure& if you watched Trumps interview w/Ingraham yesterday you understand why the 50yr mortgage & 15yr car loan is occurring now. Trump's plan is to juice the economy by taking rates to zero w/QE creating more inflation but as they say "You don't buy the house, you buy the mortgage". This is the phase #1 of " You'll own nothing & be happy" the happy part comes once perhaps once you retire to the "overside".
>>61320902FED'S WILLIAMS: 'IT WILL NOT BE LONG' BEFORE U.S. CENTRAL BANK NEEDS TO EXPAND HOLDINGS AGAINthe money buffet again will be all you can eat & banks are starving for liquidity = an abundance of risk taking. No downside to risky behavior when the gov't/fed bailout liquidity is always there to reward this behavior when you wrong = Kingsized Moral Hazard & when that gets stretched too far we get the collapses in the illusion of safety. Consumers realize their savings, pensions, or insured assets aren’t as protected as they thought. The “too big to fail” becomes to "too big to care about" & "too small to think about". When moral hazard collapses, the reckoning hits consumers hardest. You can bet some "analyst" on CNBC will still say "the consumer looks strong, there still spending""US central banks need expand holdings again" means labor less money created that will cause the average US consumer to have their cost of living increase to save the economy
>>61320894Restaurant/Food Stocks are in a full blown recessionalong w/the following store closing in 20251) Joann - ALL STORES2) Walgreens - 500 STORES3) Quiksilver Billabong - ALL STORES4) Forever 21 -200 STORES5) CVS pharmacy - 270 STORES6) Macy's - 66 STORES7) FAMILY DOLLAR - 370 STORES8) Party City - ALL STORES9) Foot Locker - 420 STORES10) Advanced Auto Parts - 700
WHITE HOUSE: FEDERAL STATISTICAL SYSTEM MAY HAVE PERMANENTLY BEEN DAMAGEDWHITE HOUSE: OCTOBER JOBS REPORTS LIKELY NEVER RELEASED
The October jobs report will be released without a reading of the unemployment rate, President Donald Trump’s top economic adviser said Thursday
>>61320922
>>61320878"The volume of US corporate bonds that've dropped from investment-grade to junk status has grown to $ 42 billion this year from $6 billion last yr: Barclays. The percentage of IG bonds on watch for downgrade to junk is nearing its highest level in a decade: Barclays"$42B in fallen angels. Credit spreads still compressed.The market is pricing perfection while quality deteriorates - proving that liquidity negates fundamentals until it doesn'tThe lowest-quality IG (investment-grade) U.S. corporate bonds, the “negative watch/negative outlook” proportion stood at 5.7%, up from 2.9% at the start of the year. Rising credit stress, especially in the lower-quality BBB tier of investment-grade issuersInvestors are STILL complacent, perhaps due to optimism about soft-landing scenarios or expectations of Fed rate cuts but perhaps this is calm before the vigilantes actThis comes as the Treasury is about to increase debt issuance
Reminder the the government did this shit and not the free market
this is unironically worse than the april tariffs. how can this be?
>>61321152The Jews released a virus and killed millions of people to get Trump out of the White House in 2020. You don’t think they could tank the economy as well?
>>61320433>it's another housing bubble againStop backing fiat with useless debt and just RETVRN to GOLD already
>>61320902I trust Brad Pitt’s abs more than any other source of news.
>>61320909The Fed's "original recipe" of QEHe’s signaling liquidity management rather than outright QE for stimulus purposes, but the mechanical effect (expanding the balance sheet) is very similar. They are simple changing the "colors" in hopes you recognize its the exact same thingIf the Fed keeps using the repo facility HEAVILY or expands reserves to stabilize funding markets, it is effectively injecting liquidity in a QE-like fashion, even if it’s not calling it QEEither way, it's dwelling on expanding liquidity the same core effect as QE, just under a different label. As said before there isnt enough heavy metals to be able to get ahead of this mounting situation where reality begins to assert itself in a profound fashionIn practical terms, the cost of living for the median consumer rises as a hidden tax to preserve systemic liquidity & financial stability. THE PRINT IS ON FOLKS
>wake up>log into /biz/>cozy doomthreadahhh yeah feels good being a NEET with zero skin in the game
>>61321202If everyone starts to need gibs, no one gets gibs. You will be eaten alive.
>>61321048>>61320795Verizon to Cut About 15,000 JobsIts becoming worse & a pretty rapid pace going into what should be for the holiday season a hiring spree but its the opposite
>>61320894Average New Car Prices Rise Above $50,000 for the First Time Ever. & don't forget along w/that $50K is the increase of auto insurance good simply continuing to get more & more expensive & unaffordable as leaders continue to take US consumers around in a circle. Nothing changes same singular plan of printing money as "reform" & the illusion of prosperity. https://www.caranddriver.com/news/a69047202/average-new-car-price-rises-above-50000/
>>61321388this is fine
>>61321473>>61320939WHITE HOUSE: FEDERAL STATISTICAL SYSTEM MAY HAVE PERMANENTLY BEEN DAMAGED WHITE HOUSE: OCTOBER JOBS REPORTS LIKELY NEVER RELEASED This is the path for the new "methodology" for inflation without saying it. It's safe to assume that we are way above 3% inflation.
>>61320828Now compare all other ai adjacent infrastructure in the U.S compared with the rest of the world.
Subprime Auto Delinquencies Worst In Over 30 YearsDelinquency rates on subprime auto loans surged to their highest level since 1994
>>61321166Trump is a Jew shill. He's their literal last hope, retard.
>>61321249misery loves company
I was told deporting illegals would cure all problems in economy and everything would become cheaper, so why is economy collapsing MIGA bros? Could it be that Trump was using brown people as an excuse for his failing tariff policies?
>>61320795that CEO is lying. trump and his jews said anyone who posts disinformation about his amazing economy where everyone in america is getting richer than ever is a russian shill
>>61320828all those datacenters and trillions of dollars and china releases local, open source models that rival the top proprietary ones from anthropic and jewishAI
>>61321202I just hope my parents come out all right. Dad's got a good job and is pretty important, so I don't think he's likely to lose it, but they have had money trouble in the past and might not be prepared for the worst.
>>61321883It was all to seethe the libs it's not even about the immigrants
>>61320433Too many people bought multiple homes on debt thinking the renters would pay them back but a lot of places are having vacnacies
>>61320433cope you neet incel, houses are NEVER going to crash. it will be worth double in 5 years and you will NEVER move out of your parents home : )
What are the implications of spy, btc, gold all being perfectly correlated?
>>61320828>One more datacenter brochart does not include all the DOD/NSA secret data centers
I love how every trade I do on SPY runs directly towards my stop loss. I should just trade opposite to what my signals say
>>61321201SCHMID SAYS FED COULD LOWER RATE PAID ON RESERVES, EASE ACCESS TO STANDING REPO FACILITY TO SUPPORT SMALLER FED BALANCE SHEET, EASE LIQUIDITYbanks are in trouble
Ok doomers
>>61321201>>61322549Overnight repo, the liquidity injection was $3.90 billion New total for the last 7wks @ $138.69 Billion NY Fed's Perli: There is no reason why there can't be sizable standing repo facility usage. Central banks normalize emergency-style interventions. & historically, unlimited liquidity is not fine for purchasing power. Persistent liquidity support persistent inflationary drift. This is part of the reason the dollar loses purchasing power & its framed so harmlessly, "there is no reason why there cant be sizable standing repo facility usage" then it becomes endless https://www.newyorkfed.org/markets/desk-operations/repo
>>61320433Completely JPow's fault desu. He should have lowered rates by at least 1% months ago if not longer.
>>61321201>>61322978And how do you suppose reserves are to get into the system then, if you consider both QE and SRF reserves “emergency”
>>61323482JPow is trying his damned hardest not to spook treasury markets. US survived plenty of recessions. It hasn't survived a single treasury panic sell.
