Breadsticks at Olive Garden Highlight Financial Strain on America’s Middle Class
Tyler Mitchell A friend emailed a link regarding Olive Garden traffic and sales. I created a new chart that agrees.…
Why Angry Renters Will Decide the Election, Take II
Economists say wages are now rising faster than the CPI. That’s not true for those who rent or…
NAHB Wells Fargo Housing Market Index (HMI) Continues to Slide
The National Association of Homebuilders HMI index struggles to gain any lasting positive momentum. Traffic from potential buyers…
A New High-Rise Building Will House the LA Homeless in $600,000 Units
A grand opening of Weingart Tower will have 278 units to shelter the homeless. Hooray!? Image courtesy of…
Retail Sales Were Very Weak in May Counting Negative Revisions
If someone tell you the consumer is strong, please have them read this post. The strong consumer is…
The Surge in Online Shopping and Death of Dept Stores In Pictures
How Covid accelerated the trend towards online shopping in two pictures. Retail sales chart by Mish Online Shopping…
EV Maker Fisker Files for Bankruptcy for the 2nd Time, Titan Solar Goes Under
Fisker said it would be the next Apple. Instead it joins the ash heap of EV history for…
Tesla’s Autopilot Linked to Hundreds of Crashes in a New Safety Probe
Samantha Parker The NHTSA launches new probe into adequacy of 2-million vehicle recall in December, after discovering more crashes linked…
Voters in New Swing State Poll Expect No Improvement in the Economy
The Biden bounce, what little there was, appears to be over already. Biden’s Gains Vanish Bloomberg reports Biden’s…
Mr. President, We Have a Huge Military Drone Gap
No only do we have a mineshaft gap, we also have gaps on drones, tanks, ships, aircraft carriers,…