View More at www.fraywire.com The recent surge in credit card delinquency rates is raising eyebrows across the financial sector. As shown in the accompanying chart, these rates have climbed to their highest levels in over a decade, signaling potential trouble not just for individual consumers but for the broader economy as well. Understanding the Trend
Inflation and Wage Growth Relationship: View More at www.fraywire.com Labor Market Dynamics: Inflation Outpacing Wage Growth: Economic Policies and Pandemic Impact: Current Economic Conditions:
In the past weeks, the financial markets have experienced notable volatility driven by a series of political events. The attached chart of the S&P 500 ETF (SPY) illustrates these fluctuations, providing a window into how political developments have influenced investor sentiment and market performance. Political Events and Market Reactions Assassination Attempt and Market Stability An
Today’s Chart of the Day showcases the performance of business sales over the last few years, highlighting both the values and the trendline. Notably, the chart indicates a plateau in sales growth with a slight decline in recent months. This trend is crucial for understanding the broader economic landscape and its potential implications. Economic Slowdown
This morning’s Consumer Price Index (CPI) report revealed that the year-over-year (YoY) inflation rate came in at 3.3%, slightly below the expected 3.4%. This small but significant deviation has important implications for consumers, Federal Reserve policy, and the political landscape, especially in the context of the upcoming presidential election. Implications for Consumers Understanding the Broader
View this chart and more at https://www.fraywire.com/portal/economics/series.php?series_id=A34SNO Markets are closed today for Juneteenth, so we’re looking at charts in place of our usual Mid-Week Market Review. Today’s charts provide a compelling visual narrative of the interplay between industry demand for computers and electronic products and the market performance of NVIDIA, a leading player in the
Today’s chart highlights a significant trend in highway and street construction spending in the United States over the past few years. This data, sourced from the Federal Reserve on www.fraywire.com, reveals a fascinating trajectory in infrastructure investment from January 2019 to June 2024. Initial Stability and Decline (2019 – Early 2020): From January 2019 through
Known for its ridiculously long receipts at checkout and, my personal favorite “Minute Clinic”, CVS hit my watchlist again this week as price trails along a multi-year support level and remains oversold. Could be a good buying opportunity if the economy doesn’t crash – then again, CVS is known for selling cheap snacks and goods,
Historically, these patterns have resulted in significant losses Today we’re looking into techincals on the S&P 500’s $SPY ETF. Techincal analysis tells us that these head and shoulder patterns are bearish. Learn more about H&S patterns on investopedia. Historically, these topping patterns have resulted in price drops around the neckline. Although these price structures are
Iron & Steel Manufacturing The Producer Price Index for iron and steel has dropped over 26% after peaking in 2022. Also noteworthy is Total Highway and Street Construction Spending dropping over 2% since December 2023. You can find charts, data, tables, and much more on the Fraywire Market Portal for free Sign up for our