4-Week Average Jobless Claims increase to 240000, expect higher Unemployment
United States 4-week average jobless claims have increased to 240,000 from the previous 238,000, indicating that the U.S. economy is slowing the pace of hiring while the marginal profitability of American businesses shrinks. Price Stability is a Total fallacy and…
Japan’s debt leverage has been increasing to worrying levels, what could be the implications for the Japanese Yen
Although a very resilient and highly productive and highly technological economy, Japan has achieved many milestones with consistent and somewhat abnormal debt leverage in proportion to the country’s gross domestic product, so the Bank of Japan doesn’t really have anymore…
United States Household Debt Balance breaks another record, setting American Households $17.8 Trillion in the red, while Credit Card delinquency rates are on the rise
Total consumer debt in the United States has reached an unprecedented level, with American households now owing a staggering $17.8 trillion. This record-breaking amount underscores the growing financial strain on many families, as they grapple with mortgages, credit card balances,…
Ireland’s economy in a prolonged recession sees the Unemployment rate rising to 4.7%
Ireland has experienced a recession starting from the first quarter of 2023 and continuing through the second quarter of 2024 Meanwhile, the quarter-on-quarter aggregate economic output data conveyed an improvement of economic growth with two positive quarters. However, in the…
