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Top confoundedinterest.net News

John Thune · United States

Trump and His ‘One Big, Beautiful Bill’ Just Put the Senate in Play for Democrats

42% Right coverage: 24 sources

See the Story

Donald Trump · United States

U.S. Labor Market Surprises with 147,000 New Jobs Last Month

67% Left coverage: 6 sources

FRIDAY: Temperatures will be cooler today with 60s Coast and 70s to low 80s Inland. Breezy to gusty winds are expected along with dry conditions for the interior.See the Story

Federal Reserve · Tokyo

World’s Largest Pension Fund Loses $61_000_000_000 in Three Months Amid US Dollar Decline

Coverage: 2 sources

The largest pension fund in the world just announced a multi-billion dollar loss largely due to the declining value of the US dollar. Japan’s Government Pension Investment Fund (GPIF) recorded a $61.1 billion shortfall in the January-March quarter, its first across-the-board loss in all asset classes since See the Story

Bitcoin Gets 'Bigger' The More Money Central Banks Print, Says Popular Crypto Analyst: 'It's A Beautiful Thing'

100% Center coverage: 2 sources

Bitcoin (CRYPTO: BTC) purist Willy Woo tied the leading cryptocurrency’s growth with global liquidity on Wednesday, stating that the more money printed, the larger it will become.Inflation · United States See the Story

New Home Sales Plunged In May As Mortgage Rates Rose – altnews.org

After an unexpected surge higher in April, new home sales were expected to tumble in May’s data released today followingUnited States · United States See the Story

US Q2 Real GDP Remains At 2.9% (So Much For The Doom Forecast Of Tariffs Crashing The US Economy)

So much for the doom porn from the media about the US economy collapsing due to Trump’s tariffs! The US economy (real GDP) in Q2 is still growing at 2.9%. Latest estimate: 2.9 percent — June 27, 2025 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.9 percent on June 27, down from 3.4 percent on June 18. After recent releases from the US Census Bureau and the US Bureau of Economic …Trump Administration · New York Read Article

The Short End: US Treasury Yield Curve Flattens Since Dec 31, 2024 (Pending US Home Sales Remain Low)

The US Treasury yield curve is flattening at the short-end (2-3 years) but remains unchanged at the long end (>= 20 years). And pending US Home Sales remain low. It will take a while to recover from Biden’s horrid economic follicies.United States · United States Read Article

Keep On Printing? Home Prices Slow In April, But Still Up 2.64% YoY As Fed Continues To Print Money

The Fed continues printing money! And home prices continue to rise on year-over-year basis, but falling on a month-over-month basis. Home prices in April tumbled 0.31% MoM (-0.02% exp) – the biggest MoM drop since Dec 2022. But if we look at the national home prices via S&P Case-Shiller and YoY rather than MoM, home prices ROSE 2.64% YoY. You can see the damage to homeownership caused by Covid and The Fed. The massive expansion of M2 Money in 20…United States · United States Read Article

Covid, The Fed, Biden And The Impossibility Of Home Ownership In A Post

Fed Chair Jerome Powell’s favorite song: “No sugar tonight” for the mortgage market. The Fed provided plenty of sugar during the Covid crisis of 2020. Mortgage rates grew under Biden from under 3% to nearly 8%, helping to choke off housing demand. The good news? Median home price growth YoY has been negative since 2023 whilr average hourly earnings YoY has been positive and steady. Please Jerome, lower rates!! We are in a ring of fire with high …Jerome Powell · United States Read Article

BTC, ETH, XRP News: Bitcoin Price Slips Below $100K, Hinting Oil-Led Risk-Off on Wall Street as Iran Looks to Block The Strait of Hormuz

Coverage: 2 sources

Bitcoin fell below $100,000 on Sunday, its lowest point since May 8. XRP, ETH and SOL followed suit.Bitcoin See the Story

VA Loan Applications See Uptick as All Other Applications Decrease

Mortgage applications decreased 2.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 13, 2025. On an unadjusted basis, the index decreased 4% compared with the previous week. The refinance index decreased 2% from the previous week and was 25% higher than the same week one year ago. The refinance share of mortgage activity increased to 37.3% of tot…United States · United States See the Story

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Top confoundedinterest.net News

Trump and His ‘One Big, Beautiful Bill’ Just Put the Senate in Play for Democrats

U.S. Labor Market Surprises with 147,000 New Jobs Last Month

World’s Largest Pension Fund Loses $61_000_000_000 in Three Months Amid US Dollar Decline

Bitcoin Gets 'Bigger' The More Money Central Banks Print, Says Popular Crypto Analyst: 'It's A Beautiful Thing'

New Home Sales Plunged In May As Mortgage Rates Rose – altnews.org

US Q2 Real GDP Remains At 2.9% (So Much For The Doom Forecast Of Tariffs Crashing The US Economy)

The Short End: US Treasury Yield Curve Flattens Since Dec 31, 2024 (Pending US Home Sales Remain Low)

Keep On Printing? Home Prices Slow In April, But Still Up 2.64% YoY As Fed Continues To Print Money

Covid, The Fed, Biden And The Impossibility Of Home Ownership In A Post

BTC, ETH, XRP News: Bitcoin Price Slips Below $100K, Hinting Oil-Led Risk-Off on Wall Street as Iran Looks to Block The Strait of Hormuz

VA Loan Applications See Uptick as All Other Applications Decrease

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