Yet I had to go to the dealer to set my 2019 Subuaru clock ahead an hour . . . . . .
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Interesting! I go to the local Dollar Tree frequently and it’s not uncommon to see people getting $100+ worth of groceries and other household items.
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Not me, I meant this statement to apply to all cars in the Subaru umbrella:
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Yeah this is a big blow, especially to lower income consumers in Rural environments. This loss of competition is not good for the consumer.
I think a bigger fish is gobbling up market share, WMT teamed up with Google a few years ago, nice to have a Monopoly handling all your data and logistics:
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" Thursday’s retreat came after February’s producer price index, a gauge of wholesaler inflation, advanced more than economists anticipated. Bond yields climbed in the session — with the benchmark 10-year Treasury reaching 4.29% — as investors wondered if the recent economic data was too strong for the Federal Reserve to loosen monetary policy.
To be sure, Fed funds futures are pricing in a 99% likelihood of the central bank keeping interest rates unchanged at its policy meeting next week, according to the CME FedWatch Tool. But recent economic releases could throw into question whether the Fed feels inflation has cooled enough to begin lowering levels later this year, said Mark Luschini, chief investment strategist at Janney Montgomery Scott."
Wholesale inflation rose 0.6% in February, much more than expected
" * The producer price index, which measures pipeline costs for raw, intermediate and finished goods, jumped 0.6% on the month, double the Dow Jones estimate.
- On a year-over-year basis, the headline index increased 1.6%, the biggest move since September 2023.
- Two-thirds of the rise in headline PPI came from a 1.2% surge in goods prices, the biggest increase since August 2023, thanks to a 4.4% jump in energy.
- Retail sales increased 0.6%, less than expected, while weekly jobless claim filings nudged lower to 209,000."
Had a 1986 Subaru GL 10? in Alaska, the Forester’s great, great, great grandaddy.
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Great synchronicity. Before you posted this, I was looking for my favorite video the other day, (and ended up finding the other cool Subaru commercials). Finally found it, and turns out it was a ‘Forester’ commercial:
Subaru Forester Wilderness: Well Adventured
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Home foreclosures are soaring nationwide – and rising fastest in these 5 states
"That is according to a new report published by real estate data provider ATTOM, which found that there were 32,938 properties in February with foreclosure filings, which includes default notices, scheduled auctions and bank repossessions. That marks an 8% increase from the prior year, although it is down 1% from the previous month.
“The annual uptick in U.S. foreclosure activity hints at shifting dynamics within the housing market,” said ATTOM CEO Rob Barber. “These trends could signify evolving financial landscapes for homeowners, prompting adjustments in market strategies and lending practices.”
However, the number of foreclosure completions fell in 28 states in February. Lenders repossessed 3,397 properties in February, down 14% from the previous month and 11% from the prior year. The biggest declines took place in Georgia, where completed foreclosures fell 52%, and in New York, with a decline of 41%. "
&
" Still, foreclosures surged in other states. In South Carolina, foreclosures surged 51%, while Missouri saw a 50% jump and Pennsylvania a 46% increase. Foreclosures in Texas rose 7%, and in Indiana they climbed 0.8%.
Although foreclosures are rising, they remain well below the levels recorded during the 2008 financial crisis.
But the problem could soon get worse as high home prices, mortgage rates and property taxes bite Americans."
Not a cause for panic, but something to pay attention to over the next few seasons.
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Rising interest rates make it hard to refinance . . . . . (not that I have to at 2.62%)
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Great point, plus the low supply on the market.
Smart man
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FRI, MAR 15 20244:27 PM EDT
S&P 500 closes lower on inflation worries, notches second straight weekly loss: Live updates
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Title is misleading, but she shares some nice gems, especially about choosing your mountain wisely:
The Money Expert: From $0 to Millions In 2 Years Without Any Hard Work!: Codie Sanchez
“…AMEN, AMEN”
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The Supreme Court is expected to rule in the case Murthy v. Biden early this summer
Lawsuit of the century.
Remember you could go to strip clubs and casinos, but you could not go to church or temple to pray.
Horrific that companies and government had no problem gutting the first Amendment.
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Not good for the consumer:
Oil Rises on Russian Refinery Outages, Iraq Export Reduction
https://www.bloomberg.com/news/articles/2024-03-18/latest-oil-market-news-and-analysis-for-may-19
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Ad campaign uses humor to urge Americans to ditch natural gas
" The Gas Leaks Project, a group formed by climate advocacy veterans, launched a $1 million campaign this week that uses humor to push back against oil and gas industry messaging that natural gas, which is lower emitting than coal, is a critical “bridge fuel” in the transition to renewable energy."