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US Mortgage Rates Remain Above 7% (UP 158% Under Biden) As 10Y-2Y Treasury Curve Remains Inverted Since July 4th, 2023 (Food CPI UP 19% Under Lunchbox Joe And Gasoline UP 69% Under Green Joe)
Confounded Interest ^ | 09/11/2023 | Anthony B. Sanders

Posted on 09/11/2023 8:05:37 AM PDT by Kaiser8408a

It is a day of rememberance for the tragedy of the 9/11 terrorist attacks in New York City, while Biden embarrasses himself in Vietnam in a rambling speech which his aides cut off mid-sentence. Oh and he used his “lying dog-faced pony soldier” line again about global warning, ignoring the massive growth in coal useage in nearby China. Is this Bozo Joe?

But back in the USA (while Biden does his humiliate the US tour of Vietnam, India, etc, and ignores the tragedy of the 9/11 attacks), we see mortgage rates still up above 7% as the US Treasrury 10Y-2Y yield curve

CPI food prices are up 19% under “Lunchbox Joe” and up 69% under “Green Joe”. True, the American middle class is far worse off under Bidenomics, but it is all about marketing Bidenomics at this point.

Well, at least former NJ Governor Chris Christies (aka, Kristy Kreme) isn’t lecturing us on healthy eating and exercise.

Of course, being a true RINO (Republican in name only), he won’t follow Biden around criticising him. Just critcising Trump. He is part of the Globalist Romney RINO Party (GRR).

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: bidenomic; food; inflation; mortgage
Biden is like an evil character from "Game of Thrones."
1 posted on 09/11/2023 8:05:37 AM PDT by Kaiser8408a
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To: Kaiser8408a

bkmk


2 posted on 09/11/2023 8:07:31 AM PDT by sauropod (I will stand for truth even if I stand alone.)
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To: Kaiser8408a

In the past, most U.S. recessions have been preceded by an inverted yield curve. While an inverted yield curve doesn’t directly cause a recession, it reflects investor sentiment about the economy and the possibility of future economic troubles.


3 posted on 09/11/2023 8:13:21 AM PDT by Signalman
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To: Kaiser8408a
Biden is like an evil character from "Game of Thrones."

Biden is not evil. Evil requires sentience.

4 posted on 09/11/2023 8:13:32 AM PDT by Angelino97
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To: Kaiser8408a

Under Biden’s communism everyone will be equally poor (and under control)!


5 posted on 09/11/2023 8:31:30 AM PDT by Highest Authority (DemonRats are pure EVIL)
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