TOPICS AND TIMESTAMPS:
Big Developments 0:00
LOSING IT ALL 0:30sda
THE SECRET 8:25
INFLATION SITUATION 10:59
$GPS INSIGHTS
#1 DEBT IS SKYROCKETING, STIMULUS FADED. BAD COMBO
#2 HIGHER INFLATION NEEDS HIGHER INTEREST RATES
#3 PEOPLE MUST TAKE STEPS TO REDUCE BAD DEBT
Ford Removes Minimum Credit Score For 84-Month Loans - CarsDirect
https://www.carsdirect.com/deals-articles/ford-removes-minimum-credit-score-for-84-month-loans
Almost 20% of U.S. Households Lost Entire Savings During Covid - Bloomberg
https://www.bloomberg.com/news/articles/2021-10-13/almost-20-of-u-s-households-lost-entire-savings-during-covid?sref=6uww027M
Short-Term Energy Outlook
https://www.eia.gov/outlooks/steo/special/winter/2021_Winter_Fuels.pdf
Foreclosures surge 67% as Covid mortgage bailouts expire
https://www.cnbc.com/2021/10/14/foreclosures-surge-67percent-as-covid-mortgage-bailouts-expire.html
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https://cms.zerohedge.com/s3/files/inline-images/bfm32FD.jpg?itok=jjXFrkfY
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https://cms.zerohedge.com/s3/files/inline-images/bfm60C9.jpg?itok=unT8kH4Q
Fed should pursue faster taper, inflation levels "concerning" -Bullard | Reuters
https://www.reuters.com/article/usa-fed-bullard-idUKKBN2H41MP
Fed’s Embarrassing Ethics Scandal Spurs Calls for More Oversight - Bloomberg
https://www.bloomberg.com/news/articles/2021-10-14/fed-s-embarrassing-ethics-scandal-spurs-calls-for-more-oversight
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https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iK8MN4t6OYZo/v0/1200x-1.png
Price pinch: global economy caught in perfect storm | Reuters
https://www.reuters.com/business/price-pinch-global-economy-caught-perfect-storm-2021-10-14/
Britain's chicken king says the 20-year binge on cheap food is over | Reuters
https://www.reuters.com/world/uk/britains-binge-cheap-food-is-over-biggest-chicken-producer-says-2021-10-14/
‘Everything Has Gone Sky High’: From Groceries To Gas, Prices Skyrocketing And Could Get Worse – CBS Boston
https://boston.cbslocal.com/2021/10/14/consumer-prices-rising-covid-pandemic/
US wholesale prices rose record 8.6% over 12 months
https://apnews.com/article/business-producer-prices-prices-inflation-728488dd62aec4d09527c7ba9779944f
10,000 John Deere workers on strike after rejecting contract - The Washington Post
https://www.washingtonpost.com/business/2021/10/14/john-deere-workers-strike/
CRB-BLS Commodity Index
https://www.mrci.com/client/crbbls.php
cmdty_BLS_Commodity_Price_Index_Methodology.pdf
https://www.barchart.com/cmdty/media/pdfs/cmdty_BLS_Commodity_Price_Index_Methodology.pdf
Average New Car Sells for Over $45,000 in September | Kelley Blue Book
https://www.kbb.com/car-news/average-new-car-sells-for-over-45000-in-september/