US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000

'I Have To Sit With That': Gayle King's Brain Divides By Zero After Holdout Clancy Juror Revealed As Black Man After the media spent the last two weeks casting pent up handmaiden feminist energy at the 'male holdout' juror who caused a mistrial in the Lindsay Clancy case, "CBS Mornings" anchor Gayle King had a visible record scratch after one of the karen jurors revealed that the holdout was a black man that the white ladies virtually lynched in the town square of national dialogue for not letting Clancy off the hook for murdering...

US Manufacturing Hits 49-Month High As 'Input Costs Show Signs Of Cooling' This morning we found out that Euro-area business activity shrank less than anticipated in June (Services up/beat, Manufacturing down/miss). S&P Global’s Composite PMI rose to 49.5 from 48.5, topping estimates but remaining below the 50 mark that indicates growth. "The eurozone economy is showing enough resilience to just about stay out of recession. " However, the UK’s economy contracted for a second consecutive month (both Services and Manufacturing lower), with its PMI slipping to a 14-month low. "A disappointing June ‘flash’ PMI...

JPMorgan Backs US Crypto Bill, But Puts Warning Label Front & Center As Senate Eyes August Deadline Authored by Micah Zimmerman via BitcoinMagazine.com, JPMorgan threw its support behind federal digital asset legislation Monday, but the bank’s message to Congress was as much a caution as an endorsement: get the framework right, or risk recreating the financial vulnerabilities regulation was designed to prevent. In a joint op-ed, Umar Farooq, global co-head of JPMorgan Payments, and Peter Muriungi, CEO of Digital Assets and Blockchain Solutions, argued that the United States has a genuine opportunity to lead...