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THE WALL STREET MARKET:
Probably not, under the current existing circumstances and the fact that it has been let go the past 2 1/2 years and allowed to continue to rise. Leading economic indicators for the USA have not improved to the extent they are stable and the economy is on a continuing upturn.
Dow and other major indexes take a downturn on the unsupported efforts of the Democratic hierarchy to win a election scheduled for November 2020.
11-1-2019
Bond Yield 2.25%
Average 3 or 6 Month / Best
Risk Based Bonds have a higher yield 7.50%+
Bank Interest Rate
2.00% State Farm
1.90% Capital One
1.90% Marcus Goldman Sachs
1.90% American Express
1 Yr. CD Rate
Marcus Brie Direct Capital One
2.25% 2.25% 2.30% 500.00 $500.00 Open
Savings Rates: 2.00% Rates available
Note: Savings rates on CD have leveled. Deposits have lowered. There is a substantial penalty for early withdrawal.
e-RETV News in Brief: 11-1-2019
Research and Development
_______________________________________
FEDERAL RESERVE BOARD 11-1-2019
The FED has lowered Interest rates two times in the last month. Will it be enough after the major influences such as Home Sales and Auto Sales have been struggling since the beginning of 2019. It is even more so as of this date moving into November 2019.
RETV.News 10-22-2019
_______________________________________
EDITORIAL VIEWPOINT:
When we American's, look less than the best, it is news, not only to the Financial World but in the World. The events occurring in America held shape the World. The USA is known for a very stable government and good and fair support from its political officials.
This is because we are a Democracy.
Simply put, at a time when 100% of one or the other major Political Party goes against the elected President of the United States of America there are issues. In this case the Democrat hierarchy is promoting Socialism the forefront of with a communist influence similar to that of China.
This obfucatory (to render indistinct, dim or darken) has continued since Trump has become President. The Democrats have made their efforts to gain the Presidency instead of working with the President to make "America Great Again". Instead they have engaged in "eschew obfuscation" (means to seal the truth by confusion), ridicule.
In 2016, America was in the midst of going into a depression worse than 2009-2016 depression it had just barely survived. If this continued, which it did not because Trump was elected, America would have been or the verge or over the edge to socialism which the Democrat hierarchy appears to have wanted to happen.
Trump promotes Democracy and the economy is on the upturn under his command.
Four (4) new War conflicts were started by the previous Democratic administration (2009-2016) which increased USA Wars from 4 countries to 8 countries.
This resulted President Trump is handed a Military budget of -$600,00 Billion a year in 2016 with the forecast it will become -$750,000 Billion a year as of today, how is that his fault? The forecast was in place before he was President in office January 20, 2017.
As of today Trump has only improved on our Economy and World position. The Military debt is still increasing. The only way to slow the increase is have less war. The former Democratic administration started 4 new wars during 2009-2016.
_______________________________________
REAL ESTATE as of 11-1-2019 (most recent)
USA HOME SALES Down in 2019-2018
MEDIAN PRICE - Month to Month
Most Recent Home Sales
9-30-2019 -2.2%
8-30-2019 $278.200 +1.3%
4-30-2019 $264,800
Note* The economy was 2.5% Higher in April 2019 but -1.1% lower than 4-30-2018 the preceding year.
1-30-2019 $249,300
1/31/2018 $240,800
1/31/2017 $227,300
_______________________________________
Editor's Viewpoint: October 15, 2019
With all other major Sales figures down, such as Retail Sales are at -0.3% in September 2019.
(5 months preceding the were at +0.5% average) This is about 3.5%-4.5% less than what is needed for America.
And wages must be higher to increase purchasing power. We need our stepping stones up the latter back. The Democrats in the past administration 2009-2016 disregarded Americans need as they continued to allow more American Companies to go to China. The benefit is/was sweat shops. China is a Communist Country.
Auto/Car Sales decline is estimated -3.4% or more through December 2019. The above is compared to 2018.
Forecast: 9/15/2019 may continues or worsen through 12/31/2019 (last Quarter) possibly down to -.15% in different areas of the economy.
____________
Editorial Speculation: November 1, 2019
Prime Rate 5.0%
Federal Funds Rate Target 1.75%-2.00%
Fed Discount Rate 2.50%
Result: Down slightly or Easing at this time.
This is a plus for American's and America.
The economy is not growing as expected in 2019. Still, more than aapproximately 51% of Americans can't afford a home, or live at a poverty level. Never before 2008 has this been the case, except during the Great Depression.
Also there is no foreseeable upward push in wages or stepping stones in place, for higher income, for Americans.
Current poverty rate in America is 12.3% or 39.7 million people as of 2017. Poverty level could be as high as 13.9%. But the reality is more than 51% can not afford the average family home based on the recent median income figure of an estimated $65,000 or less, annual family household income.
When you crush the Inflation Rate to Recessionary Numbers of 1.71% this year 11/2019, (1.5% is recessionary) from the preceeding years of 2017- 2.0%, 2018 - 2.44%, now we are falling backward.
Currently Democrats in Congress are not working on the current situation mentioned above and appear not to want to work on it.
Instead they continue to run for election rather than working on improving the average Americans economic picture. Trump is trying to move forward with the USA economy but is being blocked by a " Democratic no action Congress".
Trump has indicated he felt interest rates were to high in 2018. The Fed now in 2019 about a year later, sees the USA economy in a downward spiral and is easing interest rates.
As of June 2019 household income for the average American (family) income is $64,430, estimated. Household income needs to be approximately $95,000 (husband and wife working) for a family of 2 adults and 1 or 2 children. A home is at $278,000 medium priced or about $1,150.00 per month plus taxes, insurance, automobiles at $20,000-$50,000, with payments estimated $500.00-$750.00 (moderate estimated payments monthly for 2 cars), Child Care _?_ and + necessities. Total $5,500.00+.
Therefore it is estimated that 40 million people need to step up approximately $30,000. a year, for a 4 person family to reach a level where the USA economy is supporting them again. FYI: New home would be estimated at $316,785 as of 10-22-2019.
Therefore we need 40 million jobs (12.5%) with the increased income of approximately$30,000.00+ or " $95,000" gross family income . That's $47,500 per person estimated or $4,000.00 each monthly.
We have to move the higher paying jobs back home from overseas and have more development in America.
This is what should be worked out at this time by our government, not the past 2016 election.
Note: Marxist theory:
Socialism transforms a society to Communism.
Communist believe that the government should be made up of one political party. They are then in control of the economy and people.
___
Let's look at a snapshot American 2019 income:
10.7% make under $15,000 annual,
9.6% under $24,999
8.2% under $34,999
12.3% under $49,999
16.7% under $74,999
49.1% Americans(8.3% of the 16.7%) non affordability of a home)
12.5% under $99,999
___________________
From $100,000 +
14.5% under $149,999
7.0% under $199,999
7.7% at $200,000+
___________________
Therefore economically speaking approximately
50% of Americans can not by the average home under the normal cost of goods today.
Average wages are short of a home purchase by at least $10,000. or more, a year in all reality. The shortage for a family is $30,000.
This then extends and includes Homes, Automobiles, Child Care, Food and necessities.
To own the average family home you need approximately $60,000-$65,000 income, at least, with only $533.33 of other debt.
Also the less money there is at the peoples bottom 49.1% the more there is for the top.
RETVNews.com 11-7-2019
_______________________________________
Update Pending:
Based on release of new information.
9-15-2019 Unemployment 3.8%
Semi Annual Archive from May 2018 article:
Individual Workers Averaged Income Annual
USA Median Income:
Source: US Census Bureau
2019 - $33,446 October 22,2019
2019 ( Up $1.12 per hour )
2019 ( Up $9.02 Dollars per day)
2018 - $31,364 (Up +$0.72 Cents a day)
2016 - $31,099 Trump start of term
2 Year Wage increase (2016-2019)
Up +$ 2,347.00 Annual
CPI
2018-2019 + 2.0%
2017 + 2.0%
2016 + 1.3%
Current Increase on Income (+1,576.99) 2019
Income increased over Prices
2 Year Price increase $1,035.01
( Up -$2.83 cents a day)
Shortfall on income (- $ 770.01 Annual) 2016
Prices increased more than income.
______________________________________
Just The Facts: Archive Date
FULL TIME WORK DEFINITION CHANGED
January 8, 2015
Changing the ACA's Definition of Full-Time Work. ... Employers may also opt to avoid the mandate by reducing hours and substituting part-time workers for full-time workers. However, contrary to the conventional 40 hour definition of full-time work, the law defines full-time employment as working at least 30 hours per week.Jan 8, 2015
JUST THE FACTS ~ WAGES SHOULD BE CALCULATED BASED ON A 35 HOUR WEEK RATHER THAN 40 HOURS.
_______________________________________
PART TIME WORK DEFINITION
A part-time contract is a form of employment that carries fewer hours per week than a full-time job. They work in shifts. The shifts are often rotational. Workers are considered to be part-time if they commonly work "1 hour" or fewer than 30 hours per week.
_______________________________________
Numbers in Hundred of Millions.
USA Work Force: 10-22-2019
131,226,011 - 40 Hours Full Time ^
27,093,554 - 35-(Less) Hours per week ^
158,018,550 - Total ^
$33,446.Medium Income ^
USA Work Force: 6-12-2019
130,298,463 - 40 Hours Full Time
26,583,519 - 35- (Less) Hours per week
156,976,472 - Total
$33,036 Medium Income
______
37,665,669 - People Living in Poverty
Family of 4 Income Level $25,100 or less.
35,155,118 - Living off of Food Stamps
USA Government
$533,442,959 Billion added to currency circulation 2019. M2 About 1/2 a Trillion Dollars.
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USA ECONOMIC NEWS as of Trump continues to move ahead with the issue.
April 12, 2018
REAL TIME ANALYSIS
Annual Report and Comparison
April 4, 2017
The TRUMP Trek begins to Restore America.
Obama leaves a trail of Debt for Americans.
US NATIONAL DEBT: As Of: 4-4-2018
-$21 TRILLION 115 BILLION Up from
-$19 TRILLION 963 BILLION 1/20/17
National Debt: Notes
In 2008 the National Debt as of January 9, 2008, was 9 Trillion 719 Billion. The National Debt has more than Doubled in the last nine years. -1 Trillion went to the Mortgage Crisis 2008-2009 from the G.W. Bush Administration. An additional 9 Trillion was added to the US National Debt by the Obama Administration. From 2009-2016 the National Debt more than doubled the amount that has been accruing since the 1960's
US GDP GROSS DOMESTIC
PRODUCT: Is Up +879 BILLION to
+$19 TRILLION 865 BILLION
FROM
+$18 TRILLION 986 BILLION
SHOWS SOME SIGNS OF CURRENT AND POTENTIAL GROWTH IF NOT CHOKED OFF
4/2018
US DEBT TO GDP RATIO: (-106.29) ^
Up From 4/2017 -104.49%
Worse in last 12 Months -1.88% ^
This is due to USA Debt exceeds USA Gross Domestic Product. Current Debt is increasing more than the Gross Domestic Product increase year to date.
Obama has increased the USA Dollar Supply
-963 Billion in 12/31/2016
-536 Billion 4/4/2018 Improved
427 Billion fewer dollars printed compared to 12/31/2016 IMPROVED 55%. Result a Lowered USA Debt and public tax burden to date.
Cost to each Taxpayer 12/31/2017
an additional -$2,962.00 Annual.
Down to -$1,629.00 4/4/2018 est.
With no apparent Benefit to the USA Taxpayer.
As of 4/4/2018 - - - - -
The above negative ratio indicates that the USA is spending more money than produces.
In 2018 Congress and President Trump passed 1 Trillion 300 Billion USA Budget.
This is the first realistic US Government increase since 9/11.
Budget Deficit listed below are for each year shown with a similar amount increasing annually for years not shown. Milestones.
Year Deficit Amount
2002 - -$158 Billion - G.W. Bush
2008 - -$459 Billion - G.W. Bush
2012 - -$1 Trillion 87 Billion - Obama
2016 - -$767 Billion - Obama
2017 - -$812 Billion - Obama >Trump
2018 est -$633 Billion - Trump
The increasing Debt of the war effort is approaching 1 Trillion Dollars Annually.
This amount is approximately the same amount that is being added to our National Debt annually. -$1 Trillion Dollars of Taxpayer Liability proposed for 2019.
Approximately -$1 Trillion Dollars of War Debt over the existing 1 Trillion 200 Billion 2018 Budget.
Without the expanding World War effort the USA in a very stretched sense would be within the proposed budget set for 2018.
The USA War Chest is approaching $700 Billion. This is more than 10x that of any other Country in the World.
In comparison, FDR Debt of World War II was -$21 Billion Dollars in 1942 and -$55 Billion in 1943 estimated Annual.
2016:
The Obama Administration and Congress is -$592 BILLION OVER THE 1 TRILLION 100 BILLION US 2016 BUDGET. Expressed as a percentage that is 53.81% ^ over budget. The Obama, US War chest is 548 Billion. The USA is not a healthy economy at this time.
AAmericans Living in Poverty exceed 42 Million or 12.96% 1/2017. This number has improved as of 4/2018 to just over 39 Million. 2017: Americans Living off Food Stamps is 41 Million1/2017. 4/2018: This number has improved to just under 41 Million. Both sets of numbers encompass different Americans with some duplication.
December 31, 2008, Comparison (year-end)
US NATIONAL DEBT:
-10 TRILLION 447 BILLION
US GDP GROSS DOMESTIC PRODUCT:
+13 TRILLION 976 BILLION
US DEBT TO GDP RATIO: +35.46%
The above positive GDP Ratio reflects a USA economy that has produced more than it has spent.
BOTTOM LINE: 1/31/2017
WORSE 2008 TO 12/31/2016 -41.83%
January 31, 2017 -41.15%
THE USA ECONOMY IS OVER -40.00%
WORSE AS OF JANUARY 31, 2017 THAN
IT WAS IN DECEMBER 31, 2008. Improving
This does not include random Money printing.
AVERAGE INFLATION RATE
COMPARISON
YEARS INFLATION RATE AVERAGE
2017 TO 2018 1.8% Moderate Low
2009 TO 2016 1.4% Recession
2000 TO 2008 2.9% Moderate
America as a Democracy powered by Capitalism should have a positive "Growth at a Rate." This includes Real Estate and Retail Sales as a Country.
In order to do so a 2.5% Inflation Rate is Low and a 3.5% Inflation Rate is Moderate High when compared to USA history and the current Global Economy.
See World News page grid.
_______________________________________
EXIT BENCHMARK: 3/28/2017
USA Full Time Employment Needed:
1 Million 215 Thousand Americans
To get back to 2008 Actual Unemployed Level
_______________________________________
USA Overall Debt
As of 1/10/2017: Obama EXIT BENCHMARK
As of 4/04/2018: Trump Current Performance
US Budget Deficit: -$5 Trillion 645 Billion
US Budget Deficit: -$6 Trillion 001 Billion
Social Security: -$15 Trillion 619 Billion
Social Security: -$16 Trillion 877 Billion
Medicare: -$27 Trillion 720 Billion
Medicare: -$27 Trillion 879 Billion
Total 1/10/2017: -$48 Trillion 984 Billion
Total 4/04/2018: - $50 Trillion 757 Billion
_______________________________________
USA Overall Debt Continued:
Total 1/10/2017:
Total 4/12/2018:
Unfunded Liabilities : -$55 Trillion 777 Billion
Unfunded Liabilities: -$62 Trillion 008 Billion
National Debt: -$19 Trillion 954 Billion
National Debt: -$21 Trillion 931 Billion
Federal Reserve Deficit -$3 Trillion 200 Billion
Federal Reserve Deficit -$3 Trillion 200 Billion
Liability Per USA Taxpayer
$875 Thousand 156 Dollars as of 1/10/2017
$929 Thousand 559 Dollars as of 4/12/2018
Real time analysis: 4/2018
Trump FUTURE PROJECTION: 2021
_______________________________________
Not counted above:
US Government IOU's to the American Public +2 Trillion 600 Billion + Yield for all Monies Removed from the Social Security Trust Fund completed without voter approval.
US Government War Chest: +$633 Billion
National Debt Annual Interest: +$225 Billion
USA Budget 2018 $1 Trillion 300 Billion
_______________________________________
4/4/2018
TODAY
ACTUAL
US Budget Deficit: -$6 Trillion 001 Billion
Social Security: -$16 Trillion 879 Billion
Medicare: -$27 Trillion 879 Billion
Additional Unfunded Liabilities+ National Debt -$61 Trillion 917 Billion
Liability Per USA Taxpayer
$875 Thousand 156 Dollars as of 1/10/2017
$929 Thousand 014 Dollars as of 4/04/2018
_______________________________________
Editor Noted: War Funding is approximately -$633 Billion going up to 1 Trillion annually.
In 2015 it was $736 and 2016 $767 Billion.
USA Budget 1 Trillion 300 Billion "estimated"
Defense Spending - Non defense spending
2018 - $633 Billion - $539 Billion USA
2019 - $700 Billion - $590 Billion USA
2020 - $715 Billion - $605 Billion USA
_______________________________________
Further USA Economic News may be found on the Daytona USA Financial News and Daytona USA World News pages.
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TRUMP ADMINISTRATION 2019:
Trump ignites historic economic boom 2017 after Americans has been left in poverty, an extinguished middle class and terror. After the preceding Democratic Administration is leaving America, Americans in despair, depressionary figures, and in more wars.
Is an economic boom the answer.
Yes, or Democracy all but quits to live on in America.
The Democrats self named " The Socialist Party" continue to try anything to take over again. It's about Power over the People, Taking Money from the People and adding it to the National Debt and more War.
Trumps accomplishments 1/2017-11/2019
1) Gross Domestic Product continues to increase 2.0% in 2nd Quarter 2019 and 1.9% in the last quarter July-September 2019.
2) More than 5 million Jobs created since 2017.
3) Unemployment Rate 3.7% (under 4.0% all of 2019) It has only been under 4.0%, 5 times since 1970.
4) Jobless Claims are at a 50 year low.
5) Overall Americans have more cash to spend. (Note: Income is still under what is needed for average home ownership.)
6) Largest year over year wage increase for Americans in decade.
7) African and Hispanic American have reach record low poverty rate and they continue to go down.
8) Since 2017 4.6 Million Americans are off Food Stamps.
9) Trump is bringing back American Manufacturing. (Higher paying move up jobs)
10) Small Bushiness is up. (NFIB data)
11) Tax Cuts and initiated the Job Act largest tax cut and Job Reform in American History.
12) and more..
Utility Company, Lower Rates
Career Training for the Worker
SBA Capital 500 Million+, Women Owned Businesses 2017.
Women Entrepreneurs Financial Initiative, 1 Billion.
to name a few.
Trump continues with Democracy and the American way.
_____________________________________
Trump Speculation per Thousand Dollars:
Trumps Initial Personal Income Plan Per from 1/20/2017:
$1000.00 Earnings
+280.00. Inflation at 3.5% over 8 years
$1280.00 Earnings in 8 year
________
11/1/2019
$1172.41 Earnings increase since 2016-2019
______________________________________
$500.00 Expenses for the $1000. Earnings
+140.00 Inflation at 3.5% over 8 years
$640.00 Expenses in 8 years
______________________________________
+$13,440. End Game per $1000.00 of Income
______________________________________
Benchmark for
Real Estate Appreciation 7.5% Annual
Improved 2016-2019
______________________________________
1/2016 - 11/2019
15% Gain from 12/2016-11/2019
Appreciation is at 5% Per Year Average
Higher gains depending on the area nationwide.
______________________________________
$278,000 Home Value 11/1/2019
$234,400 Estimated Value 12/31/2016
+$43,600 Increase in Value 11/1/2019
Real Estate Invested
______________________________________
$100,000 Stock Market Investment
$152,308 Yield Estimated at 5.4% Annual
+$52,308 Per $100,000 Invested in the market.
or
+ $5,230 Per $10,000 Invested in the market.
11/1/2019
Mutual Funds
+ 6.92% Actual Average over the last 5 years.
Stock Market
+10.00% Average Return less 2%-3% Annual Inflation + any Taxable amount.
Roughly 5%-6% net.
______________________________________
USA Economic Advancement Up in 2019
3rd Straight Year ^
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USA PRODUCTIVITY
Projection
2nd Quarter 2019 GDP Growth was 2.0%. It was lower than the 1st Quarter of 3.1.
Gross Domestic Product
GDP growth for
2019 1.71%
2018 2.90%
2017 2.40%
2016 1.60%
Steady Increase Since 2017
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JOB GROWTH
FED indicates Unemployment Benefit Rate up from 3.8% in May to 4.0 %in June 2018 to 3.7% in Sept. Most jobs to existing employed under 40 hours.
Current rate of Unemployment
September 2019 is: 3.5%.
Lowest in 50 years Payrolls up 135,000.
Hourly Compensation up 2.7%.
Salary Up 2.7%
Benefits Up 2.3
___
Unemployment in August 2019 is 3.7%.
Down from 4.0% in January 2019.
___
Actual Unemployment 7.7%
September 2019
Looking and not Looking for work over 4 weeks.
7.1 Million Jobs available as of 9/2019
|
U.S. Department of Labor
Above Averages Courtesy of RETV.News
_______________________________________________
Note: Preceding Democrat Administration 2008-2016
1.9375% GDP
Only 2011-12 Election year increase.
Otherwise 7 years at the recession level.
Archive / History
______________________________________
USA ANNUAL INFLATION RATE
Trump Target 2.5% - 3.5%
____
Economic Inflation Range Benchmarks
+1.5% Recession
+2.0% Low to Moderate
+2.5% Moderate Low
+3.0% Moderate
+3.5% Moderate High
____
A Moderate level is necessary to
"Make America Great Again".
Inflation is needed for growth.
____
1.5% is a Top 10 Country Recession Level
2.5% is a Top 10 Country Moderate Level
____
INFLATION RATE
2019 Quarterly Averages
Trump Administration
As of December 31, 2018
+2.44%
Down from 1 st Quarter
January - March 3.1%
10-31-2019 Current 1.7%
| 2018 |
+2.9%* |
Moderate (Trump) |
| 2017 |
+2.4%* |
Low to Moderate (Trump) |
| 2016 |
+1.6%* |
Recession (Obama) |
| 2015 |
+0.1%* |
Recession (Obama) |
2.5% Average for 2019
*COURTESY OF THE BUREAU OF LABOR STATISTICS
_________________________________
RETV News Alert ~ USA First 6 Months 2019
Fluctuating Inflation Rates as shown indicate economic instability.
Upward Inflation Rates show stable growth.
A 3.5%+ Inflation Rate is the rate or value of a economy that is beginning to overheat, less than 2.5 Recessionary.
_________________________________
Bureau of Labor Statistics
USA Inflation Rate 2019 by the Month
Inflation Rate is 1.7% 1-2019 thru 9-30-2019
| January 2019 |
1.6% |
Feb. 2019 |
1.5% |
| March 19 |
1.9% |
April 19 |
2.0% |
| May 19 |
1.8% |
June 19 |
1.6% |
| July 19 |
1.8% |
Aug. 19 |
1.7% |
| Sept. 19 |
1.7% |
Oct. 2019 |
|
| Nov. 2018 |
2.2% |
Dec. 2018 |
1.9% |
USA Inflation Rate
Down Estimated -1.0% 1/2019 thru 9/19
Probability
Down, to Democratic Opposition 2019
to a above -0- USA Economy
All items less food and energy in U.S. city average, all urban consumers, not seasonally adjusted.
___________________________________
Noted:
Moderate Inflation Rate is 3.0
Recessionary 1.5%
RETVNews |
Revisions Courtesy of:
US Bureau Of Labor Statistics
Niovember 1, 2019
Inflation Rates adjusted as Reported by
US Bureau of Labor Statistics
all items less food and energy
____________________________________
2021
TRUMP ADMINISTRATION GOALS
OFFICIAL PROJECTIONS
US Budget Deficit: -$4 Trillion 984 Billion
Social Security: -$22 Trillion 765 Billion
Medicare: -$28 Trillion 311 Billion
Total 7/8/2021: -$56 Trillion 060 Billion
Unfunded Liabilities: -$49 Trillion 416 Billion
National Debt 2021: -$22 Trillion 734 Billion
~~2021 estimates are Subject to Revision~~
National Debt: 4/2028:-$21 Trillion 119 Billion
Actual National Debt as of : 1/2017:
-$19 Trillion 540 Billion
Actual National Debt as of 6/12/2019:
-$22 Trillion 370 Billion, 594 Million, 800
______________________________________
Editorial: 11-1-2019
Democrats in their last rein 2008- 2016 raised the national debt and additional amount of $6 Trillion divided by the appropriate amount for each year(s) cumulative, over budget.
In addition the Democratic hierarchy increased the Federal Reserve Debt approximately from 800 Billion 2010 to $3.2 Trillion ($2,380 Trillion actually) by the end of 2016. This debt is not being repaid, it is being (now) a "write off", from the preceding Obama Democratic Administration, more or less.
1/2017 - 11/2019 Federal Reserve Debt
Change in Administrations
492 Billion- as of January 2009
2 Trillion 859 Billion - as of January 2017
2 Trillion 452 Billion- as of June 2019
Down -407 Billion - as of June 2019
Noted: Therefore some body(s) between 2009-2016 has received $2.5+ Trillion Dollars at no cost non repayment during 2010 to 2016. This is in addition to the $6+ Trillion added to the National debt.
The difference being (National Debt should be -$16 Trillion not -$22 Trillion (6 Trillion) on the National Debt during 2010- 2016.
The Mortgage Crisis from 2008 was cured by September 2009 according to the Federal Reserve Chairman.
Federal Reserve Debt -$2,380 Trillion which is (Total Federal Reserve Debt of $4.5 Trillion
- $2.380 Trillion leaving -$2,120 Trillion estimated. For What?
Well $298 Billion was the increased Military budget annual, at a average for the period 2010-2016..
The Mortgage Crisis was paid in full through the USA debt as noted by the Federal Reserve Bank in September 2009 . So that is not a concern for the aforementioned calculation.
What was done by the preceding administration 2008-2016 was an expansion of the war. About 4 Countries to 8 Countries. None of which we can win in all probability. Plus we have the initial 4 countries that resulted in a increase budget for protection of that country, to our War budget. This is closing in on about 1 Trillion dollars a Year as of 2020. Currently $940.0 Billion, up from $859.6 Billion in 2018 and going to be 1 Trillion by 2020.
That is why the National Debt has exceeded the USA Debt Implosion level now in 2019 instead of 2021-2023 as originally estimated bu USA government offices. That is why the Federal Reserve Bank (acting as bankrupt on the -$2.5 Trillion debt), (being ignored) is in a write off the debt mode. This, almost all increased during the Democratic Obama Administration.
Plus another $6 Trillion Dollars add to your National Debt over and above the USA Budget.
The Federal Reserve should only have a negative balance at the end of each year for the balance of the spending debt allowed for the following year. We are looking at a $4.76 Trillion Dollar annual budget for 2020, up from the 2010 Budget of $1.171 Trillion Dollars that led to the 2016 Budget of $3.525 Trillion Dollars?
Due to this spending we reached the implosion level early. Trump is just the beneficiary.
RETV News
11-1-2019
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REAL ESTATE
USA AVERAGE HOME
INCOME QUALIFIER INFO
11-1-2019
most recent releases
___
Median Individual's Income
November 1, 2019
33,464. 00^
___
Estimated Average Family Income
$63,179 ^ Up as of November 1, 2019
"Estimated"
Census Bureau or +0.9% (nine tenths)
Forcasted
May increase to $60,000 this year
Census Bureau most Recent Release
___
PURCHASE PRICE SAY $288,000
Split between Census Bureau and National Association Realtors estimates
(up about $40,000 in last 11 months)
Loan Amount $230,400
Qualify with 20% Down $57,600.
Qualify with $61,589. Annual $5132.45. Mo
___
Loan Rate 4.00% 30 due in 30 Yrs.
Payment $1100.00 a Month
Taxes and Insurance $249.00
Other Debt $533.33
$1882.33 PITI and Debt per Month
Ratios
26.28 / 30.31
___
Ratios
33.00 / 38.00
A Cash Down Payment of 20% is
estimated at $57,600. Plus closing cost and cash reserves of approximately $12,000.00. Total cash required $69,600. -+ to close escrow.
Average USA Family has 49.1%+ is exited to the home ownership market based on closing cost, down payment or ratios.
|
| Home Loan |
Point Cost Est |
Retail Rate |
| 30/30 - 417K |
0% |
3.97% v |
| 5/25 - 417K |
0% |
3.43% v |
| 15/15 - 417K |
0% |
3.38% v |
| 30/30 + 418K |
0% |
3.97% v
|
| Point Cost Lowers Rate |
FNMA FHLMC |
Retail
Averaged Rate |
| Commercial 7 Yr. Fixed Due in 20 $6,000,000. |
0% |
6.875% v
|
| Prime Rate |
4.75% v
5.00% v
5.50% ^
5.25%
5.00%
4.75%
4.50%
4.25%
3.50%
3.25%
-------------------
|
10-31-2019
9-19-2019
9-26-2018
6-12-2018
3/22/2018
12/14/2017
9/30/2017
10/1/2016
10/1/2015
------------------
|
Fannie Mae
60 Day Rate Delivery 30/30 YR. |
3.35 %
3.34% v
4.54%
4.16%
4.25%
4.28%
4.05%
4.00%
3.58%
|
10-30-2019
6-12-2019
10-11-2018
7-13-2018
6-14-2018
5/15/2018
4/04/2018
2/13/2018
12/27/2017
|
|
Foreclosures
USA HOME FORECLOSURES REPORTED
Foreclosure Filings 2019 - Unknown
Foreclosure Filings in 2018 -602,827 10/12/2018
Foreclosure Filings in 2017 -676,535 12/31/2017
Foreclosure Filings in 2016 -933,045 12/31/2016
RETV.News Research and Development
CURRENT HISTORY 2019 - Down
Foreclosures Filings~ Oct 2019 404,345 V
Foreclosure Filings ~ June 2019 413,866 V
Foreclosure Filings ~Sept. 2018 602,827 v
Foreclosure Filings ~ Aug. 2018 617,547 v
Foreclosure Filings ~ July 2018 625,439 v
Foreclosure Filings ~ June 2018 633,332 v
Foreclosure Filings ~ May 2018 640,952 v
Foreclosure Filings ~ April. 2018 651,979 v
Note: The above figure does not include defaults, auctions and repositions as shown in the annual figures below. These numbers are the best representation of the activity on the banking market
________
Courtesy of RETV.News 11/1/2019 Update
|
