Bret Jensen
Bret Jensen is an experienced financial writer who focuses on economic trends and their impact on individual investors. He covers topics such as inflation, consumer spending, and mortgage rates to help readers navigate the complex world of finance.
Biography:
https://seekingalpha.com/author/bret-jensen
74%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
75%
Examples:
- Consumer delinquency rates are rising
- Consumers have been turning to credit cards often to make ends meet
- Consumer spending only rose 1.5% in the first quarter.
- The average American household has lost buying power to inflation since the start of 2021
Conflicts of Interest
95%
Examples:
No current examples available.
Contradictions
90%
Examples:
No current examples available.
Deceptions
45%
Examples:
- Given tens of millions of homeowners have ‘golden handcuffs’ from their existing low mortgage rates, it is doubtful mortgage activity picks up in the coming quarters.
- It is difficult to be optimistic about the overall economy given the increasingly challenged state of most American households.
- The huge rally off the lows of the last market swoon that ended late in October has also occurred against the backdrop of a clearly slowing economy.
Recent Articles
Economic Cracks: Growth Slows Down, Stock Market Woes, and the Debate over Electric Vehicles
Broke On: Friday, 28 June 2024Economic growth is slowing down, leading some investors to question their convictions and raising concerns about a potential stock market crash. JPMorgan Private Bank's mid-year outlook reveals issues with battery electric vehicles, while economic indicators such as the U.S. M2 money supply decline and Treasury yield curve inversion suggest a possible recession. However, it's important for investors to remain informed and skeptical of media sources.