Investors pull back: All-cash sales – often investors and second home buyers – plunged by 22% year-over-year to 94,000 homes in April, from 120,000 homes in April 2022… Home sales plunge, supply rises, prices drop

by BoatSurfer600 Source: Wolf Street Home Sales Plunge, Supply Rises, Prices Drop Year-over-Year Most since 2012. It’s getting crazy out here   With the economy on life support and banks collapsing … I’d say Gold is a safe bet Americans …

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The purchasing power of the dollar continues to VANISH! In April, the purchasing power of $100 in January 2000 is $55.70 (down $.20 from March).

by Dismal-Jellyfish Remember, CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor. Source: https://fred.stlouisfed.org/series/CUUR0000SA0R Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing …

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-$71.8996 billion withdrawn from commercial banks in the last week (April 5th-April 12th). Since 2/22/2023, $511.37 billion in deposits have been pulled. $978.7387 billion in deposits has been pulled in the last year. It looks like the Bank run is picking back up?

by BoatSurfer600 As Commercial Real Estate Market Struggles, Blackstone Falls Victim to Meltdown | 36% drop in first-quarter distributable earnings compared The commercial real estate (CRE) industry, valued at $20 trillion, has been facing a significant decline after decades of …

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No, Inflation Did Not Ease in April and I Have the Receipts (the official lies and distortions just keep coming)

by Boo_Randy https://pjmedia.com/vodkapundit/2022/05/27/no-inflation-did-not-ease-in-april-and-i-have-the-receipts-n1601423 Good news, comrades! Your inflation ration for April decreased for the first time in a year — but only if you compare it to last April’s “unexpectedly” high inflation rate. The Wall Street Journal, where people used to …

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Still Hot, Hot, Hot! US Existing Home Sales Fall -2.4% MoM In April, But Median Price Is 14.85% YoY And Inventory For Sale Remains MIA (Fed Stimulypto Still Helping Housing Bubble)

by confoundedinterest17 US Existing Home Sales were 5.61M SAAR in April, down -2.4% from March’s -3.0% MoM reading. But median prices YoY for existing home sales printed at 14.85%, still hot, hot, hot. With 3 consecutive declines in MoM existing home sales, …

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Asking rents reach record high in April, some areas see 30% surge in prices… The cost of groceries keep going higher…

by Boo_Randy Heckova job, “Zimbabwe Ben” Bernanke, Yellen the Felon, and Jerome Powell. Your ultra-easy monetary policies have turned shelter, a basic human need, into a speculative asset class & priced millions of lower-income people out of decent housing. https://www.foxbusiness.com/lifestyle/asking-rents-april-2022-austin-portland-south-florida …

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April 1 Ukraine Update. Azov tries to evacuate high level people from Mariupol by helicopter. They (2 choppers)) get shot down.

Speculation as to who the high level people were. Also Latvia has outlawed the Letter “V” now in addition to “Z”. (Starting to sound like a bad Sesame Street episode). https://tass.com/defense/1430215?utm_source=google.com&utm_medium=organic&utm_campaign=google.com&utm_referrer=google.com h/t JustmeTX