Is a downturn looming?

This chart shows the 10-year Treasury constant maturity rate from August 1, 2022 to April 3, 2023. The data points are plotted on a monthly basis. UPDATE: so the chart has been updated and now it’s even lower (-1.53) today. …

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Housing Price Downturns Result in Recessions 100% of the time. Except this downturn cannot be compared to any recession in the past 40 years

by BoatSurfer600 “US Housing Market Posts $2.3 Trillion Drop, Biggest Since 2008” (BLOOMBERG) US HOUSING MARKET POSTS $2.3 TRILLION DROP, BIGGEST SINCE 2008 — FXHedge (@Fxhedgers) February 23, 2023 The US housing market has dramatically slowed down with higher rates. …

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Australia’s Property values record fastest rate of Downturn in History

https://www.9news.com.au/national/home-value-record-decline-australia-corelogic-finds/0c3e7586-f310-411b-ab19-d38068078794 According to the CoreLogic Daily Home Value Index, this is the deepest peak-to-trough decline, surpassing the previous record-breaking fall between 2017 and 2019. The current record slump has been triggered by the RBA’s aggressive interest rate hikes – the …

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The housing downturn’s impact on the broader economy is just getting started. Because the system is far too leveraged, any policy mistake could trigger a domino effect in which one sector after another fails.

This is one reason why we expect Global EPS growth to come under real pressure in the coming year pic.twitter.com/ngGq7AYbpk — Ian Harnett (@IanRHarnett) September 11, 2022 Housing has taken it on the chin as the Fed hits the brakes …

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Latest Jan data highlights cyclical downturn across the board including liquidity; Markets should really worry if Bostik’s $100b monthly QT figure is real.

Latest Jan data highlights cyclical downturn across the board including #liquidity pic.twitter.com/UCc6T7fctZ — CrossBorder Capital/ GLIndexes (@crossbordercap) January 19, 2022 On target piece by ⁦@FedGuy12⁩. Markets should really worry if Bostik’s $100b monthly QT figure is real. Flattening YC is …

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This downturn will have no mercy…

https://twitter.com/RetirementRight/status/1375112792978583553 dxy getting legs pic.twitter.com/IAaCsbcat6 — Alastair (@StockBoardAsset) March 25, 2021 https://twitter.com/NorthmanTrader/status/1375104511291879430 https://twitter.com/farrisbaba/status/1375102619090354181 Yeah, it's real bad out there. Read my tweets from last night.. Depression stage.. The stages of grief are playing out — Jim Cramer (@jimcramer) March 25, …

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JOHN MAULDIN: “Postponing the inevitable downturn with artificially low rates will come at a cost. The cost is a massive credit bubble that is already of biblical proportions.”

via marketwatch: The European Central Bank this month said it would keep record-low interest rates for longer. The news comes shortly after the U.S. Federal Reserve gave in to the stock market and held off on further interest-rate increases. While investors …

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Is this the Beginning of a Globalized Housing Downturn?

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Housing has became a global financialized asset class. The possibilities seemed unlimited. And this flow of money, along with local factors, has created enormous distortions in some markets. But the priciest markets are now starting to experience price …

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Is This Downturn A Repeat of 2008?

by Charles Hugh Smith Crashes differ, so be cautious about your assumptions Even people who don’t follow the stock market closely are aware that the global economy is weakening and appears to be heading into recession. For those who track …

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American economic downturn starter kit

via lifehacker: If you’re like many Americans, the recent swings of the stock marketaren’t necessarily keeping you up at night—only around half of us are invested in the stock market at all, and of that, “the top 10 percent of wealth holders in the …

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Downturn in Local Housing Markets Hit National Averages

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West. Sales of existing homes — including single-family houses, townhouses, condos, and co-ops — in November, dropped 7.0% from November …

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