by confoundedinterest17 Biden has a line on you! And it isn’t good. More like we are fish being caught and eaten by Washington DC bureaucrats. Another example of Biden’s dismal economy. US pending home sales plunged -22.6% YoY in April. Even …
2/9… home, things aren't looking so rosey. That is, the median price for all types of previously owned homes, co-ops, and condos in April saw their values fall -1.7% YoY to $388.8K, or the third month in a row of …
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 …
Investor sentiment is so bearish that it’s pointing to a potentially huge rally in the stock market as inflation keeps falling – Fundstrat Investors are so bearish on stocks that it could signal big gains ahead, Fundstrat’s Tom Lee said. …
Sean Hannity's Ratings Plunge After Tucker Carlson’s Fox News Exit https://t.co/RjZqWHS6BD — zerohedge (@zerohedge) April 30, 2023 “Carlson’s finale a week ago drew 2.65 million viewers, according to Nielsen. The data shows that Brian Kilmeade’s substitute hosting gig for “Fox …
The trend is clear: the US economy is rapidly slowing down, in large part due to the “depressurization event” among small and medium regional banks, that has seen loan issuance grind to a halt. There was an almost palpable gasp …
Jeremy Grantham expects stocks to tank, a recession to bite, and more financial disasters to occur. The S&P 500 will plunge by at least 27%, and could plummet by more than 50%, the GMO cofounder says. Grantham predicts stress on …
by confoundedinterest17 US Treasury Secretary Janet Yellen is the God of Hellfire! Thanks to Yellen’s catestrophic Too-Low-For-Too-Long (TLFTL) and insane Federal spending, we are seeing the aftermath of The Fed trying to fight inflation. A fire sale of failed bank assets!! …
by confoundedinterest17 I have good news bad news for you. The good news? US existing home sales SOARED in February. Up 14.5% MoM in February to 4.58 million units SAAR sold. The bad news? On a year-over-year basis, existing home …
via MSN: Bank stocks plunged on Thursday as investors assessed the potential fallout from the implosions of Silicon Valley Bank and Silvergate Capital. SVB Financial surprised investors with lowered guidance, a $2.3 billion capital raise, and a massive $1.8 billion …
via Fox Business U.S. home prices could tumble as much as 20% as the highest mortgage rates in two decades threaten to trigger a “deep global housing slide,” according to research from the Federal Reserve Bank of Dallas. The global housing market has become increasingly …
Elon Musk has blamed the massive drop in Tesla stock this year on the Federal Reserve, arguing the US central bank’s interest-rate hikes have made the stock market less appealing to investors. “Tesla is executing better than ever!” Musk tweeted …
Being a first-time homebuyer can be difficult. There are many things to consider, including your budget, preferred mortgage company, and ideal neighborhood. When you’re embarking on this unfamiliar journey for the first time, it can be reassuring to know what …
📍 Gujarat, Hindistan Olayda 40 kişi öldü, 100'den fazla kayıp var#Machchhu #india #Indian #bridge #haber #haberler #news #breakingnews #sondakika #pazar #sunday #morbi pic.twitter.com/yEeal1mXuY — Carpin Floyd (@floydcarpin) October 30, 2022 A suspension bridge in India carrying hundreds of people has …
Despite gas prices rising over the past weeks, retail gas stations are seeing their margins decrease, putting a strain on such businesses. The national average price of regular gas, as of Oct. 5, was $3.831 per gallon, up $0.26 from …
But the market is due for a bounce, according to the WOLF STREET dictum that “Nothing Goes to Heck in a Straight Line.” By Wolf Richter for WOLF STREET. Monday would be a good start for a bounce. It could also start on …
by confoundedinterest17 Wipe Out 2! In addition to global equities taking a massive hit, cryptocurrencies Bitcoin and Ethereum have fallen -72% since November 2021 as The Fed (aka, The Sugar Shack) tightens interest rates. Torquay!
by confoundedinterest17 Under President Biden, inflation has soared and The Federal Reserve claims that they want to extinguish the inflation fire by tightening monetary policy … resulting in rising mortgage rates. Under Biden, mortgage purchase applications are DOWN -41.5% while …
by Michael How would you feel if your power bill went up by 50 percent this winter? How about 100 percent? Unfortunately, these kinds of price increases are already being announced. The world was heading into a major energy crisis …
by Boo_Randy Anyone stupid enough to have bought into the Fed’s insane Housing Bubble 2.0 over the past two years is going to get their head handed to them when it all comes crashing down. Got popcorn? https://wolfstreet.com/2022/07/01/housing-bubble-getting-ready-to-pop-pending-sales-plunge-in-june-homes-listed-for-sale-jump-price-reductions-spike-amid-holy-moly-mortgage-rates/ Pent-up supply …
by confoundedinterest17 How blue can you get? US pending home sales declined -12% YoY in May as The Fed cranked up mortgage rates. That was 11 out of the last 12 months had declining pending home sales. How about something …
by Boo_Randy Get ready for a “Summer of Discontent” as workers who have seen their purchasing power and standard of living fail to keep up with inflation go on strike for higher wages. Such strikes do nothing but cause pointless …
by Michael I can’t believe that they actually did it. Even though it is painfully obvious that the U.S. economy is slowing down dramatically and that we are heading into an excruciating repeat of the housing crash of 2008, the Federal Reserve decided to …
by EuphoricTrilby SB1390 seems to be the most concerning out of all these. I’m not sure if it only pertains to medical information or all information on anything, but that is incredibly authoritarian. h/t EuphoricTrilby
*Note that over the coming year ~ global markets are going to witness a plunge in liquidity/support from both US fiscal + Fed tightening👇🏻 W/ the G4 also tightening, there’s an expected $5-7T in global liquidity/support being drained w/i a …
