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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We’ve had recessions before, but never have we witnessed such a breakdown in personal morality. This does not bode well for our future as a nation, especially as all of our institutions of governance have become corrupt and subverted.

by Boo_Randy This week, Walmart said that theft has gotten so bad they may need to shut some stores. It is estimated that theft from Walmart exceeds $3 billion annually. Just 3 weeks ago, Target said they lost a shocking …

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Almost like every recessions just makes the yields more and more volatile

by  laflammaster If you take a closer look, recession happens when the yield rates converge. By historical metrics, recessions should have started mid-late 2019 (which it kind of did). Sauce: https://www.federalreserve.gov/datadownload/Chart.aspx?rel=H15&series=bf17364827e38702b42a58cf8eaa3f78&lastobs=&from=&to=&filetype=csv&label=include&layout=seriescolumn&type=package&pp=Format  

CPI above 5 for 4 months in a row. The last 2 times CPI was this persistently high was in the middle of the 1990 and 2008 recessions.

https://twitter.com/NorthmanTrader/status/1448268386006441987 Deutsche Bank’s Sewing Says Higher Inflation Likely Persistent — zerohedge (@zerohedge) October 13, 2021 Big 3 letter unaccountable bureaucratic organization warns 😳🤣NOW ✅ pic.twitter.com/92dx8J1XA6 — bob gonzales (@BobgonzaleBob) October 13, 2021 ⚫⚫ COAL ⚫⚫ pic.twitter.com/mGB3jT34An — Win Smart, CFA …

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“What we know is that the yield curve inversion preceded each of the last 11 recessions, and that alone is strong evidence of correlation.” The U.S. yield curve inverted in December. There’s a recession or worse on the horizon.

via forbes: There’s a lot of chatter about the inversion of the yield curve and how it’s an indicator of an impending recession. To better understand, let’s take a look at both the history, and the current situation. Remember that …

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Recessions Often Are Only Realized Way After The Fact From A Data Perspective, And Markets Typically Draw Down Significantly Before A True Recession Even Is Recognized

by cbus20122 The dotcom bubble peaked and burst right as the curve inverted. There is zero guarantee that the markets keep going up from here, although history definitely says its quite possible. There is even a risk for a short-term blowoff …

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Housing and Recessions

via Bill McBride  Following the weak new home sales report, I’d like to update a couple of graphs. For the economy, what we should be focused on are single family starts and new home sales. As I noted in Investment and Recessions “New Home …

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