If declining interest in real estate licenses is an indicator of economic downturn, $SPY will peak in March/April 2024 and then it will crash horribly.

by Naive-Historian-2110

In 2008 only 9% of mortgages were delinquent or in foreclosure. it doesn’t matter if half of homeowners have a 2% mortgage. it only takes a seemingly small amount of defaults and delinquencies to send waves.

It’s definitely going to be the mother of all crashes. It’s like if the GFC f**ked the dot com bubble and created a monster.

Muppets are fixated on “soft landings” and the next easing cycle even as history’s greatest speculative bubble continues to inflate towards bursting.

Jim Grant: Interest rates will stay high for ‘much, much, much longer’ than people think.

“It is the historical track record, it is the pattern, that interest rates exhibit a tendency to trend over generation-long