“Now that bubble’s collapsing.”

Sharing is Caring!

"Lots of people bought Airbnbs, $ABNB, [and] deprived the housing markets of listings," says Reventure Consulting CEO Nick Gerli. "Now that bubble's collapsing." pic.twitter.com/fTXUkO3dK6

— unusual_whales (@unusual_whales) July 16, 2023

See also 10,000 layoffs and more to come (Cargill, Tyson, and John Deere). The unemployment level is now higher than when the Fed cut rates (September).

See also IRS recoups only $4.7B with $80B boost from Inflation Reduction Act and now faces $20B GOP cuts.