Independent thinking for complex markets and current events
On Friday’s broadcast of the Fox Business Network’s “Maria Bartiromo’s Wall Street,” Select Committee on the Chinese Communist Party Chairman Rep. Mike Gallagher (R-WI) argued that there are “startling parallels” between the investments in subprime mortgages in 2008 and American investments in China and argued that businesses are not sufficiently disclosing or factoring in the …
Total collapse is coming. My guess is the feds are trying to do everything they can to lie to the people so they don’t find out until after the election. Real Estate Industry in Panic Mode: 45% Drop in Home Purchases – Bigger Than '08! Home sales are now down 31% in 2023. Without transactions, …
At the same time, homebuyers are now putting FAR LESS down than the 2008 era. The average downpayment was 14% in 2020 and now 18%, well below the 22%+ seen in 2008. All while interest rates hit 30-year highs. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/ApTjkIQuRp — The Kobeissi Letter (@KobeissiLetter) …
by TacticalHog source: New York Fed Most recently, the Fed removed a recession from their forecast. This came less than a year after they said a recession may be the only way to tame inflation. We truly are investing in some unprecedented times. Follow us @KobeissiLetter for real time analysis as this develops. — The …
by confoundedinterest17 Fed inferno! One has to wonder about The Feral Reserve. Since The Great Recession of 2008, The Federal Reserve has printed a staggering amount of money (know as QE). There is still about $8.3 TRILLION in monetary stimulus sloshing around the economy. And M2 Money printing is up 167% since November 2008. So, …