Property Grab: Zohran Mamdani has proposed lowering the exemption on the death tax (estate tax) from $7.1 million down to only $750,000

🚨NYC Mayor socialist Zohran Mamdani has proposed lowering the exemption on the death tax (estate tax) from $7.1 million down to only $750,000. He would also increase the death tax from 16% to 50%. No other jurisdiction in the USA confiscates wealth at death from people with… pic.twitter.com/FMEXCxFyVG — Wall Street Mav (@WallStreetMav) March 13, …

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Strong earthquake with magnitude 7.1 hit China Tibet Region recently

Magnitude 7.0 Region WESTERN XIZANG Date time 2025-01-07 01:05:18.1 UTC Location 28.579 ; 87.335 Depth 10 km Distance 195 km NW of Dārjiling, India / pop: 123,000 / local time: 06:35:18.1 2025-01-07 87 km NNE of Lobuche, Nepal / pop: 8,700 / local time: 06:50:18.1 2025-01-07 https://www.emsc-csem.org/Earthquake_information/earthquake.php?id=1753287 M 7.0 – 90 km NE of Lobuche, …

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Small lender delinquency rates reach 7.1%, surpassing peak in 2008 and 2020. US default risk higher in 2023 compared to peers.

Great chart from PPG Macro showing delinquency issues beyond the large lenders. It seems that small lenders are increasingly exposed to overly risky loans. Commercial real estate loans are yet another example. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 2, 2023 Throughout ‘23 US default risk …

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Home price-to-income ratio surpasses 2008 housing bubble. US median home price rises 38% since 2020, mortgage rates is up from 2.7% to 7.1%. They will kill houses?

https://t.co/HalIfhU6gE — Win Smart, CFA (@WinfieldSmart) July 19, 2023 The median home price in the U.S. is up ~38% since 2020. The average interest rate on a 30-year mortgage is up from 2.7% to 7.1% in ~2.5 years. The average mortgage payment on a 30-year mortgage is now $2,900. Could you afford to buy your …

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