Independent thinking for complex markets and current events
This is quite unnerving. Will The robots eliminate a lot of jobs? Who will be the customers if there are a lot less jobs to earn money with due to robots taking them? Amazon unveils 6-foot robots that walk and lift items in its warehouses pic.twitter.com/EDTWLECL6Y — End Wokeness (@EndWokeness) October 20, 2023 AC
The Airbnb Apocalypse, as some are calling it, is no longer confined to major cities like New York City; it’s spreading to places like Kansas City as well. But let’s clarify something first: the bust and the apocalypse are two distinct concepts. Cities are reacting to an oversupply of Airbnb listings, and their response is …
by Michael Higher interest rates are absolutely strangling the real estate industry, and there is no relief in sight. The sudden shift from a very low interest rate environment to a much higher interest rate environment has paralyzed sales. As I have discussed previously, very few homeowners that are currently locked into a mortgage at a …
https://www.youtube.com/watch?v=qiJhi3vAv4Y The majority of U.S. renters are in danger of losing their homes this year without even knowing about the risks they’re facing. At this point, protection programs have expired, prices have ballooned and the number of evictions is rising at an alarming pace all over the country. In many cities, eviction filing rates have …
https://www.youtube.com/watch?v=RQJKDMYy9ZM A car market crash of epic proportions is already in motion, according to new data released by Manheim Market Insights and Cox Automotive. In June, car prices faced a record drop, marking the end of two years of hefty increases. Used vehicles saw the biggest monthly declines since the pandemic boom, while new cars …
More than 2,200 stores are closing across the US in 2023. Here’s the full list: It’s not exactly the retail apocalypse of prior years, but it’s a shakeup nonetheless. An Insider tally of announcements by major retailers in 2023 finds as many as 2,280 stores set to close across the US. The rationales are varied: …
Sheldon Whitehouse: Dianne Feinstein Should Not Resign No Matter What Because We Need Judges Confirmed. The situation involving California Sen. Dianne Feinstein has become an uncomfortable one for her fellow Democrats, some of whom have been calling on her to resign. Others have said Feinstein, who will turn 90 on June 22 and who has …
NASA warns of “Internet Apocalypse” that would disable internet for months Let me guess – they expect it to happen a few months before next year’s Presidential election…https://t.co/aEkPXrbA4O — DC_Draino (@DC_Draino) June 8, 2023 Having Starlink, even as a backup, would be wise — Elon Musk (@elonmusk) June 8, 2023 CF.org reported. A groundbreaking mission by …
San Francisco man crowdfunding to escape ‘zombie apocalypse’ neighborhood https://t.co/m17z8HSf5D pic.twitter.com/ZYIaItEgOE — New York Post (@nypost) June 3, 2023 A fed-up San Francisco resident has decided to leave his crime-ridden, drug-infested neighborhood that he says reminds him of a “zombie apocalypse” — and has launched a fund-raising campaign to pay for his move. Darren Mark …
