Independent thinking for complex markets and current events
by spacebizzle Million dollar question. Wall street bulls love these pseudo plans of further down-the-line growth stories to pump hype stocks. It wasn’t any different in 1998/99 with the promise of the internet, online retail, telcom and routing hardware, etc. The promise that it would take over everything (it did but leaving probably 95% of …
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 …
by Simian_Stacker This time around the Fed has already blown its wad with 15 years of QE. The builders are starting to feel it. US: Housing Starts fall 8% in June, Building Permits fall 3.7% Housing Starts and Building Permits declined sharply in June. US Dollar Index stays in positive territory above 100.00. The monthly …
by Ok_Significance_4008 I remember this set up back in 1999 during the last stages of the dot.com bubble. The sequence of money flow went from hardware companies, to retail killers (remember Pets.com), to closed pay to play networks (remember AOL.com), niche specific products, and finally the everything dot.com panacea for all your online sales pitches. …
Perth builder City Residence falls into liquidation Property owners have been left scrambling after another construction company has fallen into liquidation – but there’s still hope money will be recovered. Yet another construction company has collapsed with Perth builder City Residence Pty LTD going into liquidation. Peter Malone from CRS Insolvency Services was appointed liquidator …
The Biden administration, the media, Democrats, and Republicans are all either willfully ignorant or blithely unaware of the looming economic crisis that’s about to hit. Inflation is part of the problem, but we’re going beyond job creation reports and the fallout from Silicon Valley Bank. It’s a crisis that could cause all the dominoes to …
‘Clients are taking £20,000 off the asking price’: How the house price slump is causing misery for sellers Homeowners are having to knock as much as £20,000 off their asking price in an effort to find a buyer, housing insiders have revealed. Figures published by Halifax on Friday showed there has been a 2.6 per …
How much of the recent surge of “housing recovery” this Spring was driven by people who didn’t believe the Fed when it said, “higher for longer?” How many people paid top dollar and took an unaffordable monthly payment believing they could hold out and refinance lower soon? https://t.co/wSDYjGM8JE — Amy Nixon (@texasrunnerDFW) July 6, 2023 …
via fortune: If you want a job in the crypto industry, now is not a great time to look. A new report from the Brookings Institution found that after a monster 2021 and early 2022, open positions at crypto companies in the U.S. have fallen in droves, with major cities seeing drops as high as …
by Simian_Stacker The Fed’s balance sheet is right back where it was before the regional banks blew up.
by Simian_Stacker https://www.cnbc.com/bonds/ Big moves in the debt market. US 3M T-BILL YIELD new high wen 50bps pic.twitter.com/mCbZMOxnf0 — Alessio (@AlessioTMAD) June 29, 2023 1-Year Treasury Bills now have a yield of 5.32%, the highest level since December 2000 pic.twitter.com/jKj27cpliq — Barchart (@Barchart) June 29, 2023 The decline in headline CPI is primarily driven by …
"What bubble?" pic.twitter.com/oRM0lxj5g3 — Mac10 (@SuburbanDrone) June 27, 2023 The bull case is happily ever after. pic.twitter.com/MFSVqWuYH2 — Mac10 (@SuburbanDrone) June 27, 2023 https://t.co/mwv9FFMj51 pic.twitter.com/HweuCZCjiS — Mac10 (@SuburbanDrone) June 27, 2023 Source: Wolf Street
PEG ratio measures what investors are willing to pay for a company's earnings growth — Bravos Research (@bravosresearch) June 19, 2023 Apple $AAPL made a new all-time high last week and is now just over 3.1% away from a $3 trillion market cap. pic.twitter.com/HgLmSUskG9 — Bespoke (@bespokeinvest) June 19, 2023 Current short interest on big …
by BoatSurfer600 via YAHOO: (Bloomberg) — Sweden’s beleaguered property sector suffered another blow when one of the largest office landlords in the capital was downgraded to junk status by Moody’s Investors Service. Stockholm-based FastPartner AB saw its rating cut one step to Ba1 with the possibility for further downgrades to come if the company cannot …
via fortune: A.I. has fast become the business buzzword of the moment, with major players like Amazon, Google, and Microsoft investing billions as they race to develop the hottest artificial intelligence technology. For one European company, the A.I. hype helped its founders raise a record 105 million euros ($113.5 million) in its seed round this …
by Narrow_Meeting3126 I just read a report that Goldman Sachs is predicting 300 millions jobs lost or degraded by AI. In my opinion, we will see nowhere near this number of jobs lost (if at all). It’s amazing how over speculated the tech industry is now. NVDA rallying 20% just because they mention AI in …
"Coming Back To Earth": UK House Prices Book First Annual Drop Since 2012 https://t.co/IFHbSaM10x — zerohedge (@zerohedge) June 8, 2023 UK house prices recorded their first annual contraction in May, attributed to affordability crisis. Lender Halifax published a new report showing UK house prices recorded their first annual contraction in May in over a decade. The decline …
Investor surveys, put/call ratios, sentiment gauges and fund-manager positioning data all point to sky-high levels of bullish sentiment + a lot of FOMO buying in tech. It's pretty rare to see all of them sending the same message at once. pic.twitter.com/VnuCo8uQzd — Eric Jhonsa (@EricJhonsa) June 8, 2023 This ratio is now at levels last …
IMAGINE…. The DOT COM bubble combined with 2008= NOW! When I say HELL IS COMING… I mean…HELL IS COMING! Buckle up!$SPY $SPX $QQQ $UVXY pic.twitter.com/LTrCE7xWdz — SIR CHARTIST (@ChartBreakouts) June 4, 2023 In the first Tech overweight melt-up, Tech lost -15%. In the second melt-up Tech lost -35%. Bulls believe this will be the easy …
More Ontario homeowners sold within a year of buying as interest rates climbed, report finds There’s been a “notable” increase in homeowners selling within one year of buying a property, particularly condos, since interest rate hikes started last year, according to a new report from land and commercial registry company Teranet. The latest edition of Teranet’s …
by flaming_pope You know it by heart now. “Californians are being forced to flee California.” And in the exact same breath. “OMG, everyone’s buying homes with CASH.” “The housing market’s booming right now!” Let me rectify your observations for you. Cash strapped Californians are not “forced” nor “fleeing.” They’re conquering your neighborhood and causing a unsustainable housing bubble. My …
The NASDAQ to Russell 2000 ratio is the most stretched we've seen since the Dot Com bubble pic.twitter.com/oN8sYz3FYU — Markets & Mayhem (@Mayhem4Markets) June 2, 2023 The #FOMO chase into #technology stocks might be getting a little ahead of itself. h/t @ISABELNET_SA pic.twitter.com/fWRzEEXdIX — Lance Roberts (@LanceRoberts) June 2, 2023
Fred Hickey, a prominent investor and the editor of the newsletter “The High-Tech Strategist” which is published monthly for the past 34 years, argues that today’s market is resembling the 1999-2000 tech bubble. He sees the ‘Big Seven’ – Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Nvidia (NASDAQ:NVDA), and Tesla (NASDAQ:TSLA) …