Independent thinking for complex markets and current events
A recent report from the Harvard Joint Center for Housing Studies highlights an interesting paradox: while home prices soar and homeowners’ equity increases, many homeowners are still struggling with rising costs. Here are some key points: Equity Growth: The average homeowner’s equity has surged by $28,000 over the past year, reaching an average of about …
The United States, once seen as a land of opportunity and prosperity, now has many households facing overwhelming debt. As living costs rise and wages remain stagnant, families nationwide are caught in a cycle of borrowing, struggling to stay afloat amidst record debt levels. This growing problem, driven by various economic factors and societal changes, …
DEI’S NEW WEAPON: ‘CULTURAL TAXATION.’ DEI ideology demands members of minorities act in their capacity of members of the group instead of individuals. This results in more work for those people, which DEI labels “cultural taxation” without pointing out that the DEI pushers are the tax collectors. DEI pushers’ solution: everyone else should compensate the victims for …
Reality is all that previous excessive money printing has goosed up prices far above the long term core trend. And only a hard landing would even have a shot at bringing it back to trend, otherwise the future is clear: Permanent higher prices and cost of living with wages not having kept up. And the …