Housing freezing like 2008–2009, homeowners concentrated ~90% of net worth in housing with ~30:1 leverage, while prices remain constrained by wage growth, not credit expansion

Housing markets don't all of a sudden crash.First they freeze. No one buying, more and more sellers slowly piling up.Why does this take place? Because home owners are broke morons with 90% of their net worth in something they didn't earn, didn't "invest" in….. They… pic.twitter.com/7lLefputWI— Darth Powell (@VladTheInflator) April …

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Walmart loses $22 billion in market cap, CEO says budget constrained American consumers are showing “stressed behaviours” and low confidence

Expecting similar results for Unilever, Coke, Pepsi, P&G, Target, Home Depot, Lowe’s and other consumer discretionary companies Edit: While a stock market fluctuations are normal, I find it concerning that the CEO has come out and said that consumer confidence is low to the point it is impacting shopping behaviours …

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