A hub for independent voices and hard truths
“As soon as mortgage rates drop demand is gonna SURGE.” I think it’s time to face facts kiddos, most of the “pent up demand” was just investors who have moved on to greener pastures. Buyers aren’t waiting for lower rates, …
You really couldn’t make this schit up if you tried, no one would believe it. BREAKING: Congressional Democrats have issued a letter to the Federal Elections Commission pressuring them to censor Elon Musk's Grok AI, saying its image generation feature …
Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they’re planning fewer trips this summer, or skipping their vacations altogether. “After two straight years of strong gains, the number of Americans planning to …
by Mike Maharrey Rapidly increasing industrial and military demand for silver is depleting global inventories, and the rate may well accelerate quickly. Silver demand has outstripped supply for three straight years and the Silver Institute projects another market deficit this …
Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations and warned that it’s seeing signs of slowing demand from U.S. customers. Here’s how the company did compared to LSEG estimates for the …
by confoundedinterest17 Mortgage applications decreased 3.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 26, 2024. The Market Composite Index, a measure of mortgage loan application …
A growing number of African countries are turning to gold to hedge geopolitical risk and protect against currency losses. Nigeria, Uganda, Zimbabwe, Madagascar, and several other African nations have made moves to increase gold reserves, bring their gold home, and …
Job postings are down Double digits 12.4 % year over year to lowest level since April 2021 . Throw out the 50 % below comparison as that was largely states reopening from Pandemic lockdown . The 11.7 above pre pandemic …
Multiple Senators confront, demand answers and then chase down Secret Service director Kimberly Cheatle in Milwaukee at the RNC. Video was shared by Senator Marsha Blackburn.pic.twitter.com/ZWZ4bBJ45U — Citizen Free Press (@CitizenFreePres) July 18, 2024 Senator MarshaBlackburn just confrontedSecret Service Director …
Top contributors to President Joe Biden’s re-election bid are inquiring about having their campaign donations refunded after the 81-year-old chief executive delivered a meandering and tottering performance at his first 2024 election debate with Donald Trump last week. During the …
“Overprotected as they are, a lot of city kids are missing out on so many important encounters with material reality: with death or danger or manual labor. These encounters can be unpleasant, even painful. It’s understandable that we want to …
by confoundedinterest17 We’re going down! Moments ago the University of Michigan released the latest “report card” on Bidenomics, and to nobody’s surprise – except perhaps a certain senile teleprompter reading, diaper-wearing puppet in the White House – it was another disaster. …
Home prices are dropping thanks to high mortgage rates weighing on demand. The 30-year fixed mortgage rate edged up last week, hovering above 7%. Real estate experts expect affordability to slowly improve as inventory rises and borrowing costs ease. Home …
This article seems like an implicit warning against further credit weakness. However, credit is falling off a cliff NOT because nonbank financials are shifting to another source of funding, but because there is simply no credit demand in the economy …
Central bank net purchases now account for more than a fifth of global gold demand or about twice the proportion between 2012 and 2021 pic.twitter.com/z9pcvCZqin — Win Smart, CFA (@WinfieldSmart) May 28, 2024 BREAKING: 🚨 Argentina Argentina's Peso has plummeted …
Last month, California made headlines by increasing the minimum wage for fast-food workers to $20, which many workers across the state were quite pleased about. Unfortunately, it seems like that’s not enough, as new reports suggest that some want to …
Big news on the legal front. As many of you know, Steve Bannon, a prominent figure in conservative circles and a former advisor to President Trump, has been battling a contempt-of-Congress conviction. This all stems from his defiance of a …
Demand for second-home mortgages fell twice as fast as mortgage demand for primary homes, as housing costs rose to new heights. An early look at this year’s data shows that demand for vacation homes hasn’t picked up in 2024; interest …
The CEO of Zillow just issued a warning that first-time homebuyers are beginning to drop out of the housing market in 2024. And that this reduction in buyer demand could hurt Zillow’s business and revenue in the second quarter. Zillow …
by confoundedinterest17 Housing in the US is simply unaffordable, particularly after HUD levied new regulation rising the cost of new housing up to $31,000. Wait for this to kick into the data for mortgage demand! Mortgage applications decreased 2.3 percent from …
“Oakland California Residents Are Sick Of Democrat Soft On Crime Policies They have hit the streets calling for the Recall of District Attorney Pamela Price “If she stays longer, crime, death, it’s just not good for the community, the safety …
We see power demand from data centers more than tripling in 2030 vs. 2020 ChatGPT queries are 6x-10x as power intensive as traditional Google searches Goldman pic.twitter.com/B4zNSzqJfG — Win Smart, CFA (@WinfieldSmart) April 29, 2024
As ominous signs of economic distress emerge, the US teeters on the brink of a financial precipice. Subprime auto loan delinquencies soar to 2008 levels, signaling an impending crisis fueled by a doubling of delinquency rates in just three years. …
Arm CEO warns AI’s power appetite could devour 25% of US electricity by 2030 Arm CEO Rene Haas cautions that if AI continues to get more powerful without boosts in power efficiency, datacenters could consume extreme amounts of electricity. Haas …
Oh, big surprise! Zero students proficient in reading and math at the Chicago Teachers Union’s poster child school? Talk about setting the bar low! But hey, why aim for excellence when you can aim for mediocrity, right? And now they …
Jordanian police brutality against female protesters tonight. This will not go down well in Amman. Jordanian police brutality against female protesters tonight. This will not go down well in Amman. https://t.co/o3Rc3PlJ4B — Arwa Ibrahim (@arwaib) March 30, 2024 https://twitter.com/_/status/1773151920070217987 Chaos …
via naturalnews: Privacy experts are sounding the alarm about two recent court orders that allowed the federal government to order Google to release private information about users who watched certain unapproved videos and livestreams on YouTube. According to the orders, the feds …
At one time, the Onondaga Nation comprised 4,000 miles in upstate New York. It’s currently a shadow of its former self at 7,500 acres just south of Syracuse. But in May, an international human rights commission ruled the nation may …
by confoundedinterest17 We are experiencing a situation known as House Latitudes. Where mortgage rates are so high that the mortgage market is struggling to recover from Bidenomics. Mortgage applications increased 7.1 percent from one week earlier, according to data from the Mortgage …
