Independent thinking for complex markets and current events
Moody’s Analytics latest data unveils a significant shift in the U.S. housing market, with the once-scorching pace of home price growth finally showing signs of tempering. The report highlights a nuanced landscape, with some regions experiencing continued ascent while others face declines, reflecting the complex interplay of affordability and demand. Key points: Moody’s Analytics House …
The financial outlook in the United States is deeply concerning. The bottom 20% of workers are allocating a staggering 80% of their income to essential goods like food, highlighting the stark inequality. Even those earning $150,000 or more a year are living paycheck to paycheck, relying on credit cards to make ends meet. Excess savings, …
BREAKING: 55% of households earning less than $50,000 are living paycheck to paycheck, per Moneywise. — unusual_whales (@unusual_whales) September 22, 2023 The housing market is stuck, per BI: Americans can't afford homes, investors aren't buying property, and economists see little relief ahead. — unusual_whales (@unusual_whales) September 22, 2023