Market flipped from “rush to buy before rates go up” to “wait before buying until prices go down some more”. Lower rates? Nice, but who wants to buy a falling knife?

JUSTI N: A record number of buyers backed out of purchase deals in July due to high costs and economic worries, per Redfin. — unusual_whales (@unusual_whales) August 30, 2024 Buyers’ Strike Deepens: Pending Home Sales Drop to Record Low Despite Surging Supply & Much Lower Mortgage Rates that Already Price in Massive Rate Cuts Pending …

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US pending home sales are now lower than during peak pandemic shutdown, 20% unemployment, mass fear… And lower than 2008!

https://twitter.com/RaymieMark/status/1829162596492292106 What stage? https://t.co/nl1mq3RFPD — KKGB (@INArteCarloDoss) August 29, 2024 Pending Home Sales in the United States decreased 8.50 percent in July of 2024 over the same month in the previous year.https://t.co/NHmalX7Rux pic.twitter.com/WOKdO4kX1W — TRADING ECONOMICS (@tEconomics) August 29, 2024 The other sectors of the economy are pulling the rest of the weight, buoyed by …

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New Fluoride study shows lower IQ, Kubrick effect again!

As Stanley Kubrick tried to tell us in Dr Strangelove, it seems that fluoride isn’t our friend. That is unless you want to have a lower IQ population. Latest study shows it lowers your IQ! “ A U.S. government report expected to stir debate concluded that fluoride in drinking water at twice the recommended limit …

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Economic Vertigo! US Interest Payments Expected To Keep Rising Under Marxist Harris (And Why The Fed MUST Try To Lower Interest Rates)

by confoundedinterest17 After watching the Democrat hate fest last night (Aka, the Democrat National Convention), I was not shocked that the DNC platform looked like a playbook to destroy the US economy. High taxes, endless spending, more regulations, etc. Not a word about the staggering side of the US debt load … with Harris’ economic plan …

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Inflation falls to 2.9%, lower than expectations.‬ Consumer price growth has slowed to its lowest levels in the post-pandemic period.‬ ‪The first interest rate cuts since 2020 should come in September.‬

by TonyLiberty Fed chief Powell to set table for September rate cut at Jackson Hole, but jobs data will set the size Oh yay. Only 2.9% higher than the 4.5% increase last year and the 8.8% higher increase the year before and the 3% before. So we are only 21% higher than 4 years ago. …

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We’re in a new regime: higher volatility, lower liquidity, global deleveraging. Risk assets face bigger price swings and downward pressure…. $6.4 trillion erased from global markets in the past 3 weeks.

The “pain trade” is back… That means for traders it's a good time to consider smaller position sizing, wider stops and much more discerning execution. – Smaller size to reduce total exposure – Wider stops to account for illiquid, volatile trading conditions – Discerning execution to limit overtrading — Markets & Mayhem (@Mayhem4Markets) August 6, …

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Japanese stocks open 5 percent lower.

Asian markets fall after Wall Street sell-off, with Japan’s Nikkei 225 leading losses. Japanese government bond yields fell, with the yield on the benchmark 10-year JGB falling below the 1% mark and hitting its lowest level since June 20. Japan’s benchmark indexes nosedived as much as 5% on Friday, with most Asia-Pacific markets lower after …

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Harris-Biden Treasury Sec. Janet Yellen says their “transition to a lower carbon global economy” will “require no less than $3 trillion” each year

Harris-Biden Treasury Sec. Janet Yellen says their "transition to a lower carbon global economy" will "require no less than $3 trillion" each year pic.twitter.com/Ho5AoT3e9e — RNC Research (@RNCResearch) July 28, 2024 This idiot wants $78 Trillion to fight the weather. U.S. Treasury Secretary Janet Yellen said during a speech in Belem, Brazil, on Saturday that …

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Consumer sentiment is lower today than during the height of the pandemic lockdown in March/April of 2020. $2.1 trillion of US excess savings were spent in 3 years

Consumer sentiment is lower today than during the height of the pandemic lockdown in March/April of 2020. It is currently at levels traditionally seen during recessions. — Wealthion (@wealthion) July 14, 2024 THIS IS WILD: $2.1 trillion of US excess savings were spent in 3 years As a result, cumulative excess savings are now NEGATIVE …

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Companies hope to roll unsustainable debt at lower rates after Fed cuts, but higher credit spreads loom.

Spot on. Many companies are banking on Fed cuts to ease their debt burdens, but higher credit spreads could still pose a significant risk — Blue&White (@LiorBershtling) July 11, 2024 Don’t panic, that’s the Private Equity arm of $GS not the bank 🙅🏻‍♂️ Narrator: mmmmmm…. Great catch @kshaughnessy2 👏🏻 https://t.co/nb2Qudpz7X pic.twitter.com/1DZCQZ8Ifv — JustDario 🏊‍♂️ (@DarioCpx) …

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Zillow’s mobile app no longer allows you to adjust the interest rate percentage to see what your estimated monthly payment would be if interest rates were lower

Zillow’s mobile app no longer allows you to adjust the interest rate percentage to see what your estimated monthly payment would be if interest rates were lower byu/alltorntogether inREBubble Zillow’s decision to remove the direct adjustment of interest rates from the estimated monthly payment section could be seen as an attempt to prevent potential visitors …

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The Secret Plot to Lower Interest Rates Before the Election Is Revealed!

The buzz around the recent revelation that the U.S. government and the Federal Reserve are secretly plotting to lower interest rates just before the upcoming election has caught everyone’s attention. This maneuver has sparked debate and raised eyebrows across the nation. According to some insiders, the plan involves the Federal Reserve subtly manipulating interest rates …

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The Mirage Of “Lower Inflation” Is Fooling Nobody

From Peter Reagan for Birch Gold Group Every time the rate of inflation has been released each month over the last few months, the Biden Administration and some media outlets appear to claim economic victory. Here are just a few examples of many: The Washington Post published a headline: “Inflation Eased in October 2023” The Wall Street Journal couldn’t help but claim that inflation easing meant “the …

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Germany’s parliament just voted to lower penalties for distributing or owning chiId p*rnography.

WTF???? Germany's parliament just voted to lower penalties for distributing or owning chiId p*rnography. The slippery slope remains undefeated.https://t.co/QYigQE7Q5b — End Wokeness (@EndWokeness) May 21, 2024 https://reduxx.info/pro-pedophile-activist-group-celebrates-as-germany-decriminalizes-child-porn-possession/ This is nonsense. The bill could have given amnesty to people who report CSAM rather than "lowering the sentence." pic.twitter.com/3fpDTaATtX — Reddit Lies (@reddit_lies) May 21, 2024 https://t.co/Rnu2m1pmgsPro-Pedophile” …

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The S&P 500 is near an ATH while the S&P 500 Earnings Yield has collapsed and is at 2008 levels and still moving lower.

The S&P 500 is near an ATH while the S&P 500 Earnings Yield has collapsed and is at 2008 levels and still moving lower. 👇🏼 But please, tell me how all this is bullish. pic.twitter.com/PCS1zak6lz — Kalani o Māui (@MauiBoyMacro) May 20, 2024 Nvidia earnings will be the apex of a global super crash. Nvidia …

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The claim that billionaires have a lower effective tax rate than working-class Americans overlooks a crucial factor

For the first time in history, billionaires have a lower effective tax rate than working-class Americans, per Rutger Bregman: pic.twitter.com/C6EkoKhK6x — unusual_whales (@unusual_whales) May 11, 2024 Hey there! You might have heard the buzz about billionaires supposedly paying less in taxes than regular folks. But let’s peel back the layers and see what’s really going …

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VIDEO: Argentina Leftists Thrash and Scream In the Streets After Argentina Lower House of Congress Approves Milei’s Omnibus Bill

View post on imgur.com Argentina’s lower chamber of deputies gave overall approval to libertarian President Javier Milei’s sweeping “omnibus” reform bill in a vote on Friday after days of debate, paving the way for a decisive vote in the Senate. The controversial reform package was approved on a vote of 144 votes in favor, and …

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Banks exploiting Fed’s facility, borrowing at a lower rate, then profiting by parking at a higher-interest unit.

Banks are pocketing real money by borrowing money from the Fed's newest backstop facility, which charges a lower rate, and then parking it at another unit of the Fed, which pays higher interest. Banks are borrowing record amounts from this new facility. https://t.co/0Yt4STWbb9 pic.twitter.com/UYElYhjQxa — Lisa Abramowicz (@lisaabramowicz1) December 22, 2023 via Bloomberg: Banks borrowed …

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Higher levels of financial optimism associated with lower levels of cognitive ability

via phys.org: A behavioral economist at the University of Bath in the U.K. has found evidence linking higher levels of unwarranted financial optimism with lower levels of cognitive ability. In his study, published in the journal Personality and Social Psychology Bulletin, Chris Dawson surveyed thousands of people in the U.K. about their economic outlook and compared their responses …

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Safety Shot: New Drink That Claims to Lower Blood Alcohol Levels Set to Release in December

Safety Shot Inc. is introducing a groundbreaking beverage to swiftly squash a buzz. The “Safety Shot” is crafted to accelerate alcohol detox and promptly plummet blood alcohol content (BAC) in record time. The company says the beverage, created by industry experts and patented, is slated for a direct-to-consumer launch in December 2023. According to Safety …

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Investor Consensus Points to Lower Yields, but What If They’re Wrong?

BofA’s latest survey signals a worrying trend as 76% believe the hiking cycle is over, 80% expect lower short rates, and a record 61% foresee lower yields. Investors are shifting to bonds at the highest rate since 2009. Notably, the big change isn’t just the macro outlook, but the widespread expectation of lower inflation and …

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