Independent thinking for complex markets and current events
$480k home with 10 percent down hits $3,400 monthly mortgage while he clears just $5,800 take home via PurpleRecognition216 I max my 401k, I have an emergency fund, no credit card debt, no car payment and no student loans. Grew up in Austin. My parents bought their house in 1991 for $87,000 on a …
This is the part where everyone points to spending and jobs like proof everything’s fine, right before both roll over at the same time. THE STOCK MARKET CRASH IS SET UP PERFECTLY! 1. Consumers are still spending money they don’t have. – Consumer spending makes up 70% of GDP – But personal savings are near …
The U.S. workforce is running on a debt IV drip: – 52% of Americans carry credit card debt with rates now in the high 20% range!!! – Half don’t even know their interest rate Of those who think they do, half underestimate it. – Revolving balances are at record highs. – 20 years of wages …
The surface looks euphoric. Underneath, it’s leaking pressure. U.S. equity markets are flashing signals that don’t line up. On one side, retail traders are piling into penny stocks, margin debt is hitting new highs, and social media is pumping vaporware IPOs like it’s 2021 again. On the other side, corporate insiders are quietly heading for …
It’s been too easy for far too long. You can feel it in the air. Something is off. Money has flowed like water from broken pipes and the damage is everywhere. Free handouts became a way of life. Stimulus checks. Pandemic subsidies. Canceled student loans. Frozen rents. Each move chipped away at the foundation. And …
