officially

Housing Bubble 2.0 is bursting: Housing affordability is officially down 50% since 2021. Since then peak in 2012, housing affordability is down nearly 70%.

Fastest Declining US Housing Markets (1-Year Drop): 1. Austin, TX: -11.6%2. Boise, ID: -8.6%3. New Orleans, LA: -8.0%4. Lake Charles, LA: -8.0%5. Phoenix, AZ: -7.0%6. Las Vegas, NV: -7.0%7. Provo, UT: -6.7%8. Reno, NV: -5.7%9. Chico, CA: -5.7%10. San Jose, CA: -5.5%… — The Kobeissi Letter (@KobeissiLetter) October 22, 2023 As mortgage rates hit 8% …

READ MORE

Tightening policies worse than officially stated, the collateral value of fixed-income assets is diminishing rapidly and we are starting to see the huge deficits of the US government are pushing interest rates even higher

The significant decline in the market value of Treasury notes, bonds, and mortgage-backed securities, which make up over 80% of the Federal Reserve’s balance sheet, could potentially reduce the Fed’s assets by about $1 trillion, surpassing the impact of their QT policy. This would essentially bring their balance sheet back to 2020 levels, indicating the …

READ MORE

The Federal Reserve has officially reported a loss of $57 billion for the first six months of 2023

via mises: The Federal Reserve has officially reported a loss of $57 billion for the first six months of 2023. Quite a number! So the “Federal Reserve Banks Combined Quarterly Financial Report as of June 30, 2023” (CQFR)—a little-known document—is especially notable for its red ink. We can anticipate an annual loss of over $100 billion for …

READ MORE

Ukraine Has Officially Completed Their Summer Counteroffensive

by Chris Black People will be puzzled about this operation in the future, it’s literally the most idiotic attempt ever made in recent military history, and probably one of worst defeats in modern military history. Ukrainians, with every single factor stacked against them, tried to quickly breach a 20-30 km deep defensive belt, mostly because …

READ MORE

Rachel Maddow has officially lost her mind…

In response to a New York Times report Monday about Donald Trump’s legal strategy, Rachel Maddow laid out for MSNBC viewers the stakes of the 2024 election, as she sees them. Concerned by the news that Trump’s plan is to win the 2024 presidential election and then use the levers of power to make his …

READ MORE

This has been happening for years and now it’s officially in your face

Their partners are the:•United Nations (UN)•World Health Organization (WHO)https://t.co/gykx9DpkDW — Dejan (@georgievdejan) August 9, 2023 Google’s algorithms are designed to delete websites that criticize topics such as: – COVID-19 statistics– the World Bank– the FBI’s crime statistics – PharmGKB– a one-world global governmenthttps://t.co/EBwUDMYTfX — Dejan (@georgievdejan) August 9, 2023 The algorithms are Google’s last-ditch attempt …

READ MORE

“DOJ has officially become Biden’s new campaign headquarters and Jack Smith is his new campaign manager”

“DOJ has officially become his new campaign headquarters and Jack Smith is his new campaign manager” Congresswoman Lauren Boebert (Rep-CO) says Joe Biden’s “DOJ has officially become his new campaign headquarters and Jack Smith is his new campaign manager” pic.twitter.com/PNY1lpiX4W — • Angry Frog ™ • (@angrifrog) August 4, 2023 h/t Georgia882

The EU Officially Adopts Great Replacement Plan

by Chris Black This is not exactly “breaking news”, but it definitely flew under the radar. BREAKING: The European Parliament just voted in support of the EU’s new Migration Pact. It will take away national sovereignty from member states & allow the European Commission to allocate any size of “mandatory migrant relocation quotas” for all …

READ MORE

NATO summit has officially begun…

The #NATO summit has officially begun in #Vilnius. pic.twitter.com/yDH0kkqdDc — NEXTA (@nexta_tv) July 11, 2023 Boris Johnson is ready to start WW3 at the NATO meeting this week. 😢 pic.twitter.com/LcKgNluWcq — Wall Street Mav (@WallStreetMav) July 11, 2023 In addition, Germany is to announce an aid package with a total cost of about 600 million …

READ MORE

Joe Biden has officially lawyered up…

GOP Rep: Joe Biden Has Officially Lawyered Up Following Latest Revelations into His Family’s International Pay-to-Play Scandal https://t.co/mUzT4MrFJE — The Gateway Pundit (@gatewaypundit) June 25, 2023 Joe Biden has officially lawyered up. This is what a real scandal looks like. — Rep. Darrell Issa (@repdarrellissa) June 25, 2023 Peter Schweizer claims Joe Biden was using …

READ MORE

Fox News has officially turned on Trump.

Did Bret Baier mean to make the best anti-Trump ad this campaign season?pic.twitter.com/1WrVs9H6f9 — 🔆KEZZMIT🔆 (@Kezzmit) June 19, 2023 Trump leaves Fox News reporter in STUNNED silence after dropping his Presidency's successes in rapid-fire🔥 pic.twitter.com/q351XLpdT4 — Benny Johnson (@bennyjohnson) June 20, 2023 AC

Wall Street Investors have officially abandoned the Housing Market. MBS Market has completely collapsed.

Wall Street Investors have officially abandoned the Housing Market. With Redfin reporting a colossal 49% crash in investor purchases in Q1 2023. This is the biggest annual decline on record. Even bigger than the drop that occurred in 2005 right before the last crash. pic.twitter.com/9GyHqzHCKl — Nick Gerli (@nickgerli1) May 31, 2023 2) Higher interest …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.