Independent thinking for complex markets and current events
The Mortgage Lock-In Effect Is Waning as Sellers Flood the Market Some segments of the U.S. residential real estate market started to thaw in January after December’s deep freeze, with a growing number of homeowners listing their homes for sale in a sign that the stubborn “lock-in” effect is finally beginning to ease. The “lock-in …
A hundred thousand eggs were stolen Saturday from an organic supplier in Franklin County amid skyrocketing prices stemming from an avian flu outbreak, Pennsylvania State Police said. The eggs were swiped from the back of a distribution trailer around 8:40 p.m. at the Pete & Gerry’s Organics warehouse on Commerce Avenue in Antrim Township, state …
We won the last election by complaining about Democrats' policies, which gave us high prices. Tariff lovers will be forced to explain the persistence of high prices…https://t.co/1Tc9HdSEHi — Rand Paul (@RandPaul) February 1, 2025 Out of all the news headlines that came out this weekend, this is the most shocking . pic.twitter.com/gwXrMDiM7y — Anna Wong …
Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). Sales grew 9.3% from one year ago, the largest year-over-year gain since June 2021 (+23.0%). The median existing-home sales price progressed 6.0% from December 2023 to $404,400, the 18th consecutive month of …
🚨TRUE: US stock market to GDP ratio reached 209%, exceeding the previous record of 200% set before the 2022 bear market. The ratio is also WELL above the 2000 Dot-Com Bubble top. By comparison, 20-year average is 120%… Read more👇https://t.co/qTez8tu6rn — Global Markets Investor (@GlobalMktObserv) January 29, 2025 $SPY – Sell signal triggered by our …
Drumpf has been President for 5 minutes. Why aren’t eggs cheap yet??? byu/EuphoricTrilby inwalkaway
😉 pic.twitter.com/TZp20zIqST — Amy Nixon (@texasrunnerDFW) January 26, 2025
We’re in a strange, contradictory market where some trends suggest stability, but the underlying reality remains volatile. Only a 22% chance of a recession occurring within the next year pic.twitter.com/nx26BqGko7 — Win Smart, CFA (@WinfieldSmart) January 24, 2025 Your food prices are in a bull market: Egg prices are now up 101% since October 2023. …
by confoundedinterest17 This is the worst start to a fiscal year EVER: – Spending is up 10.9% – Receipts are down 2.2% – FYTD deficit up 39.4% at $711 billion They’re handing Trump a ticking time bomb! Speaking of Biden handing a ticking time bomb (according to Zero Hedge), after rising for 5 straight months, …
Prior to the 1990s, stock prices would decline before drops in earnings. At times, stock prices would anticipate a decline in earnings that would not materialize. But prices would generally lead earnings which slightly led the economy. pic.twitter.com/UcabAxQr6F — Eric Basmajian (@EPBResearch) January 14, 2025 Even in the mid-cycle slowdown of 2016, earnings declined for …
Gold’s already had six fantastic years – dare we hope for the bull run to continue? Goldman Sachs weighs in, forecasting another two years of growing gold prices (at least). Here’s why Goldman thinks the bull run may just be getting started… By Peter Reagan Your News to Know rounds up the most important stories …
It’s more expensive than ever to rent. In fact, rents were unaffordable in 2024 for almost 25 million households in the United States, an all-time high, according to a report on America’s Rental Housing by the Joint Center for Housing Studies of Harvard University released this month. The most astonishing finding highlighted by analysts in …
Wholesale egg prices, as tracked by the Urner Barry Egg Index, have reached record highs at the start of the new year. This surge is mostly driven by the ongoing devastating impact of Highly Pathogenic Avian Influenza (HPAI), which has crushed commercial flocks and dented the nation’s egg-laying capacity Three weeks ago, new data from …
Central banks have just engineered the worst crisis we've ever seen and now it's ready to go. By pulling the liquidity rug away they've set the stage for another crisis, all that's needed is the trigger/narrative. https://t.co/2RhyVZhH5c pic.twitter.com/tas2TgrN22 — Financelot (@FinanceLancelot) January 6, 2025 There goes the 10 year yield, climbing its way into the …
by confoundedinterest17 We are all riders on the Biden housing storm. Existing-home sales have finally started to improve on a seasonally adjusted basis after a three-year decline. Cause? Raging home prices combined with higher than normal mortgage rates. Home prices are up 35.4% under Biden while conforming 30Y mortgage rates are up 148%.
NEW YORK (Reuters) – Drugmakers plan to raise U.S. prices on at least 250 branded medications including Pfizer COVID-19 treatment Paxlovid, Bristol Myers Squibb’s cancer cell therapies and vaccines from France’s Sanofi at the start of 2025, according to data analyzed by healthcare research firm 3 Axis Advisors. Nearly all of the drug price increases …
by confoundedinterest17 US home prices surged to the 17th consecutive all-time high. US home prices in the 20 largest cities rose 0.32% MoM in October (the latest data from S&P CoreLogic Case-Shiller), considerably hotter than the 0.22% rise expected. However, despite the MoM beat, the pace of annual acceleration has declined to its slowest since Sept …
Tell me again about that “Soft Landing” – how the Economy is getting stronger…. US Capacity Utilization is declining – currently at 76.8%. So… why would businesses be hiring people with this capacity utilization? Tell me again about that "Soft Landing" – how the Economy is getting stronger…. US Capacity Utilization is declining – currently …
Nvidia and AMD rush to stockpile graphics cards ahead of Trump tariff that could raise prices by 40% A $2,500 RTX 5090? If you’re thinking of buying a next-generation graphics card, you might want to do it sooner rather than later. Nvidia and AMD are reportedly increasing the production and shipping rate of their upcoming …
This chart is eye-opening: The S&P 500 has seen modest growth in corporate earnings compared to its notable price appreciation since 2023, the year where, among other things, ChatGPT was released. pic.twitter.com/N03i8gn7Bs — Otavio (Tavi) Costa (@TaviCosta) December 23, 2024 BREAKING: The US consumer confidence index fell to 104.7 points in December, marking one of …
Bitcoin Keeping it simple Below 96700 for more than 72 hours and its lights out. Either way, its lights out in the not to distant future. pic.twitter.com/COraOh44fL — The Great Martis (@great_martis) December 21, 2024 will be zero soon https://t.co/1tVncx2mhD — Martin Shkreli (@MartinShkreli) December 21, 2024 Who farted? Guess who's next? pic.twitter.com/9EbuQT0vKn — The …
What have we learned from the market this Fall? There are 2 paths forward for Real Estate and both are painful: 1. Higher rates, stagnant market, layoffs, prices grind flat or down 2. Lower rates that come when the economy collapses, not because the Fed waves a magic wand — Amy Nixon (@texasrunnerDFW) December 20, …
“President-elect Donald Trump admitted in an interview with Time magazine that it will be difficult for him to reduce consumer prices, contrary to statements he made on the campaign trail this year. Trump told Time in an hourlong interview for its “Person of the Year” feature that his presidency wouldn’t be a failure if he …
Yup. So the housing markets just sits here and does nothing. No buyers no sellers because they can’t agree on an affordable price https://t.co/UFEektfCKe — QE Infinity (@StealthQE4) December 12, 2024 Annual income needed to buy a house over last 125 years. pic.twitter.com/RD57b008BQ — Nick Gerli (@nickgerli1) December 12, 2024
by Michael What in the world is going to happen if global food supplies continue to get even tighter? During the second half of this year global food prices have been surging. A “perfect storm” of factors is suppressing production all over the planet, and meanwhile worldwide demand for food just keeps rising. Needless to …
Bitcoin’s record ascent beyond $100k captured headlines worldwide. But what does this so-called digital gold have to do with the real thing? If you take a closer look, it’s plain to see that the forces driving the crypto market higher are very similar to those driving the gold market… By Peter Reagan Your News to …
I worry about this too. I don’t see how you have another stock market bull run given how overpriced equities are along with how bad the economy is. It’s going to get worse before it gets better. https://t.co/16VaPMt40N — QE Infinity (@StealthQE4) December 4, 2024 🇺🇸 S&P 500 Asset managers are buying US stock futures …
Yeah, I go to open houses every weekend, because I would like to buy a house but by the end of the day I’m just depressed. Rates double from a few years ago, sky high prices, and most houses need some work. People are pricing their houses higher than what they paid in 2022. 🙄 …
A viral TikTok video posted by content creator @moeburqa shows the shopper pulling down ‘holiday prices’ signs to reveal the original price underneath. Both the item’s original retail price and the holiday deal appear to cost exactly the same. In one example from the video, a 10-piece screwdriver set is advertised at $19.97, and the …
