Independent thinking for complex markets and current events
US home sellers are increasingly cutting prices: A record 34.2% of home sellers lowered their list price in February, the highest for any February since records began in 2012. Since 2022, the percentage of sellers cutting prices has more than tripled. Sellers who cut prices cut by an average of $40,915, or -7.3%, the highest …
What The Headline GDP Number Doesn’t Show byu/stockpreacher instockpreacher BREAKING: US goods imports fall -19.8% in April as President Trump's "reciprocal tariffs" effectively halted trade with many countries. This marks the largest drop in history for US goods imports. — The Kobeissi Letter (@KobeissiLetter) May 30, 2025 “There was always concern that it would be …
Global trade outlook is deteriorating: The World Trade Organization expects world merchandise trade to fall -0.2% in 2025, down from +2.7% growth expected at the beginning of the year. This would follow the +2.9% growth recorded in 2024. North American trade is set to be hit… pic.twitter.com/c6h7dlUv4h — The Kobeissi Letter (@KobeissiLetter) April 23, 2025 …
The unemployment rate for young, college-educated women just had its boldest non-Covid jump since records began in 2000 (not seasonally adjusted). This series moves up and down like a Richter scale. Even so, the nature of this rapid pop from 1.8% to 4.1% caught my eye. pic.twitter.com/N70lXNqMPw — Jeff Weniger (@JeffWeniger) July 8, 2024 U.S. …
The NAAIM Exposure Index dropped to 92.2 from 68.6, the sharpest decline since January. pic.twitter.com/VJCtYT1HDC — Daily Chartbook (@dailychartbook) June 7, 2024 The NAAIM Exposure Index is a tool used to gauge the sentiment of active investment managers in the stock market towards US equities. Here’s a breakdown: Source: The National Association of Active Investment …
Homebuyer traffic has experienced a significant decline, nearly 40% since the beginning of 2023, reaching levels not seen since the 2020 lockdowns, the 2008 financial crisis, and the 1980s housing crash. What makes the situation intriguing is the recent surge in new home sales, rising by 12.3% in September, defying expectations of a decline, all …
The situation is getting serious as banks are experiencing one of the sharpest declines in lending activity ever recorded. This means they’re not lending money as readily as before. At this rate, we might be heading towards a “credit event,” which essentially means a big problem in the world of credit and lending. Moreover, banks …