Independent thinking for complex markets and current events
by confoundedinterest17 I feel like we are in the financial Twilight Zone. Home builder stock prices have surged, while home builder sentiment has plunged. Of course, The Fed’s endless money printing isn’t helping the supply side of home building. To make matters worse, pending home sales remain in the doldrums. Federal Reserve Board member Lisa Cook …
by confoundedinterest17 We’re going down! Moments ago the University of Michigan released the latest “report card” on Bidenomics, and to nobody’s surprise – except perhaps a certain senile teleprompter reading, diaper-wearing puppet in the White House – it was another disaster. One month after the May Consumer Sentiment printed at a record 7-sigma miss to expectations, consumer …
by confoundedinterest17 The US economy is going down. 2024 hasn’t been a good year for Bidenomics. The Economic Surprise Index is falling to its lowest point in years. The economic confidence index has been terrible since Covid and Biden’s Reign of Ecoomic Error. We need to give Biden the hook!’ And I don’t want The …
The commercial real estate market is facing a dire situation, with reports suggesting a staggering loss of 50-60% of its value. This alarming depreciation, however, may just be the tip of the iceberg. As the industry grapples with this significant downturn, questions arise about the potential impact on Wall Street and the resilience of financial …
In a concerning turn of events, the Nasdaq has experienced a nearly 4% decline in just three trading days, resulting in a staggering loss of $600 billion in market capitalization. This downturn erases all gains made since December 13th, highlighting the volatility in the market. Adding to the unease, the Magnificent 7, a group of …
by mark000 Will there be a European banking crisis which will spread to the US and North America? Will commercial property woes in the US sink regional and big banks? via pensionpulse: Nobody really knows what is going on, it feels to me like they’re trying to mask the size of the problem but if …