Independent thinking for complex markets and current events
The idea that the U.S. housing market is finally responding to buyers is a lie engineered to mislead. Beneath small price shifts and stagnant mortgage rates, the system is still structured to preserve inflated valuations, restrict liquidity, and trap both homeowners and prospective buyers. Reports that suggest softening prices or easing rates are not signs …
The cracks are showing. DR Horton booked $1.02 billion in net income for Q3 2025, a sharp drop from $1.35 billion a year ago. Revenue slid 7% to $9.2 billion. Closings fell to 23,160. The backlog shrank 16%. Order value dropped 19%. Gross margin slipped to 22.7%. Incentives increased. Liquidity held steady at $5.5 billion. …
Caution sign: New jobless claims are ticking up. The numbers are still low, but there's an upward trend. This is key to watch. The main reason the US economy has been so resilient is 159.5 million people are still employed and getting paychecks. If that goes down, a downward… pic.twitter.com/X8gfQWudUw — Heather Long (@byHeatherLong) June …
BREAKING: The White House press secretary says “there will be no unilateral reduction in tariffs against China.” Trump is putting the ball in China’s court. — The Kobeissi Letter (@KobeissiLetter) April 23, 2025 BREAKING: White House Press Secretary Leavitt right now: There will be a fair trade deal with China, there will be no unilateral …
US job openings fell in June to the lowest level since April 2021, suggesting some softening in demand for workers in an otherwise resilient labor market. pic.twitter.com/fXipTISecT — Cheddar Flow (@CheddarFlow) August 1, 2023