Government Spending Helped Kill Mortgage Demand! Mortgage Demand Decreased 3.8 Percent From One Week Earlier

by confoundedinterest Nobody wastes money like government, particularly around events like Covid where Federal spending led to housing prices spiking after Covid outbreak in 2020. This made housing unaffordable for most households. This in turn helped kill the mortgage market. Mortgage applications decreased 3.8 percent from one week earlier, according to data from the Mortgage …

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UK considers social media block for kids. Will social media’s week of reckoning finally wake up Silicon Valley?

Australia is taking on powerful tech companies with its under-16 social media ban, but will the rest of the world follow? The country’s enactment of the policy is being watched closely by politicians, safety campaigners and parents. A number of other countries are not far behind, with Europe in particular hoping to replicate Australia, while …

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Hallelujah! Mortgage Demand Increased 4.8% From Previous Week (Purchase Demand Increased 32%, Refi Demand Increased 14%)

by confoundedinterest17 Hallelujah, I love this economy so! Of course, former First Lady Jill Biden is on the national tour trashing the economy saying it was “perfect” under Joe Biden. Mortgage applications increased 4.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending …

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Supreme Court to decide next week whether to hear challenge to federal marijuana ban.

The U.S. Supreme Court will announce on December 15 whether it will hear a major challenge to federal marijuana bans brought by state-licensed cannabis companies, a decision that could force a reckoning between national law and the patchwork of state-legal markets. The justices are slated to discuss the petition in Canna Provisions Inc. v. Garland …

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SPX trader warns next week could turn bloody red. Michael Burry reiterates his “Sell”. $SPY $VIX reversal soon, Monday will confirm.

$SPY $SPX a close above 685-6870 is bullish, between 683-685 6870-6850 is neutral, and below 683-6850 is bearish. I’ll be all cash into the weekend. I only took a put scalp in the morning at the spx highs down to 6863 and that was it. I think next week will be bloody red… pic.twitter.com/cJuk4HgZtJ — …

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Winter Effect! Mortgage Purchase Demand Fell 32% From Previous Week (Expected To Rise In January)

by confoundedinterest17 Mortgage demand is beginning to look a lot like Christmas. That is, mortgage demand will be listless in December (like the infamous Lake Erie snow effect), but leap upwards in January 202. Mortgage applications decreased 1.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications …

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AAII survey jumped back to ultra bull last week

AAII survey jumped back to ultra bull last week 😏 pic.twitter.com/OjphXTx203 — TT3 (@TradingThomas3) December 4, 2025 We now have: 1. The biggest technological boom since the internet2. Ongoing Fed interest rate cuts into the AI boom3. Trump's impending new Fed Chair announcement4. $700B+ in annual technology CapEx5. The end of Quantitative Tightening (QT)6. Widespread …

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$36.2 trillion on Jan 20, $38.4 trillion today, $89.38 billion added in the last week alone

still running on Biden,Pelosi, Schumer,McCarthy, McConell budget. So thanks for pointing out the status quo of spending by the uniparty leadership of last 40 years is a failure. — donksuem (@donksuem) December 3, 2025 I’m just going to leave this here. Trump’s first budget began on October 1st. The receipts are in: * October ’25 …

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Nick Fuentes’ schedule for this week

The generational run is finishing STRONG this week: Infowars on Tuesday, Louder with Crowder on Thursday, Bradley Martyn sometime, and Piers Morgan next Monday 🔥 “This is going to be a full 10 round fight, Battle Royale, WrestleMania.” pic.twitter.com/RIJySKWRNU — Fuentes Updates (@FuentesUpdates) December 2, 2025   h/t VPN JUAN

The DOJ is aiming to present NEW indictments against James Comey and Letitia James as soon as THIS WEEK

***Backstory… Judge Cameron McGowan Currie dismissed the indictments against James Comey and Letitia James because she found that the appointed prosecutor, Lindsey Halligan, did not have the legal authority to bring the cases. The judge ruled that Halligan’s appointment as interim U.S. attorney was unlawful and invalid. This decision was based on the judge’s finding …

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Private employers cut 13,500 jobs per week, monthly layoffs jump 175 percent, hiring slows to half last year’s pace, and unemployment rises to 4.4 percent. Credit application rejection rates are soaring

The system is quietly trapping everyone while pretending nothing’s wrong. According to the BLM's most recent numbers, private employers are reporting 13,500 job cuts a WEEK. These are PRIVATE EMPLOYERS. NOT GOVERNMENT JOBS. The BLM reports we are seeing the worst job numbers since 2008. If you can HONESTLY justify that, you're a lot of …

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JPMorgan pumps NVDA, ORCL, and key tickers signaling a secretive unwind next week prepare for market turbulence

When JPMorgan starts pumping the market, it often means they’re preparing to unwind positions in key tickers — possibly NVDA, ORCL, and others. The impact usually shows up the following week. https://t.co/hJjkcNTnL0 — optionGeek (@StockShark16) November 26, 2025 Investor fear levels are rising: The cost of a 5-year put option protecting against at least a …

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$BTC $ETH bearish next week? Maybe a local top on Monday and then a dump to fill the CME gap could happen again. Saylor’s cost average is $78K.

Indeed, $BTC $ETH bearish next week pic.twitter.com/XIelFwWkQH — Alonso Ramón Díaz (@aramondiaz) November 23, 2025 $BTC is only $10,000 away from MicroStrategy's average price. For anyone wondering, Bitcoin below $74,000 won't cause any BTC selling from MicroStrategy. But this could definitely cause some panic among market participants. pic.twitter.com/Xb3F8aVDPF — Ted (@TedPillows) November 22, 2025 This …

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Next week, Verizon is set to lay off about 15,000 employees which is roughly 15% of its workforce

Next week, Verizon is set to lay off about 15,000 employees which is roughly 15% of its workforce, marking the largest job cuts in the wireless carrier’s history as part of its ongoing restructuring. pic.twitter.com/fF4xey2NbH — Breaking911 (@Breaking911) November 13, 2025 Verizon is planning to cut about 15,000 jobs in the telecommunications company’s largest-ever layoffs …

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US Purchase Mortgage Demand Increased 3% From Previous Week (Pulte’s 50Y And Layaway Mortgages??)

by confoundedinterest17 The US mortgage market is “livin’ on a prayer.” As a result, former homebuilder and current FHFA Director Bill Pulter has suggested 2 mortgage products to make US homes more “affordable”, adding to the legacy of stupid government policies to increase homeownership. But first, current mortgage demand. Mortgage applications increased 0.6 percent from one week earlier, …

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Reps. Ro Khanna and Thomas Massie plan to hold another major press conference with Epstein survivors early next week at the U.S. Capitol

Khanna: I’ll break some news — we’re talking with Massie now about getting another major press conference with the survivors early next week at the Capitol. There’s going to be so much momentum, left and right, to say: out with the Epstein class… And I believe we will get this… pic.twitter.com/4NSjP1uoXV — Acyn (@Acyn) November …

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Nvidia is down 5% on the day and 16% since Monday’s high. That’s roughly 800 billion erased in four days. The Nasdaq is on track for its worst week since Liberation Day.

Nvidia's losses accelerate to -5% on the day, now down -16% since Monday's high. That marks a drop of -$800 BILLION since Monday byu/RobertBartus inEconomyCharts U.S. stocks rebounded from session lows on Friday as hope for an end to the monthlong government shutdown offset continued weakness in tech stocks. Still, all three major indexes snapped …

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Republicans reject Democrats’ deal. Polymarket now shows 52% odds the shutdown ends next week.

https://t.co/uZpnABvHb2 — TT3 (@TradingThomas3) November 7, 2025 Reporter: What do you make of this new Democrat offer? Graham: Horrible. I'm not going to keep giving taxpayer dollars to the five largest healthcare insurance companies under Obamacare to get the government open. pic.twitter.com/Nn3m7VqOrh — Acyn (@Acyn) November 7, 2025 *REPUBLICANS REJECT DEMOCRATS' OFFER TO END SHUTDOWN …

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The shutdown is costing the U.S. $15 billion a week. Thousands of flights are expected to be cut starting Friday.

The United States has entered its longest government shutdown ever, surpassing the 35-day record set during Donald Trump’s first term, with mounting economic losses and warnings of nationwide travel chaos as the political impasse over health care funding drags on. Since Congress failed to approve funding past September 30, nearly 1.4 million federal employees from …

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Spain to host secret summit of 35 nations next week to discuss Ukraine support

🇪🇸🇺🇦 Spain's Ministry of Foreign Affairs will hold a kind of secret and closed summit of the "Decision Makers Coalition" next Tuesday, November 4. 📍 The closed meeting of the "Decision Makers Coalition," consisting of 35 countries, will take place in Madrid, where new ways to… pic.twitter.com/sLM88wzI1E — Visioner (@visionergeo) November 1, 2025 The talks …

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Bank reserves at $2.8T. Down $102B in a week. Reverse repo nearly empty. U.S. banks have borrowed $50 Billion in emergency funds in the last 15 days.

It’s happening quietly. You have to watch the numbers more than the headlines. The liquidity that once made the system feel invincible is slipping away. The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep unwinding its balance sheet, tumbled for the third straight week dropping to the lowest level …

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Donald Trump says SNAP benefits will be solved for November; Senate GOP and Democrats working on shutdown off-ramp for next week

President Donald Trump has suggested his administration may find a way to fund Supplemental Nutrition Assistance Program (SNAP) benefits during the ongoing government shutdown. Speaking on board Air Force One during his trip to Asia, Trump told reporters “we’re going to get it done,” but offered no details on how it might happen. Why It Matters Around …

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Supreme Court to hear arguments on Trump tariffs next week. Trump warns of “financial mess” if Supreme Court kills tariffs

The president has frequently spoken about the potentially drastic consequences if the Supreme Court strikes down his sweeping tariffs, a view contested by his opponents. WASHINGTON — President Donald Trump’s strategy to persuade the Supreme Court to uphold his sweeping tariffs is not subtle. To some opponents of his tariffs, Trump’s frequent use of apocalyptic …

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Bank reserves at the Fed dropped -$59 billion last week to $2.93 trillion, the 2nd-lowest since January 2023

BREAKING: Bank reserves at the Fed dropped -$59 billion last week to $2.93 trillion, the 2nd-lowest since January 2023. This nearly matches the 2023 low of $2.93 trillion, just before the regional banking crisis. Reserves are now on track for their 3rd consecutive monthly… pic.twitter.com/oVF2Ug8Xij — The Kobeissi Letter (@KobeissiLetter) October 25, 2025 My best …

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Nasdaq hits biggest earnings week of the quarter, Tesla and Netflix miss, analysts warn AI layoffs could shake consumer spending

This week could become a storm of unprecedented volatility, with over 30% of $QQQ components reporting earnings while investors wrestle with record-high margin leverage and frenzied options activity. AI-driven layoffs threaten to ripple across industries in ways rarely seen before, potentially crippling discretionary demand in tech-adjacent sectors like cloud infrastructure, software subscriptions, and digital media. …

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No SNAP next week – USDA will not use Emergency funds. 40+ million affected

BREAKING: USDA determines they will not utilize emergency funds for food stamp program causing over 40 million to lose SNAP benefits next week. — Dominic Michael Tripi (@DMichaelTripi) October 24, 2025 The U.S. Department of Agriculture said in a memo Friday the agency’s contingency fund cannot legally be used to provide food assistance benefits for …

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The Pentagon stopped posting contracts the same week Trump Jr.’s drone company won its biggest deal yet. You really can’t make this up.

The Pentagon just gave a tiny drone company a fat government contract and Donald Trump Jr. already owns four million dollars of it. Unusual Machines is barely two years old. It leans on Chinese parts and somehow just landed a deal to build 3,500 drone motors for the U.S. Army with talk of 20,000 more …

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Markets keep hitting the lower bound: Trump threatens China, banks rattle nerves, momentum stocks stumble. QQQ at a crossroads. Brace for next week.

Here is the set-up going into tomorrow and next week: Two weeks ago on Friday Trump pounded stocks lower in the morning by threatening to escalate the trade war with China. Last week, there were concerns over a renewed bank run. And early this week there was a momentum stock crash. Each time the lower …

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