Uncle Warren: “Never bet against America.”
Bill Ackman: Goes on CNBC, “Hell is coming.”
Lol
— Heisenberg (@Mr_Derivatives) March 1, 2025
Did anyone else notice Scott Bessent say "We expect the housing market to 'unfreeze' in the next few weeks."
What do you suppose he meant by that? 🤨 https://t.co/jCPYv5vdiG
— Financelot (@FinanceLancelot) March 1, 2025
Shocking stat of the day:
The median price of new homes sold in the US spiked by $31,000 in January, to $446,300, the second-highest level on record.
The median new home price is now only below $460,300 seen in October 2022.
As a result, new home sales fell -10.5%… pic.twitter.com/A0SlAGiRpD
— The Kobeissi Letter (@KobeissiLetter) March 1, 2025
While I appreciate what DOGE is doing, I'm concerned that it's also a distraction. As all the attention is focused on the potential cuts being made by DOGE, no one is paying attention to the far larger actual increases in government spending being passed by a Republican Congress.
— Peter Schiff (@PeterSchiff) March 1, 2025
Uncle Warren: “Never bet against America.”
Bill Ackman: Goes on CNBC, “Hell is coming.”
Lol
— Heisenberg (@Mr_Derivatives) March 1, 2025