3-Reasons Why There Really Is No Housing Shortage

by Lance Roberts One of the most recent mantras in the financial media is that housing prices rise because there is an inventory shortage. While it is an excellent headline for “getting clicks,” the are 3-reasons why there really is NO housing shortage. A Quick Story In 2007, as the housing market was going crazy, I lived in a … Read more

“Don’t fight the Fed?” S&P 500 is close to a 9% drawdown, Nasdaq -13% while the Fed executing $120B a month of asset purchases, nearly 2x 2010 levels.

“Don’t fight the Fed?” S&P 500 is close to a 9% drawdown, Nasdaq -13% while the Fed executing $120B a month of asset purchases, nearly 2x 2010 levels. — Lawrence McDonald (@Convertbond) October 31, 2020 Even as central banks offer unprecedented liquidity stimulus in the primary and secondary corporate bond markets, corporate credit quality has … Read more

MORGAN STANLEY: “14 US states are currently at or approaching the rate of 200+ hospitalizations [per million], which appears to have triggered many of the EU lockdowns .. These states include SD, ND, MT, NE, IN, WI, IL, MO, MS, OK, AR, KY, TN, and AL.”

MORGAN STANLEY: “14 US states are currently at or approaching the rate of 200+ hospitalizations [per million], which appears to have triggered many of the EU lockdowns .. These states include SD, ND, MT, NE, IN, WI, IL, MO, MS, OK, AR, KY, TN, and AL.” pic.twitter.com/IE7SFeVGnn — Carl Quintanilla (@carlquintanilla) November 3, 2020 https://twitter.com/TetotRemi/status/1323605670399193092 … Read more

From coast to coast, cities all across America are bracing for complete and utter chaos

by Michael Snyder What we are experiencing at this moment is being referred to as “the calm before the storm”.  All over the country, businesses are temporarily shutting down, stores are being boarded up and National Guard troops are being deployed.  There has never been a presidential election like this in modern American history, and … Read more