An end to super-cheap money? Central banks begin tightening cycle https://t.co/htzNjcCxKW
— Financial Times (@FT) September 24, 2021
'U.S. stocks that are booming thanks to ultra-low bond yields are now the most expensive since at least 1992. It’s a sign that money managers are defying inflationary threats to ride a crowded Wall Street trade.' https://t.co/eBLdNLJRC6… pic.twitter.com/Z5WUh2GyDK
— The Long Game (@7LongGame) September 24, 2021
New Home Prices in US hit another record high in August, up 20% over the last year.
Median prices, last 10 yrs…
Aug 2021: $391k
Aug '20: $326k
Aug '19: $327k
Aug '18: $321k
Aug '17: $314k
Aug '16: $299k
Aug '15: $293k
Aug '14: $292k
Aug '13: $255k
Aug '12: $253k
Aug '11: $220k pic.twitter.com/z4WSRYzCVp— Charlie Bilello (@charliebilello) September 24, 2021
2007: Flipping houses
2021: Flipping NFTs— Sven Henrich (@NorthmanTrader) September 24, 2021