The unbelievable rise of stocks has been unfazed throughout this period of trauma, of stress, and of ultimate chaos. Look around and the stats have ranged from below normal to absolutely horrible. What’s the solution? Growth. Growth will fix it all. And what we can’t grow out of, we’ll just add more taxation to fill those gaps. What a load of garbage. But I guess people are servants to their overlords anyway. They’ll accept what they’re given, regardless of how bad it gets. Just give them their Panem et Circenses, their bread and circus.
Black Knight’s First Look at July 2020 Mortgage Data
https://www.blackknightinc.com/black-knights-first-look-at-july-2020-mortgage-data/
Mortgage delinquencies are on the rise – The Washington Post
Bubble Watch: 5.5% of mortgages in California are delinquent – Orange County Register
https://www.ocregister.com/2020/08/25/bubble-watch-5-5-of-mortgages-in-california-are-delinquent/
American Airlines is cutting 19,000 jobs when federal aid expires in October
More Than Half Of San Francisco Storefronts Closed Due To Pandemic – CBS San Francisco
The Great Inflation Debate Is Heating Up With Trillions at Stake – Bloomberg
Winter is coming — and restaurants are scrambling – CNN
https://www.cnn.com/2020/08/25/business/restaurants-winter-outdoor-dining/index.html
Inflation will become a serious headwind on a vaccine: Peter Boockvar
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https://cdn.statcdn.com/Infographic/images/normal/22664.jpeg
Condo Supply Soars in Greater Downtown Miami
https://therealdeal.com/miami/2020/08/21/a-buyers-market-condo-supply-soars-in-downtown-miami/
N.J. Budget’s $1 Billion in New Taxes Targets Millionaires – Bloomberg