— Financelot (@FinanceLancelot) July 18, 2022
Today we learned that homebuilder confidence is collapsing at the fastest pace on record.
Via U. Mich. data we can see WHY home BUYERS think now is a BAD time to buy.
Home prices are top of the list. Not interest rates.https://t.co/JVQ8MVjNB4 pic.twitter.com/bQpMRFmbLc
— Mac10 (@SuburbanDrone) July 18, 2022
52% believe the economy will get worse over the next year, and just 22% believe it will improve. Both are survey records, and they are worse than those found during the great financial crisis. – CNBC pic.twitter.com/QM2DojjDRI
— Ilia Sakowski (@IliaSakowski) July 18, 2022
With stocks technically oversold on the weekly charts, I feel the markets are at a make it or break it point. Either the bulls will get their big Bear market rally or the Fed's heavy liquidity drain will prevail. For me, this is an inflection point.
— Steven Van Metre – AI 👑 (@MetreSteven) July 18, 2022