The used car bubble is finally bursting
The Used Car Bubble is bursting… pic.twitter.com/vcKiVcqbve — Charlie Bilello (@charliebilello) December 3, 2022
The Used Car Bubble is bursting… pic.twitter.com/vcKiVcqbve — Charlie Bilello (@charliebilello) December 3, 2022
This is the fifth consecutive month of of month-over-month declines, and pending home sales have now fallen in 11 of the last 12 months.https://t.co/895uWSQ2Hd — HousingWire (@HousingWire) November 30, 2022 First-time homebuyers priced out by speculators and corporate “investors” flush …
Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete, who refinanced her two-family home in 2006, …
The housing market is cratering and the latest numbers reveal some really disturbing trends. With mortgage rates reaching 20-year-highs, owning a home in America has never been so expensive. Potential home buyers have been completely tapped out by now. That’s …
Follow me @GuyDealership for insights into the car business! — Car Dealership Guy (@GuyDealership) November 4, 2022
#recession … #Tech Bubble 2.0 edition#layoff #jobless #unemploymeny https://t.co/PNBLoU4XbJ — Invariant Perspective (@InvariantPersp1) November 7, 2022 Mark Zuckerberg's net worth 📉: 2022: $35B 2021: $140B — World of Statistics (@stats_feed) November 6, 2022
by Boo_Randy The collapse in mortgage underwriting presages a collapse in home sales & prices… Mortgage rates for new 30 year average have also hit the highest since 2000, at 7.30%. Read more: https://t.co/AcR6mcKJTn — unusual_whales (@unusual_whales) November 5, 2022
h/t silvertomars
Another bubble gone bust! $META pic.twitter.com/drAosc9amU — IV (@iv_technicals) October 26, 2022 #Facebook #facebookdown $META 📉https://t.co/vBS3MITwSb — Invariant Perspective (@InvariantPersp1) October 27, 2022
by Boo_Randy The Housing Market ‘Is Crashing,’ Says KPMG Chief Economist (rare truth-bomb allowed on MSM) #recession … #GFC2 US #Housing Bubble 2.0 edition https://t.co/suwPeCpe1U pic.twitter.com/S22VRozBom — Invariant Perspective (@InvariantPersp1) October 23, 2022 US New Home Buyer Traffic DOWN -64% …
https://youtu.be/h07nuoflQMU Jeremy Grantham predicts a huge wipeout in the markets. According to the investor, we are about to witness the biggest bubble burst since 1929. h/t mark000
by Boo_Randy Affordability in the housing market has deteriorated at the fastest pace in the last 30 years So which ones the next Lehman ? pic.twitter.com/KkThzIgFZp — Wall Street Mav (@WallStreetMav) October 4, 2022 Financial Conditions are getting tigther pic.twitter.com/DISCAX5PXf …
by Boo_Randy Prediction: the global financial meltdown will start in the WEF looting colonies of Australia, New Zealand, and Canada, then spread to the US, UK, and Europe. https://www.macrobusiness.com.au/2022/09/aussie-bank-bubble-bursting-slowly-then-all-at-once/ The usual Aussie bank groveling articles are appearing as we approach …
by Shaun Richards It has been an extraordinary few days with the Bank of Japan intervening to support the Yen and then the pressure switching to create something of a sterling crisis. But if we step back we see that …
Those who inflated their lifestyle and spending habits have now come to the realization that marketing budgets are the first thing to get cut during recessionary periods. YouTubers who hired a dozen team members last year are now laying off …
by confoundedinterest17 And I thought the Washington Commanders QB Carson Wentz getting sacked nine times in a game against his former team was bad! We start the week with another chapter of “The Worst Bond Bubble Burst Since 1949.” This time …
by confoundedinterest17 Pension funds hold large positions in US Treasuries and Agency Mortgage-backed Securities (MBS). As does America’s central bank, The Federal Reserve. All are suffering losses as The Fed fights inflation. (Bloomberg) — Week by week, the bond-market crash just keeps …
by silvertomars since Feb 2020 Fed bought $1.3 trillion MBS and now owns a whopping $2.7 trillion MBS… they will now reduce their holdings by $35 billion a month… at this pace it would take them 6.5 years to sell …
by Boo_Randy The Fed’s balance sheet unwinding will accelerate to $95 billion per month at an unprecedented rate, and market liquidity is already dwindling. Will Fed be able to stick to their QT plan without causing a global crash? …
Ray Dalio’s co-chief rang the alarm on inflation, recession, and a global financial bubble this week. Here are the 10 best quotes. Greg Jensen warned the Fed’s rate hikes could spark a market downturn and a deep recession. The Bridgewater …
Jeremy Grantham says that the bubble has finally started popping and explains how to prepare yourself. https://youtu.be/PbpzNJI55lg
by BoatSurfer600 Homes in August sat on the market an average five days longer than they did a year ago. The median listing price in August dropped to $435,000 from $449,000 in July The average home sold for less than …
This is a deep dive with Danielle DiMartino Boot and Hedgeye about the New and used Car market. and how this will affect everyone!
by Boo_Randy Peter Schiff calling out what the MSM touts & shills are trying desperately to conceal from you: So the last time new homes were this unaffordable the nation had just experienced a financial crisis, the U.S. economy was …
Housing Slides Into Recession, Falls 6% in July Sales of previously owned homes fell nearly 6% in July compared with June, according to a monthly report from the National Association of Realtors. Sales dropped about 20% from the same month …