Here’s how likely a double-digit correction might be in the next six months
via CNBC: Stocks are hitting record highs again as investors cheer a U.S.-China trade detente and high hopes for a rate cut as soon as this month. But while Wall … Read more
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DJT Curse? Nolte: CNN Death Spiral Continues with Double Digit Q2 Ratings Collapse
The far-left fake news outlet CNN came in 15th place in primetime during the previous quarter and lost nearly 20 percent of its already pathetic viewership. Let’s go straight to … Read more
New Housing Data Warns The Era Of Double-Digit Home Price Gains Is Over
via Zerohedge: Following last month’s disastrous starts and permits data, Tuesday’s release of the S&P/Case–Shiller US National Home Price Index hinted at a nasty slowdown in all 20 metropolitan regions the … Read more
Sven Carlin: Food Stock Ingredion Offers A Double Digit Yield (Buybacks + Dividend)
by Sven Carlin Summary Ingredion could be a defensive food stock offering growth and a high yield. The dividend yield is 2.7% while the buyback yield for 2018 was 10%. Given … Read more
Manhattan Total Real Estate Sales See 4th-Consecutive Double-Digit Quarterly Decline
via CNBC: Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, according to a new report. The average price of a … Read more
Why the triple digit increase in seniors filing for bankruptcy?
by Dennis Miller A New York Times (NYT) headline blared, “Too Little Too Late’: Bankruptcy Booms Among Older Americans”. They reference a Consumer Bankruptcy Project (CBP) study, “Graying of U.S. Bankruptcy: Fallout from … Read more
50 US Metro Housing Areas See Double-Digit-% YoY Inventory Increase
via confoundedinterest: Since 2007, the inventory of existing homes sales has generally declined while median prices have skyrocketed. And home price growth has been exceeding wage (earnings) growth by around 2x-3x. … Read more