US equity advisory optimism at its lowest since 2008. pic.twitter.com/oXIqDGHplG — Longview Economics (@Lvieweconomics) October 18, 2022 While earnings remain inflated, the great disconnect between equity prices and earnings has come off a long way. pic.twitter.com/apBUgNVNsi — Steve Donzé (@steve_donze) …
From Wolf Richter at Wolf Street: We just knew this would be coming, given the sky-high home prices and the spike in mortgage rates: Homebuyer sentiment deteriorated further to a new low. The percentage of people who said that now …
by confoundedinterest17 https://www.redfin.com/news/housing-market-update-pending-sales-up-47pct-from-2019/According to Redfin, forty-four percent more homes are pending sale than at this time in 2019, but only 3% more homes recently hit the market—down from 12% growth over 2019 just 7 weeks prior. As a result of the severe …