The Fed’s Limbo Rock! How Low Can Consumer Sentiment For Housing Go? (Lowest Reading Since 1992 As Fed Counterattacks Bidenflation)

by confoundedinterest17 The Fed’s Limbo Rock! How low can consumer sentiment for housing go? The University of Michigan’s consumer sentiment index for housing for October just fell to its lowest level since 1992 as The Fed counterattacks against Bidenflation, causing mortgage interest …

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The US Housing affordability index is the lowest since 1989 (then we had average 10.3% mortgage rates). Never before have corporate investors had a larger share in the housing market in terms of purchases. BUT they are now stepping back…

by silvertomars Housing today is less affordable than at the housing bubble peak of 2006… either interest rates will have to come down a lot or real estate prices will have to come down substantially… “Builder confidence fell for the eighth …

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We are entering ECB/FOMC/Tech Earnings amid the lowest liquidity of the year and the biggest seller of financial assets is just getting ramped up.

Entering ECB/FOMC/Tech Earnings amid the lowest liquidity of the year. Market is back to overbought. Bulls, let it ride. pic.twitter.com/nDFmrw8GbG — Mac10 (@SuburbanDrone) July 20, 2022 This is why sentiment and positioning no longer matters – because the biggest seller …

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Consumer Sentiment For Home Buying Falls To Lowest Point In History, Even Lower Than Housing Bubble Burst And Financial Crisis Of 2008 (Housing Too Expensive, Mortgage Rates Soaring, Inflation Roaring)

by confoundedinterest17 The numbers keep getting worse. The University of Michigan Consumer Survey showed a decline in May to 58.4 (100 is baseline). Soaring inflation is a likely culprit. But the truly horrible survey result is the UMich Buying Conditions for …

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Turkish Lira Weakens to Lowest Since 2021 Currency Meltdown

by Boo_Randy Becoming our own central banks by stacking the shiny is literally We the People’s only defense against our corrupt elites & criminal central bankers. https://www.bloomberg.com/news/articles/2022-05-24/turkish-lira-weakens-to-lowest-since-2021-currency-meltdown?srnd=premium-middle-east&sref=ibr3A0ff The Turkish lira weakened to a five-month low against the US dollar as …

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Biden Breaks Historic Low for all time lowest approval rating of a sitting POTUS

Total Disapproval near 50% Strongly approve 18% Current Index rating -30 https://www.rasmussenreports.com/public_content/politics/biden_administration/prez_track_may20 74% of Country says our nation is heading in the wrong direction https://www.rasmussenreports.com/public_content/politics/mood_of_america/right_direction_wrong_track_may16 Biden’s Hispanic approval ratings plummets to 26% in new poll https://t.co/D5YLqubvet — Emma Vaughn (@em__vaughn) …

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The East Coast of the U.S. is reporting its lowest seasonal diesel inventory on record, rationing expected

This crisis will affect everyone. https://www.freightwaves.com/news/why-the-northeast-is-quietly-running-out-of-diesel The East Coast typically stores around 62 million barrels of diesel during the month of May, according to Department of Energy data. But as of last Friday, that region of the U.S. is reporting …

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