by confoundedinterest17 Well, at least markets recovered yesterday (Dow up 500 points this AM) from the Russian invasion of Ukraine. But now on to other news. US pending home sales fell -9.07% YoY as mortgage interest rates began rising. The University …
by confoundedinterest17 US new home sales declined -19.3% YoY in January as mortgage rates have risen awfully fast. On a MoM basis, US housing starts declined -4.53% from December, but heck … its winter. The median price for new homes rose …
by confoundedinterest17 Surprise! US existing home sales in January rose to 6.50 million units SAAR versus the expected 6.10 million units. That is a 6.7% increase over December. The disturbing news is the continued lack of available inventory that peaked …
After years of teasing travelers that they would have the chance to book a trip into space, the day is finally here: Richard Branson’s aerospace travel company Virgin Galactic will start selling tickets for spaceflights tomorrow, and if you have …
by Chris Black Imagine my shock: vax companies making buckets of money from the covid hoax! Dev of mRNA vaccines “should have revolutionised the global Covid response. But we’ve let Pfizer withhold this essential medical innovation from much of the …
Wall St. For Main St., Released on 2/8/22 Still in a Gold Tug of War but strong physical demand news stories lately: U.S. Mint sees strongest gold coin sales in 12 years, sells 1.25 million ounces in 2021 https://www.kitco.com/news/2022-01-04… 2021 Chinese …
Largest 2 month decline ever in the median sales price for new homes in the US. pic.twitter.com/XJIiYzkGNm — Darin D. Fessler ✝️ (@DDFalpha) February 5, 2022
60X PE for $AMZN – Where will be in 3mths Q1-22? i) Sales 4% downgrade today – so ecommerce likely delivering even larger losses (-$2bn Q4-21!)ii) RIVN mark to market -$4bn in losses – stock down -50% since 👀 — …
(Bloomberg) — Superyacht sales climbed to record levels last year, sapping supply and boosting prices to heights unlikely to soften despite the tumultuous start to 2022 in financial markets. A total of 887 superyachts were sold in 2021, a 77% …
by Chris Black People are eating a lot more McDonald’s. It’s a part of the agenda to save everyone’s health. https://t.co/0ZyLVhXTRV COVID-19 GOT THEM RICH BUT THEIR FOOD IS NOT THE HEALTHIEST — mhdude1 (@Mhdude1Mhdude1) January 28, 2022 Here’s a …
by confoundedinterest17 Pending home sales in the USA tanked 6.64% YoY. Yes, it was for December, but down 6.64% YoY means that pending home sales are lower than last December. And the stock market was up across the board as Powell …
by confoundedinterest17 US new home sales spiked in December by 11.9% from November, but were down 14% year-over-year. But the median price of new home sales (YoY) declined to 3.4%. The Midwest saw a surge in new home sales (+56%). …
by Shaun Richards It was only last Friday that we were looking at what was some strong news from the UK economy. Today is an example of a ying to that yang as we look at what is disappointing news. …
by confoundedinterest17 The banner headline is … US existing home sales declined 4.6% MoM in December. But that isn’t the interesting news. The interesting news is the mystery of the missing housing inventory. While various pundits told us that inventory would …
by Cawbrun According to this fantastic article about Ubisoft’s workplace culture eg. constant sexual harassment every day ending in “y”, Ubisoft’s NFT endeavor lead to outstanding results. Indeed: the total sales number is 380€. Paywalll removed: https://outline.com/2LAZ2d Ubisoft veut être premier sur les …
https://twitter.com/PuffDragon11/status/1482168568120692740 In real terms, retail sales growth has crashed to -1.9% on a trending basis. Leading indicators have been forecasting this slowdown, primarily through the collapse of real income. 1/ https://t.co/qZ0X6SPt92 pic.twitter.com/g7FakeXFHE — Eric Basmajian (@EPBResearch) January 14, 2022 #recession …
The pandemic proved a prophylactic for condom profits. The world’s largest condom manufacturer claims that business has gone financially flaccid amid the coronavirus pandemic, with sales declining as much as 40% over the past two years. “A large portion [of …
by: Jp Cortez (Birmingham, AL, USA – January 10, 2022) – Alabama currently exempts precious metals from state sales tax, however this exemption is set to expire in 2022. A senator in the Yellowhammer State hopes to extend this popular exemption. Introduced by Senator …
Pending home sales are crashing which could lead to a crash in home prices. With the end of fiscal stimulus, the Fed reining in their easing program, high prices, first-time home buyers disappearing pending home sales are crashing. With affordability …
While the official figures haven’t dropped, just about every outlet tracking new vehicle sales is projecting a significant decline in volume for December 2021. Showrooms have been trending toward the minimalist aesthetic since 2019 with the pandemic kicking things into …
US consumers were in the mood to spend this holiday season, with retail sales soaring 8.5 percent over last year, a study released Sunday showed. Online sales were up 11 percent and in-store sales up 8.1 percent between November 1 …
by confoundedinterest17 Inflation keeps clubbing Americans to death. This time in the form of New Home Sales prices. November’s New Home Sales figures are out. New Home Sales declined 14% YoY while the median price of New Home Sales is up …
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How in the hell is this possible when so many people are out of work? EVERYWHERE I look I see help wanted or , “hours changed due to staffing issues”. Many have lost their jobs due to this mandate bullshit …
by confoundedinterest17 While the Bureau of Labor Statistics uses a lame measure of house price inflation, US existing home sales MEDIAN PRICE YoY is growing at 13.9%. US existing home sales rose by 6.46 million units SAAR, less than the expected …
S&P just downgraded Evergrande to “Selective Default” so at least some of their bonds can’t be used for collateral anymore. This might be another interesting step on the road to Fukt City for Evergrande. Although it seems that they seemingly …
by EMoneymaker99 As we approach the end of the year, it is very important to consider tax rules such as the Wash Sale Rule. If you have day traded this year, you have likely incurred a wash sale at some point. This …
by confoundedinterest17 A forward-looking gauge of U.S. home purchases rebounded in October to a 10-month high, signaling steady housing demand despite growing affordability concerns among many prospective buyers. The National Association of Realtors’ index of pending home sales increased 7.5% from a month …
by confoundedinterest17 While some economists are cheering the post-COVID economic recovery, I am not among them. Rampant inflation and bad economic policies are plaguing the non 1% of the population. For example, new home sales dropped -23.1% YoY in October. As …
