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JUST IN: US home prices rise by 0.9% in July according to Case-Shiller data, marking a fresh ALL TIME HIGH.
Despite mortgage rates soaring to 7.5%+, their highest since 2000, home prices are up 5 STRAIGHT months.
Year-to-date, home prices are up 5.3% which is more than the…
时政
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由
The Kobeissi Letter
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JUST IN: US home prices rise by 0.9% in July according to Case-Shiller data, marking a fresh ALL TIME HIGH.
Despite mortgage rates soaring to 7.5%+, their highest since 2000, home prices are up 5 STRAIGHT months.
Year-to-date, home prices are up 5.3% which is more than the median FULL year average.
This means that home prices are outperforming the S&P 493, which is the S&P 500 minus 7 tech stocks, on a YTD basis.
All as 8%+ mortgages are on the way and existing home sales hit 2010 lows.
How can this end well?
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This alone makes the Department of Government efficiency worth it.
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This alone makes the Department of Government efficiency worth it.
D.O.G.E. has removed 7 MILLION scammers from the Social Security system so far.
If each fraudulent person was making just $1800/mo, then D.O.G.E. just saved Americans $12,600,000,000 A MONTH.
HOLY SMOKES!
btc
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twitter.com)
•
Mila Joy
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A desperate woman on a plane, voice shaking, begging strangers to just listen to her story.
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A desperate woman on a plane, voice shaking, begging strangers to just listen to her story.
Meanwhile, Chinese netizens love boasting: “Just report it to the government! They’ll handle it!”
Reality check: Unless you’re connected, powerful, or “special,” no one hears you.
The
时政
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twitter.com)
00:02:10
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