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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…
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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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BREAKING: Marjorie Taylor Greene just admitted on The View that there are PAID MAGA INFLUENCERS.
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BREAKING: Marjorie Taylor Greene just admitted on The View that there are PAID MAGA INFLUENCERS.
“I think there’s a lot of paid social media influencers… they’re all MAGA accounts, and they all attacked me when I said I was coming on this show.”
Did she just expose the whole
时政
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twitter.com)
00:00:28
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🇺🇦 Ukrainians… honestly, it’s hard not to admire them at this point
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🇺🇦 Ukrainians… honestly, it’s hard not to admire them at this point
Every day it’s the same thing, pressure, loss, uncertainty, and they just keep going anyway. Not loud about it, just… steady
That kind of resilience isn’t something you fake, you either have it or you don’t
时政
(
twitter.com)
00:00:23
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