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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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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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"Mortal danger" threatens Ukraine without the help of the West , — Olena Zelenska
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"Mortal danger" threatens Ukraine without the help of the West , — Olena Zelenska
"We really need help.
Simply put, we can't get tired of this situation, because otherwise we'll die.
And if the world gets tired, they'll just let us die," the first lady said.
SRC: warriors…
时政
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twitter.com)
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Delta CEO Ed Bastian leaves CBS's Gayle King in a state of shock after he defends the Trump administration's planned changes to the FAA:
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Delta CEO Ed Bastian leaves CBS's Gayle King in a state of shock after he defends the Trump administration's planned changes to the FAA:
"The cuts do not affect us. I've been in close communication with the Secretary of Transportation. I understand that the, the cuts at this
btc
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twitter.com)
00:00:58
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🚨DAVID SACKS: "We knew that the US Government runs a $2T deficit every year, we're in debt almost $40T, and every time someone tries to cut something in Washington the whole city screams bloody murder. The question is why? Now we know -- everyone was getting paid!
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🚨DAVID SACKS: "We knew that the US Government runs a $2T deficit every year, we're in debt almost $40T, and every time someone tries to cut something in Washington the whole city screams bloody murder. The question is why? Now we know -- everyone was getting paid!
New York
btc
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twitter.com)
00:01:33
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🚨🇷🇴ROMANIAN MP SIMION: HELP US SAVE DEMOCRACY
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🚨🇷🇴ROMANIAN MP SIMION: HELP US SAVE DEMOCRACY
“What is happening these days in Romania is simply unbelievable; we are in an ongoing coup d'etat, and the last episode was yesterday when they rejected the candidacy of Mr. Georgescu without any reason.
We will continue to fight;
btc
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twitter.com)
00:01:15