Jackson, Wyoming is the a New York style high rent exclusive hangout for the rich and mega-rich. The ordinary people that work in Jackson have to live across the mountain in Idaho because of real estate prices near Jackson Hole.
to the highest level that we have seen in more than 20 years…
The Magic Mortgage Rate Number to Tip the Housing Market
2% is too high.
Supply and Demand 101. Americans saved money, had low credit card balances coming out of quarantine. They are spending those savings on the same goods and services because inflation has made them more expensive.
Enter Biden in Jan 2021 and do things guaranteed to cause inflation. That was the cause of inflation.
The FED is required by law to counteract the actions of Biden. The FED is just doing its job required by law.
Bidenomics is the problem. T
Easy cash made the costs of houses go up, and that made the property taxes go up. Everything’s getting harder.
The author doesn't understand options or 13f filings.
At this point (way late) unless you want runaway inflation, higher rates are a must....there’s no best choice, no easy solution.
The USA & the world have spent us into this situation. Now the party’s over and we get the pain.
It’s election season…..Powell has his marching orders not to raise rates, but to start cutting.
High intrest rates are a blessing because, like a decrpit prostitute, they are not seductive.
#1 That is true.
I am guessing it will be a good monday for nvidia and amd.
My AMD back in May rose over $46 in that month to about 130 and since then has gone down. Stayed below 120 but would go up and down to 107 and back up to about 120. This past 10 days however it fell to about 102. It would go until the Fed would make an announcement that they will raise the interest rates again and again.
NVIDIA is at 435.00 and +2.01 (+0.46%) After hours: 7:59PM EDT
I own AMD which was up on a friday.
105.45 +1.01 (+0.97%)
At close: August 18 04:00PM EDT
105.60 +0.15 (+0.14%)
After hours: 7:59PM EDT