Tag: housing bubble

Housing Supply & The Weakening Consumer

Housing Supply & The Weakening Consumer

The Housing Supply ratio tells a story of a weakening consumer. Housing Supply: The ratio of new houses for sale to new houses sold is at its highest level (9.3) since May 2010, the latter part of the Great Recession. This despite the fact that mortgage rates have ticked down in recent weeks. Housing Supply … Continue reading Housing Supply & The Weakening Consumer

We Still Have A Housing Bubble

We Still Have A Housing Bubble

The housing bubble persists. However, while home values continue to appreciate, the rate of growth - both year-over-year and sequential - is slowing. We analyzed Zillow data (Zillow Home Value Index): We analyzed zillow residential housing data for all 50 states and the District of Columbia across 22 years (January 2000 - June 2022). Click … Continue reading We Still Have A Housing Bubble

In Case Of Emergency Break Glass

In Case Of Emergency Break Glass

In the pursuit of curbing price inflation Fed Chair Powell will be willing to break some glass... Speculative asset classes such as crypto, rare automobiles, fine art: YES. This has already happened to a degree, especially as it relates to crypto currencies and publicly-traded companies that have exposure to crypto such as Coinbase (COIN). There … Continue reading In Case Of Emergency Break Glass

The Forever Bubble-Blowing Fed

The Forever Bubble-Blowing Fed

The Fed's behavior in recent months has been something out of a horror movie. The low interest rate, expansionary monetary policies introduced by former Fed Chair Bernanke and continued by former Fed Chair Yellen have dramatically accelerated under current Fed Chair Powell. Bernanke dealt in $Billions, Chairman Powell prefers $Trillions. Click any of the charts … Continue reading The Forever Bubble-Blowing Fed