[edit] As if on cue, out comes Anthony B. Sanders with… US Housing Starts Plunge Under Rising Interest Rates
I agree with you, this does not look healthy.
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[edit] As if on cue, out comes Anthony B. Sanders with… US Housing Starts Plunge Under Rising Interest Rates
I agree with you, this does not look healthy.
While thumbing through the paper (which has become a munificent source for anecdotes lately), I saw this advertisement. The image is a bit odd because this is a scan of a newspaper, so you can see some of the very exciting specials from the Willows Market advertisement on the other side of the same page. Still, you can make it out pretty clearly:
Alan Greenspan, Benjamin Bernanke, and Janet Yellen must be laughing their wrinkly assess off, now that goy-boy Jerome Powell has been stuck holding the biggest stinking bag in the history of the universe. What a schmuck. And he seems like a pretty decent guy! Shame.
Anyway, in spite of this completely fake, phony, fraudulent bull market of the past nine years, I’m still a believer in the cyclic nature of – – well – – everything – – and while the politicians and media celebrate record lows in the misery index (shown below, thanks to SlopeCharts), it should strike abject terror into the heart of thinking people………..like yourself.